Apple Hospitality REIT, Inc. Settlement

Welcome to the Apple Hospitality REIT, Inc. Settlement Website

Moses v. Apple Hospitality REIT, Inc.

United States District Court

Eastern District of New York 

Case No. 1:14-cv-03131 (SMG)

If you acquired shares of Apple REIT Seven and/or Apple REIT Eight pursuant to the Apple REITs’ Dividend Reinvestment Plans (“DRIPs”) between July 17, 2007 and June 27, 2013, inclusive, you may be eligible to receive money from the settlement of this lawsuit.

To receive money from this lawsuit, you do not need to submit anything.  If you are affected you will receive a Verification Form indicating your calculated net affected share balance from the Settlement Administrator after Final Approval of the Settlement.  You may dispute this information with the Settlement Administrator.

On September 19, 2017, the Court entered the Order Preliminarily Approving Class Action Settlement, Preliminarily Certifying Settlement Class, and Appointing Interim Class Counsel.  The Final Fairness Hearing to consider the fairness, reasonableness, and adequacy of the Settlement, the Proposed Plan of Allocation, and the Fee and Expense Application will be held on January 16, 2018 at 4:30 pm. before the Hon. Steven M. Gold, United States Magistrate Judge, in Courtroom 13-D of the United States Courthouse, 225 Cadman Plaza East, Brooklyn, New York.

For additional details on the Settlement, click here to review an electronic copy of the Notice of Proposed Settlement of Class Action and Plan of Allocation.