Important Information for Dutch Claimants in the Ahold Securities Class Action Settlement
New York (ots/PRNewswire)
Entwistle & Cappucci LLP, Lead
Plaintiffs' counsel appointed by the United States District Court for
the District of Maryland, issues this informational release
concerning claims submitted to participate in the settlement of the
class action against Royal Ahold N.V. ("Ahold") in the United States.Beginning in December 2006, approximately 16% of Dutch claimants in the Ahold settlement received deficiency notices (the "First Deficiency Notice") from The Garden City Group -- the Court-appointed Claims Administrator -- indicating that certain information needed to substantiate their claim was missing or incomplete. Approximately one half of Dutch claimants who received the First Deficiency Notice have now corrected their claims.
Today, the Claims Administrator will begin mailing an additional deficiency notice (the "Second Deficiency Notice") to Dutch claimants who have not responded to the First Deficiency Notice. The Second Deficiency Notice will provide Dutch claimants with an additional period of sixty (60) days to correct their claims. Because the Second Deficiency Notice will provide a final date by which claimants can correct deficient claims, all people who receive the Second Deficiency Notice are encouraged to act as quickly as possible to correct identified problems.
We understand that claimants may need help to ensure that they are submitting all of the correct documentation. For this reason, claimants are reminded and encouraged to direct all questions regarding the process or individual claims to the Claims Administrator in the United States by email at Questions@AholdSettlement.com or by telephone to the international call center toll-free at 00-800-1020-4060 or via toll call at 001-941-906-4864. The best time for Dutch claimants to call is between 8:00 a.m. and 6:00 p.m. CET. The Claims Adminstrator is prepared to answer your questions in Dutch or in English.
Contact:
Press Contact: Andrew Entwistle - +1-212-894-7200