PCIII REO LLC, et al. v. City of Bridgeton, et al.

Docket No: CUM-L-000584-19

The Superior Court of New Jersey, Cumberland County

NOTICE OF PROPOSED SETTLEMENT OF CLASS ACTION LAWSUIT

ATTENTION: YOU HAVE BEEN IDENTIFIED AS A CLASS MEMBER IN A CLASS ACTION LAWSUIT. PLEASE READ THE NOTICE CAREFULLY. YOUR RIGHTS MAY BE AFFECTED BY LEGAL PROCEEDINGS IN THIS LAWSUIT.

The Superior Court of New Jersey, Cumberland County authorized the notice. You are not being sued. This is not a solicitation from a lawyer.

Important Dates

July 27, 2022 — Objection Deadline

July 27, 2022 — Exclusion Deadline

November 10, 2022 — Final Approval Hearing

YOUR LEGAL RIGHTS AND OPTIONS IN THE SETTLEMENT

DO NOTHING

You will remain a Class Member in this Lawsuit and will be part of the Settlement Class. If you qualify, you will receive two disbursements based on a percentage of the vacant and abandoned property registration fees and fines that you paid to the City of Bridgeton under Ordinance No. 18-3.

EXCLUDE YOURSELF

You will not be a Settlement Class Member. You will not receive a disbursement payment, even if you otherwise qualify. You will retain any rights you have to sue the Defendants about the issues in this case.

OBJECT

Write to the Court explaining why you object to the Settlement Agreement.

ATTEND THE HEARING

Write to the Court explaining why you object to the Settlement Agreement, and ask to speak in Court at the Final Approval Hearing about the fairness of the Settlement.

These rights and options – and the deadlines to exercise them - are explained below in the Notice. Please review the Notice Carefully.