Expired
Lead Plaintiff Deadline
Oct 13, 2020
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According to a filed complaint, defendants failed to disclose that the Company had granted its Executive Chairman, James Continenza, and several other Company insiders millions of dollars’ worth of stock options immediately prior to the Company publicly disclosing that it had received the $765 million loan, which Defendants knew would cause Kodak’s stock to immediately increase in value once the deal was announced. In addition, while in possession of this material non-public information, Continenza and other Company insiders purchased tens of thousands of the Company’s shares immediately prior to the announcement, again at prices that they knew would increase exponentially once news of the loan became public.
In order to be eligible to join the KODK class action lawsuit, you must have incurred a loss on shares of Kodak purchased during the class period listed above.
If you suffered a loss in Kodak during the relevant time frame or pursuant to the relevant offering(s), you have until October 13, 2020 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
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