ValueClick Settlement Receives Preliminary Approval

6/30/2009 - Barrack, Rodos & Bacine, sole lead counsel for lead plaintiffs in Waldrep v. ValueClick, Inc., et al., Case No. CV 07-5411 DDP, announces that the Honorable Dean D. Pregerson of the United States District Court for the Central District of California, has granted preliminary approval to a settlement of the case. Under the settlement, defendants have made a cash payment of $10 million for the benefit of the class. A hearing on the final approval of the settlement is scheduled for November 9, 2009 at 10:00 a.m. Please contact us to obtain a copy of the notice of settlement and the proof of claim and release form. Among other things, the notice describes the background of the case, who is included in the class, the terms of the settlement, and the rights of class members with respect to the settlement.