Hershey, et al, v. Pacific Investment Management Company LLC, 05-cv-04681, (N.D. Ill)

December 17, 2013

On December 17, 2013, The Honorable Ronald Guzman ordered a second and potentially final distribution of the net settlement funds. During the hearing held on December 17, 2013, The Honorable Ronald Guzman stated that the approximately 42% recovery obtained by class members was “close to a record.” Lovell Stewart acted as sole lead counsel for the class and obtained a $118,750,000 settlement. For more information, please visit the settlement website at http://www.pimcocommoditieslitigation.com Contact Chris McGrath(CMGrath@lshllp.com).