This official website is maintained by the Settlement Administrator supervised by Lead Counsel in the action entitled Hollywood Firefighters’ Pension Fund, et al. v. Malone, et al., C.A. No. 2020-0880-SG (GCI Liberty Stockholder Litigation) (the “Action”), pending in the Court of Chancery of the State of Delaware.



CLASS NOTICE:

On June 16, 2023, the Settlement Administrator conducted the distribution of the Net Settlement Fund to registered holders, as approved by order of the Court. Please address any questions regarding your payment to the Settlement Administrator at 877-777-9248 or info@GCILibertyStockholderLitigation.com.


The information contained on this web page is only a summary of information presented in more detail in the Notice of Pendency and Proposed Settlement of Stockholder Class Action, Settlement Hearing, and Right to Appear (the “Notice”), which you can access by clicking here. Since this website is just a summary, you should review the Notice for additional details.

The parties have reached a proposed settlement of the Action for $110,000,000 in cash (the "Settlement") that resolves all claims in the Action. On October 5, 2021, the Court held a hearing on the Settlement and related matters. Following the hearing, the Court entered an Order and Final Judgment finally approving the Settlement, approving the Plan of Allocation for the proceeds of the Settlement, and awarding attorney's fees and litigation expenses to Plaintiffs' Counsel.

If you are a member of the Settlement Class, your rights will be affected and you may be eligible for a payment from the Settlement. The Settlement Class consists of:


All holders of GCI Liberty Series A common stock as of December 18, 2020, the date of the consummation of the Merger (excluding certain persons and entities who are excluded from the Settlement Class by definition as set forth in the Notice (see paragraph 34 of the Notice))


Eligible Class Members do not need to submit a claim form in order to receive a distribution from the Settlement, if approved by the Court. Your distribution from the Settlement will be paid to you directly.

Please be patient, as it will take some time to conduct the Settlement distribution.

Please read the Notice carefully. If you have questions, you may call the GCI Liberty Stockholder Litigation Help at 1-877-777-9248 or email info@GCILibertyStockholderLitigation.com.