Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-cand-3_13-cv-03791/USCOURTS-cand-3_13-cv-03791-7/pdf.json

Nature of Suit Code: 850
Nature of Suit: Securities, Commodities, Exchange
Cause of Action: 15:78m(a) Securities Exchange Act

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United States District Court

For the Northern District of California

IN THE UNITED STATES DISTRICT COURT

FOR THE NORTHERN DISTRICT OF CALIFORNIA

WHEREAS, a consolidated action is pending before this Court 

styled In re ECOtality, Inc. Securities Litigation, Master File No. 

3:13-cv-03791-SC (the "Litigation");

WHEREAS, the parties having made application, pursuant to 

Federal Rule of Civil Procedure 23(e), for an order approving the 

settlement of this Litigation, in accordance with a Stipulation of 

Settlement dated as of December 22, 2014 (the "Stipulation"), 

which, together with the Exhibits annexed thereto, sets forth the 

terms and conditions for a settlement of the Litigation and for 

dismissal of the Litigation with prejudice upon the terms and 

conditions set forth therein; and the Court having read and 

considered the Stipulation and the Exhibits annexed thereto; and

IN RE ECOTALITY, INC. 

SECURITIES LITIGATION

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Master File No. 13-03791-SC

PRELIMINARY APPROVAL ORDER

This Document Relates To:

ALL ACTIONS

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United States District Court

For the Northern District of California

WHEREAS, all capitalized terms herein shall have the same 

meanings as set forth in the Stipulation.

NOW, THEREFORE, IT IS HEREBY ORDERED:

1. The Court does hereby preliminarily approve the 

Stipulation and the settlement set forth therein, subject to 

further consideration at the Settlement Hearing described below.

2. The Court hereby certifies a Class, for settlement 

purposes only, defined as: all Persons who purchased ECOtality 

common stock beginning on April 16, 2013 and through and including 

August 12, 2013, and were damaged thereby. Excluded from this 

definition are (a) all Defendants and their immediate families, (b) 

ECOtality's former and current officers and directors and their 

immediate families, and (c) any entity in which these excluded 

persons have a controlling interest. Also excluded from the Class 

are those Persons who validly and timely request exclusion from the 

Class pursuant to the terms of the Stipulation and its related 

Exhibits.

3. With respect to the Class, this Court finds for purposes 

of effectuating this settlement only, that (a) the Members of the 

Class are so numerous that joinder of all Class Members in the 

Litigation is impracticable; (b) there are questions of law and 

fact common to the Class which predominate over any individual 

questions; (c) the claims of the Lead Plaintiff are typical of the 

claims of the Class; (d) Lead Plaintiff and Lead Counsel have 

fairly and adequately represented and protected the interests of 

all of the Class Members; and (e) a class action is superior to 

other available methods for the fair and efficient adjudication of 

the controversy, considering: (i) the interests of the Members of 

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United States District Court

For the Northern District of California

the Class in individually controlling the prosecution of the 

separate actions; (ii) the extent and nature of any litigation 

concerning the controversy already commenced by Members of the 

Class; (iii) the desirability or undesirability of continuing the 

litigation of these claims in this particular forum; and (iv) the

difficulties likely to be encountered in the management of the 

class action.

4. A hearing (the "Settlement Hearing") shall be held before 

this Court on June 26, 2015, at 10:00 a.m., at the United States 

District Court for the Northern District of California, 450 Golden 

Gate Avenue, Courtroom 1, San Francisco, CA 94102, to determine 

whether the settlement of the Litigation on the terms and 

conditions provided for in the Stipulation is fair, reasonable, and 

adequate to the Class and should be approved by the Court; whether 

a Final Order as provided in ¶ 1.13 of the Stipulation should be 

entered; whether the proposed Plan of Allocation should be 

approved; and to determine the amount of the Fee and Expense Award 

and the amount of expenses that should be paid to Lead Plaintiff 

for his representation of the Class. The Court may adjourn the 

Settlement Hearing without further notice to the Members of the 

Class.

5. The Court approves, as to form and content, the Notice of 

Proposed Settlement of Class Action (the "Notice"), the Proof of 

Claim and Release form (the "Proof of Claim"), and Summary Notice 

annexed as Exhibits A-1, A-2, and A-3 to Plaintiff's proposed order 

(ECF No. 79-1) and finds that the mailing and distribution of the 

Notice and publishing of the Summary Notice substantially in the 

manner and form set forth in ¶ 6 of this Order meet the 

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United States District Court

For the Northern District of California

requirements of Federal Rule of Civil Procedure 23 and due process, 

and is the best notice practicable under the circumstances and 

shall constitute due and sufficient notice to all Persons entitled 

thereto.

6. The firm of Gilardi & Co. LLC ("Claims Administrator") is 

hereby appointed to supervise and administer the notice procedure 

as well as the processing of claims as more fully set forth below:

(a) The Claims Administrator shall make reasonable 

efforts to identify all Persons who are Members of the Class 

and not later than March 20, 2015 (the "Notice Date"), the 

Claims Administrator shall cause a copy of the Notice and the 

Proof of Claim, substantially in the forms annexed as Exhibits 

A-1 and A-2 hereto, to be mailed by First-Class Mail to all 

Class Members who can be identified with reasonable effort and 

post on the website identified in the Notice and Summary 

Notice, the Stipulation and its Exhibits;

(b) Not later than March 30, 2015, the Claims 

Administrator shall cause the Summary Notice to be published 

once in Investor's Business Daily and once over a national 

newswire service;

(c) Not later than March 30, 2015, the Claims 

Administrator shall post at the website identified in the 

Notice and Summary Notice, the Motion for Final Approval of 

the Settlement and Plan of Allocation and the Fee and Expense 

Application; and

(d) At least seven (7) calendar days prior to the 

Settlement Hearing, Lead Counsel shall cause to be served on 

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United States District Court

For the Northern District of California

Defendants' counsel and filed with the Court proof, by 

affidavit or declaration, of such mailing and publishing.

7. Nominees who purchased ECOtality common stock for the 

beneficial ownership of Class Members during the Class Period shall 

send the Notice and the Proof of Claim to all beneficial owners of 

such ECOtality common stock within ten (10) days after receipt 

thereof, or send a list of the names and addresses of such 

beneficial owners to the Claims Administrator within ten (10) days 

of receipt thereof, in which event the Claims Administrator shall 

promptly mail the Notice and Proof of Claim to such beneficial 

owners. Lead Counsel shall, if requested, reimburse banks, 

brokerage houses or other nominees solely for their reasonable 

expenses incurred in providing notice to beneficial owners who are 

Class Members out of the Settlement Fund, which expenses would not 

have been incurred except for the sending of such notice, subject 

to further order of this Court with respect to any dispute 

concerning such compensation.

8. All Members of the Class shall be bound by all 

determinations and judgments in the Litigation concerning the 

settlement, whether favorable or unfavorable to the Class.

9. Class Members who wish to participate in the settlement 

shall complete and submit Proofs of Claim in accordance with the 

instructions contained therein. Unless the Court orders otherwise, 

all Proofs of Claim must be postmarked no later than ninety (90) 

days from the Notice Date. Any Class Member who does not timely 

submit a Proof of Claim within the time provided for, shall be 

barred from sharing in the distribution of the proceeds of the 

Settlement Fund, unless otherwise ordered by the Court. 

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United States District Court

For the Northern District of California

Notwithstanding the foregoing, Lead Counsel may, in its discretion, 

accept late-submitted claims for processing by the Claims 

Administrator so long as distribution of the Net Settlement Fund is 

not materially delayed thereby. Lead Counsel and/or the Claims 

Administrator shall have no liability for declining to accept any 

such late-submitted claims.

10. Any Member of the Class may enter an appearance in the 

Litigation, at their own expense, individually or through counsel 

of their own choice. If they do not enter an appearance, they will 

be represented by Lead Counsel.

11. Any Person falling within the definition of the Class 

may, upon request, be excluded from the Class. Any such Person 

must submit to the Claims Administrator a request for exclusion 

("Request for Exclusion"), postmarked no later than May 19, 2015. 

No Person may exclude himself, herself or itself from the Class 

after that date. A Request for Exclusion must state: (a) the name, 

address, and telephone number of the Person requesting exclusion; 

(b) that the Person wishes to be excluded from the Class; and (c) 

the Person's signature. Requests for Exclusion will not be 

accepted if the requests do not include the required information 

and/or if the requests are not made within the time stated above, 

unless the Requests for Exclusion are otherwise accepted by the 

Court. All Persons who submit valid and timely Requests for 

Exclusion in the manner set forth in this paragraph shall have no 

rights under the Stipulation, shall not share in the distribution 

of the Net Settlement Fund, and shall not be bound by the 

Stipulation or the Judgment entered in the Litigation.

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United States District Court

For the Northern District of California

12. Unless otherwise ordered by the Court, upon the Effective 

Date, all Persons who fall within the definition of the Class and 

have not timely and validly requested to be excluded from the Class 

in accordance with the instructions set forth above shall be 

subject to and bound by the provisions of the Stipulation, the 

releases contained therein, and the Final Order and Judgment with 

respect to all Released Claims, regardless of whether such Persons 

seek or obtain by any means, including, without limitation, by 

submitting a Proof of Claim or any similar document, any 

distribution from the Net Settlement Fund.

13. Any Member of the Class may appear and show cause, if he, 

she or it has any reason as to why the settlement of the Litigation 

should or should not be approved as fair, reasonable, and adequate; 

why a judgment should or should not be entered thereon; why the 

Plan of Allocation should or should not be approved; why attorneys'

fees and expenses should or should not be awarded to Lead Counsel 

and/or why the Lead Plaintiff should or should not be paid for his 

time and expenses in representing the Class; provided, however, 

that no Class Member or any other Person shall be heard or entitled 

to contest such matters, unless that Person filed and/or mailed 

said objections, papers, and briefs with the Class Action Clerk of 

the United States District Court for the Northern District of 

California, San Francisco Division, or filed them in person at any 

location of the United States District Court for the Northern 

District of California, such that they are filed on or before May 

19, 2015. Any Member of the Class who does not make his, her or 

its objection in the manner provided shall be deemed to have waived 

such objection and shall forever be foreclosed from making any 

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United States District Court

For the Northern District of California

objection to the fairness or adequacy of the proposed settlement as 

set forth in the Stipulation, to the Plan of Allocation, or to the 

Fee and Expense Application or to the payment of time and expenses 

to Lead Plaintiff for his representation of the Class, unless 

otherwise ordered by the Court.

14. All funds held by the Escrow Agent shall be deemed and 

considered to be in custodia legis of the Court, and shall remain 

subject to the jurisdiction of the Court, until such time as such 

funds shall be distributed pursuant to the Stipulation and/or 

further order(s) of the Court.

15. All opening briefs and supporting documents in support of 

the settlement, the Plan of Allocation, and the Fee and Expense 

Application shall be filed and served at least fourteen (14) 

calendar days prior to the deadline for objections in ¶ 13. 

Replies to any objections shall be filed and served fourteen (14) 

calendar days prior to the Settlement Hearing.

16. Neither the Defendants and their Related Parties nor the 

Defendants' counsel shall have any responsibility for the Plan of 

Allocation or the Fee and Expense Award or expenses requested by 

Lead Plaintiff, and such matters will be considered separately from 

the fairness, reasonableness, and adequacy of the settlement.

17. At or after the Settlement Hearing, the Court shall 

determine whether the Plan of Allocation proposed by Lead Counsel, 

the Fee and Expense Application and payment of Lead Plaintiff's 

time and expenses shall be approved.

18. All reasonable expenses incurred in identifying and 

notifying Class Members, as well as administering the Settlement 

Fund, shall be paid as set forth in the Stipulation. In the event 

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United States District Court

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the settlement is not approved by the Court, or otherwise fails to 

become effective, neither Lead Plaintiff nor his counsel shall have 

any obligation to repay any amounts incurred or properly disbursed 

pursuant to ¶¶ 2.7 or 2.8 of the Stipulation.

19. Neither the Stipulation, nor any of its terms or 

provisions, nor any of the negotiations or proceedings connected 

with it, shall be construed as an admission or concession by the 

Defendants of the truth of any of the allegations in the 

Litigation, or of any liability, fault, or wrongdoing of any kind.

20. The Court reserves the right to adjourn the date of the 

Settlement Hearing without further notice to the Members of the 

Class, and retains jurisdiction to consider all further 

applications arising out of or connected with the proposed 

settlement. The Court may approve the settlement, with such 

modifications as may be agreed to by the Settling Parties, if 

appropriate, without further notice to the Class.

21. If the Stipulation and/or the settlement set forth 

therein is not approved or consummated for any reason whatsoever, 

the Stipulation, proposed settlement, and all proceedings had in 

connection therewith, including, without limitation, this Order, 

shall be rendered null and void and shall be vacated nunc pro tunc, 

except that the provisions set forth in the Stipulation related to 

this circumstance shall apply.

22. Pending final determination as to whether the Settlement 

as set forth in the Stipulation should be approved, all proceedings 

in the Litigation, other than such proceedings as may be necessary 

to carry out the terms and conditions of the Settlement, are hereby 

stayed and suspended until further order of this Court. 

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United States District Court

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23. Pending final determination as to whether the Settlement 

as set forth in the Stipulation should be approved, no Class Member 

shall commence, prosecute, pursue or litigate any Released Claim 

against any of the Released Persons, regardless of whether or not 

any such Class Member has appeared in the Litigation. This 

paragraph 23 shall not apply to or otherwise impact the complaint 

captioned Special Situations Fund III QP, et al. v. H. Ravi Brar et 

al., Case No. 14-cv-04717, filed in the United States District 

Court of the Northern District of California on or around October 

23, 2014.

IT IS SO ORDERED.

Dated: March 6, 2014

UNITED STATES DISTRICT JUDGE

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EXHIBIT A-1

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978712_5 

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ROBBINS GELLER RUDMAN 

 & DOWD LLP 

CHRISTOPHER P. SEEFER (201197) 

KENNETH J. BLACK (291871) 

Post Montgomery Center 

One Montgomery Street, Suite 1800 

San Francisco, CA 94104 

Telephone: 415/288-4545 

415/288-4534 (fax) 

chriss@rgrdlaw.com 

kennyb@rgrdlaw.com 

– and – 

JEFFREY D. LIGHT (159515) 

655 West Broadway, Suite 1900 

San Diego, CA 92101 

Telephone: 619/231-1058 

619/231-7423 (fax) 

jeffl@rgrdlaw.com 

Lead Counsel for Plaintiffs 

UNITED STATES DISTRICT COURT 

NORTHERN DISTRICT OF CALIFORNIA 

In re ECOTALITY, INC. SECURITIES 

LITIGATION 

This Document Relates To: 

ALL ACTIONS. 

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Master File No. 3:13-cv-03791-SC 

CLASS ACTION 

NOTICE OF PROPOSED SETTLEMENT OF 

CLASS ACTION 

EXHIBIT A-1 

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978712_5 NOTICE OF PROPOSED SETTLEMENT OF CLASS ACTION - 3:13-cv-03791-SC - 1 -

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If you purchased ECOtality, Inc. (“ECOtality” or the “Company”)1 common stock during 

the period from April 16, 2013 to August 12, 2013 (the “Class Period”), and were damaged 

thereby, and are not otherwise excluded from the Class (see Question 6 below), you could get a 

payment from a class action settlement. 

A federal court authorized this Notice. This is not a solicitation from a lawyer. Your legal 

rights may be affected whether you act or do not act. Read this Notice carefully. 

Security and Time Period: Purchases of ECOtality common stock purchased between April 

16, 2013 and August 12, 2013. 

Settlement Fund: $1,100,000 in cash plus any interest earned. Your recovery will depend 

on the timing of your purchases and sales of ECOtality common stock during the Class Period. 

Based on the information currently available to Lead Plaintiff and the analysis performed by his 

damages consultant, it is estimated that if Class Members submit claims for 100% of the shares 

eligible for distribution under the Plan of Allocation (described below), the estimated average 

distribution per share of common stock will be approximately $0.08 before deduction of Courtapproved fees and expenses, including the cost of notifying Members of the Class and settlement 

administration and any attorneys’ fees and expenses awarded by the Court to counsel for the Lead 

Plaintiff and any award to Lead Plaintiff for his representation of the Class. Historically, actual 

claims rates are less than 100%, which result in higher distributions per share. A Class Member’s 

actual recovery will be a proportion of the Net Settlement Fund determined by that claimant’s 

recognized claim as compared to the total recognized claims of all Class Members who submit valid 

Proof of Claim and Release forms (“Proof of Claim”). 

Reasons for Settlement: Avoids the costs and risks associated with continued litigation, 

including the danger of no recovery. 

Lead Plaintiff believes that the claims asserted in the Litigation have merit and that the facts 

developed to date support the claims asserted. Lead Plaintiff and his counsel believe that the 

 

1

 This Notice incorporates by reference the definitions in the Stipulation of Settlement dated as of 

December 22, 2014 (“Stipulation”), and all capitalized terms used, but not defined herein, shall have 

the same meanings as in the Stipulation. The Stipulation can be obtained at 

www.ecotalitysecuritieslitigation.com. 

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Settlement provides the Class with a substantial benefit now in lieu of engaging in further litigation, 

especially considering the risk of no recovery at all in light of the Court’s September 16, 2014 order 

granting Defendants’ motion to dismiss the claims asserted by Lead Plaintiff on behalf of the Class. 

Defendants have denied and continue to deny, inter alia, that Lead Plaintiff and the Class 

have suffered damages, that Defendants or any of them made or caused to be made any alleged 

material misrepresentation or omission, and that any Defendant acted with scienter in making or 

causing any alleged misrepresentation or omission. Nonetheless, Defendants have concluded that 

further conduct of the Litigation could be protracted and expensive, and that it is desirable that the 

Litigation be fully and finally settled in the manner and upon the terms and conditions set forth in the 

parties’ Stipulation. Defendants also have taken into account the uncertainty and risks inherent in 

any litigation, especially in complex cases like this Litigation. 

Neither the Stipulation, nor any of its terms or provisions, nor any of the negotiations or 

proceedings connected with it, shall be construed as an admission or concession by any of the 

Defendants of the merit or truth of any of the allegations or wrongdoing of any kind on the part of 

any of the Defendants. 

If the Case Had Not Settled: Continuing with the case could have resulted in Lead 

Plaintiff’s claims being dismissed on Defendants’ motion to dismiss, at summary judgment, trial or 

on appeal. The two sides vigorously disagree on both liability and the amount of money that could 

have been won if Lead Plaintiff prevailed at trial. The parties disagree, among other issues, about: 

(1) whether any Defendant made a false statement; (2) whether any Defendant knew any alleged 

false statement was false when made; (3) the method for determining whether the price of ECOtality 

common stock was artificially inflated during the relevant period; (4) whether there was any such 

inflation and the amount of any such alleged inflation; (5) whether there was any wrongdoing on the 

part of any Defendants; (6) the extent that various facts alleged by Lead Plaintiff influenced the 

trading price of ECOtality common stock during the Class Period; and (7) whether any allegedly 

false or misleading statement or omission was material under the federal securities laws. 

Attorneys’ Fees and Expenses: Court-appointed Lead Counsel will ask the Court for 

attorneys’ fees of up to 25% of the Settlement Fund and expenses not to exceed $50,000.00 to be 

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paid from the Settlement Fund plus interest. Lead Plaintiff may also apply for his time and expenses 

in representing the Class. Lead Counsel has not received any payment for its work investigating the 

facts, prosecuting this Litigation, and negotiating this settlement on behalf of the Lead Plaintiff and 

the Class. If the above amounts are requested and approved by the Court, the average cost per share 

of common stock will be approximately $0.02.2

More Information: www.ecotalitysecuritieslitigation.com or 

Claims Administrator: 

ECOtality Securities Litigation

Claims Administrator 

c/o Gilardi & Co. LLC 

P.O. Box 990 

Corte Madera, CA 94976-0990 

1-877-217-5880 

Representative of Lead Counsel: 

Rick Nelson 

Shareholder Relations 

Robbins Geller Rudman & Dowd LLP 

655 West Broadway, Suite 1900 

San Diego, CA 92101 

1-800-449-4900 

• Your legal rights are affected whether you act or do not act. Read this Notice carefully. 

YOUR LEGAL RIGHTS AND OPTIONS IN THIS SETTLEMENT 

SUBMIT A CLAIM FORM The only way to get a payment. Claim forms must be mailed 

or submitted online on or before -XQH, 2015. 

EXCLUDE YOURSELF Get no payment. Unless you exclude yourself from the Class, 

you will be unable to pursue any claims against the Defendants 

or any other Released Person related to the wrongdoing alleged 

in this lawsuit. Exclusions must be postmarked on or before

0D\2015. 

OBJECT You may write to the Court if you have any objection to the 

settlement, the request for attorneys’ fees and expenses, the 

requested award to Lead Plaintiff for his time and expenses in 

representing the Class, or the Plan of Allocation. Objections 

must be filed by 0D\, 2015. 

 

2

 The estimated costs of notice and settlement administration is $95,000.00. If the attorneys’ fees 

and expenses are approved by the Court and the notice and settlement administration costs are 

$95,000.00, the average cost per share would be approximately $0.03. 

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GO TO THE SETTLEMENT 

HEARING 

You may ask to speak in Court about the fairness of the 

settlement. Requests to speak must be filed with the Court on 

or before 0D\, 2015. The Court hearing on the 

settlement, Plan of Allocation and Lead Counsel’s request for 

an award of attorneys’ fees and expenses is scheduled for 

-XQH 2015, at DP.

3

DO NOTHING Get no payment. Give up your rights. 

• These rights and options — and the deadlines to exercise them — are explained in this 

Notice. 

• The Court in charge of this case must decide whether to approve the settlement. Payments 

will be made if the Court approves the settlement and, if there are any appeals, after appeals 

are resolved. Please be patient. 

BASIC INFORMATION 

1. Why did I get this notice package? 

You or someone in your family may have purchased ECOtality common stock between April 

16, 2013 and August 12, 2013. 

The Court directed that you be sent this Notice because you have a right to know about a 

proposed settlement of a class action lawsuit, and about all of your options, before the Court decides 

whether to approve the settlement. If the Court approves it and after any objections or appeals (if 

there are any) are resolved, the Claims Administrator appointed by the Court will make the payments 

that the settlement allows. 

This package explains the lawsuit, the settlement, your legal rights, what benefits are 

available, who is eligible for them, and how to get them. 

 

3

 The date and/or time of the Court hearing on the fairness of the settlement may change without 

further notice to the Class. If you plan on attending the Court hearing, please check the website, 

www.ecotalitysecuritieslitigation.com or call Rick Nelson, Shareholder Relations representative of 

Lead Counsel at 1-800-449-4900 to confirm that the date and/or time has not changed. 

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The Court in charge of the case is the United States District Court for the Northern District of 

California (the “Court”), and the case is known as In re ECOtality, Inc. Securities Litigation, Master 

File No. 3:13-cv-03791-SC. The person that leads the Litigation, Joseph W. Vale, is called the Lead 

Plaintiff and the individuals he sued are called Defendants.4

2. What is this lawsuit about? 

On August 15, 2013, Hua-Chen Jenny Lin and Jonathan W. Diamond filed a complaint for 

violations of the federal securities laws against ECOtality, H. Ravi Brar and Susie Herrmann (the 

“Lin” action). On August 19, 2013 and October 3, 2013, Eric M. Cohen (the “Cohen” action) and 

Francis X. Fleming, Jr. (the “Fleming” action), respectively filed substantially similar securities class 

actions in the Court. On October 15, 2013, six competing movants, including Joseph W. Vale 

(“Vale’), filed motions to consolidate the Lin, Cohen, and Fleming actions for all purposes. On 

December 13, 2013, the Court consolidated the Lin, Cohen, and Fleming actions for all purposes, 

appointed Vale as Lead Plaintiff, and appointed Robbins Geller Rudman & Dowd LLP as Lead 

Counsel. On January 31, 2014, Lead Plaintiff filed the Consolidated Amended Complaint for 

Violations of the Federal Securities Laws (the “Complaint”) against Defendants. 

The Complaint alleged that, before filing for bankruptcy, ECOtality, designed, manufactured, 

tested and sold electric vehicle (“EV”) charging and energy storage systems known as Blink 

chargers and derived most of its revenues from the Department of Energy (“DOE”) for its 

participation in the DOE’s Vehicle Technologies Program. In 2009, ECOtality was awarded a grant 

of $100.2 million to, among other things, deploy Blink chargers and analyze EV charger usage data 

(“EV Project”). The Complaint claimed that the EV Project was modified in 2012 such that 

ECOtality was scheduled to deploy 13,200 EV chargers by September 2013 and to complete data 

collection and analysis by December 31, 2013. 

Lead Plaintiff alleged in the Complaint that Defendants made materially false and misleading 

statements about the Company by purportedly falsely representing ECOtality would successfully 

 

4

 The Defendants in this Litigation are H. Ravi Brar, Susie Herrmann, Enrique Santacana, Kevin 

Cameron and Andrew Tang. ECOtality was not named as a defendant because of its bankruptcy 

filing. Messrs. Santacana, Cameron and Tang were dismissed from the Litigation with prejudice. 

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complete the EV Project and meet the installation and data collection milestones when, in fact, the 

DOE allegedly had concluded ECOtality would not. Lead Plaintiff also alleged that Defendants 

purportedly falsely represented the Company would begin deliveries of the Minit-Charger 12, an 

industrial EV charger, by 3Q13 when they allegedly knew of numerous problems with the 

development of the Minit-Charger 12 that would prevent any sales in 2013, and that Defendants 

purportedly falsely represented ECOtality was successfully transitioning the Company to selling its 

products and services without government subsidies when they allegedly knew unsubsidized sales 

were substantially less than necessary to support ECOtality’s operations. 

On May 2, 2014, Defendants filed a motion to dismiss the Complaint. On June 16, 2014, 

Lead Plaintiff filed an opposition, and on July 21, 2014, Defendants filed their reply. On September 

16, 2014, after vacating the August 22, 2014 hearing date, the Court issued an order granting 

Defendants’ motion to dismiss. Specifically, the Court dismissed with prejudice Lead Plaintiff’s 

claims (1) under Sections 11 and 15 of the Securities Act of 1933, (2) based on Defendants’ 

predictions about the release date of the Minit-Charger 12, and (3) based on Defendants’ statements 

about ECOtality’s transition away from the EV Project. The Court dismissed with leave to amend 

Lead Plaintiff’s claims based on Defendants’ statements about ECOtality’s progress under the EV 

Project. 

Defendants deny all of Lead Plaintiff’s allegations and further deny that they did anything 

wrong. Defendants also deny that Lead Plaintiff or the Class suffered damages or that the price of 

ECOtality common stock was artificially inflated by reasons of alleged misrepresentations, nondisclosures or otherwise. Further, Defendants deny that any false statements were made, that any 

Defendant acted with scienter, and that Lead Plaintiff pled any actionable purported misstatement or 

omission. 

3. Why is this a class action? 

In a class action, one or more people called class representatives (in this case, the Lead 

Plaintiff Joseph W. Vale), sue on behalf of people who have similar claims. All of these people 

and/or entities are called a class or class members. One judge – in this case, United States Senior 

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District Court Judge Samuel Conti – resolves the issues for all class members, except for those who 

exclude themselves from the class. 

4. Why is there a settlement? 

The Court did not decide in favor of the Lead Plaintiff or Defendants. Instead, the lawyers 

for both sides of the lawsuit have negotiated a settlement that they believe is in the best interests of 

their respective clients. The settlement allows both sides to avoid the risks and cost of lengthy and 

uncertain litigation and the uncertainty of a trial and appeals, and permits Class Members to be 

compensated without further delay. The Lead Plaintiff and his attorneys think the settlement is best 

for all Class Members. The Defendants have concluded that further defense of the Litigation would 

be protracted and expensive, and that it is desirable that the Litigation be fully and finally settled in 

the manner and upon the terms and conditions set forth in the Stipulation. Defendants have also 

taken into account the uncertainty and risks inherent in any litigation, especially in complex cases 

such as this Litigation. 

WHO GETS MONEY FROM THE SETTLEMENT 

To see if you will get money from this settlement, you first have to determine if you are a 

Class Member. 

5. How do I know if I am part of the settlement? 

The Class includes all persons who purchased ECOtality common stock between April 16, 

2013 and August 12, 2013, and were damaged thereby. 

6. Are there exceptions to being included in the Class? 

Yes. Excluded from the Class are (a) all Defendants and their immediate families, (b) 

ECOtality’s former and current officers and directors and their immediate families, and (c) any entity 

in which these excluded persons have a controlling interest. Also excluded from the Class are those 

Persons who timely and validly request exclusion from the Class. 

7. I’m still not sure if I am included. 

If you still are not sure whether you are included, you can ask for free help. You can call 1-

877-217-5880 or visit www.ecotalitysecuritieslitigation.com for more information; or, you can call 

Rick Nelson at 1-800-449-4900 for more information. 

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THE SETTLEMENT BENEFITS – WHAT YOU GET 

8. What does the settlement provide? 

The Defendants have agreed to cause to be paid $1,100,000 in cash (the “Settlement Fund”). 

The Settlement Fund, plus interest earned from the date it is established, less costs, fees, and 

expenses (the “Net Settlement Fund”), will be divided among all eligible Class Members who send 

in valid Proofs of Claim (“Authorized Claimants”). Costs, fees, and expenses include Courtapproved attorneys’ fees and expenses, the time and expenses of Lead Plaintiff approved by the 

Court, the costs of notifying Class Members, including the costs of printing and mailing this Notice 

and the cost of publishing newspaper notice, the costs of claims administration, and taxes on the 

Settlement Fund. 

9. How much will my payment be? 

Your share of the Net Settlement Fund will depend on the number of valid Proofs of Claim 

that Class Members send in and how many shares of ECOtality common stock you purchased during 

the relevant period and when you bought and sold them. 

For purposes of determining the amount an Authorized Claimant may recover under the Plan 

of Allocation, Lead Plaintiff’s counsel conferred with their damages consultant and the Plan of 

Allocation reflects an assessment of damages that they believe could have been recovered had Lead 

Plaintiff prevailed at trial. 

In the unlikely event there are sufficient funds in the Net Settlement Fund, each Authorized 

Claimant will receive an amount equal to the Authorized Claimant’s claim, as defined below. If, 

however, the amount in the Net Settlement Fund is not sufficient to permit payment of the total 

claim of each Authorized Claimant, then each Authorized Claimant shall be paid the percentage of 

the Net Settlement Fund that each Authorized Claimant’s claim bears to the total of the claims of all 

Authorized Claimants. Payment in this manner shall be deemed conclusive against all Authorized 

Claimants. 

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The calculation of claims below is not an estimate of the amount you will receive. It is a 

formula for allocating the Net Settlement Fund among all Authorized Claimants.5

Class Period: April 16, 2013 – August 12, 2013 

The allocation is based on the August 12, 2013 price decline of $1.16. 

1. For shares of ECOtality common stock purchased on or between April 16, 2013 

through August 11, 2013, the claim per share shall be as follows: 

 a) If sold prior to August 12, 2013, the claim per share is $0.00. 

 b) If retained, or sold, on or after August 12, 2013, the claim per share shall be 

the lesser of: (i) $1.16 (August 12, 2013 price decline), or (ii) the difference between the purchase 

price per share and $0.31 per share (August 12, 2013 closing price), or (iii) the difference between 

the purchase price per share the sales price per share. 

2. For shares of ECOtality common stock purchased on August 12, 2013, the claim per 

share shall be $0.00.6

For Class Members who held ECOtality common stock at the beginning of the Class Period 

or made multiple purchases or sales during the Class Period, the first-in, first-out (“FIFO”) method 

will be applied to such holdings, purchases, and sales for purposes of calculating a claim. Under the 

FIFO method, sales of ECOtality common stock during the Class Period will be matched in 

chronological order, first against common stock held at the beginning of the Class Period. The 

remaining sales of ECOtality common stock during the Class Period will then be matched, in 

chronological order, against ECOtality common stock purchased during the Class Period. 

An Authorized Claimant will be eligible to receive a distribution from the Net Settlement 

Fund only if a Class Member had a net loss, after all profits from transactions in ECOtality common 

stock during the Class Period are subtracted from all losses. However, the proceeds from sales of 

 

5

 If any of the formulas set forth below yield an amount less than $0.00 the claim per share is 

$0.00. 

6

 Please note that although the Class Period includes August 12, 2013, shares of ECOtality 

common stock that were purchased on August 12, 2013 are not eligible for a recovery under the Plan 

of Allocation because the disclosure made on August 12, 2013 that Lead Plaintiff alleges corrected 

earlier alleged misrepresentations and omissions was made before the opening of trading that day. 

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ECOtality common stock which have been matched against ECOtality common stock held at the 

beginning of the Class Period will not be used in the calculation of such net loss. 

The Court has reserved jurisdiction to allow, disallow or adjust the claim of any Class 

Member on equitable grounds. 

Payment pursuant to the Plan of Allocation set forth above shall be conclusive against all 

Authorized Claimants. No Person shall have any claim against Lead Plaintiff, any counsel for Lead 

Plaintiff, any claims administrator or other Person designated by Lead Plaintiff’s counsel, 

Defendants, the Related Parties, the Released Persons, or counsel for Defendants based on 

distributions made substantially in accordance with the Stipulation and the settlement contained 

therein, the Plan of Allocation, or further orders of the Court. All Class Members who fail to 

complete and file a valid and timely Proof of Claim shall be barred from participating in 

distributions from the Net Settlement Fund (unless otherwise ordered by the Court), but otherwise 

shall be bound by all of the terms of the Stipulation, including the terms of any judgment entered and 

the releases given. 

HOW YOU GET A PAYMENT – SUBMITTING A CLAIM FORM 

10. How will I get a payment? 

To qualify for a payment, you must send in a Proof of Claim. A Proof of Claim is enclosed 

with this Notice or it can be downloaded at www.ecotalitysecuritieslitigation.com. Read the 

instructions carefully, fill out the form, include all the documents the form asks for, sign it, and mail 

it in the enclosed envelope or submit it online no later than -XQH, 2015. The claim form may 

be submitted online at www.ecotalitysecuritieslitigation.com. 

11. When would I get my payment? 

The Court will hold a hearing on -XQH, 2015, at DP, to decide whether to approve 

the settlement.7 If Judge Conti approves the settlement, there may be appeals. It is always uncertain 

whether these appeals can be resolved favorably, and resolving them can take time, perhaps more 

 

7

 The date and/or time of the Court hearing on the fairness of the settlement may change without 

further notice to the Class. If you plan on attending the Court hearing, please check the website, 

www.ecotalitysecuritieslitigation.com or call Rick Nelson, Shareholder Relations representative of 

Lead Counsel at 1-800-449-4900 to confirm that the date and/or time has not changed. 

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than a year. It also takes time for all the claim forms to be processed. If there are no appeals and 

depending on the number of claims submitted, the Claims Administrator could distribute the Net 

Settlement Fund as early as nine months after the fairness hearing. Please be patient. 

12. What am I giving up to get a payment or stay in the Class? 

Unless you exclude yourself, you are staying in the Class, and that means that you cannot 

sue, continue to sue, or be part of any other lawsuit against the Defendants about the same issues in 

this case or about issues that could have been asserted in this case. It also means that all of the 

Court’s orders will apply to you and legally bind you and you will release your Released Claims in 

this case against Defendants and their Related Parties. “Released Claims” means any and all claims, 

debts, demands, disputes, rights, causes of action, suits, matters, damages, or liabilities of any kind, 

nature, and character whatsoever (including, but not limited to, any claims for damages, interest, 

attorneys’ fees, expert or consulting fees, and any and all other costs, expenses or liabilities 

whatsoever), whether under federal, state, local, statutory, common law, foreign law, or any other 

law, rule or regulation, whether fixed or contingent, accrued or unaccrued, liquidated or 

unliquidated, at law or in equity, matured or unmatured, including Unknown Claims (as defined in 

the Stipulation), whether or not concealed or hidden (including, but not limited to, claims for 

securities fraud, negligence, gross negligence, professional negligence, breach of any duty of care 

and/or breach of duty of loyalty, fraud, breach of fiduciary duty, aiding and abetting a breach of 

fiduciary duty, breach of contract, unjust enrichment, corporate waste, or violations of any statutes, 

rules, duties or regulations) that have been or could have been or in the future could be asserted in 

any forum, whether foreign or domestic, by Lead Plaintiff or any Class Member, or any Person 

claiming through or on behalf of them, against any of the Released Persons that concern, arise out of, 

are based on or relate in any way, directly or indirectly, to the allegations, acts, transactions, facts, 

events, representations, or omissions involved or alleged in the Litigation, or which could have been 

alleged. “Released Claims” further includes any and all claims arising out of, based upon or related 

to the Settlement or resolution of the Litigation, except for any alleged breaches of the Stipulation. 

“Related Parties” means ECOtality’s and each Defendant’s past or present directors, officers, 

employees, partners, members, insurers, co-insurers, reinsurers, controlling shareholders, attorneys, 

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advisors, accountants, auditors, representatives, predecessors, successors, direct or indirect parents, 

direct or indirect subsidiaries, affiliates, divisions, joint ventures, agents, assigns, spouses, heirs, 

executors, estates, bankruptcy estates, administrators, related or affiliated entities, any entity in 

which ECOtality or a Defendant has a controlling interest, any members of any Defendant’s 

immediate family, or any trust of which any Defendant is the settlor or which is for the benefit of 

any Defendant or his or her family. 

EXCLUDING YOURSELF FROM THE SETTLEMENT 

If you do not want a payment from this settlement, but you want to keep the right to sue or 

continue to sue the Defendants on your own about the same issues in this case, then you must take 

steps to get out of the Class. This is called excluding yourself or is sometimes referred to as opting 

out of the Class.

13. How do I get out of the Class? 

To exclude yourself from the Class, you must send a letter by mail stating that you want to be 

excluded from In re ECOtality, Inc. Securities Litigation, Master File No. 3:13-cv-03791-SC. You 

must include your name, address, telephone number and your signature. You must mail your 

exclusion request postmarked no later than 0D\, 2015 to: 

ECOtality Securities Litigation

Claims Administrator 

c/o Gilardi & Co. LLC 

P.O. Box 990 

Corte Madera, CA 94976-0990 

You cannot exclude yourself on the phone or by e-mail. If you ask to be excluded, you are 

not eligible to get any settlement payment, and you cannot object to the settlement. You will not be 

legally bound by anything that happens in this lawsuit. 

14. If I do not exclude myself, can I sue Defendants for the same thing later? 

No. Unless you exclude yourself, you give up any right to sue Defendants or any Released 

Person for the claims that this settlement resolves. Remember, the exclusion deadline is 0D\, 

2015. 

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15. If I exclude myself, can I get money from this settlement? 

No. If you exclude yourself, do not send in a Proof of Claim to ask for any money. Once 

you exclude yourself, you will receive no cash payment even if you also submit a Proof of Claim. 

THE LAWYERS REPRESENTING YOU 

16. Do I have a lawyer in this case? 

The Court appointed the law firm of Robbins Geller Rudman & Dowd LLP to represent you 

and other Class Members. These lawyers are called Lead Counsel. These lawyers will apply to the 

Court for payment from the Settlement Fund; you will not otherwise be charged for their work. If 

you want to be represented by your own lawyer, you may hire one at your own expense. 

17. How will the lawyers be paid? 

At the fairness hearing, Lead Counsel will request the Court to award attorneys’ fees of up to 

25% of the Settlement Fund and expenses up to $50,000.00, in connection with the Litigation. Lead 

Plaintiff will also request approximately $2,000.00 for his time and expenses in representing the 

Class. If awarded, the cost would be approximately $0.02 per share. This compensation will be paid 

from the Settlement Fund. Class Members are not personally liable for any such fees or expenses. 

To date, Lead Counsel has not received any payment for its services in conducting this Litigation on 

behalf of the Lead Plaintiff and the Class, nor has counsel been paid for its expenses. The fee 

requested will compensate Lead Counsel for its work in achieving the Settlement Fund and is well 

within the range of fees awarded to class counsel under similar circumstances in other cases of this 

type. The Court may award less than this amount. 

OBJECTING TO THE SETTLEMENT 

You can tell the Court that you do not agree with the settlement, the Plan of Allocation, Lead 

Counsel’s request for an award of attorneys’ fees and expenses, or Lead Plaintiff’s expenses. 

18. How do I tell the Court that I do not like the settlement? 

If you are a Class Member (and you have not excluded yourself), you can object to the 

settlement, the request for attorneys’ fees and expenses, the requested award to Lead Plaintiff for his 

time and expenses in representing the Class, or the Plan of Allocation if you do not like any part of 

it. The Court can only approve or deny the settlement. You cannot ask the Court to order a larger 

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settlement. If the Court denies the settlement, no settlement payments will be sent out and the 

lawsuit will continue. You can give reasons why you think the Court should not approve the 

settlement, the request for attorneys’ fees and expenses, the requested award to Lead Plaintiff, or the 

Plan of Allocation. The Court will consider your views. To object, you must file an objection 

saying that you object to the proposed settlement in In re ECOtality, Inc. Securities Litigation, 

Master File No. 3:13-cv-03791-SC. Be sure to include your name, address, telephone number, your 

signature, the number of shares of ECOtality common stock purchased between April 16, 2013 and 

August 12, 2013, and the reasons you object to the settlement, the requested attorneys’ fees and 

expenses, the requested award to Lead Plaintiff, and/or the Plan of Allocation. Any such objection 

must be submitted to the Court below by filing or mailing them to the Class Action Clerk at the 

address below or by filing them in person at any location of the United States District Court for the 

Northern District of California, such that they are filed on or before 0D\, 2015.

United States District Court 

Class Action Clerk 

Northern District of California 

450 Golden Gate Avenue 

San Francisco, CA 94102 

19. What is the difference between objecting and excluding myself from the 

settlement? 

Objecting is telling the Court that you do not like something about the proposed settlement. 

You can object only if you stay in the Class. Excluding yourself is telling the Court that you do not 

want to be part of the Class. If you exclude yourself, you have no basis to object because the case no 

longer applies to you. 

THE COURT’S FAIRNESS HEARING 

The Court will hold a hearing to decide whether to approve the proposed settlement. You 

may attend, but you do not have to. 

20. When and where will the Court decide whether to approve the settlement? 

The Court will hold a hearing at DP, on -XQH, 2015, at the United States District 

Court for the Northern District of California, 450 Golden Gate Avenue, Courtroom 1, San Francisco, 

CA 94102. At this hearing, the Court will consider whether the settlement is fair, reasonable, and 

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adequate. If there are objections, the Court will consider them. The Court will listen to people who 

have asked to speak at the hearing. The Court will also decide whether to approve the payment of 

attorneys’ fees and expenses to Lead Counsel, whether to approve the expenses of Lead Plaintiff, 

and whether to approve the Plan of Allocation. We do not know how long the hearing will take or 

whether the Court will make its decision on the day of the hearing or sometime later. 

21. Do I have to come to the hearing? 

No. Lead Counsel will answer questions Judge Conti may have. But, you are welcome to 

come at your own expense. If you send an objection, you do not have to come to Court to talk about 

it. As long as you mailed your written objection on time, the Court will consider it. You may also 

pay your own lawyer to attend, but you are not required to do so. 

22. May I speak at the hearing? 

You may ask the Court for permission to speak at the hearing. To do so, you must send a 

letter saying that it is your intention to appear in In re ECOtality, Inc. Securities Litigation, Master 

File No. 3:13-cv-03791-SC. Be sure to include your name, address, telephone number, your 

signature, and the number of shares of ECOtality common stock purchased between April 16, 2013 

and August 12, 2013. Your notice of intention to appear must be filed with the Class Action Clerk, 

at the address listed in Question 18 or filed at any location of the United States District Court for the 

Northern District of California on or before 0D\ 2015. You cannot speak at the hearing 

if you exclude yourself from the Class. 

IF YOU DO NOTHING 

23. What happens if I do nothing at all? 

If you do nothing, you will get no money from this settlement. But, unless you exclude 

yourself, you will not be able to start a lawsuit, continue with a lawsuit, or be part of any other 

lawsuit against the Defendants or the Released Persons about the same issues in this case. 

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GETTING MORE INFORMATION 

24. Are there more details about the settlement? 

This Notice summarizes the proposed settlement. For the complete terms and conditions of 

the settlement, please see the Stipulation available at www.ecotalitysecuritieslitigation.com. You 

can also call 1-800-449-4900 or write to a representative of Lead Counsel, Rick Nelson, Shareholder 

Relations, Robbins Geller Rudman & Dowd LLP, 655 West Broadway, Suite 1900, San Diego, CA 

92101 for more information about the settlement or the Litigation. You can also access the Court 

docket in this case through the Court’s Public Access to Electronic Records (PACER) System at 

https://ecf.cand.uscourts.gov, or by visiting the office of the Clerk of the Court for the United States 

District Court for the Northern District of California, 450 Golden Gate Avenue, San Francisco, CA 

94102, between 9:00 a.m. and 4:00 p.m., Monday through Friday, excluding Court holidays. 

PLEASE DO NOT CALL THE COURT OR THE CLERK OF THE COURT FOR ADDITIONAL 

INFORMATION ABOUT THE SETTLEMENT OR THE CLAIMS PROCESS.

25. Special notice to banks, brokers, and other nominees 

If you held any ECOtality common stock purchased between April 16, 2013 and August 12, 

2013, as a nominee for a beneficial owner, then, within ten (10) days after you receive this Notice, 

you must either: (1) send a copy of this Notice by First-Class Mail to all such Persons; or (2) provide 

a list of the names and addresses of such Persons to the Claims Administrator: 

ECOtality Securities Litigation

Claims Administrator 

c/o Gilardi & Co. LLC 

P.O. Box 990 

Corte Madera, CA 94976-0990 

If you choose to mail the Notice and Proof of Claim yourself, you may obtain from the 

Claims Administrator (without cost to you) as many additional copies of these documents as you 

will need to complete the mailing. 

Regardless of whether you choose to complete the mailing yourself or elect to have the 

mailing performed for you, you may obtain reimbursement for or advancement of reasonable 

administrative costs actually incurred or expected to be incurred in connection with forwarding the 

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978712_5 NOTICE OF PROPOSED SETTLEMENT OF CLASS ACTION - 3:13-cv-03791-SC - 17 -

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Notice and which would not have been incurred but for the obligation to forward the Notice, upon 

submission of appropriate documentation to the Claims Administrator. 

DATED: __________________, 2015 BY ORDER OF THE COURT 

UNITED STATES DISTRICT COURT 

NORTHERN DISTRICT OF CALIFORNIA

Case 3:13-cv-03791-SC Document 84 Filed 03/06/15 Page 29 of 44
EXHIBIT A-2

Case 3:13-cv-03791-SC Document 84 Filed 03/06/15 Page 30 of 44
978775_4 

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ROBBINS GELLER RUDMAN 

 & DOWD LLP 

CHRISTOPHER P. SEEFER (201197) 

KENNETH J. BLACK (291871) 

Post Montgomery Center 

One Montgomery Street, Suite 1800 

San Francisco, CA 94104 

Telephone: 415/288-4545 

415/288-4534 (fax) 

chriss@rgrdlaw.com 

kennyb@rgrdlaw.com 

– and – 

JEFFREY D. LIGHT (159515) 

655 West Broadway, Suite 1900 

San Diego, CA 92101 

Telephone: 619/231-1058 

619/231-7423 (fax) 

jeffl@rgrdlaw.com 

Lead Counsel for Plaintiffs 

UNITED STATES DISTRICT COURT 

NORTHERN DISTRICT OF CALIFORNIA 

In re ECOTALITY, INC. SECURITIES 

LITIGATION 

This Document Relates To: 

ALL ACTIONS. 

) 

) 

) 

) 

) 

) 

) 

) 

) 

Master File No. 3:13-cv-03791-SC 

CLASS ACTION 

PROOF OF CLAIM AND RELEASE 

EXHIBIT A-2 

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978775_4 PROOF OF CLAIM AND RELEASE - 3:13-cv-03791-SC - 1 -

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I. GENERAL INSTRUCTIONS 

1. To recover as a Member of the Class based on your claims in the consolidated action 

entitled In re ECOtality, Inc. Securities Litigation, Master File No. 3:13-cv-03791-SC (the 

“Litigation”), you must complete and, on page ___ hereof, sign this Proof of Claim and Release form 

(“Proof of Claim”). If you fail to file a properly addressed (as set forth in paragraph 3 below) Proof 

of Claim, your claim may be rejected and you may be precluded from any recovery from the Net 

Settlement Fund created in connection with the proposed Settlement. 

2. Submission of this Proof of Claim, however, does not assure that you will share in the 

proceeds of the Settlement of the Litigation. 

3. YOU MUST MAIL OR SUBMIT ONLINE YOUR COMPLETED AND SIGNED 

PROOF OF CLAIM POSTMARKED ON OR BEFORE -XQH, 2015, ADDRESSED AS 

FOLLOWS: 

ECOtality Securities Litigation 

Claims Administrator

c/o Gilardi & Co. LLC 

P.O. Box 990 

Corte Madera, CA 94976-0990 

www.ecotalitysecuritieslitigation.com 

If you are NOT a Member of the Class (as defined in the Notice of Proposed Settlement of Class 

Action (“Notice”)) DO NOT submit a Proof of Claim. 

4. If you are a Member of the Class and you did not timely request exclusion in 

connection with the proposed Settlement, you are bound by the terms of any judgment entered in the 

Litigation, including the releases provided therein, WHETHER OR NOT YOU SUBMIT A PROOF 

OF CLAIM. 

II. CLAIMANT IDENTIFICATION 

If you purchased ECOtality, Inc. (“ECOtality”) common stock and held the certificate(s) in 

your name, you are the beneficial purchaser as well as the record purchaser. If, however, you 

purchased ECOtality common stock and the certificate(s) were registered in the name of a third 

party, such as a nominee or brokerage firm, you are the beneficial purchaser and the third party is the 

record purchaser. 

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Use Part I of this form entitled “Claimant Identification” to identify each purchaser of record 

(“nominee”), if different from the beneficial purchaser of ECOtality common stock which forms the 

basis of this claim. THIS CLAIM MUST BE FILED BY THE ACTUAL BENEFICIAL 

PURCHASER(S) OR THE LEGAL REPRESENTATIVE OF SUCH PURCHASER(S) OF THE 

ECOTALITY COMMON STOCK UPON WHICH THIS CLAIM IS BASED. 

All joint purchasers must sign this claim. Executors, administrators, guardians, conservators, 

and trustees must complete and sign this claim on behalf of persons represented by them and their 

authority must accompany this claim and their titles or capacities must be stated. The Social 

Security (or taxpayer identification) number and telephone number of the beneficial owner may be 

used in verifying the claim. Failure to provide the foregoing information could delay verification of 

your claim or result in rejection of the claim. 

III. CLAIM FORM 

Use Part II of this form entitled “Schedule of Transactions in ECOtality Common Stock” to 

supply all required details of your transaction(s) in ECOtality common stock. If you need more 

space or additional schedules, attach separate sheets giving all of the required information in 

substantially the same form. Sign and print or type your name on each additional sheet. 

On the schedules, provide all of the requested information with respect to all of your 

purchases and all of your sales of ECOtality common stock which took place beginning on April 16, 

2013 through and including August 12, 2013 (the “Class Period”), whether such transactions resulted 

in a profit or a loss. You must also provide all of the requested information with respect to all of the 

shares of ECOtality common stock you held at the close of trading on April 15, 2013 and August 12, 

2013. Failure to report all such transactions may result in the rejection of your claim. 

List each transaction in the Class Period separately and in chronological order, by trade date, 

beginning with the earliest. You must accurately provide the month, day, and year of each 

transaction you list. 

The date of covering a “short sale” is deemed to be the date of purchase of ECOtality 

common stock. The date of a “short sale” is deemed to be the date of sale of ECOtality common 

stock. 

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Copies of broker confirmations or other documentation of your transactions in ECOtality 

common stock should be attached to your claim. If you do not have documentation from your 

broker, you may also attach any documents or schedules that you attached to any federal tax return 

that reflect Class Period purchases of ECOtality common stock or the sale of ECOtality common 

stock. Failure to provide this documentation could delay verification of your claim or result in 

rejection of your claim. 

NOTICE REGARDING ELECTRONIC FILES: Certain claimants with large numbers of 

transactions may request, or may be requested, to submit information regarding their transactions in 

electronic files. All claimants MUST submit a manually signed paper Proof of Claim whether or not 

they also submit electronic copies. If you wish to file your claim electronically, you must contact the 

Claims Administrator at 1-877-217-5880 to obtain the required file layout. No electronic files will 

be considered to have been properly submitted unless the Claims Administrator issues to the 

claimant a written acknowledgment of receipt and acceptance of electronically submitted data. 

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UNITED STATES DISTRICT COURT 

NORTHERN DISTRICT OF CALIFORNIA 

In re ECOtality, Inc. Securities Litigation, Master File No. 3:13-cv-03791-SC 

PROOF OF CLAIM AND RELEASE 

Must Be Postmarked or Received No Later Than: 

___________, 2015 

Please Type or Print 

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PART II: SCHEDULE OF TRANSACTIONS IN ECOTALITY COMMON STOCK 

A. Number of shares of ECOtality common stock held at the close of trading on April 

15, 2013: 

B. Purchases of ECOtality common stock (April 16, 2013-August 12, 2013, inclusive): 

IMPORTANT: If any purchase listed above covered a “short sale,” please mark yes: 

○ Yes 

C. Sales of ECOtality common stock (April 16, 2013 – August 12, 2013, inclusive): 

D. Number of shares of ECOtality common stock held at the close of trading on August 

12, 2013: 

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YOU MUST READ AND SIGN THE RELEASE ON PAGE __. FAILURE TO SIGN 

THE RELEASE MAY RESULT IN A DELAY IN PROCESSING OR THE REJECTION OF 

YOUR CLAIM. 

IV. SUBMISSION TO JURISDICTION OF COURT AND 

ACKNOWLEDGMENTS 

I (We) submit this Proof of Claim under the terms of the Stipulation of Settlement described 

in the Notice. I (We) also submit to the jurisdiction of the United States District Court for the 

Northern District of California, with respect to my (our) claim as a Class Member and for purposes 

of enforcing the release set forth herein. I (We) further acknowledge that I am (we are) bound by 

and subject to the terms of any judgment that may be entered in the Litigation. I (We) agree to 

furnish additional information to the Claims Administrator to support this claim if requested to do 

so. I (We) have not submitted any other claim covering the same purchases or sales of ECOtality 

common stock (other than a claim in ECOtality’s bankruptcy proceedings) during the Class Period 

and know of no other person having done so on my (our) behalf. 

V. RELEASE 

1. I (We) hereby acknowledge full and complete satisfaction of, and do hereby fully, 

finally, and forever settle, release, and discharge from the Released Claims each and all of the 

“Released Persons,” defined as ECOtality and each and all of the Defendants and their Related 

Parties. “Related Parties” means ECOtality’s and each Defendant’s past or present directors, 

officers, employees, partners, members, insurers, co-insurers, reinsurers, controlling shareholders, 

attorneys, advisors, accountants or auditors, representatives, predecessors, successors, direct or 

indirect parents, direct or indirect subsidiaries, affiliates, divisions, joint ventures, agents, assigns, 

spouses, heirs, executors, estates, bankruptcy estates, administrators, related or affiliated entities, any 

entity in which ECOtality or a Defendant has a controlling interest, any members of any Defendant’s 

immediate family, or any trust of which any Defendant is the settlor or which is for the benefit of 

any Defendant or his or her family. 

2. “Released Claims” means any and all claims, debts, demands, disputes, rights, causes 

of action, suits, matters, damages, or liabilities of any kind, nature, and character whatsoever 

Case 3:13-cv-03791-SC Document 84 Filed 03/06/15 Page 37 of 44
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(including, but not limited to, any claims for damages, interest, attorneys’ fees, expert or consulting 

fees, and any and all other costs, expenses or liabilities whatsoever), whether under federal, state, 

local, statutory, common law, foreign law, or any other law, rule or regulation, whether fixed or 

contingent, accrued or unaccrued, liquidated or unliquidated, at law or in equity, matured or 

unmatured, including Unknown Claims (as defined herein), whether or not concealed or hidden 

(including, but not limited to, claims for securities fraud, negligence, gross negligence, professional 

negligence, breach of any duty of care and/or breach of duty of loyalty, fraud, breach of fiduciary 

duty, aiding and abetting a breach of fiduciary duty, breach of contract, unjust enrichment, corporate 

waste, or violations of any statutes, rules, duties or regulations) that have been or could have been or 

in the future could be asserted in any forum, whether foreign or domestic, by Lead Plaintiff or any 

Class Member, or any Person claiming through or on behalf of them, against any of the Released 

Persons that concern, arise out of, are based on or relate in any way, directly or indirectly, to the 

allegations, acts, transactions, facts, events, representations, or omissions involved or alleged in the 

Litigation, or which could have been alleged. “Released Claims” further includes any and all claims 

arising out of, based upon or related to the Settlement or resolution of the Litigation, except for any 

alleged breaches of the Stipulation. 

3. “Unknown Claims” means, collectively, any and all claims, demands, rights, 

liabilities, and causes of action of every nature and description which Lead Plaintiff or any Class 

Member does not know or suspect to exist in his, her, or its favor at or after the time of the release of 

the Released Persons (pursuant to the terms of the Stipulation) which, if known by him, her, or it, 

might have affected his, her, or its settlement with and release of the Released Persons, or might 

have affected his, her, or its decisions not to object to this Settlement. With respect to any and all 

Released Claims, the Settling Parties stipulate and agree that, upon the Effective Date, Lead Plaintiff 

expressly waives and relinquishes, and each of the Class Members is hereby deemed to have waived 

and relinquished, and by operation of the Final Order and Judgment shall have, waived and 

relinquished, the provisions, rights, and benefits of California Civil Code §1542, which provides: 

A general release does not extend to claims which the creditor does not 

know or suspect to exist in his or her favor at the time of executing the release, 

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which if known by him or her must have materially affected his or her 

settlement with the debtor. 

Lead Plaintiff shall expressly waive and relinquish, and each of the Class Members shall be deemed 

to have, and by operation of the Final Order and Judgment shall have, expressly waived and 

relinquished, any and all provisions, rights, and benefits conferred by any law of any state or 

territory of the United States, or principle of common law, which is similar, comparable or 

equivalent to California Civil Code §1542. Lead Plaintiff and/or any Class Members may hereafter 

discover facts in addition to or different from those which he, she or it now knows or believes to be 

true with respect to the subject matter of the Released Claims, but Lead Plaintiff upon the Effective 

Date shall expressly, fully, finally, and forever settle and release and each Class Member, upon the 

Effective Date, shall be deemed to have, and by operation of the Final Order and Judgment shall 

have, fully, finally, and forever settled and released any and all Released Claims, whether the 

Released Claims are known or unknown, suspected or unsuspected, contingent or non-contingent, or 

concealed or hidden, which now exist, or heretofore have existed, upon any theory of law or equity 

now existing or coming into existence in the future, including, but not limited to, conduct which is 

negligent, intentional, with or without malice, or a breach of any duty, law or rule, without regard to 

the subsequent discovery or existence of any additional or different facts. Lead Plaintiff 

acknowledges, and the Class Members shall be deemed by operation of the Final Order and 

Judgment to have acknowledged, that the foregoing waiver and inclusion of Unknown Claims in the 

definition of Released Claims were separately bargained for and are key elements of the Settlement 

of which this release is a part. 

4. I (We) hereby warrant and represent that I (we) have not assigned or transferred or 

purported to assign or transfer, voluntarily or involuntarily, any matter released pursuant to this 

release or any other part or portion thereof. 

5. I (We) hereby warrant and represent that I (we) have included information about all 

of my (our) transactions in ECOtality common stock which occurred during the Class Period as well 

as the number of shares of ECOtality common stock held by me (us) at the close of trading on April 

15, 2013 and August 12, 2013. 

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I (We) declare under penalty of perjury under the laws of the United States of America that 

all of the foregoing information supplied on this Proof of Claim by the undersigned is true and 

correct. 

Case 3:13-cv-03791-SC Document 84 Filed 03/06/15 Page 40 of 44
EXHIBIT A-3

Case 3:13-cv-03791-SC Document 84 Filed 03/06/15 Page 41 of 44
978798_3 

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ROBBINS GELLER RUDMAN 

 & DOWD LLP 

CHRISTOPHER P. SEEFER (201197) 

KENNETH J. BLACK (291871) 

Post Montgomery Center 

One Montgomery Street, Suite 1800 

San Francisco, CA 94104 

Telephone: 415/288-4545 

415/288-4534 (fax) 

chriss@rgrdlaw.com 

kennyb@rgrdlaw.com 

– and – 

JEFFREY D. LIGHT (159515) 

655 West Broadway, Suite 1900 

San Diego, CA 92101 

Telephone: 619/231-1058 

619/231-7423 (fax) 

jeffl@rgrdlaw.com 

Lead Counsel for Plaintiffs 

UNITED STATES DISTRICT COURT 

NORTHERN DISTRICT OF CALIFORNIA 

In re ECOTALITY, INC. SECURITIES 

LITIGATION 

This Document Relates To: 

ALL ACTIONS. 

) 

) 

) 

) 

) 

) 

) 

) 

) 

Master File No. 3:13-cv-03791-SC 

CLASS ACTION 

SUMMARY NOTICE 

EXHIBIT A-3 

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TO: ALL PERSONS WHO PURCHASED ECOTALITY, INC. (“ECOTALITY”) COMMON 

STOCK BEGINNING ON APRIL 16, 2013 AND THROUGH AND INCLUDING 

AUGUST 12, 2013, AND WERE DAMAGED THEREBY 

YOU ARE HEREBY NOTIFIED that pursuant to an Order of the United States District 

Court for the Northern District of California, a hearing will be held on-XQH, 2015, at 

Dm., before the Honorable Samuel Conti, United States Senior District Judge, at the United States 

District Court for the Northern District of California, 450 Golden Gate Avenue, Courtroom 1, San 

Francisco, CA 94102, for the purpose of determining: (1) whether the proposed Settlement of the 

Litigation for the sum of $1,100,000 in cash should be approved by the Court as fair, reasonable, and 

adequate; (2) whether the Plan of Allocation of Settlement proceeds is fair, reasonable, and adequate 

and therefore should be approved; (3) whether Lead Counsel’s application for the payment of 

attorneys’ fees of up to 25% of the Settlement proceeds and expenses incurred in connection with 

this Litigation, together with interest thereon, should be approved; (4) whether and in what amount 

Lead Plaintiff should be paid for his time and expenses in representing the Class; and (5) whether the 

Court should enter the Order Approving the Settlement and Order of Dismissal and the Judgment 

and dismiss the Litigation with prejudice. 

If you purchased ECOtality common stock beginning on April 16, 2013 and through and 

including August 12, 2013, and were damaged thereby, your rights may be affected by this 

Litigation and the Settlement thereof. If you have not received a detailed Notice of Proposed 

Settlement of Class Action and a copy of the Proof of Claim and Release form, you may obtain 

copies by writing to ECOtality Securities Litigation, Claims Administrator, c/o Gilardi & Co. LLC, 

P.O. Box 990, Corte Madera, CA 94976-0990, or by downloading this information at 

www.ecotalitysecuritieslitigation.com. If you are a Class Member, in order to share in the 

distribution of the Net Settlement Fund, you must submit a Proof of Claim and Release form 

postmarked no later than -XQH, 2015, establishing that you are entitled to a recovery. You will 

be bound by any judgment rendered in the Litigation unless you request to be excluded, in writing, to 

the above address of the Claims Administrator, postmarked by 0D\, 2015. 

Any objection to any aspect of the Settlement must be mailed or filed with the Class Action 

Clerk at the United States District Court for the Northern District of California, 450 Golden Gate 

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Avenue, San Francisco, CA 94102 or filed in person at any location for the Northern District of 

California, such that it is filed on or before May 19, 2015. 

PLEASE DO NOT CONTACT THE COURT OR THE CLERK’S OFFICE 

REGARDING THIS NOTICE. 

DATED: _____________, 2015 BY ORDER OF THE COURT 

UNITED STATES DISTRICT COURT 

NORTHERN DISTRICT OF CALIFORNIA 

Case 3:13-cv-03791-SC Document 84 Filed 03/06/15 Page 44 of 44