Securities fraud litigation history and active cases
In Litigation
0
Settlement
0
Closed
1
Total Settlement
$2.75M
1:23cv10645 • October 4, 2023
Class Period Start
August 18, 2022
Class Period End
August 19, 2024
PSLRA Deadline
December 4, 2023
Case Allegations
10b5 + Sec11
10b-5 Statutes of Repose
Aug 18, 2025
Sec11 Statutes of Repose
Aug 19, 2025
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
October 6, 2025
Settlement Fund
$2,750,000
Settlement Status
Disbursed
Settlement Class
All persons or entities that purchased or acquired GigaCloud Technology Inc. Class A ordinary shares during the period from August 18, 2022 through May 22, 2024, inclusive.
Claim Administrator
Strategic Claims Services
P.O. Box 230
600 N. Jackson Street, Suite 205
Media, PA 19063
+1 866-274-4004
[email protected]
Settlement Website
https://gigacloudsecuritiessettlement.com/important-documents/Hearing Date
October 9, 2025
Opt-out Deadline
September 18, 2025
Settlement Note
Download hereProof Of Claim
Download here
Sep 14, 2026
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.
Oct 10, 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.
Sep 4, 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.
Jun 20, 2025
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, 2025
Notice of Pendency
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