INGATE

From The Sip Trunking Experts

TMCNet:  The Law Firm of Berman DeValerio announce a Summary Notice of Pendency of Class Action and Proposed Settlement to All Persons or Entities Who Purchased or Otherwise Acquired the Securities of Par Pharmaceutical Companies, Inc.

[February 25, 2013]

The Law Firm of Berman DeValerio announce a Summary Notice of Pendency of Class Action and Proposed Settlement to All Persons or Entities Who Purchased or Otherwise Acquired the Securities of Par Pharmaceutical Companies, Inc.

BOSTON --(Business Wire)--

The following was released today by Berman DeValerio.

UNITED STATES DISTRICT COURT
DISTRICT OF NEW JERSEY




             
In re PAR PHARMACEUTICAL
SECURITIES LITIGATION Master File No. 2:06-03226 (ES) (SCM)
 
This Document Relates To:
ALL ACTIONS
 

SUMMARY NOTICE OF PENDENCY OF CLASS ACTION AND PROPOSED SETTLEMENT, SETTLEMENT FAIRNESS
HEARING, AND MOTION FOR ATTORNEYS' FEES AND REIMBURSEMENT OF LITIGATION EXPENSES

TO: ALL PERSONS AND ENTITIES WHO PURCHASED OR OTHERWISE ACQUIRED THE SECURITIES OF PAR PHARMACEUTICAL COMPANIES, INC. ("PAR") DURING THE PERIOD FROM JULY 23, 2001, THROUGH AND INCLUDING JULY 5, 2006, AND WERE THEREBY DAMAGED.

PLEASE READ THIS NOTICE CAREFULLY, YOUR RIGHTS MAY BE AFFECTED BY A CLASS ACTION LAWSUIT PENDING IN THIS COURT.

YOU ARE HEREBY NOTIFIED, pursuant to Rule 23 of the Federal Rules of Civil Procedure and an Order of the United States District Court for the District of New Jersey.

  • the pendency of this action (the "Action") as a class action on behalf of the persons and entities described above (the "Class"), except for certain persons and entities who are excluded from the Class by definition; and of
  • a proposed all-cash settlement of the Action in the total amount of $8.1 million on behalf of all Class Members that will fully and finally settle all claims against and release all Defendants.

A hearing will be held before the Honorable Esther Salas, at the United States District Court for the District of New Jersey, 50 Walnut Street, Newark, New Jersey 07101 at 10:30 a.m. on July 2, 2013 (i) to determine whether the proposed Settlement should be approved by the Court as fair, reasonable, and adequate; (ii) to determine whether the Settled Claims against the Defendants and other Released Parties should be dismissed with prejudice; (iii) to determine whether the proposed Plan of Allocation should be approved by the Court as fair and reasonable; and (iv) to consider the application of Plaintiff's Lead Counsel for attorneys' fees and reimbursement of Litigation Expenses and the application of Lead Plaintiff for a Compensatory Award.

IF YOU ARE A MEMBER OF THE CLASS DESCRIBED ABOVE, YOUR RIGHTS WILL BE AFFECTED BY THE PENDING ACTION AND THE SETTLEMENT, AND YOU MAY BE ENTITLED TO SHARE IN THE SETTLEMENT FUND. If you have not yet received the full printed Notice of Pendency of Class Action and Proposed Settlement, Settlement Fairness Hearing, and Motion for Attorneys' Fees and Reimbursement of Litigation Expenses (the "Notice"), with the attached Proof of Claim Form, you may obtain a copy of these documents by contacting the Claims Administrator: Par Pharmaceutical Securities Litigation, Claims Administrator, c/o A.B. Data, Ltd., PO Box (News - Alert) 170500, Milwaukee, WI 53217-8091, or by telephone at 1-866-217-4459. Copies of the Notice and Proof of Claim Form can also be downloaded from the case-specific website, www.ParSecuritiesLitigation.com, or from Plaintiff's Lead Counsel's website www.BermanDeValerio.com.

If you are a Class Member and do not exclude yourself from the Class, you will be bound by any judgment entered in the Action. To exclude yourself from the Class, you must submit a Request for Exclusion such that it is postmarked no later than April 1, 2013, in accordance with the instructions set forth in the Notice. Any objections to any of the proposed Settlement, the proposed Plan of Allocation, the request for attorneys' fees and reimbursement of Litigation Expenses, or Lead Plaintiff's request for a Compensatory Award, must be filed with the Court and delivered to Plaintiff's Lead Counsel and counsel for the Defendants such that they are postmarked no later than April 1, 2013, in accordance with the instructions set forth in the Notice.

PLEASE DO NOT CONTACT THE COURT OR THE CLERK'S OFFICE REGARDING THIS NOTICE. Inquiries, other than requests for the Notice, may be made to Lead Counsel:

Justin N. Saif, Esq.
BERMAN DEVALERIO
One Liberty Square
Boston, MA 02109
1-800-516-9926
www.BermanDeValerio.com

DATED: JANUARY 28, 2013             By Order of the Court


[ Back To SIP Trunking Home's Homepage ]

Loading
Subscribe here for your FREE
SIP TRUNKING enewslettter.

Featured Partner

Featured Whitepapers

SIP Security for the Enterprise
Voice over IP (VoIP) is incorporated into a variety of computer networks, both public and private, and used for everyday transactions and communications among carriers, businesses, government agencies...

Voice-Optimized Network Delivers Premier Call Experience
Customers equate call quality with business quality. Real-time communication, interpersonal interaction, and the cordial tone of a call center representative can create a positive impression of your business that no email can match.

Featured Datasheets

Ingate SIParator E-SBCs
Adopting SIP is a simple process with the Ingate SIParator, the secure enterprise session border controller (E-SBC). The SIParator makes secure SIP communications - including VoIP,SIP trunking and more - possible while working seamlessly with your existing network firewall.

Ingate Firewalls
Everyone is talking about enterprise usage of VoIP, instant messaging and other types of realtime communications including presence and conferencing.

SIP Trunk Solutions for Service Providers
The award-winning Ingate Firewall and Ingate SIParator deliver a high quality, reliable SIP trunk connection between the customer's IP-PBX and the service provider network, and solve interoperability issues to simplify deployments and support for remote diagnosis of reported issues.

Featured Case Studies

Case Study - Haiti
With this solution our doctors were able to reach anywhere in the world quickly and easily, to get consults from colleagues, facilitate treatment, order supplies 'on the fly' and also help victims report back to families. The solution from Business Mobility Systems and Ingate worked immediately.

Case Study - Turkish Petroleum
"With one Ingate at the customer headquarters, all of their remote workers can enjoy the benefits of Turkish Petroleum's IP-PBX from anywhere in the world.

Case Study - GCM
"The Ingate solution overcomes the NAT traversal hurdle and makes it possible to connect customers to our VoIP service, without the need of costly leased lines or support intensive VPN tunnels.

Case Study - Kool Smiles
"Ingate's solutions provide the advanced level of security necessary for this medical environment and the tools to make the interface to the service provider hassle-free."

Case Study - NMSAS
"This solution really saved the day for us," said Paul Mercier, IT Administrator, NMSAS. "We needed to leverage SIP trunks to reduce costs, and they had to work with our existing Microsoft OCS investment."

Discover Leisure Connects Remote Users to its IP-PBX
Discover Leisure is one of the largest resellers of caravans and motor homes in the UK. With 15 branch of?

Featured eBOOKS

Internet+: The Way Toward Global Unified Communication
Connecting the telephony of the enterprise PBX or Unified Communications (UC) system using SIP trunks instead of conventional telephone lines has been very successful in recent years.

What is SIP Trunking? Edition 2
SIP trunking is becoming more of a focus for service providers. One key issue many service providers face when deploying SIP trunks is NAT, or Network Address Translation, traversal.

What is SIP Trunking? Edition 1
A vast resource for information about all things SIP - including SIP, security, VoIP, SIP trunking and Unified Communications.

Featured Videos

E-SBCs AS The Demarcation Point:
Ingate's Steve Johnson talks to Erik Linask about the role session border controller plays as the demarcation point at...

Demystifying DPI
How can deep packet inspection protect your SIP traffic as well as your entire network?

Featured Resources

What's New

Presenting the New Ingate/Intertex Website:
Internet+ is an extended Internet access allowing high quality SIP (Session Initiation Protocol) based real-time person-to-person communication, everywhere and for any application. It applies to both fixed and mobile networks ...

Featured Blogs

Featured Webinars

Secure SIP Trunking:
What You Need to Know

Successfully Deploying Enterprise SIP Trunking:
Tools and Techniques for Overcoming Common Roadblocks

Featured Podcasts

Getting the Most Out of Your SIP Trunks:
Ingate's Steve Johnson and TMC's Erik Linask discuss how best practices forgetting the most out of SIP Trunking services and common pitfalls to avoid.