The Court held a final Settlement Hearing on December 1, 2022, and the Settlement was approved. Copies of the orders can be accessed on the Court Documents section.

You are subject to the Settlement, and you may be a member of the Settlement Class, unless you timely requested to be excluded. The Settlement Class consists of the following:

All persons and entities that purchased or otherwise acquired Benefitfocus publicly traded common stock pursuant and/or traceable to the Offering Documents issued in connection with the March 1, 2019 SPO and/or who subsequently purchased or otherwise acquired Benefitfocus publicly traded common stock during the Class Period, and who were damaged thereby.

Excluded from the Settlement Class are: (i) Defendants; (ii) the Individual Defendants’ immediate family members; (iii) the officers, directors, and affiliates of Benefitfocus; (iv) the Selling Stockholder Defendants and the Underwriter Defendants at all relevant times; (v) any entity in which a Defendant has or had a majority ownership interest; (vi) the legal representatives, heirs, successors or assigns of any excluded person or entity; and (vii) any persons or entities who or which exclude themselves by submitting a timely and valid request for exclusion that is accepted by the Court.

Please read the Notice carefully. If you have questions, you may call the Benefitfocus Securities Settlement Help Line at 1-877-869-0224 or email info@BenefitfocusSecuritiesSettlement.com