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

Helios and Matheson Analytics Inc. (HMNY) Class Action Lawsuit (August 2018)

Closed

1:18cv6965 • August 2, 2018

Class Period Start

August 14, 2017

Class Period End

October 24, 2018

PSLRA Deadline

October 1, 2018

Case Allegations

10b5

Statutes of Repose

Aug 14, 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

June 7, 2021

Settlement Fund

$8,250,000

Settlement Status

Disbursed

Settlement Class

All persons or entities that purchased or otherwise acquired publicly traded common stock of Helios and Matheson Analytics, Inc. (“Helios”), during the period from August 15, 2017 and July 26, 2018, inclusive.

Claim Administrator

JND Legal Administration
Helios and Matheson Analytics Securities Litigation c/o JND Legal Administration P.O. Box 91384 Seattle, WA 98111
+1 833-707-1451
[email protected]

Settlement Website

-

Hearing Date

May 6, 2021

Opt-out Deadline

April 15, 2021

Settlement Note

Download here

Proof Of Claim

Download here

Docket History

Feb 15, 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.

May 27, 2021

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 14, 2021

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 30, 2021

Scheduling Order

Dec 23, 2020

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.

Dec 23, 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.

Sep 11, 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.

Aug 16, 2019

Third Amended Complaint

A new complaint has been filed on behalf of certain investors in Helios and Matheson Analytics Inc. . Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.

Aug 6, 2019

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.

May 24, 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.

May 3, 2019

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.

Apr 3, 2019

Second Amended Complaint

A new complaint has been filed on behalf of certain investors in Helios and Matheson Analytics Inc. . Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.

Feb 25, 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.

Jan 4, 2019

First Amended Complaint

A new complaint has been filed on behalf of certain investors in Helios and Matheson Analytics Inc. . Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.

Nov 28, 2018

Scheduling Order

Nov 16, 2018

Scheduling Order

Nov 16, 2018

Appointment of Lead Plaintiff

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.

Aug 28, 2018

Scheduling Order

Aug 2, 2018

First Filed Complaint

A securities fraud class action complaint has been filed on behalf of certain investors in Helios and Matheson Analytics Inc. .

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