Catalyst Securities Settlement

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Catalyst Securities Settlement
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PLEASE READ – IMPORTANT NOTICE TO THE CLASS

All deadlines have passed. Pursuant to Court Order, the Settlement Fairness Hearing for Catalyst was held on September 9, 2020, at 12:30 p.m at which time the settlement, plan of allocation, and litigation awards and expenses were approved.


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

If you are a Settlement Class Member, your legal rights will be affected by this Settlement whether you act or do not act.  Please read the Notice carefully.

If you purchased or otherwise acquired Class A, Class C, and/or Class I shares of the Catalyst Hedged Futures Strategy Fund (the “Fund”) during the period from November 1, 2014 through June 30, 2017, inclusive, you may be entitled to a payment from a class action settlement.

 

IMPORTANT DATES

AUGUST 17, 2020

Claim Filing Deadline.  This deadline has passed. 

AUGUST 13, 2020

Exclusion Deadline.   This deadline has passed. 

AUGUST 13, 2020

Objection Deadline.  This deadline has passed. 

SEPTEMBER 9, 2020

The Settlement Hearing.  The Court will hold the Settlement Hearing September 9, 2020 at 12:30 p.m., by telephone (see instructions above), to consider, among other things, whether: (i) the Settlement is fair, reasonable, adequate, and should be approved; (ii) the Plan of Allocation is fair and reasonable, and should be approved; and (iii) the application of Co-Lead Counsel for an award of attorneys’ fees and payment of litigation expenses, including awards to the Lead Plaintiffs, is reasonable and should be approved.

 

Please read the Notice carefully.  If you have questions, you may call the Catalyst Securities Settlement Help Line at (877) 236-1413 or email info@CatalystSecuritiesSettlement.com.

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