Household International, Inc. Securities Litigation
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Household International, Inc. Securities Litigation

Answers

1. How do I know if I’m a member of the Class?
All persons who purchased or otherwise acquired the common stock of Household, Inc. between October 23, 1997 and October 11, 2002, inclusive, are members of the Class. Excluded from the Class are defendants, members of defendants’ immediate families, any person, firm, trust, corporation, officer, director or other individual or entity in which any defendant has a controlling interest or which is related to or affiliated with any defendant, and the legal representatives, agents, affiliates, heirs, successors-in-interest or assigns of any such excluded party. However, as a result of the jury verdict in this case, only those class members who purchased Household common stock from March 23, 2001 to October 11, 2002 may be eligible for a recovery. 
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2. Will I receive any recovery from the proposed Settlement? If so, how much will I receive?
Claimants were required to submit a Proof of Claim form as described in the Notice of Verdict dated January 11, 2011.  If you filed a Proof of Claim form at that time, your claim was recommended for either acceptance or rejection, as set forth in reports filed with the Court by the Claims Administrator on December 22, 2011. If your claim was not rejected, you will share in the proceeds of the proposed settlement if: (1) you are entitled to a distribution under the Plan of Allocation described in the Notice of Proposed Settlement of Class Action; (2) you submitted a valid Proof of Claim form in 2011; (3) you answered the reliance question, as required, in 2011-2013; (4) you responded to discovery propounded by Defendants in 2014 on claimants who responded “Yes” to the reliance question (if you answered “No”, you were not served with discovery in 2014); and (5) if the proposed settlement is finally approved by the Court. All Class Members will be bound by the Judgment and release to be entered by the Court as described in the Notice.  We cannot advise what the final payout amount will be until the settlement is approved and we receive authorization from lead counsel to proceed with distribution. 
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3. Can I file a late Proof of Claim at this time?
No, you may no longer submit a Proof of Claim. 
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4. What was the deadline to submit a Proof of Claim?
The deadline to submit a timely Proof of Claim was May 24, 2011. 
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5. How can I find out if I have already submitted a Proof of Claim?
If you are not certain whether you have submitted a claim, please e-mail your name and address to the Claims Administrator at classact@gilardi.com.  Please include “Household Securities Litigation – claim filed research request” in the subject line of your email.  You may include more than one name or mailing address in your inquiry.  If you do not have access to e-mail, you may also call the Claims Administrator at 1-888-292-0360.  However please be advised that we may experience high call volume during certain times.
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6. How can I obtain the claim number assigned to my Proof of Claim?
If you have submitted a claim but do not know your claim number, please e-mail your name and address to the Claims Administrator at classact@gilardi.com.  Please include “Household Securities Litigation – claim number research request” in the subject line of your email.  Please also indicate if you have submitted more than one claim.  You may include more than one name or mailing address in your inquiry.  If you do not have access to e-mail, you may also call the Claims Administrator at 1-888-292-0360.  However please be advised that we may experience high call volume during certain times. 
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7. How can I determine if the claim which I submitted is valid or rejected?
A list of valid claims, by claim number, is provided on the Case Documents page of this website. This website also contains a list, by claim number, of claims that have been rejected. Please review the List of Valid Claims and List of Rejected Claims posted on the Case Documents page of this website to determine whether your claim has been accepted or rejected. 
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8.

Why was my Proof of Claim rejected?
There are several reasons why a claim may have been rejected.  For example, you may not have purchased shares of Household common stock during the relevant period, the transactions listed in your claim may not be entitled to a distribution under the Plan of Allocation, or you may not have answered the reliance question, as required, in 2011-2013.

If you would like details as to the specific reason of rejection for your claim, please send a request to the Claims Administrator at classact@gilardi.com.  Please include “Household Securities Litigation – claim rejected research request” in the subject line of your email and include your claim number in your request. 
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9. Who represents me in this Settlement?
The Court has appointed Robbins Geller Rudman & Dowd LLP as lead counsel for the harmed investors. 
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10. What if I do not like the proposed Settlement?
Any Class Member who objects to any aspect of the settlement, the Plan of Allocation, or the application for attorneys’ fees and expenses, and the reimbursement of certain expenses to Plaintiffs, may object to the Settlement as described in Section XVIII of the Settlement Notice. 
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11. How do I request exclusion from the Household International, Inc. Litigation?
The deadline to exclude yourself was March 20, 2006, following the settlement of Arthur Andersen. If you have not done so already, you cannot exclude yourself at this time. 
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12. I previously excluded myself from the Andersen settlement. Can I file a Proof of Claim now?
If you previously submitted a valid exclusion from the Class, you are still excluded from participation in this matter. You will not share in the proceeds from the Andersen settlement or any recovery from the Settlement Fund. 
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13. I have additional questions. Please provide me contact details.
Please contact the Claims Administrator with any further questions at the toll-free number or email address listed on the Contact Us page of this website. We are happy to help you. 
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