Civil Action No. 13-cv-1620-JPO
Welcome to the settlement website for the
In re ITT Educational Services, Inc. Securities Litigation (the “Action”).
The purpose of this website is to inform you of the pendency of this class action and the proposed Settlement of the Action (the “Settlement”) and of the hearing to be held by the Court to consider the fairness, reasonableness, and adequacy of the Settlement as well as counsel’s application for fees, costs, and expenses. The Notice describes the rights you may have in connection with your participation in the Settlement, what steps you may take in relation to the Settlement and this class action, and, alternatively, what steps you must take if you wish to be excluded from the Settlement and this Action.
The Settlement resolves claims by members of the Class, i.e., persons and entities who purchased or otherwise acquired ITT Educational Services, Inc. common stock (ticker symbol: ESI) between April 24, 2008 and February 25, 2013, both dates inclusive, and suffered alleged damages as a result.
If you are a member of the Class, your legal rights are affected whether you act or do not act.
The Court will hold a Final Approval Hearing scheduled on March 8, 2016.
|YOUR LEGAL RIGHTS AND OPTIONS IN THIS SETTLEMENT:|
|SUBMIT A CLAIM FORM||The only way to get a payment as part of this Settlement. The deadline to submit a claim is March 22, 2016.|
|EXCLUDE YOURSELF||Get no payment as part of this Settlement. This is the only option that allows you to ever be part of any other lawsuit against ITT Educational Services, Inc. about the legal claims that were at issue in this case. Exclusions must be received on or before February 16, 2016.|
|OBJECT||Write to the Court about why you do not like the Settlement. Objections must be received by the Court and counsel on or before February 16, 2016.|
|GO TO A HEARING||Ask to speak in Court about the fairness of the Settlement at the Final Approval Hearing, to take place on March 8, 2016.|
|DO NOTHING||Get no payment. You give up your right to bring an individual action.|