Securities fraud litigation history and active cases
Active Cases
0
Pending Settlement
1
Closed
0
Total Settlement
$8.1M
CHEMBIO DIAGNOSTICS, INC. (CEMI) Class Action Lawsuit (June 2020)Pending Settlement
2:20cv2706 • June 18, 2020
Class Period Start
March 11, 2020
Class Period End
September 14, 2020
PSLRA Deadline
August 17, 2020
Case Allegations
10b5 + Sec11
10b-5 Statutes of Repose
Mar 11, 2023
Sec11 Statutes of Repose
May 7, 2023
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
June 23, 2023
Settlement Fund
$8,100,000
Settlement Status
Final Approval
Settlement Class
All persons or entities that purchased Chembio common stock directly in and/or traceable to Chembio’s public offering of common stock pursuant to a Prospectus supplement dated May 7, 2020 (the “May 2020 Offering”) or if you purchased or otherwise acquired Chembio common stock during the period between March 12, 2020 through June 16, 2020, inclusive.
Claim Administrator
Gilardi & Co. LLC
Chembio Securities Settlement
Claims Administrator
c/o Gilardi & Co. LLC
P.O. Box 301134
Los Angeles, CA 90030-1134
+1 866-796-2048
[email protected]
Settlement Website
http://www.chembiosecuritiessettlement.com/Hearing Date
June 5, 2023
Opt-out Deadline
May 15, 2023
Settlement Note
Download hereProof Of Claim
Download here
Docket History
Jun 6, 2023
Final Approval of Settlement
Feb 3, 2023
Feb 3, 2023
Preliminary Approval of Settlement
Feb 3, 2023
Proof of Claim Form
Dec 28, 2022
Proposed Settlement
Jul 26, 2022
Second Amended Complaint
Feb 23, 2022
Motion to Dismiss Denied in Part
Mar 26, 2021
Motion to Dismiss
Feb 12, 2021
First Amended Complaint
Jan 23, 2021
Dec 29, 2020
Appointment of Lead Plaintiff
Aug 17, 2020
Additional Complaint
Jul 3, 2020
Additional Complaint
Jun 22, 2020
Additional Complaint (Change in CP)
Jun 18, 2020
First Filed Complaint
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