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Overview

A class action lawsuit is pending 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 proposed settlement, if approved by the Court, will resolve 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

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 proposed Settlement if the Court approves it, and by any judgment or determination of the Court affecting the Class. If you are a Class Member, you must submit a Claim Form and supporting documentation to establish your entitlement to share in the Settlement.

You can download a Claim Form on this website or request one be mailed to you by calling 1 (888) 685-7768. If you wish to obtain a payment as a Class Member, you will need to file a Claim Form postmarked no later than February 6, 2010.

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 will be held before the Honorable John F. Walter at the United States District Court for the Central District of California, 312 N. Spring Street, Courtroom 16, Los Angeles, CA 90012-2095 at 1:30 p.m. on February 8, 2010, to determine (1) whether the Court should grant final certification of the Class for purposes of the Settlement; (2) whether the proposed Settlement should be approved by the Court as fair, reasonable, and adequate, (3) whether a final judgment and order of dismissal with prejudice should be entered by the Court dismissing the Consolidated Action with prejudice; (4) whether the Plan of Allocation is fair, reasonable and adequate and therefore should be approved in connection with this Settlement, and (5) whether the application of Co-Lead Counsel for attorneys’ fees and Litigation Expenses should be approved.

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 Claim Form Deadline (postmarked)
February 8, 2010
at 1:30 p.m.
Final Approval Hearing