Virtus Investment Partners, Inc. Securities Litigation

www.virtussecuritieslitigation.com


Overview

WELCOME TO THE VIRTUS INVESTMENT PARTNERS, INC. SECURITIES LITIGATION WEBSITE

The information contained on this web page is only a summary of information presented in more detail in the Notice of (I) Proposed Settlement and Plan of Allocation; (II) Settlement Hearing; and (III) Motion for an Award of Attorneys’ Fees and Payment of Litigation Expenses (the “Notice”). Because this website is just a summary, you should review the Notice for additional details.

This case, In re Virtus Investment Partners, Inc. Securities Litigation, Civil Action No. 15-1249 (WHP), brought in the United States District Court for the Southern District of New York, arises out of allegations that Virtus Investment Partners, Inc. (“Virtus”), violated federal securities laws by making materially false and misleading statements regarding certain mutual funds issued by Virtus Opportunities Trust (“VOT”).

The Court-appointed Lead Plaintiff, Arkansas Teacher Retirement System, on behalf of itself and the other members of the Settlement Class (defined below), has reached a settlement with Defendants for $22,000,000 in cash that resolves all claims in the Action (the “Settlement”).

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 persons or entities that, during the period between January 25, 2013 and May 11, 2015, inclusive, purchased or otherwise acquired shares of the publicly traded common stock of Virtus Investment Partners, Inc. and were damaged thereby. (see, paragraph 24 of the Notice.)

Please read the Notice to fully understand your rights and options.

If you are a member of the Settlement Class, in order to be potentially eligible to receive a payment under the proposed Settlement, you must submit a Claim Form postmarked no later than October 10, 2018. You may also submit a claim online by clicking on the File a Claim tab located on the upper right hand corner of this website. Payments to eligible claimants will be made only after the completion of all claims processing. Please be patient, as this process will take some time to complete.

Important Deadlines

October 24, 2018
Settlement Hearing
To attend the Settlement Hearing and/or ask to speak in Court about the fairness of the Settlement, see the instructions in the Settlement Notice. The hearing will be held on October 24, 2018 at 10:00 a.m. in Courtroom 20B of the United States District Court for the Southern District of New York, Daniel Patrick Moynihan United States Courthouse, 500 Pearl Street, New York, NY 10007-1312.
October 10, 2018
Claim Filing Deadline
Expired
To be eligible to receive a payment from the Settlement Fund, you must have mailed the Claim Form and supporting documentation, postmarked no later than October 10, 2018, in accordance with the instructions in the Settlement a Notice and Claim Form. You must have also submitted a claim online, no later than October 10, 2018, by clicking on the File a Claim tab located on the upper right hand corner of this website.
October 3, 2018
Objection Deadline
Expired
Any objections to the proposed Settlement, the proposed Plan of Allocation, and/or the request for attorneys’ fees and reimbursement of Litigation Expenses, must have been received no later than October 3, 2018, in accordance with the instructions in the Settlement Notice.

Settlement Notice

Electronic Filing Instructions

Court Documents

Contact Us

If you have questions which are not answered by this website, please contact us at: In re Virtus Investment Partners, Inc. Securities Litigation c/o GCG P.O. Box 10489 Dublin, OH 43017-4089

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Class Counsel

As a member of the Class, you will be represented by Class Counsel, who are:

John C. Browne Jesse L. Jensen BERNSTEIN LITOWITZ BERGER & GROSSMANN LLP 1251 Avenue of the Americas, 44th Floor New York, NY 10020 www.blbglaw.com 1-800-380-8496 Michael H. Rogers John J. Esmay LABATON SUCHAROW LLP 140 Broadway New York, NY 10005 www.labaton.com 1-888-219-6877