Securities fraud litigation history and active cases
In Litigation
0
Settlement
1
Closed
0
Total Settlement
$3.6M
1:20cv982 • February 24, 2020
Class Period Start
March 22, 2018
Class Period End
February 14, 2020
PSLRA Deadline
April 24, 2020
Case Allegations
10b5 + Sec11
10b-5 Statutes of Repose
Mar 22, 2021
Sec11 Statutes of Repose
Oct 17, 2021
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
September 26, 2022
Settlement Fund
$3,600,000
Settlement Status
Final Approval
Settlement Class
All persons or entities that purchased CPI common stock during the period between March 22, 2018 through February 14, 2020, inclusive (the “Class Period”), including purchases of CPI common stock issued pursuant and/or traceable to CPI’s offering conducted on or about October 17, 2018.
Claim Administrator
A.B. Data, Ltd.
CPI AeroStructures Securities Settlement
Claims Administrator
c/o A.B. Data, Ltd.
P.O. Box 173056
Milwaukee, WI 53217
+1 631-586-5200
[email protected]
Settlement Website
http://www.cpiaerostructuressecuritiessettlement.com/Hearing Date
September 9, 2022
Opt-out Deadline
August 19, 2022
Settlement Note
Download hereProof Of Claim
Download here
Mar 10, 2023
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.
Jun 7, 2022
Proof of Claim Form
To receive your portion of the recovery (if you are eligible), you must submit this form to the claims administrator by the deadline indicated on the form itself. If you do not submit this form in time, you will not be entitled to compensation. If you have questions about how to complete the form, you should contact the claims administrator.
May 27, 2022
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.
Jul 9, 2021
Proposed Settlement
Sep 24, 2020
First Amended Complaint
A new complaint has been filed on behalf of certain investors in CPI AEROSTRUCTURES INC. Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.
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