Court Preliminarily Approves NetBank Settlement
On July 27, 2011, the United States District Court for Northern District of Georgia granted preliminarily approval of a $12.5 million cash settlement
in In re NetBank, Inc. Securities Litigation, (N.D. Ga. 1:07-cv-2298-TCB). The proposed settlement is on behalf of all persons who purchased the publicly-registered common stock of NetBank, Inc. during the period beginning March 16, 2005 through May 21, 2007, and held those shares on May 21, 2007.
You can learn more about the proposed settlement by reviewing the documents posted to this web page in the sidebar to the right or by going to the dedicated website.