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

$3.6M

CPI AEROSTRUCTURES INC (CVU) Class Action Lawsuit (February 2020)Pending Settlement

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

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

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]

Hearing Date

September 9, 2022

Opt-out Deadline

August 19, 2022

Settlement Note

Download here

Proof Of Claim

Download here

Docket History

Mar 10, 2023

Final Approval of Settlement

Jun 7, 2022

Jun 7, 2022

Proof of Claim Form

May 27, 2022

Preliminary Approval of Settlement

Jul 9, 2021

Proposed Settlement

Sep 24, 2020

First Amended Complaint

May 5, 2020

Appointment of Lead Plaintiff

Feb 25, 2020

Additional Complaint

Feb 24, 2020

First Filed Complaint

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