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Welcome to the 360networks Securities
Litigation Website
If you purchased or otherwise acquired 360networks, Inc. subordinate voting shares
between April 20, 2000 and June 28, 2001, inclusive, a proposed class action settlement
(“Settlement”) could affect your legal rights. You may be entitled to share in the Settlement Fund.
The full class Notice contains important information concerning the proposed settlement,
rights of Class Members, the Plan of Allocation, eligibility requirements and instructions on how to file a claim.
To view the full class Notice, please click here.
If you are a Class Member and want to participate in the settlement, you must file a valid Claim
Form postmarked on or before June 8, 2006. To view a sample Claim Form, or download a
personalized Claim Form, please click here.
You may comment on, or object to the terms of the proposed Settlement. Objections must be postmarked on or before May 11, 2006.
The full class Notice describes how to submit comments or objections.
If you do not wish to participate in or be bound by the proposed Settlement, you must exclude
yourself as described in the full Class Notice. Exclusions must be postmarked on or before May 11, 2006. All Class Members who
have not requested exclusion from the class will be bound by any judgement entered in the action pursuant to the stipulation
of settlement.
The Honorable Miriam Goldman Cedarbaum, U.S.D.J. of the United States District Court
will hold a Fairness Hearing on May 18, 2006, at 10:00 a.m., at the Daniel Patrick Moynihan U.S. Courthouse,
Room 1330, 500 Pearl Street, New York, New York 10007 to consider whether the Settlement is fair, reasonable and adequate and
to consider the application of Lead Counsel for attorneys' fees and reimbursement of expenses. You have a right
to appear at the hearing, although you do not have to.
The Settlement received final approval on May 19, 2006.
PLEASE DO NOT CONTACT THE COURT FOR INFORMATION REGARDING THE SETTLEMENT
PLEASE NOTE THE FOLLOWING IMPORTANT DATES:
June 8, 2006
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Deadline to Submit a Claim Form
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May 11, 2006
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Deadline to Comment on, or Object to the Proposed Settlement
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May 11, 2006
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Deadline to Request Exclusion from the Settlement Class
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May 18, 2006
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Fairness Hearing
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