USX Securities Litigation
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FREQUENTLY ASKED QUESTIONS


  1. Why Did I Receive a Notice of Pendency?
  2. How Do I Know If I Am A Class Member?
  3. What Are My Options At This Time?
  4. I Have Not Received A Notice. How Do I Make Certain I Am on the List of Class Members to Receive Further Information About This Matter?
  5. How Do I Remain A Class Member? Do I Have to File A Claim Form?
  6. How Do I Request Exclusion from the Class?
  7. How Do I Update My Address with the Notice Administrator?
  8. I Have Other Questions. Who Can I Contact?

 



  1. Why Did I Receive a Notice of Pendency?

    A Notice of Pendency of Class Action ("Notice") was sent to you because you may be a Class Member in this litigation. The District Court authorized the Notice because you have a right to know about the pending class action lawsuit and about your options at this time. Your name and mailing address were provided to us by a bank, brokerage firm, financial institution, or transfer agent as a potential Class Member. The receipt of the Notice, however, should not be construed as a determination that you are a member of the Class.

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  2. How Do I Know If I Am A Class Member?

    According to the Court’s order, you are a member of the Class if you fit this description: "all persons or entities who purchased or otherwise acquired Class A common stock of USX pursuant to and/or traceable to the Offering Documents filed with the United States Securities and Exchange Commission ("SEC") and who were damaged thereby."  Excluded from the Class are Defendants and their immediate families, the officers and directors and affiliates of Defendants, at all relevant times, members of their immediate families and their legal representatives, heirs, successors or assigns, and any entity in which Defendants have or had a controlling interest.  

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  3. What Are My Options At This Time?

    At this time, Class Members are not required to take any action to remain in the Class. If any benefits are eventually obtained for the Class as a result of this lawsuit, eligible Class Members may be entitled to a payment.

    Class Members may choose to exclude themselves from the Class. If you exclude yourself, you will not be entitled to a payment if any benefits are eventually obtained for the Class. If you do not exclude yourself, you will be bound by any judgment in this litigation, whether favorable or unfavorable. To remain a Class Member and eligible for a payment if any benefits are eventually obtained, you are not required to do anything at this time other than to retain your documentation reflecting your transactions and holdings in USX Class A common stock.

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  4. I Have Not Received A Notice. How Do I Make Certain I Am on the List of Class Members to Receive Further Information About This Matter?

    If you have not received a Notice and would like to confirm that you are on the mailing list for any further information and mailings in this matter, please contact the Notice Administrator via email at info@USXSecuritiesLitigation.com and request that a Notice be sent to you at your current mailing address.

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  5. How Do I Remain A Class Member? Do I Have to File A Claim Form?

    To remain a Class Member, you are not required to do anything at this time. You will be bound by any judgment in this litigation, whether it is favorable or unfavorable, and additional proceedings may be necessary in order to demonstrate your right to any recovery. An additional notice will be sent and posted on this website if and when any such proceeding is required.

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  6. How Do I Request Exclusion from the Class?

    To exclude yourself from this lawsuit and to preserve your right to bring a separate case, you must make a request to be excluded in writing and mail it to: 

    USX Securities Litigation 
    c/o Gilardi & Co. LLC
    EXCLUSIONS
    150 Royall Street, Suite 101 
    Canton, MA 02021

    All requests for exclusions must be postmarked on or before October 1, 2021. 

    Your request for exclusion must contain the following: 

    1) The name of the lawsuit (Stein v. U.S. Xpress Enterprises, Inc. et al.);

    2) Your full name;

    3) Your current address; 

    4) A clear statement that you wish to be excluded, such as, "I request exclusion from the Class"; 

    5) The number of shares of Class A USX common stock you purchased or otherwise acquired pursuant and/or traceable to the Offering; and 

    6) Your signature. 

    Class Counsel will file your request for exclusion with the District Court.  If you are signing on behalf of a Class Member (such as an estate or incompetent person) as a legal representative, please include your full name and the basis of your authority.

    IF YOU DO NOT EXCLUDE YOURSELF BY THE DEADLINE ABOVE, YOU WILL REMAIN PART OF THE CLASS AND BE BOUND BY THE ORDERS OF THE DISTRICT COURT IN THIS LAWSUIT, INCLUDING FINAL JUDGMENT, WHETHER OR NOT IT IS FAVORABLE TO THE CLASS REPRESENTATIVES AND YOU. 

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  7. How Do I Update My Address with the Notice Administrator?

    In order to make sure that you receive any further notices in this Action, you are requested to mail notice of any changes in your address to:

    USX Securities Litigation
    Notice Administrator
    c/o Gilardi & Co. LLC
    P.O. Box 43303
    Providence, RI  02940-3303

    You may also email the Notice Administrator at info@USXSecuritiesLitigation.com and request that a Notice be sent to you at your current mailing address with your correct address. If a Notice was forwarded to you by the postal service, or if it was otherwise sent to you at an address that is not current, you should immediately contact the Notice Administrator, Gilardi & Co. LLC, and provide them with your correct address.  If the Notice Administrator does not have your correct address, you may not receive any future notices that may be disseminated in this Action.

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  8. I Have Other Questions. Who Can I Contact?

    For more detailed information regarding the Action, you may contact Class Counsel:  Christopher M. Wood, Esq., Robbins Geller Rudman & Dowd LLP, 414 Union Street, Ste. 900, Nashville, TN 37219, Tel: (800) 449-4900. 

    Complete copies of public pleadings, Court rulings, and other filings are available for review at http://www.pacer.gov or at the office of the Clerk of Court, United States District Court for the Eastern District of Tennessee, 900 Georgia Avenue, Chattanoga, TN 37402 under Case No. 1:19-cv-98. PLEASE DO NOT CALL OR WRITE THE COURT.

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