Coughlin Stoia Geller Rudman & Robbins LLP
and Siskinds LLP Announce Summary Notice of
Pendency and Certification of Class Actions,
Proposed Settlement and Settlement
Approval/Fairness Hearings
February 11, 2010 03:50 PM Eastern Time
NEW YORK--(EON: Enhanced Online News)--The following statement is being issued by Coughlin Stoia Geller
Rudman & Robbins LLP and Siskinds LLP pursuant to an order of the United States District Court for the Southern
District of New York:
TO: ALL PERSONS WHO PURCHASED OR OTHERWISE ACQUIRED SUNOPTA INC. (“SunOpta”)
SECURITIES BETWEEN FEBRUARY 23, 2007 AND JANUARY 27, 2008, INCLUSIVE (THE “CLASS
PERIOD”), OTHER THAN EXCLUDED PERSONS (THE “CLASS”). PLEASE READ THIS NOTICE
CAREFULLY. YOUR RIGHTS MAY BE AFFECTED BY A PROPOSED SETTLEMENT OF THESE
LAWSUITS.
This Summary Notice relates to the following actions: O’Neil v. SunOpta, Inc. et al., Court File No. 57453CP (the
“Canadian Action”), in the Ontario Superior Court of Justice (the “Ontario Court”); and In re SunOpta Inc.
Securities Litigation, Master File No. 1:08-cv-00933-PAC (the “U.S. Action” and, together with the Canadian
Action, the “Actions”), in the United States District Court for the Southern District of New York (the “U.S. Court”).
1. PROPOSED SETTLEMENT
The parties to the Actions have agreed to settle the Actions on behalf of the Class for USD $11,250,000 plus
accrued interest, plus the agreement by SunOpta to adopt corporate governance enhancements, including
UNITED STATES DISTRICT COURT
SOUTHERN DISTRICT OF NEW YORK
In re SUNOPTA INC. SECURITIES
LITIGATION
This Document Relates To:
ALL ACTIONS.
Master File No. 1:08-cv-00933-PAC
Court File No. 57453CP
ONTARIO
SUPERIOR COURT OF JUSTICE
B E T W E E N:
JOHN O’NEIL
Plaintiff
– and –
SUNOPTA, INC., STEVEN R. BROMLEY and JOHN H. DIETRICH
Defendants
Proceeding under the Class Proceedings Act, 1992
SUMMARY NOTICE OF PENDENCY AND CERTIFICATION OF CLASS ACTIONS, PROPOSED
SETTLEMENT AND SETTLEMENT APPROVAL/FAIRNESS HEARINGS
amendments