If you purchased Reliance Group Holdings, Inc. common stock, Reliance 9% Senior Notes due November 15, 2000, and/or Reliance 9.75% Senior Subordinated Debentures due November 15, 2003, during the period from February 8, 1999 through and including December 6, 2000, you could receive a payment from a class action settlement.

Excluded from the Settlement Class are the Defendants in this Action, members of their immediate families, their legal representatives, heirs, successors, and assigns and persons acting in concert with or under the control of any Defendant, any entity or individual that provided accounting, auditing, actuarial, and/or related services to Reliance or to any of its partners, principals, officers, directors or employees, or its predecessors, successors and/or assigns.

The Settlement will provide a $15 million settlement for the benefit of investors who purchased Reliance Group Holdings, Inc. common stock, Reliance 9% Senior Notes due November 15, 2000, and/or Reliance 9.75% Senior Subordinated Debentures due November 15, 2003, during the period from February 8, 1999 through and including December 6, 2000.

The Settlement resolves a lawsuit over whether Reliance and certain of its officers and directors misled investors about Reliance’s future earnings.

Note: This website is provided as a service to potential class members. The information provided is in summary form and is not intended as a complete explanation of your rights. For full and complete information, you are directed to review carefully the Notice of Pendency of Class Action and Proposed Settlement, Stipulation and Agreement of Settlement, and Proof of Claim and Release Form.