On May 18, 2009, the Honorable Gregory M. Sleet of the United States District Court for the District of Delaware granted final approval to the settlement proposed by all of the parties and certified the securities fraud class action, In re Molson Coors Brewing Co. Sec. Litig. (D. Del. 05-00294). The settlement creates a fund of $6 million for the benefit of class members. Related actions are pending resolution in Canada and the Superior Court of Quebec also approved the settlement on April 9, 2009.
The Class Period at issue was approximately July 22, 2004 through April 27, 2005, inclusive, depending upon the security acquired. If you purchased the common stock of Adolph Coors Company ("Coors"), were a former shareholder of Molson Inc. ("Molson") and received shares of Molson Coors Brewing Company ("Molson Coors") in the February 9, 2005 merger of Molson and Coors, or purchased the common stock of Molson Coors during the Class Period you may be entitled to share in the settlement.
Please see the links to the right for copies of the: Preliminary Approval Orders; Notices of Class Actions and Proposed Settlements; Proof of Claim form; and Stipulation and Settlement Agreement.