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Meeting Notification for US Auto Parts Class Action Settlement

This is a settlement for the ERISA / Employee Stock Options lawsuit.

A Notification entitled "Meeting Notification for US Auto Parts Class Action Settlement" was posted on this site on July 7, 2008. The notification (of a hearing, not a meeting) correctly stated: "A hearing will be held regarding US Auto Parts Common Stock and a $10 million class action settlement, on September 29, 2008, at 8:30 a.m., before the Honorable George H. Wu at the United States Courthouse, 312 N. Spring Street, Courtroom 10, Los Angeles, CA." The notification further stated that purchasers of publicly-traded common stock of US Auto Ports Network Inc. (NASDAQ: PRTS) between February 9, 2007 and March 20, 2007 "should attend, as the decisions resulting from this hearing could affect your rights regarding the settlement." To clarify, purchasers of publicly-traded common stock of US Auto during this period are not required to attend this hearing, but may choose to attend if they wish. The full text of the Court-approved notice of class settlement, providing full details and contact information can be found at [EARTHLINK: US AUTO PARTS CLASS ACTION]

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Published on Jul-9-08


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