Trading Symbol: IEAM
CUSIP Number: 456132208
TERMS OF THE SETTLEMENT: The Settlement consists of $3,400,000 in cash and will include interest on the Settlement Fund prior to distribution.
CLASS DESCRIPTION: On behalf of all persons who purchased or otherwise acquired the common stock of Industrial Enterprises of America, Inc. during the period of December 04, 2006 to November 07, 2007, inclusive.
DATE TO SEEK EXCLUSION
FROM THE CLASS: MAY 4, 2011
DATE FOR SUBMISSION OF
PROOF OF CLAIM FORMS: APRIL 27, 2011