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

1

Closed

1

Total Settlement

$44M

IMMUNOMEDICS INC (IMMU) Class Action Lawsuit (December 2018)

Settlement

2:18cv17645 • December 27, 2018

Class Period Start

February 8, 2018

Class Period End

April 17, 2019

PSLRA Deadline

February 25, 2019

Case Allegations

10b5

Statutes of Repose

Feb 8, 2021

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 8, 2023

Settlement Fund

$40,000,000

Settlement Status

Final Approval

Settlement Class

All persons or entities that purchased or otherwise acquired Immunomedics common stock during the period between February 9, 2018 and January 17, 2019, inclusive.

Claim Administrator

JND Legal Administration
Immunomedics Securities Settlement Claims Administrator c/o JND Legal Administration P.O. Box 91456 Seattle, WA 98111
+1 855-678-0183
[email protected]

Hearing Date

June 15, 2019

Opt-out Deadline

May 25, 2023

Settlement Note

Download here

Proof Of Claim

Download here

Docket History

Jun 15, 2023

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.

Feb 23, 2023

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.

Feb 22, 2023

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.

Jan 20, 2023

Proposed Settlement

Jun 2, 2022

Motion for Class Certification

The plaintiffs have asked the court to approve the lawsuit to proceed as a class action on behalf of a group of investors. The judge will decide whether the case meets the requirements for class certification and which investors and claims may be included.

View all Updates

IMMUNOMEDICS INC (IMMU) Class Action Lawsuit (June 2016)

Closed

2:16cv3335 • June 9, 2016

Class Period Start

May 1, 2016

Class Period End

September 23, 2016

PSLRA Deadline

August 8, 2016

Case Allegations

10b5

Statutes of Repose

May 1, 2019

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

December 6, 2022

Settlement Fund

$4,000,000

Settlement Status

Disbursed

Settlement Class

All persons or entities that purchased the publicly traded securities of Immunomedics, Inc. (“Immunomedics”) from May 2, 2016, through June 24, 2016, both dates inclusive.

Claim Administrator

Strategic Claims Services
Immunomedics, Inc. Securities Litigation c/o Strategic Claims Services 600 N. Jackson St., Ste. 205 P.O. Box 230 Media, PA 19063
+1 400-4__-____
[email protected]

Hearing Date

January 19, 2023

Opt-out Deadline

December 29, 2022

Settlement Note

Download here

Proof Of Claim

Download here

Docket History

May 30, 2023

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.

Jan 19, 2023

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 5, 2022

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.

Oct 5, 2022

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.

Apr 14, 2022

Proposed Settlement

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