{"id":478152,"date":"2021-04-19T09:13:08","date_gmt":"2021-04-19T13:13:08","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/kahn-swick-foti-llc-announces-summary-notice-of-proposed-settlement-involving-purchasers-of-newlink-common-stock\/"},"modified":"2021-04-19T09:13:08","modified_gmt":"2021-04-19T13:13:08","slug":"kahn-swick-foti-llc-announces-summary-notice-of-proposed-settlement-involving-purchasers-of-newlink-common-stock","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/kahn-swick-foti-llc-announces-summary-notice-of-proposed-settlement-involving-purchasers-of-newlink-common-stock\/","title":{"rendered":"Kahn Swick & Foti, LLC Announces Summary Notice of Proposed Settlement Involving Purchasers of NewLink Common Stock"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n NEW ORLEANS<\/span>, April 19, 2021<\/span> \/PRNewswire\/ —<\/p>\n

\n
\n UNITED STATES<\/span> DISTRICT COURT
SOUTHERN DISTRICT OF NEW YORK<\/span><\/b>\n <\/p>\n

\n\n\n
\n

\n MICHAEL NGUYEN and KELLY NGUYEN, Individually and on Behalf of All Others Similarly Situated,<\/span>\n <\/p>\n

\u00a0<\/p>\n

\n Plaintiff,<\/span>\n <\/p>\n

\n \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 vs.<\/span>\n <\/p>\n

\u00a0<\/p>\n

\n NEWLINK GENETICS CORPORATION, CHARLES J. LINK, JR., and NICHOLAS N. VAHANIAN, <\/span>\n <\/p>\n

\n Defendants.<\/span>\n <\/p>\n<\/td>\n

\n

\n )<\/span>\n <\/p>\n

\n )<\/span>\n <\/p>\n

\n )<\/span>\n <\/p>\n

\n )<\/span>\n <\/p>\n

\n )<\/span>\n <\/p>\n

\n )<\/span>\n <\/p>\n

\n )<\/span>\n <\/p>\n

\n )<\/span>\n <\/p>\n

\n )<\/span>\n <\/p>\n

\n )<\/span>\n <\/p>\n<\/td>\n

\n

\n Case No. 1:16-CV-3545<\/span>\n <\/p>\n

\u00a0<\/p>\n

\u00a0<\/p>\n

\u00a0<\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

\n
\n SUMMARY NOTICE<\/u>
\n <\/b>\n <\/p>\n

TO:\u00a0\u00a0\u00a0\u00a0\u00a0 ALL PERSONS WHO purchased NEWLINK COMMON STOCK (trading symbol NLNK) IN COVERED TRANSACTIONS between SEPTEMBER 17, 2013<\/span> and MAY 9, 2016<\/span>:<\/p>\n

\n YOU ARE HEREBY NOTIFIED<\/b>, pursuant to an Order of the United States<\/span> District Court for the Southern District of New York<\/span>, that a telephonic hearing will be held on September 22, 2021<\/span>, at 11:00 a.m. EST<\/span>, before the Honorable William H. Pauley, III, for the purpose of determining: (1)\u00a0whether the proposed Settlement for the sum of $13,500,000<\/span> in cash should be approved by the Court as fair, reasonable and adequate; (2) whether, after the hearing, this Action should be dismissed with prejudice pursuant to the terms and conditions set forth in the Amended Stipulation and Agreement of Settlement dated as of March 24, 2021<\/span>; (3) whether the Plan of Allocation is fair, reasonable and adequate and should be approved; and (4)\u00a0whether the application of Lead Counsel for the payment of attorneys’ fees and reimbursement of expenses incurred in this Action should be approved. The dial-in number for the telephonic hearing is (800) 955-3720 and the confirmation code is 780305.<\/p>\n

If you purchased or otherwise acquired NewLink common stock (trading symbol NLNK) between September 17, 2013<\/span> and May 9, 2016<\/span>, inclusive, your rights may be affected by the Settlement of this Action. If you have not received a detailed Notice of Pendency and Proposed Settlement of Class Action (“Notice”) and a copy of the Proof of Claim and Release, you should obtain copies by writing to NewLink Securities Litigation, c\/o Rust Consulting, Inc. – 7212, P.O. Box 44, Minneapolis, MN<\/span> 55440-0044, or by visiting the website at www.newlinksecuritieslitigation.com<\/a>. The Notice contains details about this Action and Settlement, including what you must do to exclude yourself from the Settlement, object to the Settlement, or file a Proof of Claim. If you are a Class Member, in order to share in the distribution of the Net Settlement Fund, you must submit a Proof of Claim and Release postmarked no later than August 16, 2021<\/span><\/b>, establishing that you are entitled to recovery.<\/p>\n

If you desire to be excluded from the Class, you must submit a Request for Exclusion postmarked by August 16, 2021<\/span><\/b>, in the manner and form explained in the detailed Notice referred to above. All Members of the Class who have not timely and validly requested exclusion from the Class will be bound by any judgment entered in the Action pursuant to the terms and conditions of the Amended Stipulation of Settlement. Your objection(s) must be mailed on or before August 16, 2021<\/span><\/b> to: the Court;\u00a0Kahn Swick & Foti, LLC on behalf of the Lead Plaintiffs; and Counsel for the Defendants, at the following addresses:<\/p>\n

\n COURT:
<\/b>Clerk of the Court
Daniel Patrick Moynihan
United States<\/span> Courthouse
500 Pearl Street<\/span>
New York, New York<\/span> 10007<\/p>\n

\n FOR LEAD PLAINTIFFS:
<\/b>
\n Lewis S. Kahn<\/span>
\n
KAHN SWICK & FOTI, LLC
1100 Poydras Street, Suite 3200
New Orleans, LA<\/span> 70163<\/p>\n

\n Lead Counsel for Lead Plaintiffs
Michael and Kelly Nguyen<\/span> and the Class<\/i>\n <\/p>\n

\n FOR DEFENDANTS:
<\/b>
\n Sarah M. Lightdale<\/span>
\n
Cooley LLP
55 Hudson Yards
New York, NY<\/span> 10001 <\/p>\n

\n Counsel for Defendants NewLink Genetics Corporation,
Charles J. Link, Jr.<\/span>, and Nicholas N. Vahanian<\/span><\/i>\n <\/p>\n

\n PLEASE DO NOT CONTACT THE COURT, THE CLERK’S OFFICE OR DEFENDANTS REGARDING THIS NOTICE.<\/b>\n <\/p>\n

If you have any questions about the settlement, you may contact Lead Counsel for Lead Plaintiffs and the Class at the address listed above.<\/p>\n

DATED: April 2, 2021<\/span>
THE HONORABLE WILLIAM H. PAULEY, III
UNITED STATES<\/span> DISTRICT JUDGE
SOUTHERN DISTRICT OF NEW YORK<\/span><\/p>\n

\n \"Cision\" View original content:http:\/\/www.prnewswire.com\/news-releases\/kahn-swick–foti-llc-announces-summary-notice-of-proposed-settlement-involving-purchasers-of-newlink-common-stock-301271258.html<\/a><\/p>\n

SOURCE Kahn Swick & Foti, LLC<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire NEW ORLEANS, April 19, 2021 \/PRNewswire\/ — UNITED STATES DISTRICT COURTSOUTHERN DISTRICT OF NEW YORK MICHAEL NGUYEN and KELLY NGUYEN, Individually and on Behalf of All Others Similarly Situated, \u00a0 Plaintiff, \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 vs. \u00a0 NEWLINK GENETICS CORPORATION, CHARLES J. LINK, JR., and NICHOLAS N. VAHANIAN, Defendants. ) ) ) ) ) ) ) ) ) ) Case No. 1:16-CV-3545 \u00a0 \u00a0 \u00a0 SUMMARY NOTICE TO:\u00a0\u00a0\u00a0\u00a0\u00a0 ALL PERSONS WHO purchased NEWLINK COMMON STOCK (trading symbol NLNK) IN COVERED TRANSACTIONS between SEPTEMBER 17, 2013 and MAY 9, 2016: YOU ARE HEREBY NOTIFIED, pursuant to an Order of the United States District Court for the Southern District of New York, that a telephonic hearing will be held on September 22, 2021, … <\/p>\n

Continue reading “Kahn Swick & Foti, LLC Announces Summary Notice of Proposed Settlement Involving Purchasers of NewLink Common Stock”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-478152","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nKahn Swick & Foti, LLC Announces Summary Notice of Proposed Settlement Involving Purchasers of NewLink Common Stock - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/kahn-swick-foti-llc-announces-summary-notice-of-proposed-settlement-involving-purchasers-of-newlink-common-stock\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kahn Swick & Foti, LLC Announces Summary Notice of Proposed Settlement Involving Purchasers of NewLink Common Stock - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NEW ORLEANS, April 19, 2021 \/PRNewswire\/ — UNITED STATES DISTRICT COURTSOUTHERN DISTRICT OF NEW YORK MICHAEL NGUYEN and KELLY NGUYEN, Individually and on Behalf of All Others Similarly Situated, \u00a0 Plaintiff, \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 vs. \u00a0 NEWLINK GENETICS CORPORATION, CHARLES J. LINK, JR., and NICHOLAS N. VAHANIAN, Defendants. ) ) ) ) ) ) ) ) ) ) Case No. 1:16-CV-3545 \u00a0 \u00a0 \u00a0 SUMMARY NOTICE TO:\u00a0\u00a0\u00a0\u00a0\u00a0 ALL PERSONS WHO purchased NEWLINK COMMON STOCK (trading symbol NLNK) IN COVERED TRANSACTIONS between SEPTEMBER 17, 2013 and MAY 9, 2016: YOU ARE HEREBY NOTIFIED, pursuant to an Order of the United States District Court for the Southern District of New York, that a telephonic hearing will be held on September 22, 2021, … Continue reading "Kahn Swick & Foti, LLC Announces Summary Notice of Proposed Settlement Involving Purchasers of NewLink Common Stock"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/kahn-swick-foti-llc-announces-summary-notice-of-proposed-settlement-involving-purchasers-of-newlink-common-stock\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-19T13:13:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=DC45646&sd=2021-04-19\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kahn-swick-foti-llc-announces-summary-notice-of-proposed-settlement-involving-purchasers-of-newlink-common-stock\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kahn-swick-foti-llc-announces-summary-notice-of-proposed-settlement-involving-purchasers-of-newlink-common-stock\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Kahn Swick & Foti, LLC Announces Summary Notice of Proposed Settlement Involving Purchasers of NewLink Common Stock\",\"datePublished\":\"2021-04-19T13:13:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kahn-swick-foti-llc-announces-summary-notice-of-proposed-settlement-involving-purchasers-of-newlink-common-stock\\\/\"},\"wordCount\":632,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kahn-swick-foti-llc-announces-summary-notice-of-proposed-settlement-involving-purchasers-of-newlink-common-stock\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=DC45646&sd=2021-04-19\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kahn-swick-foti-llc-announces-summary-notice-of-proposed-settlement-involving-purchasers-of-newlink-common-stock\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kahn-swick-foti-llc-announces-summary-notice-of-proposed-settlement-involving-purchasers-of-newlink-common-stock\\\/\",\"name\":\"Kahn Swick & Foti, LLC Announces Summary Notice of Proposed Settlement Involving Purchasers of NewLink Common Stock - 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LINK, JR., and NICHOLAS N. VAHANIAN, Defendants. ) ) ) ) ) ) ) ) ) ) Case No. 1:16-CV-3545 \u00a0 \u00a0 \u00a0 SUMMARY NOTICE TO:\u00a0\u00a0\u00a0\u00a0\u00a0 ALL PERSONS WHO purchased NEWLINK COMMON STOCK (trading symbol NLNK) IN COVERED TRANSACTIONS between SEPTEMBER 17, 2013 and MAY 9, 2016: YOU ARE HEREBY NOTIFIED, pursuant to an Order of the United States District Court for the Southern District of New York, that a telephonic hearing will be held on September 22, 2021, … Continue reading \"Kahn Swick & Foti, LLC Announces Summary Notice of Proposed Settlement Involving Purchasers of NewLink Common Stock\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/kahn-swick-foti-llc-announces-summary-notice-of-proposed-settlement-involving-purchasers-of-newlink-common-stock\/","og_site_name":"Market Newsdesk","article_published_time":"2021-04-19T13:13:08+00:00","og_image":[{"url":"https:\/\/c212.net\/c\/img\/favicon.png?sn=DC45646&sd=2021-04-19","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/kahn-swick-foti-llc-announces-summary-notice-of-proposed-settlement-involving-purchasers-of-newlink-common-stock\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/kahn-swick-foti-llc-announces-summary-notice-of-proposed-settlement-involving-purchasers-of-newlink-common-stock\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Kahn Swick & Foti, LLC Announces Summary Notice of Proposed Settlement Involving Purchasers of NewLink Common Stock","datePublished":"2021-04-19T13:13:08+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/kahn-swick-foti-llc-announces-summary-notice-of-proposed-settlement-involving-purchasers-of-newlink-common-stock\/"},"wordCount":632,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/kahn-swick-foti-llc-announces-summary-notice-of-proposed-settlement-involving-purchasers-of-newlink-common-stock\/#primaryimage"},"thumbnailUrl":"https:\/\/c212.net\/c\/img\/favicon.png?sn=DC45646&sd=2021-04-19","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/kahn-swick-foti-llc-announces-summary-notice-of-proposed-settlement-involving-purchasers-of-newlink-common-stock\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/kahn-swick-foti-llc-announces-summary-notice-of-proposed-settlement-involving-purchasers-of-newlink-common-stock\/","name":"Kahn Swick & Foti, LLC Announces Summary Notice of Proposed Settlement Involving Purchasers of NewLink Common Stock - 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