|[May 16, 2014]
Proposed Settlement of Derivative Action by Rigrodsky & Long, P.A.
DENVER --(Business Wire)--
The following is being released in connection with the proposed
settlement of Richey v. Ells, No. 12-CV-018310-WJM-MEH.
THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF COLORADO RICHEY
V. ELLS, NO. 12-CV-01831-WJM-MEH (THE "ACTION"), SUMMARY NOTICE OF
PENDENCY OF DERIVATIVE ACTION, AGREEMENT OF SETTLEMENT AND RELEASE, AND
TO: ALL CURRENT RECORD HOLDERS AND
BENEFICIAL OWNERS OF COMMON STOCK OF CHIPOTLE MEXICAN
GRILL, INC. ("CHIPOTLE" OR THE "COMPANY") AS OF JANUARY 31, 2014 (THE
"RECORD DATE") ("CURRENT CHIPOTLE SHAREHOLDERS")
YOU ARE HEREBY NOTIFIED that the parties to the Action have reached a
settlement to resolve the issues raised in the Action ("Settlement").
PLEASE BE FURTHER ADVISED that pursuant to an Order of the United States
District Court for the District of Colorado, a hearing will be held
before the Honorable William J. Martinez in the United Stats District
Court for the District of Colorado, Alfred A. Arraj United States
Courthouse, 901 19th Street, Denver, Colorado 80294-3589, in Courtroom
A801, on August, 20, 2014 at 10:00 a.m. to determine: (i) whether the
terms of the Settlement are fair, reasonable, and adequate and should be
approved; (ii) whether a final judgment should be entered; and (iii)
such other matters as may be necessary or proper under the circumstances.
If you are a Current Chipotle Shareholder, you may have certain rights
in connection with the proposed Settlement. You should obtain a copy of
the full printed Notice of Pendency of Derivative Action, Proposed
Agreement of Settlement and Release, and Settlement Hearing, at
www.chipotle.com or by writing Rigrodsky & Long, P.A., 2 Righter
Parkway, Suite 120, Wilmington, DE 19801.
If you are a Current Chipotle Shareholder and do not take steps to
appear in this Action or to object to the proposed Settlement, you will
be bound by the Order and Final Judgment of the Court, you will forever
be barred from raising an objection to such Settlement in this or any
other action or proceeding, and certain claims that you might have may
CURRENT CHIPOTLE SHAREHOLDERS WHO HAVE NO OBJECTION TO THE SETTLEMENT DO
NOT NEED TO APPEAR AT THE SETTLEMENT HEARING OR TAKE ANY OTHER ACTION.
You may obtain further information by writing Rigrodsky & Long, P.A. at
the address above.
PLEASE DO NOT CALL, WRITE, OR OTHERWISE DIRECT QUESTIONS TO EITHER THE
COURT OR THE CLERK'S OFFICE.
DATED: May 16, 2014
BY ORDER OF THE COURT
DISTRICT COURT FOR THE DISTRICT OF COLORADO.
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