Stanford Trust Class Action

Lillie, et. al. v. Stanford Trust Company, SEI Investments Company, Inc., SEI Private Trust Company, et. al.;

AFFIRMED by United States Court of Appeal for the Fifth Circuit, No. 19-30705;

DISMISSED by No. 3:13-cv-00150, United States District Court for the Middle District of Louisiana

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    The Court has ordered Class Counsel and Defendants confer on issuing Class Notice to all potential Class members in accordance with Federal Rule of Civil Procedure 23, and on September 28, 2016, the Court approved the Class Notice. 
  

Click Here for copy of NOTICE OF PENDENCY OF CLASS ACTION


Fed. R. Civ. P. 23.  Federal Rule of Civil Procedure 23(c)(2) reads:
    "For any class certified under Rule 23(b)(3), the court must direct to class members the best notice that is practicable under the circumstances, including individual notice to all members who can be identified through reasonable effort. The notice must clearly and concisely state in plain, easily understood language: (i) the nature of the action; (ii) the definition of the class certified; (iii) the class claims, issues, or defenses; (iv) that a class member may enter an appearance through an attorney if the member so desires; (v) that the court will exclude from the class any member who requests exclusion; (vi) the time and manner for requesting exclusion; and (vii) the binding effect of a class judgment on members under Rule 23(c)(3)."