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Robbins Gellar Rudman & Dowd LLP and Milberg LLP Announce Notice of Pendency and Proposed Settlement of Class Action

SAN DIEGO, Feb. 19, 2014 /PRNewswire/ -- The following statement is being issued by Robbins Gellar Rudman & Dowd LLP and Milberg LLP pursuant to an Order of the Court of Chancery of the State of Delaware:

NEW JERSEY CARPENTERS PENSION FUND, Individually and On Behalf of All Others Similarly Situated,

Plaintiff,

v.

INFOGROUP, INC., ROGER SIBONI,  BILL L. FAIRFIELD, VINOD GUPTA, BERNARD W. REZNICEK, CLIFTON T. WEATHERFORD, GEORGE KRAUSS, GARY MORIN, THOMAS L. THOMAS, JOHN STAPLES III, and LEE D. ROBERTS,

Defendants.

C.A. No. 5334-VCN

TO:

 ALL HOLDERS OF INFOGROUP, INC. COMMON STOCK AT ANY TIME FROM AUGUST 20, 2008 THROUGH AND INCLUDING JULY 1, 2010, WHETHER BENEFICIAL OR OF RECORD, INCLUDING THEIR LEGAL REPRESENTATIVES, HEIRS, SUCCESSORS IN INTEREST, TRANSFEREES AND ASSIGNEES OF ALL SUCH FOREGOING HOLDERS (THE "SETTLEMENT CLASS").

PLEASE READ THIS NOTICE CAREFULLY. YOUR RIGHTS WILL BE AFFECTED BY A CLASS ACTION LAWSUIT PENDING IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE.

YOU ARE HEREBY NOTIFIED, pursuant to an Order of the Court of Chancery of the State of Delaware (the "Court"), dated February 5, 2014, that Plaintiff and Class Representatives and Defendants in the above-captioned class action lawsuit (the "Action"), challenging the acquisition of infoGROUP, Inc. by CCMP Capital Advisors LLC entered into a proposed settlement of the Action (the "Settlement").

The complete terms of the Settlement are set forth in the Stipulation and Agreement of Compromise and Settlement between Plaintiff and Defendants dated as of January 29, 2014 (the "Stipulation"). A copy of the Stipulation can be obtained at www.infogroupsecuritiessettlement.com. A settlement hearing is scheduled to be held in the Court of Chancery, Kent County Courthouse, 38 The Green, Dover, Delaware 19901, on April 30, 2014, at 10:00 a.m. (the "Settlement Hearing") to, among other things: (a) determine whether it should grant final approval and certification of the proposed Settlement Class as preliminarily certified; (b) determine whether the Court should approve the Settlement as fair, reasonable and adequate; (c) determine whether Plaintiffs and Class Counsel have adequately represented the interests of the Settlement Class in the Action; (d) determine whether the Judgment should be entered dismissing the Action as to the Defendants; (e) consider the application by Class Counsel for attorneys' fees and payment of expenses; (f) hear and determine any objections to the Settlement or the application of Class Counsel for an award of attorneys' fees and expenses; and (g) rule on such other matters as the Court may deem appropriate.

 IF YOU ARE A MEMBER OF THE SETTLEMENT CLASS DESCRIBED ABOVE, YOUR RIGHTS WILL BE AFFECTED BY THE PENDING ACTION AND THE SETTLEMENT. If you have not received the full printed Notice of Pendency and Proposed Settlement of Class Action (the "Notice"), you may obtain a copy of the Stipulation, Notice and/or the Proof of Claim by contacting New Jersey Carpenters Pension Fund v. infoGROUP, Inc., Claims Administrator, c/o Gilardi & Co. LLC, P.O. Box 8040, San Rafael, CA 94912-8040, 1-(877)-290-6227, www.infogroupsecuritiessettlement.com, or Class Counsel:

Milberg LLP
Kent A. Bronson
One Pennsylvania Plaza, 49th Floor
New York, NY 10119
212-594-5300
Robbins Geller Rudman & Dowd LLP
Randall J. Baron
655 West Broadway, Suite 1900
San Diego, CA 92101
1-800-449-4900

If you are a Settlement Class member you will be bound by any judgment entered in the Action. Any objections to the Settlement and/or application for attorneys' fees and expenses must be filed with the Court and delivered to all counsel listed in the Notice such that they are received no later than April 16, 2014, in accordance with the instructions set forth in the Notice. Settlement Class members who do not object need not appear at the Settlement Hearing or take any other action to indicate their approval.

PLEASE DO NOT CONTACT THE COURT OR THE CLERK'S OFFICE REGARDING THIS NOTICE. If you have any questions about the litigation or the Settlement, you may contact Class Counsel:

Milberg LLP
Kent A. Bronson
One Pennsylvania Plaza, 49th Floor
New York, NY 10119
212-594-5300

Robbins Geller Rudman & Dowd LLP
Randall J. Baron
655 West Broadway, Suite 1900
San Diego, CA 92101
1-800-449-4900

Dated: February 5, 2014

BY ORDER OF THE COURT OF CHANCERY OF THE STATE OF DELAWARE

SOURCE Robbins Gellar Rudman & Dowd LLP; Milberg LLP

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