Common use of Estimate of Average Amount of Recovery Per Share Clause in Contracts

Estimate of Average Amount of Recovery Per Share. Based on Lead Plaintiffs’ damages expert’s estimate of the number of shares of ▇▇▇▇▇ River common stock purchased during the Class Period that may have been affected by the conduct alleged in the Action and assuming that all Settlement Class Members elect to participate in the Settlement, the estimated average recovery (before the deduction of any Court-approved fees, expenses and costs as described herein) is $1.10 per eligible share. Settlement Class Members should note, however, that the foregoing average recovery per share is only an estimate. Some Settlement Class Members may recover more or less than this estimated amount depending on, among other factors, when and at what prices they purchased or sold their ▇▇▇▇▇ River common stock, and the total number and value of valid Claim Forms submitted. Distributions to Settlement Class Members will be made based on the Plan of Allocation set forth in Appendix A or such other plan of allocation as may be ordered by the Court.

Appears in 2 contracts

Sources: Stipulation and Agreement of Settlement, Stipulation and Agreement of Settlement

Estimate of Average Amount of Recovery Per Share. Based on Lead Plaintiffs’ Plaintiff’s damages expert’s estimate estimates of the number of shares of ▇▇▇▇▇ River Straight Path common stock purchased during the Settlement Class Period that may have been affected by the conduct alleged at issue in the Action and assuming that all Settlement Class Members elect to participate in the Settlement, the estimated average recovery (before the deduction of any Court-approved fees, expenses and costs as described herein) per share is $1.10 per eligible share0.928. Settlement Class Members should note, however, that the foregoing average recovery per share is only an estimate. Some Settlement Class Members may recover more or less than this estimated amount depending on, among other factors, when and at what prices they purchased purchased/acquired or sold their ▇▇▇▇▇ River Straight Path common stock, and the total number and value of valid Claim Forms submitted. Distributions to Settlement Class Members will be made based on the Plan of Allocation set forth in Appendix A herein (see pages 12-14 below) or such other plan of allocation as may be ordered by the Court.

Appears in 1 contract

Sources: Stipulation and Agreement of Settlement

Estimate of Average Amount of Recovery Per Share. Based on Lead Plaintiffs’ Plaintiff’s damages expert’s estimate of the number of shares of ▇▇▇▇▇ River OPKO common stock purchased during the Class Period that may have been affected by the conduct alleged at issue in the Action Action, and assuming that all Settlement Class Members elect to participate in the Settlement, the estimated average recovery (before the deduction of any Court-approved fees, expenses expenses, and costs as described herein) is $1.10 0.05 per eligible affected share. Settlement Class Members should note, however, that the foregoing average recovery per share is only an estimate. Some Settlement Class Members may recover more or less than this the estimated amount depending on, among other factors, when and at what prices they purchased or sold their ▇▇▇▇▇ River common stockshares, and the total number and value of valid Claim Forms submitted. Distributions to Settlement Class Members will be made based on the Plan of Allocation set forth in Appendix A or such other plan of allocation as may be ordered by the Court.

Appears in 1 contract

Sources: Stipulation and Agreement of Settlement