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Addus Homecare Corporation Class Action Settlement


This is a settlement for the Securities/Stock Fraud lawsuit.

Los Angeles, CA: Pursuant to an Order of the United States District Court for the Northern District of Illinois, Eastern Division, a hearing will be held on July 21, 2011, for the purpose of determining (1) whether the proposed Settlement of the claims in the Litigation for the sum of $3.0 million in cash should be approved by the Court as fair, reasonable and adequate to Members of the Settlement Class; (2) whether to certify the Settlement Class; (3) whether, thereafter, this Litigation should be dismissed with prejudice pursuant to the terms and conditions set forth in the Stipulation of Settlement dated March 21, 2011; (4) whether the proposed plan to distribute the settlement proceeds (the "Plan of Allocation") is fair, reasonable and adequate and therefore should be approved; and (5) whether the application of Plaintiffs' Lead Counsel for the payment of attorneys' fees and expenses incurred in connection with this Litigation should be approved.

If you purchased or acquired Addus HomeCare Corporation common stock between October 27, 2009 and March 18, 2010, inclusive, your rights may be affected by this Settlement. If you have not received a detailed Notice of Proposed Settlement of Class Action, Motion for Attorneys' Fees and Settlement Hearing (the "Notice") and a copy of the Proof of Claim and Release form, you may obtain copies by writing to Addus HomeCare Corporation Securities Litigation, Claims Administrator, c/o The Garden City Group, Inc., PO Box 9349, Dublin, OH 43017-4249, or you can download a copy at www.gcginc.com.

If you are a Settlement Class Member, in order to share in the distribution of the Net Settlement Fund, you must submit a Proof of Claim and Release form postmarked no later than August 17, 2011, establishing that you are entitled to recovery.

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Published on May-3-11


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