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     119  0 Kommentare Robbins Geller Rudman & Dowd LLP Announce Proposed Settlement in the ADT Inc. Securities Settlement - Seite 2

    The members of the Settlement Class who are eligible to participate in the proposed Settlement are all persons and entities that purchased or otherwise acquired ADT common stock in the period from January 19, 2018 through and including May 21, 2018, and were damaged thereby, subject to certain exclusions described in the Notice.

    IF YOU PURCHASED OR ACQUIRED ADT COMMON STOCK IN THAT TIME PERIOD, YOUR RIGHTS MAY BE AFFECTED BY THE PROPOSED SETTLEMENT, AS DESCRIBED IN MORE DETAIL IN THE NOTICE.

    The hearing on January 12, 2021 will consider whether: (1) the proposed Settlement should be approved as fair, reasonable and adequate to members of the Settlement Class; (2) a judgment should be entered dismissing the pending action with prejudice, and releasing all claims by members of the Settlement Class against Defendants in connection with the IPO disclosures; (3) to award Plaintiffs’ Counsel attorneys’ fees and expenses out of the Settlement Fund and, if so, in what amount; (4) to make awards to Plaintiffs for their time and expenses in representing the Settlement Class out of the Settlement Fund and, if so, in what amount; and (5) the proposed plan for allocating the Settlement proceeds among Settlement Class Members should be approved by the State Court as fair, reasonable and adequate.

    To share in the distribution of the Settlement Fund, you must establish your rights by submitting a Proof of Claim and Release form (“Proof of Claim”) by mail (postmarked no later than February 3, 2021) or electronically (no later than February 3, 2021). The Proof of Claim may be obtained online at www.ADTSecuritiesLitigation.com or by writing to Gilardi & Co. LLC at the address set forth above. If you fail to submit a Proof of Claim by the deadline, you may be precluded from receiving any recovery. But, if you are a member of the Settlement Class and do not request to be excluded, you will be bound by the Settlement and any judgment and release entered by the State Court, including, but not limited to, the Judgment, whether or not you submit a Proof of Claim.

    IF YOU ARE A SETTLEMENT CLASS MEMBER, YOU HAVE THE RIGHT TO OBJECT TO THE SETTLEMENT, THE PLAN OF ALLOCATION, THE REQUEST BY PLAINTIFFS’ COUNSEL FOR AN AWARD OF ATTORNEYS’ FEES AND EXPENSES, AND/OR THE AWARDS TO PLAINTIFFS FOR REPRESENTING THE SETTLEMENT CLASS. ANY OBJECTIONS MUST BE FILED WITH THE STATE COURT AND SENT TO STATE COURT LEAD COUNSEL AND DEFENDANTS’ COUNSEL BY DECEMBER 30, 2020, IN THE MANNER AND FORM EXPLAINED IN THE NOTICE, AND YOU MAY, BUT ARE NOT REQUIRED TO, ATTEND THE HEARING ON JANUARY 12, 2021.

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    Robbins Geller Rudman & Dowd LLP Announce Proposed Settlement in the ADT Inc. Securities Settlement - Seite 2 The following statement is being issued by Robbins Geller Rudman & Dowd LLP regarding the ADT Inc. Securities Settlement: IN THE CIRCUIT COURT OF THE FIFTEENTH JUDICIAL CIRCUIT IN AND FOR PALM BEACH COUNTY, FLORIDA CIVIL DIVISION In re ADT INC. …