Securities fraud litigation history and active cases
In Litigation
0
Settlement
0
Closed
2
Total Settlement
$55M
3:18cv5956 • September 27, 2018
Class Period Start
July 30, 2018
Class Period End
September 25, 2018
PSLRA Deadline
November 26, 2018
Case Allegations
10b5
Statutes of Repose
Jul 30, 2021
Country
United States
Court
Federal Court
Mar 29, 2019
Voluntary Dismissal
The plaintiff in this action has chosen not to proceed with the case. Once a case is voluntary dismissed, the courts will usually close the case and no further action will be taken.
Jan 24, 2019
Appointment of Lead Plaintiff
The court has appointed a lead plaintiff to represent the interests of investors in the lawsuit. The lead plaintiff works with the attorneys handling the case, helps oversee the litigation, and represents the interests of the proposed class.
Sep 27, 2018
First Filed Complaint
A securities fraud class action complaint has been filed on behalf of certain investors in CHEGG, INC.
5:21cv9953 • December 22, 2021
Class Period Start
May 5, 2020
Class Period End
January 28, 2022
PSLRA Deadline
February 22, 2022
Case Allegations
10b5
Statutes of Repose
May 5, 2023
Country
United States
Court
Federal Court
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
March 31, 2025
Settlement Fund
$55,000,000
Settlement Status
Disbursed
Settlement Class
All persons or entities that purchased or otherwise acquired Chegg, Inc. (“Chegg” or the “Company”) common stock between May 5, 2020, and November 1, 2021, inclusive, and who were damaged thereby.
Claim Administrator
A.B. Data, Ltd.
P.O. Box 173024 Milwaukee, WI 53217
+1 877-884-2550
[email protected]
Settlement Website
https://cheggsecuritieslitigation.com/home/Hearing Date
April 24, 2025
Opt-out Deadline
March 27, 2025
Settlement Note
Download hereProof Of Claim
Download here
Nov 18, 2025
Disbursement Approved
The court has approved the distribution of settlement funds to eligible class members. Investors with approved claims may receive payments from the settlement. If you have questions about your claim or payment, contact the claims administrator.
May 21, 2025
Final Approval of Settlement
The court has granted final approval of the settlement. Eligible investors who submit valid claims may receive a payment once the claims review and distribution process is completed.
Feb 27, 2025
Motion for Final Approval of Settlement
The parties have asked the court to grant final approval of the proposed settlement. The judge will consider whether the settlement should be approved after reviewing the settlement terms and any objections. If approved, eligible investors who submit valid claims may receive a payment after the claims review and distribution process is completed.
Dec 19, 2024
Preliminary Approval of Settlement
The court has granted preliminary approval of a proposed settlement. This means the settlement can move forward for further consideration, but it has not yet received final approval. Potential class members will generally receive notice explaining the settlement, their rights, and any deadlines for submitting a claim, objecting to the settlement, or choosing not to participate.
Dec 19, 2024
Notice of Pendency
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