LRR Energy

The parties in Hurwitz v. Mullins, et al., Case No. 1:15-cv-00711-MAK (the LRR Energy Securities Litigation or the Action), pending in the United States District Court for the District of Delaware (the Court), have reached a proposed settlement of the Action that, if approved, will resolve all claims in the Action. The proposed Settlement, if appro... ved by the Court, will provide $8 million to pay claims of Class Members. The Court directed that everyone who fits this description is a Class Member: all Persons or entities that held LRR Energy, L.P. ("LRE") common units as of August 28, 2015 through and including October 5, 2015 and who received Vanguard Natural Resources, LLC common units in exchange for such common units on or about October 5, 2015 under the registration statement (as amended) issued in relation to the Acquisition and were damaged thereby, except those Persons or entities that are excluded. If the Settlement is approved by the Court, once the Court's Final Approval Order becomes Final and no longer subject to appeal, a payment of $5 will be made (the Initial Settlement Payment) to each Person who is a Class Member, received the Notice or otherwise provides a valid Proof of Claim and Release form and did not validly request exclusion from the Class. In addition to the Initial Settlement Payment, each Class Member is also eligible to receive a portion of the Net Settlement Amount by submitting a valid and timely claim form. For additional details regarding this Settlement, how your rights will be affected by the legal proceedings in this Action, and the distribution of the Net Settlement Amount if approved by the Court, please read the Notice . SUBMIT A PROOF OF CLAIM FORM BY NOVEMBER 26, 2018 As a Class Member, you will receive an Initial Settlement Payment. In addition to an Initial Settlement Payment, you are required to submit a Proof of Claim in order to also be eligible to receive a portion of the Net Settlement Amount allocated on a per-unit basis. Write to the Court about why you do not ...Read More