Invacare Securities Class Action Settlement

Overview of The Settlement

Notice: Update on Distribution to Court approved Class Members.
September, 2018
July, 2019

Government of Guam Retirement Fund, et al. v. Invacare Corporation, et al., U.S. District Court, Northern District of Ohio, Eastern Division Case No. 1:13CV1165.

A proposed Settlement has been reached in a class action lawsuit against Defendants Invacare Corporation, Gerald B. Blouch and A. Malachi Mixon, III.

The Settlement, if approved by the Court, settles certain claims of all persons and entities who purchased or otherwise acquired the publicly traded common stock of Invacare Corporation between February 27, 2009, and December 7, 2011, inclusive (the “Settlement Class Period”) and were allegedly damaged thereby.

What Are My Options?

  • SUBMIT A CLAIM FORM. This is the only way to be potentially eligible to receive a payment from the Settlement Fund. You must submit a Proof of Claim and Release Form and all required documentation, postmarked no later than December 22, 2015.
  • EXCLUDE YOURSELF FROM THE CLASS. Receive no payment. This is the only option that allows you to ever be part of any other lawsuit against any of the Defendants or the other Defendants’ Releasees concerning the Released Plaintiffs’ Claims. Your exclusion request must be received by October 29, 2015.
  • OBJECT TO THE SETTLEMENT. Write to the Court and explain why you do not like the Settlement, the proposed Plan of Allocation, or the request for attorneys’ fees and reimbursement of expenses. You cannot object to the Settlement unless you are a Settlement Class Member and do not validly exclude yourself. Your objection must be filed and served October 29, 2015.
  • DO NOTHING. Receive no payment, remain a Settlement Class Member, give up your rights and be bound by any judgments or orders entered by the Court in the Action if it approves the Settlement, including the release of the Released Plaintiffs’ Claims against Defendants and Defendants’ Releasees.

Please consult the Notice for more details on your options.