Robbins Geller Rudman & Dowd LLP and Labaton Sucharow LLP Announce Proposed Settlement of Genworth Financial, Inc. Securities Litigation

NEW YORK--(BUSINESS WIRE)--The following statement is being issued by Robbins Geller Rudman & Dowd LLP and Labaton Sucharow LLP regarding the Genworth Financial, Inc. Securities Litigation:

UNITED STATES DISTRICT COURT
SOUTHERN DISTRICT OF NEW YORK
____________________________________________	x
	:	Master File No. 1:14-cv-02392-AKH
In re GENWORTH FINANCIAL, INC.	:	CLASS ACTION
SECURITIES LITIGATION	:	SUMMARY NOTICE
____________________________________________	:
This Document Relates To:	:
ALL ACTIONS.	:
____________________________________________	x

TO:	ALL PURCHASERS OF THE PUBLICLY TRADED COMMON STOCK OF GENWORTH FINANCIAL, INC. (“GENWORTH”) DURING THE PERIOD FROM NOVEMBER 3, 2011 THROUGH APRIL 17, 2012, INCLUSIVE

YOU ARE HEREBY NOTIFIED, pursuant to an Order of the United States District Court for the Southern District of New York, that a hearing will be held on November 15, 2017, at 4:00 p.m., before the Honorable Alvin K. Hellerstein, United States District Judge, at the United States District Court for the Southern District of New York, Daniel Patrick Moynihan United States Courthouse, 500 Pearl Street, Courtroom 14D, New York, NY 10007-1312, for the purpose of determining: (1) whether the proposed settlement of the claims in the Litigation for the principal amount of $20,000,000.00, plus accrued interest, should be approved by the Court as fair, reasonable, and adequate; (2) whether a Final Judgment and Order of Dismissal with Prejudice should be entered by the Court dismissing the Litigation with prejudice; (3) whether the proposed Plan of Allocation is fair, reasonable, and adequate and should be approved; and (4) whether the application of Class Counsel for the payment of attorneys’ fees and expenses and Class Representatives’ expenses in connection with this Litigation should be approved.

IF YOU PURCHASED PUBLICLY TRADED COMMON STOCK OF GENWORTH DURING THE PERIOD FROM NOVEMBER 3, 2011 THROUGH APRIL 17, 2012, INCLUSIVE, YOUR RIGHTS MAY BE AFFECTED BY THE SETTLEMENT OF THIS LITIGATION. If you have not received a detailed Notice of Pendency and of Proposed Class Action Settlement and Motion for Attorneys’ Fees and Expenses (“Notice”) and a copy of the Proof of Claim and Release form, you may obtain copies by writing to Genworth Litigation, Claims Administrator, c/o Gilardi & Co. LLC, P.O. Box 404003, Louisville, KY 40233-4003, or on the internet at www.Genworth2017SecuritiesSettlement.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 by mail postmarked no later than November 22, 2017, or submitted electronically no later than November 22, 2017, establishing that you are entitled to recovery.

If you are a Class Member and you desire to be excluded from the Class, you must submit a request for exclusion such that it is postmarked no later than October 25, 2017, in the manner and form explained in the detailed Notice referred to above. All members of the Class who do not timely and validly request exclusion from the Class in response to the Notice will be bound by any judgment entered in the Litigation pursuant to the Stipulation.

Any objection to the Settlement, the Plan of Allocation of settlement proceeds, or the fee and expense application must be mailed or delivered to each of the following recipients, postmarked no later than October 25, 2017:

To the Court:	To Class Counsel:	To Defendants’ Counsel:
CLERK OF THE COURT	ROBBINS GELLER RUDMAN	DENTONS US LLP
UNITED STATES DISTRICT COURT	& DOWD LLP	REID L. ASHINOFF
SOUTHERN DISTRICT OF NEW YORK	DOUGLAS BRITTON	1221 Avenue of the Americas
DANIEL PATRICK MOYNIHAN	655 West Broadway, Suite 1900	New York, NY 10020
UNITED STATES COURTHOUSE	San Diego, CA 92101
500 Pearl Street
New York, NY 10007-1312

PLEASE DO NOT CONTACT THE COURT OR THE CLERK’S OFFICE REGARDING THIS NOTICE. If you have any questions about the Settlement, you may contact Class Counsel at the address listed above or by an e-mail to Robbins Geller Rudman & Dowd LLP at [e-mail] or Labaton Sucharow LLP at [e-mail]. The Claims Administrator also maintains a website with copies of settlement-related documents, pleadings, and other documents filed in the Litigation at www.Genworth2017SecuritiesSettlement.com.

DATED: August 22, 2017	BY ORDER OF THE COURT
	UNITED STATES DISTRICT COURT
	SOUTHERN DISTRICT OF NEW YORK