Pomerantz Haudek Block Grossman & Gross LLP and Zwerling, Schacter & Zwerling, LLP Announce Summary Notice of Proposed Settlement of Class Action in Banc One Corporation Litigation.CHICAGO -- Pomerantz Haudek Block Grossman & Gross LLP LLP - Lower Layer Protocol :
TO: All persons or entities who purchased shares of Banc One
Corporation ("Old Banc One") common stock during the period of
August 6, 1998 through October 1, 1998, both dates inclusive,
and received Bank One Corporation ("Bank One") common stock
through the conversion of Old Banc One common stock to Bank One
common stock issued in connection with the merger between Old
Banc One and First Chicago NBD Corporation ("First Chicago")
effective October 2, 1998 (the "Class").
Excluded from the Class are: (a) all Bank One common stock of
former Old Banc One shareholders which were sold prior to August
30, 1999; and (b) the Individual Defendants, officers and
directors of Bank One, members of the Individual Defendants'
immediate families, any entity in which any defendant has a
controlling interest, and the legal representatives, heirs,
successors or assigns of any such excluded person.
YOU ARE HEREBY NOTIFIED that the Class and defendant Bank One in In re Old Banc One Shareholders Litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. , No. 00 C 2100 (N.D. Ill.), have entered into a Stipulation An agreement between attorneys that concerns business before a court and is designed to simplify or shorten litigation and save costs. During the course of a civil lawsuit, criminal proceeding, or any other type of litigation, the opposing attorneys may come to an agreement of Settlement dated September 11, 2007 (the "Settlement") to settle the claims of the Class in this Litigation. All capitalized Capitalized Recorded in asset accounts and then depreciated or amortized, as is appropriate for expenditures for items with useful lives longer than one year. terms in this Summary Notice are defined as referenced in the Stipulation of Settlement. PLEASE BE FURTHER ADVISED that pursuant to an Order of the Court, a hearing will be held on November 30, 2007, at 8:45 a.m., before the Honorable Wayne R. Andersen, United States District Court United States District Court In the U.S., any of the 94 trial courts of general jurisdiction in the federal judicial system. Each state, as well as the District of Columbia and the Commonwealth of Puerto Rico, has at least one federal district court. , Northern District of Illinois, in Courtroom 1403 of the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. Courthouse, 219 South Dearborn Street, Chicago, Illinois 60604 to determine: (1) whether the settlement of the Class's claims against Bank One for twenty-eight million dollars ($28,000,000) should be approved as fair, just, reasonable and adequate; (2) whether the Litigation should be dismissed with prejudice as set forth in the Stipulation of Settlement filed with the Court; (3) whether the proposed Plan of Allocation is fair, just, reasonable, and adequate; (4) whether the application of Class Counsel for an award of attorneys' fees and expenses should be approved; and (5) whether the Lead Plaintiff and Class Representative should be granted an award for services on behalf of the Class as requested by Class Counsel. If you purchased Old Banc One common stock during the period from August 6, 1998 through and including October 1, 1998, your rights may be affected by the Settlement of this Litigation, including through the release and extinguishment The destruction or cancellation of a right, a power, a contract, or an estate. Extinguishment is sometimes confused with merger, though there is a clear distinction between them. of claims you may possess relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc your conversion of Old Banc One common stock to Bank One common stock issued in connection with the merger between Old Banc One and First Chicago. To share in the distribution of the Settlement Fund, you must file a Proof of Claim and Release form on or before January 15, 2008. If you desire to be excluded from the Class, you must file a request for exclusion by November 15, 2007, in the manner and form explained in the detailed Notice referred to below. All members of the Class who have not requested exclusion from the Class will be bound by any judgment entered pursuant to the Settlement. Any objection A formal attestation or declaration of disapproval concerning a specific point of law or procedure during the course of a trial; a statement indicating disagreement with a judge's ruling. to the Settlement, Plan of Allocation, the application for Attorneys' Fees and Expenses to be awarded to Class Counsel, or Class Counsel's request for a grant of an award to the Lead Plaintiff and the Class Representative must be filed no later than November 15, 2007, and show due proof of service on each of the following: [TABLE OMITTED] If you are a member of the Class and have not received a detailed printed Notice of Proposed Settlement of Class Action, Hearing Thereon there·on adv. 1. On or upon this, that, or it. 2. Archaic Following that immediately; thereupon. Adv. 1. thereon - on that; "text and commentary thereon" on it, on that , Right to Appear and Related Matters and Proof of Claim and Release form, you may obtain copies by contacting the Settlement Administrator at: In re Old Banc One Shareholders Securities Litigation, c/o Berdon Claims Administration LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , P.O. Box 9014, Jericho, NY 11753-8914, by telephone: (800) 766-3330, by fax: (516) 931-0810, or by downloading downloading - download these documents at www.berdonllp.com/claims. INQUIRIES SHOULD NOT BE DIRECTED TO THE COURT, THE CLERK'S OFFICE, THE DEFENDANT, OR DEFENDANT'S COUNSEL Dated: October 5, 2007 United States District Court Northern District of Illinois |
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