Welcome to the Settlement website for In re Rayonier Inc., Securities Litigation, pending in the United States District Court for the Middle District of Florida (the “Action”).
If you purchased or otherwise acquired Rayonier Inc. (“Rayonier”) common stock during the period from October 26, 2010 through November 7, 2014, inclusive, you may be entitled to receive a payment under the proposed settlement of a securities class action lawsuit.
Your legal rights are affected whether you act or do not act. Please read the Notice to fully understand your rights and options.
A copy of the Notice can be found on the menu at the left of this page. 1
The Court-appointed Lead Plaintiffs the Pension Trust Fund For Operating Engineers and the Lake Worth Firefighters’ Pension Trust Fund, on behalf of themselves and the other members of the Settlement Class (defined below), have reached a settlement of the Action for $73,000,000 in cash that resolves all claims in the Action.
On September 19, 2017, the Court held a hearing to consider final approval of the Settlement and related matters. On October 5, 2017, the Court entered a Final Judgment approving the Settlement as fair, reasonable and adequate, and entered an order approving the Plan of Allocation for the proceeds of the Settlement.
If you are a member of the Settlement Class, your rights will be affected and you may be eligible for a payment from the Settlement. The Settlement Class consists of:
all persons or entities who purchased or otherwise acquired Rayonier common stock, during the period from October 26, 2010 through November 7, 2014, inclusive (the “Settlement Class Period”), and were damaged thereby, except for certain persons and entities who are excluded from the Settlement Class (see paragraph 18 of the Notice).
Per the Distribution Order entered on November 26, 2018, we are no longer accepting claims for this matter.
1 Capitalized terms not otherwise defined shall have the meaning as defined in the Stipulation of Settlement and/or the Notice.