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Overview

IMPORTANT UPDATE: Please be advised, the Court granted final approval of the Settlement on February 8, 2010.

A settlement has been approved in a class action lawsuit in the United States District Court for the Central District of California against Defendants International Rectifier, and Alexander Lidow, Eric Lidow and Michael P. McGee (the “Individual Defendants,” collectively with IR, the “Defendants”). The Settlement resolves certain claims of all persons and entities who purchased or acquired IR publicly traded Securities from July 31, 2003, through February 11, 2008, inclusive (the “Class Period”) and suffered damages as a result (the “Class”).

Participate in the Settlement

The deadline to submit a Claim Form was February 6, 2010.

If you purchased or otherwise acquired publicly traded IR Securities during the period between July 31, 2003, through February 11, 2008, inclusive, and were damaged thereby, and you are not excluded by the definition of the Class and you did not elect to exclude yourself from the Class, then you are a Class Member, and you will be bound by the Settlement, and by any judgment or determination of the Court affecting the Class. If you are a Class Member, you must have submitted a Claim Form, postmarked no later than February 6, 2010, to share in the Settlement.

Exclusions and Objections

The deadline to either exclude yourself from the Settlement or object to the Settlement was January 25, 2010.

Final Approval Hearing

A hearing was held before the Honorable John F. Walter at the United States District Court for the Central District of California on February 8, 2010. At the hearing, the Court granted final certification of the Class for purposes of the Settlement, approved the Settlement as fair, reasonable and adequate, entered a final judgment and order dismissing the Consolidated Action with prejudice, approved the Plan of Allocation as fair, reasonable and adequate, and approved the application of Co-Lead Counsel for attorneys’ fees and Litigation Expenses.

Please note the following important dates:
Date Case-Related Event
January 25, 2010
[Expired]		 Request for Exclusion Deadline (filed)
January 25, 2010
[Expired]		 Objection Filing Deadline (filed)
February 6, 2010
[Expired]		 Claim Form Deadline (postmarked)
February 8, 2010
at 1:30 p.m.
[Approved]		 Final Approval Hearing