Common Contracts

1 similar null contracts

STIPULATION AND AGREEMENT OF SETTLEMENT
Georgia • December 2nd, 2021
  • Jurisdiction
  • Filed
    December 2nd, 2021

This Stipulation and Agreement of Settlement dated as of December 2, 2021 (“Stipulation”) is entered into between (a) Court-appointed Class Representative the Public Employees’ Retirement System of Mississippi (“Mississippi PERS,” “Class Representative,” or “Lead Plaintiff”), on behalf of itself and the Court- certified Class (defined below); and (b) Acuity Brands, Inc. (“Acuity” or the “Company”), Vernon J. Nagel, Richard K. Reece, and Mark A. Black (collectively, “Defendants” and together with Class Representative, the “Parties”), and embodies the terms and conditions of the settlement of the above-captioned action (“Action”).1 Subject to the approval of the Court and the terms and conditions expressly provided herein, this Stipulation is intended to fully, finally, and forever compromise, settle, release, resolve, and dismiss with prejudice the Action and all Released Plaintiff’s Claims (defined below) against Defendants.

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