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UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF TEXAS - DALLAS DIVISION
GARY ZAGAMI, BRIAN KELLY, AND RICK PATMORE, on behalf of themselves and all others similarly situated,
Plaintiffs,
v.
NATURAL HEALTH TRENDS CORP., MARK D WOODBURN, TERRY L. LaCORE and RANDALL A. MASON,
Defendants.
Civil Action No.: 3-06-CV-1654D
SUMMARY NOTICE OF PROPOSED CLASS ACTION SETTLEMENT AND HEARING THEREON
TO: ALL PERSONS WHO PURCHASED THE PUBLICLY TRADED COMMON STOCK OF NATURAL HEALTH TRENDS CORPORATION DURING THE PERIOD FROM APRIL 16, 2002 THROUGH NOVEMBER 15, 2005, INCLUSIVE.
YOU ARE HEREBY NOTIFIED, pursuant to an Order of the United States District Court for the Northern District of Texas, that a hearing will be held on July 17, 2009 at 11:00 a.m. in courtroom 1525 before the Honorable Sidney A. Fitzwater, Chief Judge of the Northern District of Texas, 1100 Commerce Street, Dallas, TX 75242 (the "Settlement Hearing") for the purpose of determining: (1) whether the proposed Settlement consisting of the sum of $2,750,000 in cash, plus interest, should be approved by the Court as fair, reasonable, and adequate; (2) whether the proposed plan to distribute the settlement proceeds (the "Plan of Allocation") is fair, reasonable and adequate; (3) whether the application for an award of attorneys' fees and reimbursement of expenses should be approved; and (4) whether the Litigation should be dismissed with prejudice.
If you purchased shares of NHTC securities during the specified Class Period, your rights may be affected by the Settlement of this action. If you have not received a detailed Notice of Pendency and Proposed Settlement of Class Action and a copy of the Proof of Claim and Release, you may obtain copies by writing to NHTC Securities Litigation Settlement, c/o Strategic Claims Services, Claims Administrator, P.O. Box 230, Media, PA 19063, or going to the website, www.rosenlegal.com. If you are a member of the Class, in order to share in the distribution of the Net Settlement Fund, you must submit a Proof of Claim and Release no later than June 26, 2009, establishing that you are entitled to recovery. You will be bound by any judgment rendered in the Litigation whether or not you make a claim.
Any objection to the Settlement, Plan of Allocation, or the Request for Award of Attorneys' Fees and Reimbursement of Expenses must be mailed or delivered such that it is received by each of the following no later than June 26, 2009:
Clerk of the Court
U.S. District Court
Northern District of Texas
1100 Commerce St., Room 1452
Dallas, TX 75242-1310
Laurence M. Rosen
Phillip Kim
THE ROSEN LAW FIRM, P.A.
350 Fifth Avenue, Suite 5508
New York, NY 10118
Tel: (212) 686-1060
Fax: (212) 202-3827
Lead Plaintiffs' Counsel in the Litigation
Paul R. Bessette
GREENBERG TRAURIG, LLP
600 Congress Avenue, Suite 300
Austin, Texas 78701
Tel: (512) 320-7200
Fax: (512) 320-7210
Counsel for Defendants Natural Health Trends Corporation
and Randall A. Mason
If you have any questions about the Settlement, you may call or write to
Plaintiffs' Lead Counsel:
Laurence M. Rosen
Phillip Kim
THE ROSEN LAW FIRM, P.A.
350 Fifth Avenue, Suite 5508
New York, NY 10118
(212) 686-1060
PLEASE DO NOT CONTACT THE COURT OR THE CLERK'S OFFICE REGARDING THIS
NOTICE.
DATED: April 6, 2009 BY ORDER OF THE UNITED STATES
DISTRICT COURT FOR THE
NORTHERN DISTRICT OF TEXAS
SOURCE The Rosen Law Firm, P.A.
http://www.rosenlegal.com
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