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Robbins Geller Rudman & Dowd LLP Announces Pendency and Proposed Settlement of Class and Derivative Action



  Robbins Geller Rudman & Dowd LLP Announces Pendency and Proposed Settlement
  of Class and Derivative Action

Business Wire

SAN DIEGO -- December 05, 2012

The following is being issued by Robbins Geller Rudman & Dowd LLP pursuant to
an order of the Chancery Court for the State of Tennessee, Twentieth Judicial
District, at Nashville:

                                                )

INDIANA STATE DISTRICT COUNCIL OF               )
LABORERS AND HOD CARRIERS PENSION FUND,
                                                )
On Behalf of Itself and
All Others Similarly Situated and Derivatively  )

on Behalf of RENAL CARE GROUP, INC.,            )   Case No. 05-1392-II

          Plaintiff,                            )    

     vs.                                        )   CLASS ACTION

GARY BRUKARDT, et al.,                          )    

          Defendants,                           )   Chancellor Bonnyman

     – and –                                    )

RENAL CARE GROUP, INC., a Delaware corporation, )

          Nominal Party.                        )

                                                )

          ALL PERSONS AND ENTITIES WHO HELD THE COMMON STOCK OF RENAL CARE
          GROUP, INC. (“RENAL CARE”) AT ANY TIME FROM AND INCLUDING MAY 4,
TO:       2005 (THE DATE THAT THE ACQUISITION OF RENAL CARE BY FRESENIUS
          MEDICAL CARE AG FOR $48 PER SHARE (THE “ACQUISITION”) WAS PUBLICLY
          ANNOUNCED) THROUGH AND INCLUDING MARCH 31, 2006 (THE CLOSING DATE OF
          THE ACQUISITION).
           
          PLEASE READ THIS NOTICE CAREFULLY. YOUR RIGHTS WILL BE AFFECTED BY A
          CLASS AND DERIVATIVE ACTION LAWSUIT PENDING IN THIS COURT.

YOU ARE HEREBY NOTIFIED, pursuant to Rule 23 of the Tennessee Rules of Civil
Procedure and an Order of the Chancery Court for the State of Tennessee,
Twentieth Judicial District, at Nashville (the “Court”): (i) of the pendency
of this action (the “Action”) as a class and derivative 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 (ii)
that a Settlement for $4 million in cash has been proposed.

A hearing will be held before the Honorable Claudia Bonnyman, at the Davidson
County Courthouse, 1 Public Square, Nashville, TN 37201, at 1:30 p.m. CST, on
January 18, 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 Defendants and other Released Persons
should be dismissed with prejudice; (iii) to determine whether the proposed
Plan of Allocation should be approved as fair and reasonable; and (iv) to
consider the application of Plaintiff’s Lead Counsel for attorneys’ fees and
expenses.

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 and Proposed Settlement of Class and Derivative Action (the “Notice”)
and Proof of Claim and Release form (the “Claim Form”), you may obtain copies
of these documents by contacting the Claims Administrator:

                      Renal Care Shareholder Litigation
                             Claims Administrator
                            c/o Gilardi & Co. LLC
                                 P.O. Box 990
                         Corte Madera, CA 94976-0990

Copies of the Notice and Claim Form may also be downloaded from the Claims
Administrator’s website at www.gilardi.com.

If you are a Class Member, in order to be eligible to share in the
distribution of the Net Settlement Fund, you must submit a Claim Form no later
than March 4, 2013. 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 whether or
not you make a Claim. To exclude yourself from the Class, you must submit a
written request for exclusion that is received by the Claims Administrator no
later than January 4, 2013, in accordance with the instructions set forth in
the Notice. Any objections to the proposed Settlement, Plan of Allocation
and/or application for attorneys’ fees and expenses must be filed with the
Court and delivered to Plaintiff’s Lead Counsel and Defendants’ Counsel no
later than January 4, 2013 in accordance with the instructions set forth in
the Notice. If you are a Class Member and do not submit a proper Claim Form,
you will not share in the Settlement Fund but you will nevertheless be bound
by the Judgment of the Court.

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

                                 Rick Atwood
                       ROBBINS GELLER RUDMAN & DOWD LLP
                        655 West Broadway, Suite 1900
                             San Diego, CA 92101
                                (800) 449-4900

Further information may be obtained by contacting the Claims Administrator.

Dated: November 16, 2012

By Order of the Court

Contact:

Robbins Geller Rudman & Dowd LLP
Rick Atwood, 800-449-4900
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