NEW YORK, Nov. 15, 2021 /PRNewswire/ -- Miller Shah
LLP announces that the United
States District Court for the Southern District of
New York has approved the
following announcement of a proposed class action settlement that
would benefit purchasers of AMC Entertainment Holdings, Inc. Common
Stock (NYSE: AMC):
SUMMARY NOTICE OF PENDENCY OF CLASS ACTION AND PROPOSED
SETTLEMENT
TO: ALL PERSONS AND ENTITIES THAT PURCHASED OR ACQUIRED
COMMON STOCK OF AMC ENTERTAINMENT HOLDINGS, INC. ("AMC" OR THE
"COMPANY" (TICKER SYMBOL: AMC)) BETWEEN DECEMBER 20, 2016 AND AUGUST 1, 2017, BOTH
DATES INCLUSIVE (THE "CLASS PERIOD"), INCLUDING PURSUANT TO AMC'S
SECONDARY PUBLIC OFFERING (THE "SPO") ON OR ABOUT FEBRUARY 8, 2017
PLEASE READ THIS NOTICE CAREFULLY. YOUR RIGHTS MAY BE
AFFECTED BY A CLASS ACTION LAWSUIT PENDING IN THIS COURT.
YOU ARE HEREBY NOTIFIED that a proposed Settlement has been
reached in this Action.1 A hearing will be held
with respect to the Settlement on February
10, 2022, at 3:00 P.M. before
the Honorable Alison J. Nathan in the
United States District Court for the Southern District of
New York, Thurgood Marshall United
States Courthouse, 40 Foley Square, Courtroom 906, New York, NY 10007.
The purpose of the hearing is to determine, among other things,
whether the proposed Settlement of the securities class action
claims asserted in the Action, pursuant to which AMC, on behalf of
all Defendants, will cause to be deposited into a Settlement Fund
the sum of eighteen million dollars
($18,000,000) in exchange for the
dismissal of the Action with prejudice and a release of claims
against the Defendants and other Released Parties, should be
approved by the Court as fair, reasonable, adequate, and in the
best interests of the Class. If you purchased or acquired AMC
common stock (ticker symbol: AMC) during the Class Period,
including pursuant to the SPO, you may be entitled to share in the
distribution of the Settlement Fund if you submit a Proof of Claim
Form to the Claims Administrator, Strategic Claims Services (see
address below), postmarked no later than February 28, 2022 or submitted no later than
11:59 p.m. EST on February 28, 2022 at
wwww.strategicclaims.net/amc/, and if the information and
documentation you provide in that Proof of Claim Form establishes
that you are entitled to a recovery.
This Summary Notice provides only a summary of matters regarding
the Action and the Settlement. The Notice of Pendency of
Class Action and Proposed Settlement (a "Detailed Notice" or the
"Notice") describing the Action, the proposed Settlement, and the
rights of Class Members to appear in Court at the Final Approval
Hearing, to request to be excluded from the Class, and/or to object
to the Settlement, the Plan of Allocation, and/or the request by
Class Counsel for an award of attorneys' fees and Litigation
Expenses, has been mailed to persons or entities known to be
potential Class Members. You may obtain a copy of that Notice
and the Proof of Claim Form as well as other information at
www.strategicclaims.net/amc/, or by writing to the following
address or calling the following telephone number.
AMC Securities Settlement
c/o
Strategic Claims Services
600 N. Jackson Street, Suite 205
P.O. Box
230
Media, PA
19063
Telephone: (866) 274-4004
If you are a Class Member, you have the right to object to the
Settlement, the Plan of Allocation, and/or the request by Class
Counsel for an award of attorneys' fees and Litigation Expenses, or
otherwise request to be heard, by submitting a written objection in
accordance with the procedures described in the Notice. The
objection must be filed and served so that it is received no later
than January 20, 2022. You also
have the right to exclude yourself from the Class by submitting a
written request for exclusion from the Class in accordance with the
procedures described in the Notice. The request for exclusion
must be postmarked no later than January
20, 2022. If the Settlement is approved by the Court,
you will be bound by the Settlement and the Judgment, including the
releases provided for in the Stipulation and the Judgment, unless
you submit a request to be excluded.
PLEASE DO NOT CONTACT THE COURT OR THE CLERK'S OFFICE
REGARDING THIS NOTICE. Inquiries, other than requests for
the detailed Notice referenced above and/or a Proof of Claim Form,
may be made to Lead Counsel for the Lead Plaintiff:
MILLER SHAH LLP
James E.
Miller
Laurie Rubinow
65 Main Street
Chester, CT 06412
Toll-Free: (866) 540-5505
Telephone: (860) 526-1100
Facsimile: (866) 300-7367
Email: jemiller@millershah.com
Email: lrubinow@millershah.com
DATED: NOVEMBER 2, 2021
BY ORDER OF THE U.S. DISTRICT COURT
FOR THE
SOUTHERN DISTRICT OF NEW
YORK
1 This Summary Notice incorporates by reference
the definitions in the Stipulation and Agreement of Settlement,
dated November 1, 2021 (the
"Stipulation"), and all capitalized terms used, but not defined
herein, shall have the same meanings as in the Stipulation. A
copy of the Stipulation can be obtained at
www.strategicclaims.net/amc/.
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SOURCE Miller Shah LLP