You can ask to be excluded for any reason. One reason you may choose to exclude yourself is you already have your own lawsuit against Archon and the Lowdens and want to continue with it. In that event, you need to ask to be excluded from the class. If you exclude yourself from the class—which also means to remove yourself from the class and is sometimes called “opting-out” of the class—you will not get any money or other benefits from this lawsuit, even if the Plaintiff obtains them because of a pretrial ruling or trial or from any settlement (that may or may not be reached) between Plaintiff and Defendants.
However, you may then have the right to sue Archon and the Lowdens about the redemption price, Archon’s continuing liability for dividends and the other issues presented in this lawsuit. If you exclude yourself, you will not be legally bound by the Court’s orders and judgments in this class action.
If you start your own lawsuit against Defendants after you exclude yourself, you will have to either represent yourself, or hire and pay your own lawyer for that lawsuit.
The deadline to exclude is March 4, 2020.