Deadline for Submission: August 16, 2024
To recover as a member of the Class based on your claims in the class action entitled captioned Speakes v. Taro Pharm. Indus., Ltd., Case No. 16-cv-08318-ALC-OTW (S.D.N.Y.) (the “Action”), you must complete and, on page 8 of the Claim Form, sign the Proof of Claim and Release form (“Claim Form”). If you fail to submit a timely and properly addressed (as explained in paragraph 2 of the Claim Form) Claim Form, your claim may be rejected, and you may not receive any recovery from the Net Settlement Fund created in connection with the proposed Settlement. Submission of the Claim Form, however, does not assure that you will share in the proceeds of the Settlement of the Action.
The Claim Form must be submitted at this website no later than August 16, 2024, or, if mailed, be postmarked no later than August 16, 2024, addressed as follows:
Taro Pharmaceutical Industries Ltd. Securities Litigation
c/o JND Legal Administration
P.O. Box 91388
Seattle, WA 98111
If you are a member of the Class and you do not timely request exclusion in response to the Notice, dated August 2, 2024, you will be bound by and subject to the terms of any judgment entered in the Action, including the releases provided therein, WHETHER OR NOT YOU SUBMIT A CLAIM FORM OR RECEIVE A PAYMENT.
If you purchased Taro common stock on the open market on a United States stock exchange from July 2, 2014 through November 3, 2016, both dates inclusive (the “Class Period”) and held the stock in your name, you are the beneficial owner as well as the record owner. If, however, you purchased Taro common stock during the Class Period through a third party, such as a brokerage firm, you are the beneficial owner and the third party is the record owner.
Use Part II of the form entitled “Claimant Identification” to identify each beneficial owner of Taro common stock that forms the basis of this claim, as well as the owner of record if different. THE CLAIM MUST BE FILED BY THE ACTUAL BENEFICIAL OWNERS OR THE LEGAL REPRESENTATIVE OF SUCH OWNERS.
All joint owners must sign the claim. Executors, administrators, guardians, conservators, legal representatives, and trustees must complete and sign the claim on behalf of persons represented by them and their authority must accompany the claim and their titles or capacities must be stated. The Social Security (or taxpayer identification) number and telephone number of the beneficial owner may be used in verifying the claim. Failure to provide the foregoing information could delay verification of your claim or result in rejection of the claim.
Use Part III of the form entitled “Schedule of Transactions in Taro Common Stock” to supply all required details of your transaction(s) in Taro common stock purchased on the open market on a United States stock exchange during the Class Period, whether the transactions resulted in a profit or a loss. If you need more space or additional schedules, attach separate sheets giving all of the required information in substantially the same form. Sign and print or type your name on each additional sheet. Failure to report all transactions may result in the rejection of your claim.
The date of covering a “short sale” is deemed to be the date of purchase of Taro common stock. The date of a “short sale” is deemed to be the date of sale.
Copies of broker confirmations or other documentation of your transactions must be attached to your claim. Failure to provide this documentation could delay verification of your claim or result in rejection of your claim. THE PARTIES DO NOT HAVE INFORMATION ABOUT YOUR TRANSACTIONS IN TARO COMMON STOCK.
NOTICE REGARDING ELECTRONIC FILES: Certain claimants with large numbers of transactions may request, or may be requested, to submit information regarding their transactions in electronic files, as seen above. All such claimants MUST submit a manually signed paper Claim Form whether or not they also submit electronic copies. If you wish to submit your claim electronically, you must contact the Claims Administrator at (855) 208-4121 or at info@TaroSecuritiesLitigation.com to obtain the required file layout. No electronic files will be considered to have been properly submitted unless the Claims Administrator issues to the claimant a written acknowledgment of receipt and acceptance of electronically submitted data.
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