Isramco Stockholder Litigation

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Isramco Stockholder Litigation
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The information contained on this website is only a summary of the information presented in more detail in the Notice of Pendency and Proposed Settlement of Class Action (the “Notice”), which you can access by clicking here. Since this website is just a summary, you should review the Notice for additional information.

IF YOU ARE A RECORD HOLDER OR BENEFICIAL OWNER OF ISRAMCO, INC. (“ISRAMCO” OR THE “COMPANY”) COMMON STOCK WHO OWNED SUCH STOCK (OR ANY INTEREST THEREIN) AT ANY TIME DURING THE TIME PERIOD FROM MAY 20, 2019 TO AND INCLUDING OCTOBER 25, 2019 (THE “CLASS”), YOU MAY BE A CLASS MEMBER.

If you are a Class Member, your legal rights will be affected by this Settlement whether you act or do not act.

Please read the Notice carefully.

YOUR LEGAL RIGHTS AND OPTIONS IN THE SETTLEMENT:


RECEIVE A PAYMENT FROM
THE SETTLEMENT.

CLASS MEMBERS DO NOT NEED TO SUBMIT A CLAIM FORM.

If you are a member of the Class (defined in paragraph 27 of the Notice), you may be eligible to receive a pro rata distribution from the Settlement proceeds. Eligible Class Members do not need to submit a claim form in order to receive a distribution from the Settlement, if approved by the Court. Your distribution from the Settlement will be paid to you directly unless you are a DTC participant. Please see paragraphs 40-45 in the Notice for further details.



OBJECT TO THE SETTLEMENT OR ATTEND THE SETTLEMENT HEARING

Class Members have the right to object to the proposed Settlement and the application by Plaintiff’s Counsel for an award of fees and expenses. Class Members have the right to appear and be heard at the Settlement Hearing, which will be held before The Honorable Sam Glasscock III on September 6, 2023 at 10:00 a.m., in the Court of Chancery, 34 The Circle, Georgetown, Delaware 19947, or by telephonic conference or videoconference (in the discretion of the Court). Additional information is available in the Notice.


For a more detailed statement of the matters involved in the Action, you may inspect the pleadings, the Stipulation of Settlement, the Orders entered by the Court, and other papers filed in the Action at the Office of the Register in Chancery in the Court of Chancery of the State of Delaware, Leonard L. Williams Justice Center, 500 North King Street, Wilmington, Delaware 19801, during regular business hours of each business day. You may further examine select pleadings and documents related to the Action and the Settlement on the Court Documents page on this website. If you have questions regarding the Settlement, you may write or call Plaintiff’s Counsel: Jason W. Rigby, Prickett, Jones & Elliott, P.A., 1310 North King Street, Wilmington, DE 19801, (302) 888-6500; or J. Daniel Albert, Kessler Topaz Meltzer & Check, LLP, 280 King of Prussia Road, Radnor, PA 19087, (610) 667-7706.

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