Entwistle & Cappucci LLP and Bernstein Litowitz Berger & Grossmann LLP Announce Securities Class Action Lawsuit Filed Against

Entwistle & Cappucci LLP and Bernstein Litowitz Berger & Grossmann LLP Announce 
Securities Class Action Lawsuit Filed Against Cooper
Tire & Rubber Company and Certain of Its Senior Executives 
NEW YORK, NY -- (Marketwired) -- 01/17/14 --  Entwistle & Cappucci
LLP ("Entwistle & Cappucci") and Bernstein Litowitz Berger &
Grossmann LLP ("BLB&G") today announced that they have filed a
securities class action lawsuit on behalf of investors in Cooper Tire
& Rubber Company ("Cooper" or the "Company") against Cooper and
certain of its senior executives (collectively, "Defendants") in the
U.S. District Court for the District of Delaware. As set forth in the
Complaint, the class includes: (i) all purchasers of Cooper's
publicly traded stock from June 12, 2013 through November 8, 2013,
inclusive (the "Class Period"), and (ii) all Cooper shareholders who
held shares as of the record date of August 30, 2013 and were
entitled to vote with respect to the proposed merger between Cooper
and Apollo Tyres Ltd. ("Apollo"), and were damaged thereby. A copy of
the Complaint can be found on the websites for counsel for the
plaintiffs at www.entwistle-law.com and www.blbglaw.com.  
The Complaint alleges that Defendants violated the federal securities
laws by issuing a series of materially misleading statements and
omissions in connection with the proposed acquisition of the Company
by Apollo, an Indian-based tire company, announced on June 12, 2013
(the "Merger"). Among other things, Cooper falsely represented the
significant risks associated with the Merger by concealing the fact
that the Company lacked control over its most important subsidiary,
Cooper Chengshan Tire Company, Ltd. ("CCT"). Further, the Complaint
alleges that Defendants concealed the fact that Cooper's joint
venture partner, Chengshan Group, which had a 35% interest in CCT,
opposed the Merger, and had in fact sought to acquire Cooper for
itself. In addition, the Complaint alleges that Cooper misrepresented
Cooper's financial condition, financial prospects, and the
effectiveness of the Company's internal controls. These and similar
misrepresentations and omissions were included in the proxy statement
Cooper issued on August 30, 2013, seeking shareholder approval of the
Merger (the "Proxy Statement"), as well as in other communications
soliciting shareholder approval of the deal.  
Cooper shareholders voted to approve the Merger on September 30,
2013. Beginning on October 4, 2013, a series of disclosures alerted
investors to the fact that the Merger was imperiled. On October 7,
2014, Cooper filed a Form 8-K with the SEC which included a press
release revealing that the Merger was in jeopardy and that Cooper had
filed a lawsuit against Apollo in an attempt to force Apollo to close
the deal. On November 8, 2013, the Delaware Chancery Court denied
Cooper's request for an order requiring Apollo to close on the
Merger, holding that Apollo had not breached the Merger agreement. In
response to these disclosures, Cooper stock fell significantly,
falling from $31.27 per share on October 3, 2013, to close at $23.82
per share on November 8, 2013.  
The Complaint alleges that Defendants violated Section 10(b) of the
Securities Exchange Act of 1934 (the "Exchange Act") and Rule 10b-5
promulgated thereunder for the false and misleading statements and
omissions issued by the Defendants during the Class Period. The
Complaint also alleges that Defendants violated Section 14(a) of the
Exchange Act and Rule 14a-9 promulgated thereunder for the material
misstatements and omissions included in the Proxy Statement, as well
as other communications issued in connection with Cooper's
solicitation of shareholders' approval of the Merger. In addition,
the Complaint alleges that Defendants Chief Executive Officer Roy
Armes and Chief Financial Officer Bradley Hughes violated Section
20(a) of the Exchange Act.  
If you wish to serve as Lead Plaintiff for the Class, you must file a
motion with the Court no later than 60 days from today. Accordingly,
the deadline for filing a motion for appointment as Lead Plaintiff is
March 18, 2014. Any member of the proposed Class may move the Court
to serve as Lead Plaintiff through counsel of their choice, or may
choose to do nothing and remain a member of the proposed Class.  
If you wish to discuss this action or have any questions concerning
this notice or your rights or interests, please contact Vincent R.
Cappucci of Entwistle & Cappucci at (212) 894-7200, or via e-mail at
vcappucci@entwistle-law.com, or Gerald H. Silk of BLB&G at (212)
554-1282, or via e-mail at jerry@blbglaw.com. 
Entwistle & Cappucci has significant experience in both prosecuting
and defending complex business, securities and antitrust actions.
Entwistle & Cappucci's securities clients consist of institutions,
including some of the largest investment management firms, mutual
funds, venture capital firms, broker-dealers, corporate and public
pension funds as well as Taft-Hartley entities. The firm has a
seasoned team of litigation professionals specializing in a wide
range of securities-related litigation, including private, class and
derivative actions primarily involving disclosure issues under the
federal and state securities statutes. More information about
Entwistle & Cappucci can be found online at www.entwistle-law.com. 
Since its founding in 1983, BLB&G has built an international
reputation for excellence and integrity. Specializing in securities
fraud, corporate governance, shareholders' rights, employment
discrimination and civil rights litigation, among other practice
areas, BLB&G prosecutes class and private actions on behalf of
institutional and individual clients worldwide. Unique among its
peers, BLB&G has obtained several of the largest and most significant
securities recoveries in history, recovering billions of dollars on
behalf of defrauded investors. More information about BLB&G can be
found online at www.blbglaw.com. 
Vincent R. Cappucci
Entwistle & Cappucci LLP
280 Park Avenue, 26th Floor West
New York, New York 10017
Telephone: (212) 894-7200 
Gerald H. Silk 
Bernstein Litowitz Berger & Grossmann LLP
1285 Avenue of Americas, 38th Floor
New York, New York 10019
Telephone: (212) 554-1282 
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