U.S. District Court for the Central District of California, Class Action involving all actions in regard to POSITIVE RESPONSE TELEVISION SECURITIES LITIGATION.NEW YORK--(BUSINESS WIRE)--Nov. 5, 1997-- Case No. 95-2892 MRP (Material Requirements Planning) An information system that determines what assemblies must be built and what materials must be procured in order to build a unit of equipment by a certain date. (GHKx) ALL PERSONS OR ENTITIES WHO PURCHASED OR OTHERWISE ACQUIRED THE COMMON STOCK OF POSITIVE RESPONSE TELEVISION, INC. DURING THE PERIOD FROM NOVEMBER 7, 1994 THROUGH AND INCLUDING APRIL April: see month. 28, 1995 ARE HEREBY NOTIFIED, pursuant to an Order of the 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. for the Central District of California, dated October 22, 1997, that a hearing will be held on January 12, 1998 at 10:00 a.m., before the Honorable Mariana R. Pfaelzer, United States District Judge, United States Courthouse, 312 N. Spring Street, Los Angeles, CA 90012 to consider (1) whether the proposed settlement of the above-captioned 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. in the amount of five hundred fifty thousand dollars, plus interest, should be approved by the Court as fair, reasonable and adequate; (2) whether this Litigation should be dismissed on the merits on the merits adj. referring to a judgment, decision or ruling of a court based upon the facts presented in evidence and the law applied to that evidence. A judge decides a case "on the merits" when he/she bases the decision on the fundamental issues and considers with prejudice as set forth in the Stipulation of Settlement dated as of July 15, 1997, on file with the Court; (3) whether the proposed Plan of Allocation of Settlement proceeds should be approved; and (4) the reasonableness of the application of Plaintiffs' Counsel for the payment of attorneys' fees and reimbursement of costs and expenses incurred in connection with this Litigation together with interest thereon. Those persons who purchased the common stock of Positive Response Television, Inc. during the Class Period from November 7, 1994 through and including April 28, 1995 will be deemed to be members of the Settlement Class unless they expressly request to be excluded from that Class. This request to the Court for exclusion from the Class must be made NO LATER THAN December 15, 1997. Instructions on how to request exclusion from the Class are set forth in the detailed Notice of Pendency Pend´en`cy n. 1. The quality or state of being pendent or suspended. 2. The quality or state of being undecided, or in continuance; suspense; as, the pendency of a suit s>. and Settlement of Class Action. Persons submitting a valid and timely request for exclusion will not be entitled to share in the proceeds of this Settlement and will not be bound by the Settlement or the Judgment. Anyone who wants to receive a detailed Notice of Pendency and Settlement of Class Action and a copy of the Proof of Claim and Release may obtain copies by contacting PRTV PRTV Peterlee Relational Test Vehicle PRTV Production Representative Test Vehicles Securities Litigation, c/o David Berdon & Co. LLP, P.O. 1759, Grand Central Station, New York, NY 10163. CONTACT: David Berdon & Co., LLP Marlene Hurwitz, 212/832-0400 |
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