Trading Symbol: IEAM
CUSIP Number: 456132208
TERMS OF THE SETTLEMENT: The Settlement consists of $3,800,000 in cash and will include interest on the Settlement Fund prior to distribution.
CLASS DESCRIPTION: All persons who purchased the common stock of Industrial Enterprises of America, Inc. during the period from December 4, 2006 through November 7, 2007, inclusive.
DATE TO SEEK EXCLUSION
FROM THE CLASS: JUNE 15, 2009
DATE FOR SUBMISSION OF
PROOF OF CLAIM FORMS: JULY 8, 2009
TO OBTAIN A PROOF OF CLAIM FORM:
Robert M. Roseman, Esquire
SPECTOR, ROSEMAN KODROFF & WILLIS, P.C.