Patterson Securities Litigation
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FREQUENTLY ASKED QUESTIONS


  1. Why did I receive a Notice of Pendency?
  2. How do I know if I am a Class Member?
  3. What are my options at this time?
  4. I have not received any notice. How do I make certain I am on the list of potential Class Members to receive further information about this matter?
  5. How do I remain a Class Member? Do I have to file a claim form?
  6. How do I request exclusion from the applicable Class?
  7. How do I update my address with the Notice Administrator?
  8. I have other questions, who can I contact?

 



  1. Why did I receive a Notice of Pendency?

    A Notice of Pendency of Class Action ("Notice") was sent to you because you may be a Class Member in this litigation. The District Court authorized the Notice because you have a right to know about the pending class action lawsuit and about your options at this time. Your name and mailing address were provided to us by a bank, brokerage firm, financial institution, or transfer agent as a potential Class Member. The receipt of the Notice, however, should not be construed as a determination that you are a member of the Class.

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  2. How do I know if I am a Class Member?

    According to the Court’s order, you are a member of the Class if you fit this description: “All persons or entities who purchased or otherwise acquired Patterson Companies, Inc., common stock between June 26, 2013 and February 28, 2018, inclusive.” Excluded from the Class by definition are (i) Defendants; (ii) the officers and directors of Patterson at all relevant times; (iii) members of the immediate family of each person noted above; (iv) the legal representatives, heirs, agents, affiliates, successors, or assigns of any such excluded party; (v) Defendants’ liability insurance carriers and any affiliates or subsidiaries thereof; and (vi) any entity in which Defendants or their immediate families have or had a controlling interest.

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  3. What are my options at this time?

    At this time, Class Members are not required to take any action to remain in the Class. If any benefits are eventually obtained for the Class as a result of this lawsuit, eligible Class Members may be entitled to a payment.

    Class Members may choose to exclude themselves from the Class. If you exclude yourself, you will not be entitled to a payment if any benefits are eventually obtained for the Class. If you do not exclude yourself, you will be bound by any judgment in this litigation, whether favorable or unfavorable. To remain a Class Member and eligible for a payment if any benefits are eventually obtained, you are not required to do anything at this time other than to retain your documentation reflecting your transactions and holdings in Patterson common stock.

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  4. I have not received any notice. How do I make certain I am on the list of potential Class Members to receive further information about this matter?

    If you have not received a Notice and would like to confirm that you are on the mailing list for any further information and mailings in this matter, please contact the Notice Administrator via email at info@PattersonSecuritiesClassAction.com and request that a Notice be sent to you at your current mailing address.

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  5. How do I remain a Class Member? Do I have to file a claim form?

    To remain a Class Member, you are not required to do anything at this time. You will be bound by any judgment in this litigation, whether it is favorable or unfavorable, and additional proceedings may be necessary in order to demonstrate your right to any recovery. An additional notice will be sent and posted on this website if and when any such proceeding is required.

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  6. How do I request exclusion from the applicable Class?

    If you wish to be excluded from the Class, you must specifically request exclusion in accordance with the following procedures.  You must send a letter by first-class mail stating that you “request exclusion from the Class in Plymouth County Retirement System v. Patterson Companies, Inc., Case No. 18-cv-00871-MJD-HB (D. Minn.).”  Your request must: (i) state the name, address and telephone number of the person or entity requesting exclusion; (ii) identify all of your transactions in Patterson common stock during the period June 26, 2013 up through and including February 28, 2018; and (iii) be signed by the person or entity requesting exclusion or an authorized representative accompanied by proof of authorization.  You must mail your exclusion request, postmarked by no later than August 18, 2021, to:

    Patterson Securities Litigation
    c/o Gilardi & Co. LLC
    EXCLUSIONS
    150 Royall Street, Suite 101
    Canton, MA 02021

    You cannot exclude yourself from the Class by telephone or by e-mail, and a request for exclusion shall not be effective unless it contains all the information called for by this paragraph and is postmarked by the date stated above or is otherwise accepted by the Court.

    Do not request exclusion if you wish to participate in this Action as a Class Member.

    If you choose to be excluded from the Class, you will not be bound by any judgment in this Action, nor will you be eligible to share in any recovery that might be obtained in this Action.  If you properly request exclusion, you will be entitled to pursue an individual lawsuit, claim or remedy, if available, which you may have, at your own expense. Please note, if you decide to exclude yourself from the Class, you may be time-barred from asserting the claims covered by the Action by a statute of repose.

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  7. How do I update my address with the Notice Administrator?

    In order to make sure that you receive any further notices in this Action, you are requested to mail notice of any changes in your address to:

    Patterson Securities Litigation
    c/o Gilardi & Co. LLC
    P.O. Box 43391
    Providence, RI  02940-3391

    You may also email the Notice Administrator at  info@PattersonSecuritiesClassAction.com  with your correct address. If a Notice was forwarded to you by the postal service, or if it was otherwise sent to you at an address that is not current, you should immediately contact the Notice Administrator, Gilardi & Co. LLC, and provide them with your correct address.  If the Notice Administrator does not have your correct address, you may not receive any future notices that may be disseminated in this Action.

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  8. I have other questions, who can I contact?

    For more detailed information regarding the Action, you may contact Class Counsel:  Lucas F. Olts, Esq., Robbins Geller Rudman  & Dowd LLP, 655 West Broadway, Ste. 1900, San Diego, CA 92101, Tel: (800) 449-4900; Lester R. Hooker, Esq., Saxena White P.A., 7777 Glades Road, Ste. 300, Boca Raton, FL 33434, Tel: (561) 394-3399.

    Complete copies of public pleadings, Court rulings, and other filings are available for review at http://www.pacer.gov or at the office of the Clerk of Court, United States District Court for the District of Minnesota, 300 South Fourth Street, Minneapolis, MN 55415 under Case No. 0:18-cv-00871. PLEASE DO NOT CALL OR WRITE THE COURT.

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