This official website is maintained by the Settlement Administrator supervised by Lead Counsel in the action entitled Hollywood Firefighters’ Pension Fund, et al. v. Malone, et al., C.A. No. 2020-0880-SG (GCI Liberty Stockholder Litigation) (the “Action”), pending in the Court of Chancery of the State of Delaware.
CLASS NOTICE:
On June 16, 2023, the Settlement Administrator conducted the distribution of the Net Settlement Fund to registered holders, as approved by order of the Court. Please address any questions regarding your payment to the Settlement Administrator at 877-777-9248 or info@GCILibertyStockholderLitigation.com.
On June 16, 2023, the Settlement Administrator conducted the distribution of the Net Settlement Fund to registered holders, as approved by order of the Court. Please address any questions regarding your payment to the Settlement Administrator at 877-777-9248 or info@GCILibertyStockholderLitigation.com.
The information contained on this web page is only a summary of information presented in more detail in the Notice of
Pendency and Proposed Settlement of Stockholder Class Action, Settlement Hearing, and Right to Appear (the “Notice”),
which you can access by clicking here. Since this website
is just a summary, you should review the Notice for additional details.
The parties have reached a settlement of the Action for $110,000,000 in cash (the "Settlement") that resolves all claims in the Action. On October 5, 2021, the Court held a hearing on the Settlement and related matters. Following the hearing, the Court entered an Order and Final Judgment finally approving the Settlement, approving the Plan of Allocation for the proceeds of the Settlement, and awarding attorney's fees and litigation expenses to Plaintiffs' Counsel.
The Settlement Class consists of:
The parties have reached a settlement of the Action for $110,000,000 in cash (the "Settlement") that resolves all claims in the Action. On October 5, 2021, the Court held a hearing on the Settlement and related matters. Following the hearing, the Court entered an Order and Final Judgment finally approving the Settlement, approving the Plan of Allocation for the proceeds of the Settlement, and awarding attorney's fees and litigation expenses to Plaintiffs' Counsel.
The Settlement Class consists of:
Please read the Notice carefully. If you have questions, you may call the GCI Liberty Stockholder Litigation Help
at 1-877-777-9248 or email info@GCILibertyStockholderLitigation.com.
The settlement administration was completed in December 2022. On December 19, 2022, the Motion for Class Distribution Order was filed. On January 9, 2023, the Court entered the Class Distribution Order. First distribution of the net settlement fund occurred in June 2023. The second distribution will occur in the fourth quarter of 2024. Subsequent distributions will occur on a rolling basis, provided that net settlement funds are available.
The settlement administration was completed in December 2022. On December 19, 2022, the Motion for Class Distribution Order was filed. On January 9, 2023, the Court entered the Class Distribution Order. First distribution of the net settlement fund occurred in June 2023. The second distribution will occur in the fourth quarter of 2024. Subsequent distributions will occur on a rolling basis, provided that net settlement funds are available.
