PASADENA, Calif.--(BUSINESS WIRE)--Jun. 26, 2013--
Green Dot Corporation (NYSE: GDOT) today announced that on June 19,
2013, the United States District Court for the Central District of
California dismissed with prejudice the federal securities class action
that had been filed against the company, Steven W. Streit and John L.
Keatley in July 2012. On May 2, 2013, the Court granted a motion to
dismiss all of the claims asserted in that action, and the plaintiffs
subsequently agreed to voluntarily dismiss the case with prejudice
rather than amend their complaint. No payments were made to the
plaintiffs in connection with the dismissal.
About Green Dot
Green Dot Corporation is a publicly traded bank holding company with a
mission to reinvent personal banking for the masses. Its products and
brandsinclude Green Dot brand reloadable prepaid debit cards, the Green
Dot Reload Network, the Green Dot MoneyPak and GoBank. The Company’s
prepaid products and services are available in more than 60,000 retail
stores nationwide and online at Greendot.com. GoBank is available online
at GoBank.com and via the Apple App Store and Google Play, and
additional distribution locations. The company is headquartered in
Pasadena, Calif. with technology offices in Mountain View, Calif. and
Westlake Village, Calif. and its bank subsidiary, Green Dot Bank,
located in Provo, Utah.
Source: Green Dot Corporation
Investor Relations
Christopher Mammone, 626-765-2427
IR@greendot.com
or
Media
Relations
Liz Brady DiTrapano, 646-277-1226
