In re AudioEye, Inc. Securities Litigation
Case No. 4:15-cv-00163-DCB

Welcome to the In re AudioEye, Inc. Securities Litigation Settlement Website

 

Your legal rights might be affected if you are a member of the following Settlement Class:

ALL PERSONS WHO PURCHASED OR ACQUIRED ANY COMMON STOCK OF AUDIOEYE, INC. (“AUDIOEYE”) DURING THE PERIOD FROM MAY 14, 2014 THROUGH APRIL 1, 2015, INCLUSIVE (THE “CLASS PERIOD”), YOU COULD RECEIVE A PAYMENT FROM A CLASS ACTION SETTLEMENT.

What is this lawsuit about?

A proposed Settlement has been reached by the Parties in the constituent actions that make up the consolidated class action pending in the United States District Court for the District of Arizona (the “District Court”), which was brought on behalf of the Settlement Class.  The District Court has preliminarily approved the Settlement, the terms of which are set forth in the Stipulation, which is available on the Important Documents page and has preliminarily certified the Settlement Class for purposes of Settlement only. This website is designed to inform you of your rights, how you can Download a Claim Form, and how you can comment in favor of the Settlement or object to the Settlement.  If the Settlement is finally approved by the District Court, the Settlement will be binding upon you, unless you exclude yourself, even if you do not submit a Claim Form to obtain money from the Net Settlement Fund and even if you object to the Settlement.

When and where will the Court decide whether to approve the Settlement?

A hearing by the District Court on notice to the Settlement Class, to consider approval of the Settlement, the Plan of Allocation, and the Fee and Expense Application (the “Settlement Hearing”) will be held before the Honorable David C. Bury, United States District Court Judge, at 1:30 P.M. on May 8, 2017, at the Evo A. DeConcini U.S. Courthouse, 405 West Congress Street, Suite 6170, Tucson, AZ 85701.

How do I obtain more information?

If you would like more information, you may contact the Settlement Administrator by calling toll-free 1-844-357-6871, emailing AudioEyeSettlement@classactionadmin.com or mailing a letter to:

In re AudioEye, Inc. Securities Litigation
c/o JND Class Action Administration
PO Box 6847
Broomfield, CO 80021
 

A copy of the Notice is available on the Important Documents page. Inquiries should NOT be directed to the Court, the Clerk of the Court, or Defendants.

What are my Rights and Options?

YOUR LEGAL RIGHTS AND OPTIONS IN THIS CLASS ACTION LAWSUIT:
Submit A Claim Form Postmarked No Later Than April 24, 2017. This is the only way to be eligible to get a payment in connection with the Settlement.
Exclude Yourself From The Settlement Class By Submitting A Written Request That Is Received No Later Than April 7, 2017. If you exclude yourself from the Settlement Class, you will not be eligible to get any payment from the Net Settlement Fund.  This is the only option that allows you to be part of any other lawsuit against any of the Settling Defendants or the other Released Parties concerning the Settled Claims (defined below).
Object To The Settlement Or The Request For Fees and Expenses By Submitting A Written Objection That Is Received No Later Than April 17, 2017. If you do not like the proposed Settlement, the proposed Plan of Allocation, or the Fee and Expense Application, you may write to the District Court and explain why you do not like them.  You cannot object to the Settlement, the Plan of Allocation, or the Fee and Expense Application unless you are a Settlement Class Member and do not exclude yourself.
Go To The Settlement Hearing On May 8, 2017, At 1:30 P.M., And File A Notice Of Intention To Appear That Is Received No Later Than April 17, 2017. Filing a written objection and notice of intention to appear allows you to speak in court about the fairness of the Settlement, the Plan of Allocation, and/or the Attorneys' Fees and Expenses application.  If you submit a written objection, you may (but do not have to) attend the hearing and speak to the District Court about your objection.
Do Nothing If you are a member of the Settlement Class and you do not submit a Claim Form by April 24, 2017, you will not be eligible to receive any payment from the Net Settlement Fund.  You will, however, remain a member of the Settlement Class, which means that you give up your right to sue about the claims that are resolved by the Settlement and you will be bound by any Judgments or Orders entered by the District Court pertaining to the class actions in the Action.

 

KEY DATES

Date Event
April 7, 2017
(received no later than)
Class Member Opt-Out Deadline
April 17, 2017
(received no later than)
Submit a Written Objection to the Settlement or the Request for Fees and Expenses Deadline
April 17, 2017
(received no later than)
File a Notice of Intention to Appear at the Settlement Hearing Deadline
April 24, 2017
(postmarked no later than)
Claims Filing Deadline
May 8, 2017 Settlement Hearing before the Honorable David C. Bury, United States District Court Judge, at 1:30 P.M. on May 8, 2017, at the Evo A. DeConcini U.S. Courthouse, 405 West Congress Street, Suite 6170, Tucson, AZ 85701

For More Information

Visit this website often to get the most up-to-date information.

Mail:
In re AudioEye, Inc. Securities Litigation
c/o JND Class Action Administration
PO Box 6847
Broomfield, CO 80021