The Rosen Regulation Agency, PA Declares Proposed Class Motion

OAKLAND, Calif., June 06, 2022 (GLOBE NEWSWIRE) — The Rosen Regulation Agency, PA pronounces that the US District Courtroom for the Northern District of California has authorized the next announcement of a proposed class motion settlement that will profit purchasers of the publicly traded securities of NetApp, Inc. (NASDAQ: NTAP):

SUMMARY NOTICE OF PENDENCY AND PROPOSED SETTLEMENT OF CLASS ACTION

TO: ALL PERSONS WHO PURCHASED OR OTHERWISE ACQUIRED THE PUBLICLY TRADED SECURITIES OF NETAPP, INC. (“NETAPP”) BETWEEN MAY 23, 2019 AND AUGUST 1, 2019, BOTH DATES INCLUSIVE

YOU ARE HEREBY NOTIFIED, pursuant to an Order of the US District Courtroom for the Northern District of California, {that a} listening to can be held on September 1, 2022 at 2:00 pm PDT, earlier than the Honorable Jon S. Tigar, United States District Choose of the Northern District of California, through Zoom, with the hyperlink out there at https://cand.uscourts.gov/judges/tigar-jon-s-jst/, (the “Remaining Approval Listening to”) for the aim of figuring out: (1) whether or not the proposed Settlement consists of the sum of $2,250,000 in money must be authorized by the Courtroom as truthful, affordable, and sufficient; (2) whether or not the proposed plan to distribute the settlement proceeds is truthful, affordable, and sufficient; (3) whether or not the applying for an award of attorneys’ charges of not more than 25% of the Settlement Quantity (or $562,500) and reimbursement of bills of not more than $25,000 and a Compensatory Award of affordable prices and bills (together with misplaced wages) immediately referring to his illustration of the Settlement Class of not more than $2,000 for Lead Plaintiff must be authorized; and (4) whether or not the Motion must be dismissed with prejudice as set forth within the Stipulation of Settlement, dated September 21, 2021 (the “Stipulation”). The Courtroom reserves the correct to carry the Remaining Approval Listening to telephonically or by different digital means.

When you bought or in any other case acquired the publicly traded securities of NetApp between Might 23, 2019 and August 1, 2019, each dates inclusive (the “Settlement Class Interval”), your rights could also be affected by the Settlement of this motion. When you’ve got not obtained an in depth Discover of Pendency and Proposed Settlement of Class Motion (“Lengthy Discover”) and a replica of the Proof of Declare and Launch Type (“Proof of Declare”), you could acquire copies by contacting the Claims Administrator at: NetApp, Inc. Securities Litigation, c/o Strategic Claims Companies, PO Field 230, 600 N. Jackson St., Ste. 205, Media, PA 19063, Phone: (866) 274-4004, Facsimile: (610) 565-7985, [email protected] You may as well obtain copies of the Lengthy Discover and submit your Proof of Declare on-line at www.strategicclaims.web/NetApp/. In case you are a member of the Settlement Class, with the intention to share within the distribution of the Web Settlement Fund, you could submit a correctly accomplished Proof of Declare electronically or postmarked no later than August 2, 2022, to the Claims Administrator, establishing that you’re entitled to restoration.

In case you are a Settlement Class Member and need to be excluded from the Settlement Class, you could submit a request for exclusion to the Claims Administrator in order that it’s obtained no later than August 11, 2022, within the method and kind defined within the detailed Lengthy Discover. Until you submit a written exclusion request, you can be certain by any judgment rendered within the Motion whether or not or not you make a declare.

Any objection to the Settlement, Plan of Allocation, Lead Counsel’s request for an award of attorneys’ charges and reimbursement of bills, or the Compensatory Award to Lead Plaintiff have to be within the method and kind defined within the detailed Lengthy Discover and filed with the Courtroom no later than August 11, 2022, on the Clerk of Courtroom, United States District Courtroom for the Northern District of California, 1301 Clay Road, Suite 400 S, Oakland, California 94612.

When you’ve got any questions in regards to the Settlement, you could name or write to Lead Counsel:

Jacob A. Goldberg, Esq.
THE ROSEN LAW FIRM, PA
101 Greenwood Avenue, Suite 440
Jenkintown, PA 19046
215-600-2817
[email protected]

DO NOT TELEPHONE THE COURT OR THE COURT CLERK’S OFFICE TO INQUIRE ABOUT THIS SETTLEMENT OR THE CLAIMS PROCESS.

DATED: MAY 3, 2022 ______________________
BY ORDER OF THE UNITED STATES
DISTRICT COURT FOR THE NORTHERN
DISTRICT OF CALIFORNIA