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Gold Bennett Cera & Sidener LLP Announces Notice of Hearing to Determine Approval of Proposed Settlement of Class Action

   Gold Bennett Cera & Sidener LLP Announces Notice of Hearing to Determine
               Approval of Proposed Settlement of Class Action

PR Newswire

SAN FRANCISCO, Feb. 11, 2013

SAN FRANCISCO, Feb. 11, 2013 /PRNewswire/ -- The following statement is being
issued by Gold Bennett Cera & Sidener LLP pursuant to an order of the United
States District Court for the Southern District of New York:

UNITED STATES DISTRICT COURT
SOUTHERN DISTRICT OF NEW YORK
IN RE WONDER AUTO
                                      No. 11-CV-03687-PAE
TECHNOLOGY, INC.
                                      ECF CASE
SECURITIES LITIGATION
This Document Relates To: All Actions

TO: ALL PERSONS OR ENTITIES WHO PURCHASED OR ACQUIRED WONDER AUTO
TECHNOLOGY, INC. ("WATG") PUBLICLY TRADED SECURITIES DURING THE PERIOD FROM
MARCH 30, 2009 THROUGH MAY 6, 2011, INCLUSIVE (THE "SETTLEMENT CLASS PERIOD")

YOU ARE HEREBY NOTIFIED, (1) that the above-captioned action (the "Action")
has been preliminarily certified as a class action for purposes of a proposed
settlement on behalf of the Settlement Class identified above, except for
certain persons and entities who are excluded from the Settlement Class by
definition as set forth in the Stipulation and Agreement of Settlement, and
(2) that aAd Partners LP ("Lead Plaintiff") and defendant Wonder Auto
Technology, Inc. ("WATG") have entered into a proposed settlement (the
"Settlement") for three million dollars U.S. ($3,000,000) in cash. If
approved, the Settlement will resolve all claims in the Action.

A hearing will be held before the Honorable Paul A. Engelmayer in the United
States District Court for the Southern District of New York, at the Daniel
Patrick Moynihan United States Courthouse, 500 Pearl Street, Courtroom 18C,
New York, NY 10007, on May 29, 2013 at 2:30 p.m., for the purpose of
determining (1) whether the proposed Settlement of the claims in the Action
for the sum of three million dollars U.S. ($3,000,000) in cash (the
"Settlement Fund") should be approved by the Court as fair, reasonable, and
adequate; (2) whether a proposed settlement class should be certified for the
purposes of the Settlement; (3) whether, thereafter, the Action should be
dismissed with prejudice as to the Defendants pursuant to the terms and
conditions set forth in the Stipulation and Agreement of Settlement dated
January 9, 2013 ("Stipulation"); (4) whether the proposed plan of allocation
is fair, reasonable, and adequate and therefore should be approved; and (5)
whether Lead Counsel's request for an award of attorneys' fees of 16.66% of
the Settlement Fund and up to one hundred thousand dollars U.S. ($100,000) in
reimbursement of expenses incurred in connection with the Action should be
approved. The Court may change the date of the hearing without providing
additional notice to Class Members.

If you purchased or acquired WATG securities during the period March 30, 2009
through May 6, 2011, inclusive, your rights may be affected by the Settlement
of this Action and you may be entitled to share in the Net Settlement Fund.

If you have not received a detailed Notice of Pendency of Class Action and
Proposed Settlement, Settlement Fairness Hearing, and Motion for Attorneys'
Fees and Reimbursement of Litigation Expenses (the "Notice") or a copy of the
Proof of Claim and Release form, you may obtain copies by contacting: In re
Wonder Auto Technology, Inc, Securities Litigation, c/o Gilardi & Co., LLC,
P.O. Box 5100, San Rafael, CA 94912-5100, or toll-free at 1-877-283-1773.
Copies of the Notice and Claim Form may also be downloaded from:
www.gilardi.com/WonderAuto.

If you are a Settlement Class Member, in order to share in the distribution of
the Net Settlement Fund, you must submit a complete and valid Proof of Claim
and Release Form postmarked no later than April 15, 2013, establishing that
you are entitled to recovery.

IF YOU BELIEVE YOU MIGHT BE A SETTLEMENT CLASS MEMBER, YOU ARE STRONGLY URGED
TO OBTAIN THE NOTICE AND PROOF OF CLAIM AND RELEASE FORM AS THIS IS ONLY A
SUMMARY NOTICE AND THE FULL DETAILS OF THE PROPOSED SETTLEMENT, PLAN OF
ALLOCATION, REQUEST FOR ATTORNEYS' FEES AND REIMBURSEMENT OF EXPENSES, AND
THEIR POTENTIAL IMPACT ON YOU AND YOUR RIGHTS ARE SET FORTH IN THAT NOTICE.

Inquiries, other than requests for copies of the Notice, may also be made to
Lead Counsel:
Gold Bennett Cera & Sidener LLP
Solomon B. Cera, Esq. or Thomas C. Bright, Esq.
595 Market Street, Suite 2300
San Francisco, CA 94105
Telephone: (415) 777-2230
scera@gbcslaw.com or tbright@gbcslaw.com

If you wish to be excluded from the Settlement Class, you must file a request
for exclusion postmarked no later than March 16, 2013, in the manner and form
explained in the detailed Notice referred to above. All Members of the
Settlement Class who do not timely and validly request exclusion from the
Settlement Class will be bound by any judgment entered in the Action pursuant
to the terms and conditions of the Stipulation.

If you wish to object to the proposed settlement, the proposed plan of
allocation and/or Lead Counsel's application for an award of attorneys' fees
and/or reimbursement of litigation expenses, you must file any objection in
the manner and with the content explained in the detailed Notice referred to
above, so that it is received no later than May 8, 2013, by:

The Court:

CLERK OF THE COURT       Lead Counsel for Settlement
                         Class:
UNITED STATES                                        Counsel for Defendants:
                         Solomon B. Cera
DISTRICT COURT                                       Paul T. Friedman
                         Thomas C. Bright
SOUTHERN DISTRICT                                    Anna Erickson White
                         GOLD BENNETT CERA & SIDENER
OF NEW YORK              LLP                         MORRISON & FOERSTER LLP

Daniel Patrick Moynihan  595 Market Street, Suite    425 Market Street
                         2300
United States Courthouse                             San Francisco, California
                         San Francisco, California   94105
500 Pearl Street         94105

New York, New York
10007-1312

PLEASE DO NOT CONTACT THE COURT OR
THE CLERK'S OFFICE REGARDING THIS NOTICE.

SOURCE Gold Bennett Cera & Sidener LLP

Contact: Gold Bennett Cera & Sidener LLP, Solomon B. Cera, +1-415-777-2230
 
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