|  | | 2009 News and Press Releases | | |
SETTLEMENT NEWS:
Notice of Pendency and Proposed Settlement of Class Action on Behalf
of Those Who Purchased the Common Stock of Nature's Sunshine
Products, Inc. Announced by The Rosen Law Firm, P.A.
Staff Writer
Market Wire. October 30, 2009
_________________________________________________________________________
EXCERPT: [...] You Are Hereby Notified, pursuant to an Order of the United States District Court for the District of Utah, Central Division, that a hearing will be held on February 9, 2010 at 2:00 p.m. before the Honorable Ted Stewart, United States District Judge for the District of Utah, 350 South Main Street, Salt Lake City, Utah 84101 (the "Settlement Hearing") for the purpose of determining: (1) whether the proposed Settlement consisting of the sum of $6,000,000 in cash, plus interest, should be approved by the Court as fair, reasonable, and adequate; (2) whether the proposed plan to distribute the settlement proceeds (the "Plan of Allocation") is fair, reasonable and adequate; (3) whether the application for an award of attorneys' fees and reimbursement of expenses should be approved; (4) whether the application for incentive awards for the Settlement Class Representatives should be approved; and (5) whether the Litigation should be dismissed with prejudice. If you purchased shares of Nature's Sunshine Products, Inc. common stock during the during the period from April 23, 2002 through and including April 5, 2006 ("Settlement Class Period"), your rights may be affected by the Settlement of this action. If you have not received a detailed Notice of Pendency and Proposed Settlement of Class Action and a copy of the Proof of Claim and Release, you may obtain copies by writing to In re Nature's Sunshine Products Securities Litigation, Claims Administrator, c/o Strategic Claims Services, P.O. Box 230, 600 N. Jackson Street, Suite 3, Media, PA 19063, or going to the website, www.rosenlegal.com. If you are a member of the Settlement Class, in order to share in the distribution of the Net Settlement Fund, you must submit a Proof of Claim and Release no later than January 19, 2010, establishing that you are entitled to recovery. |
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