09 Jun Home Solutions of America
On April 10, 2009, the United States District Court for the Northern District of Texas preliminarily approved a $5.1 million settlement of claims brought on behalf of investors who purchased the common stock of Home Solutions of America between May 10, 2007 and February 15, 2008. Final approval of the settlement was granted by the Court on June 15, 2009. On May 26, 2010, Plaintiffs filed a motion for distribution of the settlement funds. On June 2, 2010, the Court signed the Order authorizing the distribution of settlement funds.
In order to participate in the distribution of the settlement, Class Members were required to send a Proof of Claim Form to the Claims Administrator’s Office, post-marked no later than September 8, 2009. The Settlement Fund is currently being distributed to class members.
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