Sigma Capital Investments S.A. (LSE:SCI)
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Notice of Proposed Settlement of Service Corporation
International Class Action Lawsuit
HOUSTON, Sept. 20 /PRNewswire/ -- The following Notice is issued pursuant to
the Order of the United States District Court for the Southern District of
Texas in In re: Service Corporation International, H- 99-280:
SCI PROPOSED SETTLEMENT
1. Settlement of a lawsuit in this court may affect your rights.
2. Inclusion.
This settlement applies to those who:
A. Exchanged shares of common stock in Equity Corporation
International, Inc. ("ECI") for shares of common stock in Service
Corporation International, Inc. ("SCI"), on the merger of ECI into
SCI on January 19, 1999;
B. Purchased shares of SCI common stock in the open market from July
17, 1998 through January 26, 1999 ("Class Period");
C. Purchased SCI call options in the open market during the Class
Period;
D. Sold SCI put options in the open market during the Class Period;
or,
E. Held employee options to purchase shares under an ECI stock plan
that became options to purchase shares of SCI common stock on the
merger.
3. Hearing.
A hearing is scheduled for:
November 4, 2004 at 2:00 p.m.
Courtroom 11C, Eleventh Floor
United States Courthouse
515 Rusk Avenue
Houston, Texas 77002
The purpose of the hearing is to determine whether the Court should (a) certify
a class action with the proposed class representatives; (b) approve the
proposed settlement of $65,000,000 in cash as being fair, reasonable, and
adequate; (c) dismiss the action with prejudice; (d) approve the plan of
allocation of the net settlement fund as being fair and reasonable; (e) approve
the application of plaintiffs' counsel for an award of attorneys' fees and
reimbursement of expenses; and (f) approve reimbursement of plaintiffs' costs
and expenses, including lost wages.
4. Information.
If you have not received a detailed notice of class-action settlement
and a copy of the proof of claim and release and plan of allocation,
you may get copies from:
SCI Settlement
Complete Claim Solutions, Inc.,
P.O. Box 24728
West Palm Beach, Florida 33416
http://www.completeclaimsolutions.com/
Toll-Free: (866) 401-6803
You must file a proof of claim to participate in the settlement. Please do not
contact the court or the clerk's office about this notice.
August 24, 2004 Hon. Lynn N. Hughes
Houston, Texas United States District Court
Southern District of Texas
In re: Service Corporation International
H-99-280
CONTACT:
James A. Harrod
Direct Dial: (212) 451-9642
E-Mail:
DATASOURCE: WOLF POPPER LLP
CONTACT: James A. Harrod of WOLF POPPER LLP, +1-212-451-9642, or
Web site: http://www.wolfpopper.com/
http://www.completeclaimsolutions.com/