Securities fraud litigation history and active cases
In Litigation
0
Settlement
1
Closed
0
Total Settlement
$21M
1:22cv453 • February 22, 2022
Class Period Start
October 28, 2020
Class Period End
January 25, 2022
PSLRA Deadline
April 25, 2022
Case Allegations
10b5 + Sec11
10b-5 Statutes of Repose
Oct 28, 2023
Sec11 Statutes of Repose
Oct 28, 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
June 19, 2024
Settlement Fund
$21,000,000
Settlement Status
Final Approval
Settlement Class
All persons and entities who or which either (i) during the period from December 9, 2020 to January 25, 2022, both inclusive (the “Class Period”), purchased or otherwise acquired Gatos common stock listed on the NYSE, or, in domestic transactions, purchased or otherwise acquired publicly traded call options on Gatos common stock, and/or sold publicly traded put options on Gatos common stock, and were damaged thereby; or (ii) purchased or otherwise acquired Gatos common stock pursuant or traceable to the 2020 Registration Statement or the 2021 Registration Statement, in domestic transactions or on the NYSE, and were damaged thereby.
Claim Administrator
Epiq
Gatos U.S. Securities Litigation
Claims Administrator
P.O. Box 5768
Portland, OR 97228-5768
+1 877-757-6172
[email protected]
Settlement Website
https://www.gatossecuritieslitigation.com/Hearing Date
May 31, 2024
Opt-out Deadline
May 5, 2024
Settlement Note
Download hereProof Of Claim
Download here
Oct 15, 2024
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.
Apr 26, 2024
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.
Mar 21, 2024
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.
Feb 29, 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.
Jul 17, 2023
Motion to Dismiss Denied
The court has denied the defendants' request to dismiss the lawsuit. The case can now move forward to the next stage of litigation.
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