Kirby McInerney LLP Announces Settlement of Class Action Lawsuit Involving Purchasers of AudioEye, Inc. Common Stock - Class Members Should Submit Claim Forms Now

DENVER, Sept. 18, 2017 /PRNewswire/ --

UNITED STATES DISTRICT COURT
DISTRICT OF ARIZONA

TO:   ALL PERSONS WHO PURCHASED OR OTHERWISE ACQUIRED ANY COMMON STOCK OF AUDIOEYE, INC. ("AUDIOEYE") DURING THE PERIOD FROM MAY 14, 2014 THROUGH AND INCLUDING APRIL 1, 2015

YOU ARE HEREBY NOTIFIED, pursuant to an Order of the United States District Court for the District of Arizona (the "District Court") and Rule 23 of the Federal Rules of Civil Procedure, that the settlement of the Litigation for the principal amount of $1,525,000, plus accrued interest has been approved by the District Court as fair, reasonable, and adequate, and you may be entitled to share in the distribution of the Net Settlement Fund.

If you purchased AudioEye common stock during the period from May 14, 2014 through April 1, 2015, inclusive, you might be entitled to recover a portion of the settlement proceeds.  To receive a detailed Notice of Pendency and Proposed Settlement of Class Action and a copy of the Claim Form, you may obtain copies by writing to In re AudioEye, Inc. Securities Litigation, c/o JND Class Action Administration, P.O. Box 6847, Broomfield, CO 80021, or by calling toll-free 1-844-357-6871, or on the internet at www.audioeyesecuritieslitigation.com, or from Lead Plaintiffs' Counsel's website at www.kmllp.com.  If you are a Settlement Class Member, in order to share in the distribution of the Net Settlement Fund, you must submit a Claim Form as soon as possible establishing that you are entitled to recovery.

If you have any questions about the Settlement, you may contact the Claims Administrator by calling toll-free 1-844-357-6871 or emailing [email protected].

DATED: September 13, 2017

SOURCE Kirby McInerney LLP

Related Links

http://www.kmllp.com