5:11cv1252 • March 15, 2011
Class Period Start
December 2, 2010
Class Period End
June 7, 2011
PSLRA Deadline
May 16, 2011
Case Allegations
10b5
Statutes of Repose
Dec 2, 2013
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
February 26, 2021
Settlement Fund
$6,800,000
Settlement Status
Disbursed
Settlement Class
All persons or entities that PURCHASED OR OTHERWISE ACQUIRED FINISAR CORPORATION (“FINISAR”) COMMON STOCK (NASDAQ:FNSR) BETWEEN DECEMBER 2, 2010 AND MARCH 8, 2011, INCLUSIVE
Claim Administrator
Angeion Group
Finisar Securities Litigation
c/o Claims Admin
1650 Arch Street Suite 2210
Philadelphia, PA 19103
+1 833-935-2722
[email protected]
Settlement Website
-Hearing Date
February 11, 2021
Opt-out Deadline
January 7, 2021
Settlement Note
Download hereProof Of Claim
Download here
Feb 16, 2021
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.
Feb 16, 2021
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.
Oct 1, 2020
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.
Oct 1, 2020
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.
Jun 20, 2019
Oct 10, 2018
Motion for Class Certification
The plaintiffs have asked the court to approve the lawsuit to proceed as a class action on behalf of a group of investors. The judge will decide whether the case meets the requirements for class certification and which investors and claims may be included.
Dec 5, 2017
The court has denied the request to proceed as a class action. This means the case cannot move forward on behalf of the proposed group of investors unless that decision changes or the court later approves a revised request.
Aug 14, 2017
Motion for Class Certification
The plaintiffs have asked the court to approve the lawsuit to proceed as a class action on behalf of a group of investors. The judge will decide whether the case meets the requirements for class certification and which investors and claims may be included.
May 1, 2017
The court has denied the defendants' request to dismiss the lawsuit. The case can now move forward to the next stage of litigation.
Aug 19, 2016
After reviewing the complaint(s) filed by plaintiffs, defendants have filed a motion requesting that the court dismiss some or all of the plaintiffs' claims. In a motion to dismiss, defendants might challenge the validity of plaintiffs' claims or adequacy of plaintiffs' pleadings. Once a motion to dismiss is filed, the judge will make a decision on whether part or all of the case should be dismissed or the case can proceed as alleged.
Jul 15, 2016
A new complaint has been filed on behalf of certain investors in FINISAR CORP. Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.
Sep 30, 2013
The court has granted the defendants' request to dismiss the lawsuit. Depending on the court's decision, the plaintiffs may be allowed to file an updated complaint or pursue an appeal.
Feb 20, 2013
After reviewing the complaint(s) filed by plaintiffs, defendants have filed a motion requesting that the court dismiss some or all of the plaintiffs' claims. In a motion to dismiss, defendants might challenge the validity of plaintiffs' claims or adequacy of plaintiffs' pleadings. Once a motion to dismiss is filed, the judge will make a decision on whether part or all of the case should be dismissed or the case can proceed as alleged.
Feb 6, 2013
A new complaint has been filed on behalf of certain investors in FINISAR CORP. Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.
Jan 16, 2013
The court has granted the defendants' request to dismiss the lawsuit. Depending on the court's decision, the plaintiffs may be allowed to file an updated complaint or pursue an appeal.
Mar 23, 2012
After reviewing the complaint(s) filed by plaintiffs, defendants have filed a motion requesting that the court dismiss some or all of the plaintiffs' claims. In a motion to dismiss, defendants might challenge the validity of plaintiffs' claims or adequacy of plaintiffs' pleadings. Once a motion to dismiss is filed, the judge will make a decision on whether part or all of the case should be dismissed or the case can proceed as alleged.
Oct 27, 2011
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.
Mar 15, 2011
A securities fraud class action complaint has been filed on behalf of certain investors in FINISAR CORP.
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