Grupo Televisa Securities Litigation

United States District Court Southern District of New York
Civil Action No. 18-cv-1979-LLS

TO: ALL PERSONS AND ENTITIES THAT PURCHASED OR OTHERWISE ACQUIRED GRUPO TELEVISA, S.A.B. (“TELEVISA” OR THE “COMPANY”) AMERICAN DEPOSITARY RECEIPTS (“ADRs”) DURING THE PERIOD BETWEEN APRIL 11, 2013 TO NOVEMBER 17, 2017, INCLUSIVE (THE “CLASS PERIOD”).

This website serves to inform you of the proposed settlement of the above-captioned class action lawsuit for $95,000,000.00 in cash and the hearing to be held by the Court to consider the fairness, reasonableness, and adequacy of the Settlement, as set forth in the Stipulation of Settlement dated April 14, 2023, by and between Class Representative Palm Tran, Inc. Amalgamated Transit Union Local 1577 Pension Plan, on behalf of itself and the Class and Defendants Grupo Televisa, S.A.B., Emilio Fernando Azcárraga Jean III, and Salvi Rafael Folch Viadero.  Please see the Stipulation for full details about the case.  


YOUR LEGAL RIGHTS AND OPTIONS IN THIS SETTLEMENT


SUBMIT A PROOF OF CLAIM AND RELEASE


The claim filing deadline has passed. The only way to be eligible to receive a payment from the Settlement.  Proofs of Claim and Release must have been postmarked (if mailed) or received (if submitted online) on or before August 8, 2023.

 

 

EXCLUDE YOURSELF FROM THE SETTLEMENT BY SUBMITTING A WRITTEN REQUEST FOR EXCLUSION

The exclusion deadline has passed. Get no payment.  This is the only option that potentially allows you to ever be part of any other lawsuit against any of the Defendants or any other Released Defendant Parties about the legal claims being resolved by this Settlement.  Should you elect to exclude yourself from the Class, you should understand that Defendants and the other Released Defendant Parties will have the right to assert any and all defenses they may have to any claims that you may seek to assert, including, without limitation, the defense that any such claims are untimely under applicable statutes of limitations and statutes of repose.  Exclusions must have been received on or before July 10, 2023.

OBJECT TO THE SETTLEMENT BY SUBMITTING A WRITTEN OBJECTION

The objection deadline has passed. Write to the Court about why you do not like the Settlement, the Plan of Allocation, and/or the request for attorneys’ fees and expenses.  Objections must have been received on or before July 18, 2023.

GO TO THE HEARING ON AUGUST 8, 2023, AND FILE A NOTICE OF INTENTION TO APPEAR BY JULY 18, 2023.

Ask to speak in Court about the fairness of the Settlement.  Requests to speak must be received on or before July 18, 2023.  If you submit a written objection, you may (but you do not have to) attend the hearing.


DO NOTHING

Receive no payment. You will, however, still be a Class Member, which means that you give up your right to ever be part of any other lawsuit against the Defendants or any other Released Defendant Party about the legal claims being resolved by this Settlement and you will be bound by any judgments or orders entered by the Court in the Litigation.


This website is authorized by the Court, supervised by counsel and controlled by Kroll Settlement Administration, the Claims Administrator approved by the Court. This is the only authorized website for this case.

Call
1-833-630-8083
Mail
Kroll Settlement Administration
PO Box 225391
New York, NY 10150-5391

Documents

Please read for a full explanation of the settlement and your options and all applicable timelines.

Contact

Contact us with any inquiries, comments, and/or requests.

Important Dates

  • Exclusion Deadline

    Monday, July 10, 2023 The exclusion deadline has passed. You must have completed and mailed your request for exclusion form so that it is received no later than Monday, July 10, 2023.
  • Objection Deadline

    Tuesday, July 18, 2023 The objection deadline has passed. You must have mailed your objection(s) and/or notice of intent to appear at the Final Approval Hearing so that it/they was received no later than Tuesday, July 18, 2023.
  • Claim Form Deadline

    Tuesday, August 8, 2023 The claim filing deadline has passed. You must have submitted your Claim Form on-line no later than Tuesday, August 8, 2023, or mail your completed paper Claim Form so that it was postmarked no later than Tuesday, August 8, 2023.
  • Settlement Hearing Date

    Tuesday, August 8, 2023 The Settlement Hearing has taken place. The Settlement Hearing was scheduled for Tuesday, August 8, 2023. Please check this website for updates.

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