Breaking News

Tweet TWEET

Class Action Securities Litigation Against Green Dot Dismissed

  Class Action Securities Litigation Against Green Dot Dismissed

Business Wire

PASADENA, Calif. -- June 26, 2013

Green Dot Corporation (NYSE: GDOT) today announced that on June 19, 2013, the
United States District Court for the Central District of California dismissed
with prejudice the federal securities class action that had been filed against
the company, Steven W. Streit and John L. Keatley in July 2012. On May 2,
2013, the Court granted a motion to dismiss all of the claims asserted in that
action, and the plaintiffs subsequently agreed to voluntarily dismiss the case
with prejudice rather than amend their complaint. No payments were made to the
plaintiffs in connection with the dismissal.

About Green Dot

Green Dot Corporation is a publicly traded bank holding company with a mission
to reinvent personal banking for the masses. Its products and brandsinclude
Green Dot brand reloadable prepaid debit cards, the Green Dot Reload Network,
the Green Dot MoneyPak and GoBank. The Company’s prepaid products and services
are available in more than 60,000 retail stores nationwide and online at
Greendot.com. GoBank is available online at GoBank.com and via the Apple App
Store and Google Play, and additional distribution locations. The company is
headquartered in Pasadena, Calif. with technology offices in Mountain View,
Calif. and Westlake Village, Calif. and its bank subsidiary, Green Dot Bank,
located in Provo, Utah.

Contact:

Investor Relations
Christopher Mammone, 626-765-2427
IR@greendot.com
or
Media Relations
Liz Brady DiTrapano, 646-277-1226