Robbins Geller Rudman & Dowd LLP Announces Notice of Pendency of Class Action in the Lionbridge Shareholder Litigation
WILMINGTON, Del.--(BUSINESS WIRE)--Dec 24, 2018--The following statement is being issued by Robbins Geller Rudman & Dowd LLP regarding the Lionbridge Shareholder Litigation:
SUMMARY NOTICE OF PENDENCY OF CLASS ACTION
TO: ALL HOLDERS OF LIONBRIDGE TECHNOLOGIES, INC. COMMON STOCK AS OF THE CLOSE OF BUSINESS ON JANUARY 27, 2017
YOU ARE HEREBY NOTIFIED, pursuant to an Order of the United States District Court for the District of Delaware (referred to as the “District Court”), that you may be a member of a Class Action pending in the District Court.
The lawsuit captioned Laborers’ Local #231 Pension Fund v. Cowan, et al., C.A. No. 1:17-cv-00478-CFC was recently certified by the District Court as a Class Action, and Laborers’ Local #231 Pension Fund was appointed as representative for the Class. At this time, Class members are not required to take any action to remain in the Class. If any benefits are eventually obtained for the Class as a result of this lawsuit, eligible Class members may be entitled to a payment.
Class members may choose to exclude themselves from the Class. If you exclude yourself, you will not be entitled to a payment if any benefits are eventually obtained for the Class. If you do not exclude yourself, you will be bound by any judgment in this litigation, whether favorable or unfavorable. To remain a Class member and eligible for a payment if any benefits are eventually obtained, you are not required to do anything at this time. To request exclusion, you must submit a request in writing as described in more detail in the full Notice of Pendency of Class Action that is available at www.LionbridgeShareholderLitigation.com or can be obtained by calling 866-544-7043. The deadline to exclude yourself is January 24, 2019.
For a full description of the litigation, including identification of the plaintiff, defendants, Class Counsel, and the allegations of securities fraud, as well as related Court documents, please visit:
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CONTACT: Robbins Geller Rudman & Dowd LLP
KEYWORD: UNITED STATES NORTH AMERICA DELAWARE
INDUSTRY KEYWORD: PROFESSIONAL SERVICES LEGAL
SOURCE: Robbins Geller Rudman & Dowd LLP
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PUB: 12/24/2018 11:00 AM/DISC: 12/24/2018 11:01 AM