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

In Litigation

0

Settlement

0

Closed

1

Total Settlement

$129M

GRANITE CONSTRUCTION INC (GVA) Class Action Lawsuit (August 2019)

Closed

3:19cv4744 • August 13, 2019

Class Period Start

February 17, 2017

Class Period End

October 25, 2021

PSLRA Deadline

October 15, 2019

Case Allegations

10b5

Statutes of Repose

Feb 17, 2020

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

January 24, 2022

Settlement Fund

$129,000,000

Settlement Status

Disbursed

Settlement Class

All persons or entities that purchased or otherwise acquired Granite Construction Incorporated common stock during the period of February 17, 2017, through October 24, 2019, inclusive.

Claim Administrator

Epiq
Granite Securities Litigation Claims Administrator P.O. Box 5197 Portland, OR 97208-5197
+1 800-280-6458
[email protected]

Hearing Date

February 24, 2022

Opt-out Deadline

December 3, 2021

Settlement Note

Download here

Proof Of Claim

Download here

Docket History

Nov 1, 2022

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.

Aug 24, 2022

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.

Apr 20, 2022

On Appeal

Mar 17, 2022

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.

Oct 25, 2021

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.

View all Updates

TOP