Securities fraud litigation history and active cases
In Litigation
0
Settlement
0
Closed
2
Total Settlement
$30M
3:21cv444 • July 9, 2021
Class Period Start
February 22, 2019
Class Period End
October 25, 2021
PSLRA Deadline
September 7, 2021
Case Allegations
10b5
Statutes of Repose
Feb 22, 2022
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
June 25, 2024
Settlement Fund
$30,000,000
Settlement Status
Disbursed
Settlement Class
All persons or entities who purchased or otherwise acquired James River common stock during the period from February 22, 2019 through October 25, 2021, inclusive, and who were damaged thereby.
Claim Administrator
A.B. Data, Ltd.
James River Securities Litigation
c/o A.B. Data, Ltd.
P.O. Box 173139
Milwaukee, WI 53217
+1 877-495-0945
[email protected]
Settlement Website
https://www.jamesriversecuritieslitigation.com/Hearing Date
May 24, 2024
Opt-out Deadline
May 3, 2024
Settlement Note
Download hereProof Of Claim
Download here
Mar 28, 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.
May 24, 2024
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 26, 2024
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 26, 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.
Dec 22, 2023
Proposed Settlement
1:23cv10000 • November 13, 2023
Class Period Start
May 2, 2023
Class Period End
November 7, 2023
PSLRA Deadline
January 12, 2024
Case Allegations
10b5
Statutes of Repose
May 2, 2026
Country
United States
Court
Federal Court
Feb 24, 2025
No Appeal- Closed
Jan 23, 2025
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.
Jul 23, 2024
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 24, 2024
First Amended Complaint
A new complaint has been filed on behalf of certain investors in James River Group Holdings, Inc.. Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.
Mar 25, 2024
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.
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