Robbins Geller Rudman & Dowd LLP Announces Nomura Asset Acceptance Corporation Securities Litigation Business Wire BOSTON -- August 27, 2013 Robbins Geller Rudman & Dowd LLP: UNITED STATES DISTRICT COURT DISTRICT OF MASSACHUSETTS ) ) ) PLUMBERS’ UNION LOCAL NO. 12 PENSION ) No. 08-cv-10446 FUND, Individually and On Behalf of All Others Similarly Situated, ) CLASS ACTION Plaintiff, ) SUMMARY NOTICE OF PENDENCY AND PROPOSED SETTLEMENT OF CLASS vs. ) ACTION AND MOTION FOR ATTORNEYS’ FEES AND EXPENSES NOMURA ASSET ACCEPTANCE CORPORATION, et ) al., EXHIBIT A-3 ) Defendants. ) ) ) ) ALL PERSONS WHO PURCHASED OR OTHERWISE ACQUIRED MORTGAGE PASS-THROUGH CERTIFICATES IN EITHER: 1) THE NOMURA ASSET ACCEPTANCE CORPORATION, TO: ALTERNATIVE LOAN TRUST, SERIES 2006-AP1; AND/OR 2) THE NOMURA ASSET ACCEPTANCE CORPORATION, ALTERNATIVE LOAN TRUST, SERIES 2006-AF1 (THE “CERTIFICATES”) BETWEEN JULY 22, 2005 AND JANUARY 31, 2008, INCLUSIVE (THE “RELEVANT TIME PERIOD”) YOU ARE HEREBY NOTIFIED pursuant to an Order of the United States District Court for the District of Massachusetts, that a hearing will be held on December 19, 2013, at 2:00 p.m., before the Honorable Richard G. Stearns at the John Joseph Moakley U.S. Courthouse, 1 Courthouse Way, Boston, Massachusetts 02210, for the purpose of determining: (1) whether the proposed settlement of the claims in the Litigation for the sum of $21.2 million in cash should be approved by the Court as fair, reasonable and adequate; (2) whether a Class should be certified for purposes of the Settlement only; (3) whether this Litigation should be dismissed with prejudice pursuant to the terms and conditions set forth in the Stipulation and Agreement of Settlement, dated as of July 29, 2013 (“Stipulation”); (4) whether the Plan of Allocation is fair, reasonable and adequate and therefore should be approved; and (5) whether the application of Lead Counsel for the payment of attorneys’ fees and expenses incurred in connection with this Litigation should be approved. If you purchased or otherwise acquired the Nomura Asset Acceptance Corporation, Alternative Loan Trust, Series 2006-AP1 Mortgage Pass-Through Certificates and/or the Nomura Asset Acceptance Corporation, Alternative Loan Trust, Series 2006-AF1 Mortgage Pass-Through Certificates during the period between July 22, 2005 and January 31, 2008, inclusive, your rights may be affected by the settlement of this Litigation. If you have not received a detailed Notice of Pendency and Proposed Settlement of Class Action and Motion for Attorneys’ Fees and Expenses (“Notice”) and a copy of the Proof of Claim and Release form (“Proof of Claim”), you may obtain copies by writing to Nomura Mortgage Pass-Through Certificates Securities Litigation, Claims Administrator, c/o Gilardi & Co. LLC, P.O. Box 8040, San Rafael, CA 94912-8040 or going to www.gilardi.com. If you are a Class Member, in order to share in the distribution of the Net Settlement Fund, you must submit a Proof of Claim postmarked no later than December 26, 2013, establishing that you are entitled to recovery. If you desire to be excluded from the Class, you must submit a request for exclusion postmarked no later than November 29, 2013, in the manner and form explained in the detailed Notice referred to above. All Class Members who do not timely and validly request exclusion from the Class will be bound by any judgment entered in the Litigation pursuant to the terms and conditions of the Stipulation. Any objection to the Settlement must be mailed or delivered such that it is received by each of the following no later than November 29, 2013: Clerk of the Court UNITED STATES DISTRICT COURT DISTRICT OF MASSACHUSETTS 1 Courthouse Way Boston, MA 02210 Counsel for Lead Plaintiffs: Arthur C. Leahy Cody R. LeJeune ROBBINS GELLER RUDMAN & DOWD LLP 655 West Broadway, Suite 1900 San Diego, CA 92101 Counsel for Defendants: Stephen D. Poss GOODWIN PROCTER LLP 53 State Street Boston, MA 02109 William H. Paine WILMER CUTLER PICKERING HALE AND DORR LLP 60 State Street Boston, MA 02109 PLEASE DO NOT CONTACT THE COURT OR THE CLERK’S OFFICE REGARDING THIS NOTICE. If you have any questions about the Settlement, you may contact counsel for the Lead Plaintiffs at the address listed above or go to the following websites: www.gilardi.com and www.rgrdlaw.com. BY ORDER OF THE COURT DATED: August 7, 2013 UNITED STATES DISTRICT COURT DISTRICT OF MASSACHUSETTS Contact: For Robbins Geller Rudman & Dowd LLP Arthur C. Leahy, 619-231-1058
Robbins Geller Rudman & Dowd LLP Announces Nomura Asset Acceptance Corporation Securities Litigation
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