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To All Persons Who Purchased Or Otherwise Acquired The Publicly Traded Common Stock Or Certain Categories Of Debt Securities Of Sprint Nextel Corporation From October 26, 2006, Through February 27, 2008, InclusiveThe following statement is being issued by Robbins Geller Rudman & Dowd LLP and Motley Rice LLC regarding the Bennett vs. Sprint Nextel (News - Alert) Corporation case, Civil Action No. 2:09-cv-02122-EFM-KMH.
UNITED STATES DISTRICT COURT CORA E. BENNETT, Individually and On Behalf of All Others Similarly Situated, Plaintiff, vs. SPRINT NEXTEL CORPORATION, et al., Defendants, Civil Action No. 2:09-cv-02122-EFM-KMH SUMMARY NOTICE TO: ALL PERSONS WHO PURCHASED OR OTHERWISE ACQUIRED THE PUBLICLY TRADED COMMON STOCK OR CERTAIN CATEGORIES OF DEBT SECURITIES OF SPRINT NEXTEL CORPORATION ("SPRINT") FROM OCTOBER 26, 2006, THROUGH FEBRUARY 27, 2008, INCLUSIVE YOU ARE HEREBY NOTIFIED, pursuant to an Order of the United States District Court, District of Kansas at Kansas City, that a hearing will be held on August 5, 2015, at 2:00 p.m., before the Honorable Eric F. Melgren, at the United States District Court, District of Kansas at Wichita, U.S. Courthouse, 401 N. Market Street, Room 408, Wichita, KS 67202, for the purpose of determining: (1) whether the proposed settlement of the claims in the Litigation for the principal amount of $131,000,000.00, plus interest, should be approved by the Court as fair, just, reasonable, and adequate; (2) whether a Final Judgment and Order of Dismissal with Prejudice should be enteed by the Court dismissing the Litigation with prejudice; (3) whether the Plan of Allocation is fair, reasonable, and adequate and should be approved; and (4) whether the application of Lead Counsel for the payment of attorneys' fees and expenses and Lead Plaintiffs' expenses in connection with this Litigation should be approved. IF YOU PURCHASED OR ACQUIRED SHARES OF THE PUBLICLY TRADED COMMON STOCK OR CERTAIN CATEGORIES OF DEBT SECURITIES OF SPRINT DURING THE PERIOD OCTOBER 26, 2006, THROUGH AND INCLUDING FEBRUARY 27, 2008, YOUR RIGHTS MAY BE AFFECTED BY THE SETTLEMENT OF THIS LITIGATION. If you have not received a detailed Notice of Proposed Settlement of Class Action ("Notice") and a copy of the Proof of Claim and Release form, you may obtain copies by writing to Bennett v. Sprint Nextel Corp., c/o GCG, P.O. Box (News - Alert) 10069, Dublin, OH 43017-6669, or on the internet at www.sprintsecuritieslitigation.com. If you are a Class Member, in order to share in the distribution of the Net Settlement Fund, you must submit a Proof of Claim and Release postmarked no later than July 20, 2015, establishing that you are entitled to recovery. Any objection to the settlement, the Plan of Allocation of settlement proceeds, or the fee and expenses application must be received, not simply postmarked, by each of the following recipients no later than May 25, 2015:
CLERK OF THE COURT Lead Counsel for Plaintiffs:
ROBBINS GELLER RUDMAN & DOWD LLP
MOTLEY RICE LLC Counsel for Defendants:
SKADDEN, ARPS, SLATE, MEAGHER & FLOM LLP PLEASE DO NOT CONTACT THE COURT OR THE CLERK'S OFFICE REGARDING THIS NOTICE. If you have any questions about the settlement, you may contact Lead Counsel at the address as listed above. DATED: April 20, 2015
BY ORDER OF THE COURT
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