On November 21, 2014, the Court approved both the $18,000,000 cash settlement of this securities class action (the “Action”), achieved by Lead Plaintiffs, the Arkansas Teacher Retirement System and Fresno County Employees’ Retirement Association, and the Plan of Allocation of the proceeds of the Settlement.

An overview of the litigation, the terms of the Settlement, the Court-approved Plan of Allocation, and the definition of the Settlement Class can be found in the Notice of (I) Pendency of Class Action, Certification of Settlement Class, and Proposed Settlement; (II) Settlement Fairness Hearing; and (III) Motion for an Award of Attorneys’ Fees and Reimbursement of Litigation Expenses (the Notice).

On September 20, 2015, the Court entered an order approving the distribution plan for the Net Settlement Fund to claimants whose claims were approved by the Court (the “Distribution Order”). On October 28, 2015, the distribution of the Net Settlement Fund was made to all Authorized Claimants whose claims were approved by the Court and whose distribution amount met the $10 minimum payment requirement, in accordance with the Distribution Order.