CaribPR Wire

The international leader in car rentals will introduce its Enterprise Rent-A-Car, National Car Rental and Alamo Rent A Car brands to each new market

ST. LOUIS, June 2, 2022 /PRNewswire-HISPANIC PR WIRE/ – Enterprise Holdings, the world’s largest vehicle rental business, today announced new franchise locations in the U.S. Virgin Islands, Morocco and the Bahamas. Each of the three new markets will feature car rental options from the Enterprise Rent-A-Car, National Car Rental and Alamo Rent A Car brands.

In the U.S. Virgin Islands, the company plans to open locations and provide service on the three main islands of St. Thomas, St. Croix and St. John, beginning with the buildout of a location at the Cyril E. King Airport in St. Thomas, the largest international airport in the U.S. Virgin Islands.

Expansion plans in the Bahamas include an initial location at the Lynden Pindling International Airport and one additional branch in Nassau. Another location will be added at the Grand Bahama International Airport in Freeport at a later date. In Morocco, plans include downtown locations in both Marrakech and Casablanca along with a presence at major airports.

“Over the past 10 years, we’ve executed an aggressive global growth plan designed to ensure our customers have greater access to the brands they know and love, no matter where they travel,” said Peter Smith, vice president of global franchising at Enterprise Holdings. “Franchisees appreciate the Enterprise standard of excellence and have transformed our business by helping us grow a significant international footprint. Around the corner, or around the world, Enterprise has you covered.”

With a presence in more than 90 countries and territories, Enterprise Holdings employs 75,000-plus global team members with a focus on becoming the best mobility provider in the world by listening to and exceeding customer expectations. The company partners with local providers that have a strong reputation for customer service excellence.

For more information about Enterprise Holdings, visit www.enterpriseholdings.com.

About Enterprise Holdings
Enterprise Holdings, Inc. is a leading provider of mobility solutions, owning and operating the Enterprise Rent-A-Car, National Car Rental and Alamo Rent A Car brands through its integrated global network of independent regional subsidiaries. Enterprise Holdings and its affiliates offer extensive car rental, carsharing, truck rental, fleet management, retail car sales, as well as travel management and other transportation services, to make travel easier and more convenient for customers. Privately held by the Taylor family of St. Louis, Mo., Enterprise Holdings manages a diverse fleet of more than 1.85 million vehicles through a network of nearly 10,000 fully staffed neighborhood and airport rental locations in more than 90 countries and territories.

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WASHINGTON, Nov. 4, 2019 /PRNewswire-HISPANIC PR WIRE/ –

IN THE DISTRICT COURT FOR THE VIRGIN ISLANDS
DIVISION OF ST. CROIX

SUMMARY NOTICE OF PENDENCY OF CLASS ACTION, CERTIFICATION OF SETTLEMENT CLASS, PROPOSED SETTLEMENT, SETTLEMENT HEARING, AND MOTION FOR ATTORNEYS’ FEES AND EXPENSES

YOU ARE HEREBY NOTIFIED, pursuant to Rule 23 of the Federal Rules of Civil Procedure and an Order of the United States District Court for the District of the Virgin Islands, that Lead Plaintiff Lei Shi and Plaintiff Ashley Saunders (collectively, “Plaintiffs”), on behalf of themselves and the Settlement Class, and Altisource Residential Corporation, William C. Erbey, Ashish Pandey, Kenneth D. Najour, Robin N. Lowe, and Rachel M. Ridley (collectively, “Defendants”), have reached a proposed settlement of the above-captioned action in the amount of $15,500,000 that, if approved, will resolve the lawsuit in its entirety (the “Settlement”).

A hearing will be held before the Honorable Anne E. Thompson of the United States District Court for the District of Virgin Islands, by designation, at the Clarkson S. Fisher Building & U.S. Courthouse, Courtroom 4W, 408 East State Street, Trenton, NJ 08608, at 10:00 a.m. on January 30, 2020 (the “Settlement Hearing”) to, among other things, determine whether the Court should: (i) certify the Settlement Class for the purposes of the Settlement only; (ii) approve the proposed Settlement as fair, reasonable, and adequate; (iii) dismiss the Action with prejudice as provided in the Stipulation and Agreement of Settlement, dated October 7, 2019 (”Stipulation”); (iv) approve the proposed Plan of Allocation for distribution of the Net Settlement Fund; and (v) approve Lead Counsel’s Fee and Expense Application.  The Court may change the date of the Settlement Hearing without providing another notice.  You do NOT need to attend the Settlement Hearing to receive a distribution from the Net Settlement Fund.

IF YOU ARE A MEMBER OF THE SETTLEMENT CLASS, YOUR RIGHTS WILL BE AFFECTED BY THE PROPOSED SETTLEMENT AND YOU MAY BE ENTITLED TO A MONETARY PAYMENT. If you have not yet received a Notice and Proof of Claim and Release form (”Claim Form”), you may obtain copies of these documents by visiting the website dedicated to the Settlement, www.AltisourceResidentialSettlement.com, or by contacting the Claims Administrator at:

Altisource Residential Corporation Securities Litigation
Claims Administrator
A.B. Data, Ltd.
P.O. Box 173012
Milwaukee, WI 53217
866-797-0862

Inquiries, other than requests for the Notice, Claim Form, or for information about the status of a claim, may also be made to Lead Counsel:

Nicholas I. Porritt
LEVI & KORSINSKY, LLP
1101 30^th St. N.W., Suite 115
Washington, DC 20007
(212) 363-7500|

If you are a Settlement Class Member, to be eligible to share in the distribution of the Net Settlement Fund, you must submit a Claim Form postmarked or received no later than February 22, 2020. If you are a Settlement Class Member and do not timely submit a valid Claim Form, you will not be eligible to share in the distribution of the Net Settlement Fund, but you will nevertheless be bound by all judgments or orders entered by the Court in the Action, whether favorable or unfavorable.

If you are a Settlement Class Member and wish to exclude yourself from the Settlement Class, you must submit a written request for exclusion in accordance with the instructions set forth in the Notice such that it is received no later than January 9, 2020. If you properly exclude yourself from the Settlement Class, you will not be bound by any judgments or orders entered by the Court in the Action, whether favorable or unfavorable, and you will not be eligible to share in the distribution of the Net Settlement Fund.

Any objections to the proposed Settlement, the proposed Plan of Allocation, and/or Lead Counsel’s Fee and Expense Application must be filed with the Court and mailed to counsel for the Parties in accordance with the instructions in the Notice, such that they are filed and receivedno later than January 9, 2020.

PLEASE DO NOT CONTACT THE COURT, DEFENDANTS, OR
DEFENDANTS’ COUNSEL REGARDING THIS NOTICE.

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