Securities fraud litigation history and active cases
In Litigation
0
Settlement
0
Closed
3
Total Settlement
$3M
20-1511 • August 2, 2018
Class Period Start
March 29, 2018
Class Period End
July 31, 2018
PSLRA Deadline
October 1, 2018
Case Allegations
10b5
Statutes of Repose
Mar 29, 2021
Country
United States
Court
Federal Court
Jun 26, 2020
Voluntary Dismissal
The plaintiff in this action has chosen not to proceed with the case. Once a case is voluntary dismissed, the courts will usually close the case and no further action will be taken.
May 6, 2020
On Appeal
Apr 7, 2020
Motion to Dismiss Granted
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.
Dec 6, 2019
Motion to Dismiss
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 22, 2019
Motion to Dismiss
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.
1:18cv6960 • August 2, 2018
Class Period Start
November 2, 2016
Class Period End
July 31, 2018
PSLRA Deadline
October 1, 2018
Case Allegations
10b5
Statutes of Repose
Nov 2, 2019
Country
United States
Court
Federal Court
Oct 3, 2018
Voluntary Dismissal
The plaintiff in this action has chosen not to proceed with the case. Once a case is voluntary dismissed, the courts will usually close the case and no further action will be taken.
Aug 2, 2018
First Filed Complaint
A securities fraud class action complaint has been filed on behalf of certain investors in GDS Holdings Ltd.
2:23cv4900 • June 21, 2023
Class Period Start
July 12, 2020
Class Period End
July 3, 2023
PSLRA Deadline
August 21, 2023
Case Allegations
10b5
Statutes of Repose
Jul 12, 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
January 13, 2025
Settlement Fund
$3,000,000
Settlement Status
Disbursed
Settlement Class
All persons or entities that purchased GDS Holdings Limited (“GDS”) American Depositary Shares (“ADS”) during the period between July 13, 2020 and April 3, 2023, both dates inclusive.
Claim Administrator
Strategic Claims Services
GDS Holdings Limited Securities Litigation
c/o Strategic Claims Services
600 N. Jackson St., Ste. 205
P.O. Box 230
Media, PA 19063
+1 866-274-4004
[email protected]
Settlement Website
https://www.strategicclaims.net/GDS/Hearing Date
February 10, 2025
Opt-out Deadline
January 6, 2025
Settlement Note
Download hereProof Of Claim
Download here
Jun 12, 2025
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.
Jun 12, 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.
Dec 30, 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.
Oct 9, 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.
Oct 9, 2024
Notice of Pendency
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