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Robbins Geller Rudman & Dowd LLP and Scott+Scott, Attorneys at Law, LLP Announce Proposed Settlement of Class Action in the Pacific Biosciences Securities Litigation
Date:7/25/2013

SAN DIEGO, July 25, 2013 /PRNewswire/ -- The following statement is being issued by Robbins Geller Rudman & Dowd LLP and Scott+Scott, Attorneys at Law, LLP regarding the Pacific Biosciences Securities Litigation

SUPERIOR COURT OF THE STATE OF CALIFORNIA
COUNTY OF SAN MATEO

IN RE PACIFIC BIOSCIENCES OF CALIFORNIA, INC. SECURITIES LITIGATION
This Document Relates To: ALL ACTIONS.
Case No. CIV509210
SUMMARY NOTICE OF PROPOSED SETTLEMENT OF CLASS ACTION
Hon. Marie S. Weiner

TO: ALL PERSONS OR ENTITIES ("PERSONS") THAT PURCHASED PACIFIC BIOSCIENCES OF CALIFORNIA, INC. ("PACB" OR THE "COMPANY") COMMON STOCK BETWEEN OCTOBER 27, 2010 AND SEPTEMBER 20, 2011, INCLUSIVE (THE "CLASS PERIOD"), INCLUDING THOSE PERSONS THAT PURCHASED THE COMPANY'S STOCK PURSUANT OR TRACEABLE TO THE COMPANY'S REGISTRATION STATEMENT AND PROSPECTUS FOR THE COMPANY'S OCTOBER 27, 2010 INITIAL PUBLIC OFFERING (THE "CLASS").

THIS NOTICE WAS AUTHORIZED BY THE COURT.  IT IS NOT A LAWYER SOLICITATION.  PLEASE READ THIS NOTICE CAREFULLY AND IN ITS ENTIRETY.

YOU ARE HEREBY NOTIFIED that a hearing will be held on October 25, 2013 at 9:00 a.m., before the Honorable Marie S. Weiner at the Superior Court of California, County of San Mateo, Department 2, Court Room 7A, 400 County Center, Redwood City, CA 94063, to determine whether: (1) the proposed settlement (the "Settlement") of the above-captioned action ("Action") for at least $7,686,494.82 in cash should be approved by the Court as fair, reasonable and adequate; (2) the Final Judgment of Dismissal as provided under the Stipulation and Agreement of Settlement ("Stipulation") should be entered, dismissing the First Amended Consolidated Class Action Complaint filed in the Action on t
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SOURCE Robbins Geller Rudman & Dowd LLP; Scott+Scott, Attorneys at Law, LLP
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