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

Karyopharm Therapeutics Inc. (KPTI) Class Action Lawsuit (July 2019)

Closed

21-1657 • July 23, 2019

Class Period Start

March 2, 2017

Class Period End

February 22, 2019

PSLRA Deadline

September 23, 2019

Case Allegations

10b5 + Sec11

10b-5 Statutes of Repose

Mar 2, 2020

Sec11 Statutes of Repose

Apr 28, 2020

Country

United States

Court

Federal Court

Docket History

Aug 24, 2021

On Appeal

Jul 21, 2021

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.

Nov 2, 2020

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.

Oct 22, 2020

Second Amended Complaint

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

Oct 16, 2020

Scheduling Order

Jul 31, 2020

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.

Jun 29, 2020

First Amended Complaint

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

May 14, 2020

Scheduling Order

Apr 29, 2020

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.

Mar 12, 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.

Sep 17, 2019

Additional Complaint

Another plaintiff has filed a complaint on behalf of investors in Karyopharm Therapeutics Inc.. The allegations and class definitions are substantively the same.

Jul 23, 2019

First Filed Complaint

A securities fraud class action complaint has been filed on behalf of certain investors in Karyopharm Therapeutics Inc..

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