Hansen Securities Settlement
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Welcome to the Hansen Securities Settlement Website

This website has been established to provide general information regarding the proposed Settlement of the consolidated action entitled Cunha v. Hansen Natural Corporation, et al., Case No. ED-CV-08-01249-GW(JCx), pending in the United States District Court for the Central District of California, Eastern Division (the "Action"). The capitalized terms used on this website and not defined herein shall have the same meanings ascribed to them in the Stipulation of Settlement dated April 16, 2014, which can be found and downloaded by clicking on the Case Documents tab above. Your rights may be affected by this Settlement if you purchased or otherwise acquired Hansen Natural Corporation ("Hansen") common stock between November 9, 2006 and November 8, 2007, inclusive.

This Action alleges that Hansen and certain of its executives violated the federal securities laws by misrepresenting and omitting material facts about Hansen's business, including the state of its distribution relationship with Anheuser-Busch ("AB") and the benefits to be derived therefrom and that Hansen purportedly engaged in a "channel stuffing" scheme during the Class Period relating to sales to AB distributors. Lead Plaintiff alleges that when Defendants disclosed the truth about the AB relationship and the Company's financial results, Settlement Class Members suffered damages as a result of a decline in the price of Hansen common stock. Defendants deny all of Lead Plaintiff's allegations and further deny that they did anything wrong. Defendants also deny that Lead Plaintiff or the Settlement Class suffered damages or that the price of Hansen common stock was artificially inflated by reasons of alleged misrepresentations, non-disclosures or otherwise. The Settlement Class includes all Persons who purchased or otherwise acquired Hansen common stock between November 9, 2006 and November 8, 2007, inclusive. 

Hansen has agreed to cause to be paid Sixteen Million Two Hundred Fifty Thousand Dollars ($16,250,000.00) in cash (the "Settlement Amount"). The Settlement Amount, plus interest earned from the date it is deposited into an escrow account to fund the Settlement (the "Settlement Fund"), less costs, fees, and expenses (the "Net Settlement Fund"), will be divided among all eligible Settlement Class Members who submit timely and valid Proof of Claim and Release forms to the Claims Administrator ("Authorized Claimants").  Costs, fees, and expenses include Court-approved attorneys' fees and expenses, the costs of notifying Settlement Class Members, including the costs of printing and mailing the Notice and the cost of publishing newspaper notice, the costs of claims administration, and taxes on the Settlement Fund.

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

Although the information in this website is intended to assist you, it does not replace the information contained in the Notice of Proposed Settlement of Class Action and Stipulation of Settlement, both of which can be found and downloaded by clicking on the Case Documents tab above. We recommend that you read the Notice and other relevant case documents carefully.


SUBMIT A PROOF OF CLAIM FORM The only way to get a payment.
EXCLUDE YOURSELF Get no payment. this is the only option that allows you to particiapte in another lawsuit against the Defendants for the legal claims in this case.
OBJECT You may witreto the Court if you do not like this Settlement, the request for attorneys' fees and expenses, or the Plan of Distribution. You cannot object to the Settlement unless you are a member of the Settlement Class and do not validly exclude yourself.
GO TO A HEARING You may ask to speak in Court about the fairness of the Settlement.
DO NOTHING Get no payment. Give up your rights.


Submit Claim: November 12, 2014
Request Exclusion: December1,2014
File Objection: December 1, 2014
Court Hearing on Fairness of Settlement: January 29, 2015