SFMS Announces Preliminary Approval Of Sara Lee Securities Litigation Settlement

Shepherd, Finkelman, Miller & Shah, LLP announces that on October 2, 2009, the United States District Court for the Northern District of Illinois, the Honorable Charles R. Norgle presiding, preliminarily approved a settlement in a class action, which was filed on behalf of purchasers of Sara Lee Corporation (“Sara Lee”) common stock between August 1, 2002 and April 24, 2003 (the “Class Period”). The settlement class consists of all persons who purchased Sara Lee common stock during the time period August 1, 2002 through and including April 24, 2003, excluding the Defendants, the officers and directors of Sara Lee, and members of their immediate families, any entity in which a Defendant has a controlling interest, and the legal representatives, heirs, successors, or assigns of any such excluded party. Class Members who purchased shares within the Class Period may receive money back based upon the Plan of Allocation as outlined in the Class Notice and submission of a valid Proof of Claim Form. Claim forms must be postmarked no later than February 25, 2010.

Please click here for a copy of the Court’s Order Preliminarily Approving the Settlement.

If you have questions concerning the settlement, please contact Jayne A. Goldstein (1-866-849-7545; jgoldstein@sfmslaw.com).