Published July 15, 2022
On July 15, 2022, The Honorable James R. Cho, United States Magistrate Judge in the United States District Court for the Eastern District of New York, signed an order consolidating two class actions filed on behalf of shareholders of Meta Materials Inc. (NASDAQ: MMAT). The consolidated case is captioned In re Meta Materials Inc. Securities Litigation, 1:21-cv-07203.
In addition to consolidating the cases, Judge Cho appointed a group of three individuals (the “Meta Materials Investor Group”) as Lead Plaintiff in the action. Judge Cho also approved the Meta Materials Investor Group’s choice of Levi & Korsinsky, LLP as counsel and appointed the firm Lead Counsel in the action. A copy of the order can be viewed here.