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T]NITED STATES DISTRICT COURT

NORTIIERN DISTRICT OX' LLINOIS

Master File No.: 12 CV 2450

In Te GROUPON, INC. SECURITIES LITIGATION

CLASS ACTION

Hon. Charles R. Norgle

This Document Relates To

ALL CASES

ORDER APPROVING DISTRIBUTION OT'NET SETTLEMENT FUI\D

Whereas, this Court approved the terms of the Stipulation of Settlement of April 8, 2016, and

approved the Plan of Allocation by order dated July 13, 2016;

Whereas, this Court retained jurisdiction of this Action for the purpose of supervising the

implementation of the Stipulation and distribution of the Net Settlement Fund;

Whereas, this Court has reviewed the Unopposed Motion for Order of Distribution, the

Declaration of Justin R. Hughes Regarding (A) Mailing of the Notice And Proof of Claim Form;

(B) Administration of Received Proofs of Claim; and (C) Proposed Distribution of Settlement

Fund ("Hughes Declaration), related documents, and good cause showing,

IT IS HEREBY ORDERED as follows:

1. That Class Plaintiffs' motion is GRANTED;

2. The administrative determinations of the Claims Administrator to accept the claims

listed in Exhibits B-1 and B-2 to the Hughes Declaration and described in fl 36 of the

Hughes Declaration, including claims submiued after the filing deadline, are

approved and those claims are accepted;

3. The administrative determinations of the Claims Administrator to reject the claims

listed

Case: 1:12-cv-02450 Document #: 375 Filed: 07/17/17 Page 1 of 2 PageID #:8019
in Exhibit B-3 to the Hughes Declaration and described in fl 36 of the Hughes Declaration are

approved and those claims are rejected;

4. The Claims Adminishator is authorizedto make the distributions described in Class

Plaintiffs' motion and the Hughes Declaration;

5. The payments to be distributed to Authorized Claimants shall bear the notation

..CASH PROMPTLY. VOID AND SUBJECT TO RE.DISTRIBUTION IF NOT

CASHED 90 DAYS AFTER ISSUE DATE." Any balance remaining in the Net

Settlement Fund six (6) months after the initial distribution shall be used (i) first to

pay any amounts mistakenly omitted from the Initial Distribution to Authorized

Claimants or to pay any late, but otherwise valid and fully documented claims

received after the cut-offdate used to make the initial distribution; (ii) second, to pay

any additional settlement administration fees and expenses; and (iii) if feasible,

distribute the remaining fundspro ratato those Authorized Claimants that cashed

their Initial Distribution checks and who would be entitled to a pro rata distribution of

at least $20.00 or, if not feasible, donated to Loyola University Chicago School of

Law, the Institute for Investor Protection.

6. The Claims Administrator shall continue to receive, review and process any

correspondence or information submitted by claimants with respect to already-filed

Proofs of Claim. Should there be any adjustments to any Proofs of Claim prior to

distribution of the Net Settlement Fund, the Claims Administrator shall update its

claims database with the new information and report the updated total to Class

Counsel prior to distribution;

7 . The Claims Administrator is to be paid the sum of $ 150,566.13 for outstanding fees

and expenses already incurred, and those to be incurred in connection with the

services performed or to be performed with respect to the administration and

disbursement of the Net Settlement Fund. This is in addition to the $200,000

previously authorized by the Court;

8. All persons who were involved in the review, verification, calculation, tabulation, or

any other aspect of the administration of claims filed in this Action, and all persons

who were involved in the administration or taxation of the Net Settlement Fund, are

released from liability for any and all claims arising out of such activities; and

9. This Court shall retain jurisdiction over any further application or matter which may ,/

ariseinconnectionwiththisAction. u*4- tL4 7-/7--/7 u 5 Dlrf'ho6d

SO ORDERED.

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Case: 1:12-cv-02450 Document #: 375 Filed: 07/17/17 Page 2 of 2 PageID #:8020