{"id":2967,"date":"2026-05-08T17:00:00","date_gmt":"2026-05-08T15:00:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=06c743b40c8c62563665d6b2d44b8927"},"modified":"2026-05-08T17:00:00","modified_gmt":"2026-05-08T15:00:00","slug":"robbins-geller-rudman-dowd-llp-grant-eisenhofer-p-a-and-collins-shelton-blair-wright-pllc-announce-proposed-settlement-in-the-forward-air-stockholder-litigation","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=2967","title":{"rendered":"Robbins Geller Rudman & Dowd LLP, Grant & Eisenhofer P.A., and Collins Shelton Blair & Wright PLLC Announce Proposed Settlement in the Forward Air Stockholder Litigation"},"content":{"rendered":"

SAN DIEGO--(BUSINESS WIRE)--The following statement is being issued by Robbins Geller Rudman & Dowd LLP, Grant & Eisenhofer P.A., and Collins Shelton Blair & Wright PLLC regarding the Forward Air Stockholder Litigation:<\/p>

\nIN THE THIRD JUDICIAL DISTRICT FOR THE STATE OF TENNESSEE\n<\/b>TENNESSEE CHANCERY COURT\n<\/b>GREENVILLE, TENNESSEE<\/b><\/p>\n\n\n\n\n\n\n\n\n\n\n
Cambria County Employees Retirement System and Michael A. Roberts,<\/td>\n

\n\u00a0<\/p><\/td>

\n\u00a0<\/p><\/td><\/tr>\n

\u00a0<\/td>\n\u00a0<\/td>\n

\n\u00a0<\/p><\/td>

\n

\nDocket No. 2023-cv-400<\/p><\/td><\/tr>\n

\u00a0<\/td>\n\u00a0<\/td>\n

\nPlaintiffs<\/i>,<\/p><\/td>

\n

\n\u00a0<\/p><\/td><\/tr>\n

\u00a0<\/td>\n\u00a0<\/td>\n

\n\u00a0<\/p><\/td>

\n

\nCLASS ACTION<\/span><\/p><\/td><\/tr>\n

\u00a0<\/td>\nv.<\/td>\n\n\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n

\n\u00a0<\/p><\/td>

\n\n<\/tr>\n
Forward Air Corporation, Ronald W. Allen, Ana Amicarella, Valerie A. Bonebrake, C. Robert Campbell, R. Craig Carlock, G. Michael Lynch, George S. Mayes Jr., Chitra Nayak, Javier Polit, Thomas Schmitt, and Laurie A. Tucker,<\/td>\n\n\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n

\n\u00a0<\/p><\/td>

\n\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n

\nDefendants<\/i>.<\/p><\/td>

\n\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n

\n\u00a0<\/p><\/td>

\n\n<\/tr>\n<\/table>

\nSUMMARY NOTICE OF PENDENCY AND PROPOSED\n<\/b>SETTLEMENT OF STOCKHOLDER CLASS ACTION,\n<\/b>SETTLEMENT HEARING, AND RIGHT TO APPEAR<\/span><\/b><\/p>

\nTO: ALL SHAREHOLDERS OF FORWARD AIR CORPORATION AS OF AUGUST 10, 2023 (THE DATE DEFENDANTS AGREED TO THE MERGER AGREEMENT WITH OMNI NEWCO, LLC AND ITS SUBSIDIARIES, INCLUDING OMNI LOGISTICS LLC), AND THEIR SUCCESSORS IN INTEREST WHO OBTAINED SHARES BY OPERATION OF LAW, BUT EXCLUDING ANY EXCLUDED PERSONS (THE \u201cCLASS\u201d).1<\/sup><\/b><\/p>

\nTHIS NOTICE WAS AUTHORIZED BY THE COURT. IT IS NOT A LAWYER SOLICITATION. PLEASE READ THIS SUMMARY NOTICE CAREFULLY. YOUR RIGHTS MAY BE AFFECTED BY A CLASS ACTION LAWSUIT PENDING IN THIS COURT. PLEASE READ THIS NOTICE CAREFULLY AND IN ITS ENTIRETY. YOUR RIGHTS MAY BE AFFECTED BY A CLASS ACTION CASE PENDING IN COURT.<\/b><\/p>

\nYOU ARE HEREBY NOTIFIED, pursuant to an Order of the Chancery Court for the State of Tennessee, Third Judicial District, Greene County (the \u201cCourt\u201d) and Tennessee Rule of Civil Procedure 23 that: (i) the above-captioned action (the \u201cAction\u201d) is pending in the Court and has been preliminarily certified as a class action for settlement purposes only; and (ii) Plaintiffs and Defendants have reached a proposed settlement for $28,000,000.00 in cash (the \u201cSettlement Amount\u201d) as set forth in the Stipulation (the \u201cSettlement\u201d), a copy of which is available at www.ForwardAirStockholderSettlement.com<\/a>. The Settlement, if approved by the Court, will resolve all claims in the Action.<\/p>

\nA hearing (the \u201cSettlement Hearing\u201d) will be held on June 25, 2026, at 10:00 a.m.<\/b>, before The Honorable Douglas T. Jenkins, either in person at the Chancery Court for the State of Tennessee, Third Judicial District, Greene County, Greene County Courthouse, 101 South Main Street, Greeneville, Tennessee 37743, or remotely by telephone or videoconference (in the discretion of the Court), to, among other things: (i) determine whether to finally certify the Class for settlement purposes only, pursuant to Tennessee Rule of Civil Procedure 23; (ii) determine whether Plaintiffs and Plaintiffs\u2019 Counsel have adequately represented the Class, and whether Plaintiffs should be finally appointed as Class representatives for the Class and Plaintiffs\u2019 Counsel should be finally appointed as counsel for the Class; (iii) determine whether the proposed Settlement should be approved as fair, reasonable, and adequate to the Class and in the best interests of the Class; (iv) determine whether the Action should be dismissed with prejudice and the Releases provided under the Stipulation should be granted; (v) determine whether the Order and Final Judgment approving the Settlement should be entered; (vi) determine whether the proposed Plan of Allocation of the Net Settlement Fund is fair and reasonable, and should therefore be approved; (vii) determine whether and in what amount any Fee and Expense Award should be paid to Plaintiffs\u2019 Counsel out of the Settlement Fund and whether and in what amount any service award to each Plaintiff should be paid out of the Settlement Fund; (viii) hear and rule on any objections to the Settlement, the proposed Plan of Allocation, and\/or Plaintiffs\u2019 Counsel\u2019s application for any Fee and Expense Award; and (ix) consider any other matters that may properly be brought before the Court in connection with the Settlement. Any updates regarding the Settlement Hearing, including any changes to the date or time of the hearing or updates regarding in-person or remote appearances at the hearing, will be posted to the Settlement Website, www.ForwardAirStockholderSettlement.com<\/a>.<\/p>

\nIf you are a member of the Class, your rights will be affected by the pending Action and the Settlement, and you may be entitled to share in the Net Settlement Fund. <\/b>If you have not yet received the Notice and Proof of Claim, you may obtain copies by contacting the Settlement Administrator at Forward Air Stockholder Settlement<\/i>, Verita Global, P.O. Box 301171, Los Angeles, CA 90030-1171. A copy of the Notice and Proof of Claim can also be downloaded from the Settlement Website, www.ForwardAirStockholderSettlement.com<\/a>. All Class Members are strongly encouraged to carefully review the full Notice, and to complete a Proof of Claim.<\/p>

\nIf the Settlement is approved by the Court and the Effective Date occurs, the Net Settlement Fund will be distributed on a pro rata <\/i>basis to eligible Class Members in accordance with the terms of the proposed Plan of Allocation stated in the Notice or such other plan of allocation as is approved by the Court. To share in the distribution of the Net Settlement Fund, you must establish your rights by submitting a Proof of Claim by mail (postmarked no later than July 10, 2026) <\/b>or electronically (no later than July 10, 2026)<\/b>. Accordingly, Class Members will be bound by any judgment entered in the Action pursuant to the terms and conditions of the Stipulation.<\/p>

\nAny objections to the Settlement, the proposed Plan of Allocation, or Plaintiffs\u2019 Counsel\u2019s application for the Fee and Expense Award must be filed with the Clerk & Master\u2019s Office of the Chancery Court for the State of Tennessee and delivered to Plaintiffs\u2019 Counsel and Defendants\u2019 Counsel such that they are received <\/i>no later than June 3, 2026<\/b>, in accordance with the instructions set forth in the Notice.<\/p>

\nAny Class Member who wishes to be excluded from the Settlement may submit a \u201cRequest for Exclusion\u201d such that it is postmarked no later than May 29, 2026<\/b>, in accordance with the instructions set forth in the Notice. Any Class Member who submits a Request for Exclusion may thereafter validly retract such Request for Exclusion by (a) serving a written revocation of that Request for Exclusion, signed under penalty of perjury, to the Settlement Administrator, Plaintiffs\u2019 Counsel, and Defendants\u2019 Counsel acknowledging that the Person (i) retracts or withdraws his, her, its, or their Request for Exclusion, and (ii) agrees to be bound by any Order and Final Judgment in the Action and the Releases to be given, as provided for in the Stipulation or as otherwise set forth in the Order and Final Judgment, and (b) filing a written notice with the Court of the same (which Plaintiffs\u2019 Counsel may file on behalf of the Person retracting their Request for Exclusion), provided that both must occur no later than June 18, 2026, by 5:00 p.m. Eastern Time, otherwise that Person will be included in the Class.<\/p>

\nPlease do not contact the Court or the Clerk & Master\u2019s Office regarding this Summary Notice. All questions about this Summary Notice, the Settlement, or your eligibility to participate in the Settlement should be directed to the Settlement Administrator or Plaintiffs\u2019 Counsel.<\/b><\/p>

\nRequests for the Notice should be made to the Settlement Administrator:<\/p>

\nForward Air Stockholder Settlement\n<\/i>c\/o Verita Global\nP.O. Box 301171\nLos Angeles, CA 90030-1171\n1-888-233-7067\nWebsite: www.ForwardAirStockholderSettlement.com<\/a><\/p>

\nInquiries, other than requests for the Notice, should be made to Plaintiffs\u2019 Counsel:<\/p>

\nChristopher H. Lyons, Esq.\nROBBINS GELLER RUDMAN & DOWD LLP\n200 31st<\/sup> Avenue North\nNashville, TN 37203\nTelephone: 1-800-449-4900\nEmail: settlementinfo@rgrdlaw.com<\/a><\/p>

\nMichael J. Barry, Esq.\nGRANT & EISENHOFER P.A.\n123 Justison Street, 7th<\/sup> Flr.\nWilmington, DE 19801\nTelephone: 1-302-622-7000\nEmail: mbarry@gelaw.com<\/a><\/p>\n\n\n
\u00a0<\/td>\n

\nBY ORDER OF THE CHANCERY\nCOURT FOR THE STATE OF\nTENNESSEE, THIRD JUDICIAL\nDISTRICT, GREENE COUNTY<\/p><\/td><\/tr>\n

\nDATED: March 6, 2026\u00a0<\/p><\/td>

\n\u00a0<\/p><\/td><\/tr>\n<\/table>

\n1<\/sup> Any capitalized terms used in this Summary Notice of Pendency and Proposed Settlement of Stockholder Class Action, Settlement Hearing, and Right to Appear (the \u201cSummary Notice\u201d) that are not otherwise defined in this Summary Notice shall have the meanings given to them in the Stipulation of Settlement, between Plaintiffs and Defendants, dated as of March 2, 2026 (the \u201cStipulation\u201d). A copy of the Stipulation is available at www.ForwardAirStockholderSettlement.com<\/a> (the \u201cSettlement Website\u201d).<\/p> Contacts<\/b>

\nRobbins Geller Rudman & Dowd LLP\nShareholder Relations Department\nGreg Wood\n(619) 231-1058<\/p>","protected":false},"excerpt":{"rendered":"

SAN DIEGO–(BUSINESS WIRE)–The following statement is being issued by Robbins Geller Rudman & Dowd LLP, Grant & Eisenhofer P.A., and Collins Shelton Blair & Wright PLLC regarding the Forward Air Stockholder Litigation:
\nIN THE THIRD JUDICIA…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2967","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/2967","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2967"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/2967\/revisions"}],"predecessor-version":[{"id":2968,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/2967\/revisions\/2968"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2967"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2967"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2967"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}