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• • <br /> r1+ITHt tThIT a STATES=Ma 00(11? <br /> )rOiR'!l"HE NORMS'S DISTRICT OP ALABAMA <br /> SOUTHERN DIVISION <br /> CAST IRON PIP* ANTITRUST CASES ) C.A.No.71-516 <br /> ) <br /> NOTICE Of fINALUETTLEMENT <br /> To: Aix Clan Nsa . u <br /> Pursuant to Rale 23(c)of the TiJ.ws: C.ii Prutedune, YOU 4Re HEREBY hcfrIPTO THAT: <br /> Msatica. Cam Loa Pips , Amsted Industries, lac. ("Amsted"), Clair Corporatism <br /> Lose Star Steal C mp+�T( . McWaas Cast Ina Pipe Cm:opaay ('McWsna )sad Vnitsd <br /> �,4,ae ros.lry ('US. rips") (hereinafter referred to as 'Settling Defewdanta"). while denying <br /> the viele ioaa aoJ the. hers d to settle the claim of certain plaintiffs and At class osmium repro• <br /> sealed dress. You a r e suck a Chia mewed a whose tights will be affected by thou settlements. This Notice is to <br /> inform you of the pearliest?Oa heating at which the Court will pas upon(a)the fairness and reasonableness of thye <br /> is u,(b) tiro flame.flame.of a proposed plan of distribution,(c) outdo petrrioar for fess and expense,sod(d) <br /> the dls <br /> wigs prejudice of thin atdoo is which you ere•claw esembsr. <br /> thaynkiggst <br /> The Seeding Dsfawda sts lure arced to pay an wows amount of *8,313,442.12 pure seat to the folb.lag <br /> MOIL <br /> (a) Jose and Jill, 1974, deers was paid into a special escrow sccoaat and invested ir,cardamum of <br /> i p t sad commercial peed at approxlautely 11.25% the following wrote: <br /> U.S.Pipe 11,142,646.42 <br /> Clow 60x.400.00 <br /> 1rlcWasra 480.000.00 <br /> AC1P00 661.10000 <br /> Amsted 175,000.00 <br /> Loos Star 12,500.00 <br /> 1 3.169,946.42 <br /> (b) The amscntioa of psombet pry motes beating lataerat it 6%sad due January 6.1975,es follows: <br /> U.S.Pipe 11.105.517.15 <br /> Clow 365,220.00 <br /> Me#laae 281,540.00 <br /> ACIPCO 409.100.00 <br /> AMNIA 175 000.00 <br /> 1 2.343.447.15 <br /> (c) The oaoastiow of prmetlroty noes beam interest at 6%to January 6,1975,and thereafter beans(letterset <br /> at 711 to the date of maasity.January 6,1976, as follows: <br /> U.S.Pips 1 1.1o5,s1725 <br /> Clow 365.220.00 <br /> h cWeso 211,54000 <br /> ACOCO 409`00.00 <br /> $2,168,447.05 <br /> Tye a•euwte be paM is goal asttLawt of all roux;and prospective antitrust claims of all plaintiffs (ea- <br /> c.pdLtg only site claim of ll Suborbew Commis* oat against U.S.Yips),iarrteraor plaintiffs sad <br /> gloat msasbers Is them coasohidiacaua, Rude or which might have bees made, again*the Settling Defendants <br /> milks.put of any direct ar iwdinact psucbaar, from 1945 to the date of the Court oohs approving the settlements. <br /> of mot iron pipe or fittlap. No hwjeactiro relief will Ire afforded by the urtlement. <br /> Petidoaa for attorneys' foes pad rrin+bancauan*t out-of-pocket cosec and expanses ors nee file with du Clerk of <br /> the t,;ourt and available for laepsction. It is contemplated that as award of fees or expenses by the Court will be de- <br /> ducted irons the astth—t amouate. !1 However,the Court has indicated that it would not gauss attorneys' fees <br /> arias*a clue mmubes sncoa+ling 2071 of that clam member's dletributive share and that the costs and expenses a- <br /> warded would aot arbetaatially exceed interest earaad oa the settlement unounr. <br /> !J In Now York State,ammo s fees allowed by the Court other than to special counsel will be passed on and <br /> dita•1h utod to the clan represented by the Anatomy Cameral, <br />