ALTAIR NANOTECHNOLOGIES ANNOUNCES PROPOSED DERIVATIVE SETTLEMENT AND SUMMARY NOTICE OF HEARING

RENO, Nev., Aug 30 (Bernama-GLOBE NEWSWIRE) -- Altair Nanotechnologies, Inc., today issued the following statement: 

UNITED STATES DISTRICT COURT
SOUTHERN DISTRICT OF NEW YORK

In re Altair Nanotechnologies Shareholder
Derivative Litigation

CASE NO.: 14-CV-09418-AT
 

SUMMARY NOTICE OF PROPOSED SETTLEMENT OF THE
ALTAIR NANOTECHNOLOGIES, INC. SHAREHOLDER DERIVATIVE LITIGATION

PLEASE BE ADVISED that Plaintiff and the Settling Defendants have reached a settlement (the “Settlement”) to resolve the issues raised in the above-captioned consolidated derivative action (“Action”) (capitalized terms are defined in the Stipulation of Settlement dated July 22, 2016 (“Stipulation”)).

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