Sonn & Erez PLC Announces MRT Settlement

Sonn & Erez PLC Announces MRT Settlement - 9/10/2009

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2009 News and Press Releases

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News	News 2009
HEADLINES \| SETTLEMENTS AND DISMISSALS \| COURT FILINGS LINKS TO OTHER NEWS \| NEWS ARCHIVE	HEADLINES ARCHIVED SETTLEMENTS AND DISMISSALS ARCHIVED

SETTLEMENT NEWS:

Sonn & Erez PLC Announces MRT Settlement
Staff Writer

GlobeNewswire, Inc.. September 10, 2009
_________________________________________________________________________

EXCERPT: YOU ARE HEREBY NOTIFIED that pursuant to an Order of the United States District Court for the Southern District of Florida, a hearing will be held on October 16, 2009 at 2:00 p.m., before the Honorable James I. Cohn, at the United States District Court for the Southern District of Florida, Room 203E, 299 East Broward Blvd., Fort Lauderdale, Florida, for the purpose of determining: (1) whether the proposed settlement of the Action for a Final Judgment of $50 million dollars should be approved by the Court as fair, reasonable and adequate; (2) whether, thereafter, Lead Plaintiffs may begin supplementary proceedings to try to locate assets subject to the Final Judgment; (3) whether to approve Plaintiffs' Lead Counsel's application for an award of attorney fees and expenses incurred in connection with this Action, together with interest earned thereon. If you purchased or otherwise acquired MRT investments between March 1, 2006 and October 5, 2007, inclusive, your rights may be affected by this Action and the settlement thereof. As a member of the Class, already certified by this Court, you will be bound by any judgment rendered in the Action. You have the right to object to the Settlement and Final Judgment.

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