Overview

Basic information

Litigation

Active legal matters

Material Events

8-K disclosures

SEC Filings

Key regulatory docs

Insider Transactions

Ownership changes

Overview

Basic information

Litigation

Active legal matters

Material Events

8-K disclosures

SEC Filings

Key regulatory docs

Insider Transactions

Ownership changes

Securities Class Action

Securities fraud litigation history and active cases

Active Cases

0

Pending Settlement

1

Closed

0

Total Settlement

$11M

Benefitfocus, Inc. (BNFT) Class Action Lawsuit (March 2021)Pending Settlement

0651425/2021 • March 2, 2021

Class Period Start

March 1, 2019

Class Period End

March 2, 2021

PSLRA Deadline

December 31, 1969

Case Allegations

Sec11

Statutes of Repose

Mar 1, 2022

Country

United States

Court

Federal Court

Settlement Information

Please note that for cases in the settlement stage, claims are handled by the claims administrator and NOT Levi & Korsinsky. Any information or documentation previously provided to us does not constitute submission of a claim. If you need to file a claim, check the status of a claim, or have questions regarding distribution of settlement funds, please contact the claims administrator below.

Claim Deadline

December 27, 2022

Settlement Fund

$11,000,000

Settlement Status

Final Approval

Settlement Class

All persons or entities that purchased or otherwise acquired publicly traded common stock pursuant and/or traceable to the Offering Documents issued in connection with Benefitfocus, Inc.’s (“Benefitfocus” or the “Company”) March 1, 2019 secondary public offering (“SPO”) and/or you subsequently purchased or otherwise acquired Benefitfocus publicly traded common stock from March 1, 2019 through November 5, 2020, inclusive.

Claim Administrator

A.B. Data, Ltd.
Benefitfocus Securities Settlement c/o A.B. Data, Ltd. P.O. Box 173114 Milwaukee, WI 53217
+1 877-869-0224
[email protected]

Hearing Date

December 1, 2022

Opt-out Deadline

November 10, 2022

Settlement Note

Download here

Proof Of Claim

Download here

Docket History

Dec 1, 2022

Final Approval of Settlement

Aug 29, 2022

Aug 29, 2022

Proof of Claim Form

Aug 15, 2022

Preliminary Approval of Settlement

Apr 13, 2022

Proposed Settlement

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