Liquid Holdings Group Inc (LIQDQ)

[ledanreb]

"SUMMARY NOTICE OF PENDENCY OF CLASS ACTION, PROPOSEDSETTLEMENT, AND MOTION FOR ATTORNEYS' FEES AND EXPENSES

To: All persons and entities that purchased shares of common stock of Liquid Holdings Group, Inc. ("Liquid") (i) in Liquid's initial public offering on July 26, 2013; and/or (ii) on the public market between July 26, 2013 and September 24, 2015, inclusive (the "Class Period"), and were damaged thereby (the "Settlement Class").

YOU ARE HEREBY NOTIFIED, pursuant to Rule 23 of the Federal Rules of Civil Procedure and an Order of the United States District Court for the District of New Jersey, that Michael Sanders and Sidney R. Berger ("Lead Plaintiffs"), on behalf of themselves and the Settlement Class, and Brian Storms, Kenneth D. Shifrin, and Brian Ferdinand ("collectively, "Defendants"), have reached a proposed settlement of the above-captioned action (the "Action") in the amount of $4,062,500 that, if approved, will resolve the Action in its entirety (the "Settlement")."