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WELCOME TO THE SMART TECHNOLOGIES SHAREHOLDER LITIGATION WEBSITE

The SMART Technologies Shareholder Litigation relates to the following class actions: 

• In re SMART Technologies, Inc. Shareholder Litigation, No. 11-CV-7673-(KBF) (the “U.S. Action”) pending in the United States District Court for the Southern District of New York (the “U.S. Court”); and

• Tucci v. SMART Technologies Inc., et al., Court File No. CV-12-447546-00CP (the “Canadian Action”) pending in the Ontario Superior Court of Justice (the “Canadian Court”).

Lead Plaintiff in the U.S. Action, the City of Miami General Employees’ and Sanitation Employees’ Retirement Trust, on behalf of itself and the U.S. Class (as defined in ¶ 30 of the Notice), and representative plaintiff in the Canadian Action, Frank Tucci, on behalf of himself and the Canadian Class (as defined in ¶ 30 of the Notice), have reached a proposed global settlement (the “Settlement”) of the U.S. Action and the Canadian Action (collectively, the “Actions”) for $15,250,000 in U.S. dollars in cash that, if approved by both the U.S. Court and the Canadian Court (collectively, the “Courts”) and subject to other conditions of the Settlement being satisfied, i.e., the Effective Date (as defined in ¶ 67 of the Notice) occurs, will resolve all claims asserted in the respective Actions.

Please be advised that your rights will be affected and that you may be eligible for a payment from the Settlement if you are a member of one or both of the Classes. The full definitions of the Classes are set forth in ¶ 30 of the Notice.

Please be sure to review the Notice to fully understand your rights. Copies of the Notice and Claim Form can be obtained from the menu on the left side of this page.

Each Court will hold a hearing to determine: (i) whether the proposed Settlement should be approved; (ii) whether the Action before it should be dismissed with prejudice; (iii) whether the proposed Plan of Allocation should be approved; and (iv) whether the applicable application for an award of attorneys’ fees and reimbursement of expenses should be approved.  The hearing in the U.S. Action will be held on September 17, 2013 at 1:00 p.m. in Courtroom 15A of the United States District Court for the Southern District of New York, Daniel Patrick Moynihan United States Courthouse, 500 Pearl Street, New York, NY 10007-1312, and the hearing in the Canadian Action will be held on September 13, 2013 at 10:00 a.m. at Osgoode Hall, 130 Queen Street West, Toronto, Ontario, M5H 2N5.

IMPORTANT DATES & DEADLINES

Submit a Proof of Claim and Release Form:

Must be postmarked no later than October 4, 2013

Request Exclusion from the Class(es):

Must be received no later than July 22, 2013

Object to the Settlement, Plan of Allocation or applications for attorneys' fees and reimbursement of Litigation Expenses:

Must be received no later than July 22, 2013

Canadian Settlement Fairness Hearing:
U.S. Settlement Fairness Hearing:

September 13, 2013 at 10:00 AM
September 17, 2013 at 1:00 PM

 

Disclaimer

IMPORTANT: THIS SITE IS NOT OPERATED BY SMART TECHNOLOGIES, INC.  THE SETTLEMENT IS SUPERVISED BY LEAD COUNSEL.  THE CLAIMS ADMINISTRATOR HANDLES ALL ASPECTS OF CLAIM PROCESSING.  THIS IS THE AUTHORIZED WEBSITE FOR THIS SETTLEMENT.  PLEASE DO NOT RELY UPON OTHER SITES THAT SET OUT DIFFERENT AND UNAUTHORIZED INFORMATION.

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