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

Active Cases

0

Pending Settlement

1

Closed

1

Total Settlement

$6.05M

LANNETT CO INC (LCI) Class Action Lawsuit (November 2016)Pending Settlement

2:16cv5932 • November 16, 2016

Class Period Start

July 15, 2014

Class Period End

January 30, 2018

PSLRA Deadline

January 17, 2017

Case Allegations

10b5

Statutes of Repose

Jul 15, 2017

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

April 2, 2026

Settlement Fund

$5,750,000

Settlement Status

Final Approval

Settlement Class

All persons or entities that purchased or acquired the publicly traded common stock of Lannett Company, Inc. (“Lannett” or the “Company”) during the period from July 15, 2014 and October 31, 2017, inclusive.

Claim Administrator

A.B. Data, Ltd.
P.O. Box 173112 Milwaukee, WI 53217
+1 877-316-0186
[email protected]

Hearing Date

March 13, 2026

Opt-out Deadline

March 13, 2026

Settlement Note

Download here

Proof Of Claim

Download here

Docket History

Apr 17, 2026

Final Approval of Settlement

Mar 12, 2026

Motion for Final Approval of Settlement

Jan 2, 2026

Proof of Claim Form

Jan 2, 2026

Notice of Pendency

Dec 9, 2025

Preliminary Approval of Settlement

Oct 17, 2025

Motion for Preliminary Approval of Settlement

Dec 6, 2024

Summary Judgment Denied

Sep 18, 2024

Motion for Summary Judgment

Apr 18, 2023

Ruling on Appeal - Closed

Nov 8, 2021

On Appeal

Aug 17, 2021

Scheduling Order

Aug 12, 2021

Class Certification Granted

Apr 15, 2021

Scheduling Order

Jan 12, 2021

Scheduling Order

Dec 24, 2020

Scheduling Order

Oct 7, 2020

Scheduling Order

Oct 1, 2020

Motion for Class Certification

May 6, 2020

Scheduling Order

Sep 5, 2019

Scheduling Order

Sep 5, 2019

Scheduling Order

May 15, 2019

Motion to Dismiss Denied

Jan 15, 2019

Scheduling Order

Nov 21, 2018

Motion to Dismiss

Oct 26, 2018

Scheduling Order

Sep 21, 2018

Third Amended Complaint

Aug 8, 2018

Scheduling Order

Jul 31, 2018

Motion to Dismiss Granted

May 22, 2018

Scheduling Order

Feb 15, 2018

Motion to Dismiss

Jan 9, 2018

Scheduling Order

Dec 20, 2017

Motion to Dismiss Denied

Dec 14, 2017

Second Amended Complaint

Nov 16, 2017

Scheduling Order

Sep 15, 2017

Motion to Dismiss

Sep 15, 2017

Motion to Dismiss

Aug 21, 2017

Scheduling Order

Jul 28, 2017

Scheduling Order

Jun 29, 2017

Scheduling Order

May 25, 2017

First Amended Complaint

Mar 27, 2017

Scheduling Order

Mar 20, 2017

Appointment of Lead Plaintiff

Nov 16, 2016

First Filed Complaint

LANNETT CO INC (LCI) Class Action Lawsuit (December 1969)Closed

2:18cv3635 • August 24, 2018

Class Period Start

February 7, 2018

Class Period End

August 17, 2018

PSLRA Deadline

October 26, 2018

Case Allegations

10b5

Statutes of Repose

Feb 7, 2021

Country

United States

Court

Federal Court

Docket History

Apr 22, 2021

Disbursement Approved

Feb 7, 2020

Final Approval of Settlement

Jul 31, 2019

Jul 31, 2019

Preliminary Approval of Settlement

Jul 31, 2019

Proof of Claim Form

Mar 13, 2019

Motion to Dismiss Denied in Part

Jan 15, 2019

Motion to Dismiss

Dec 26, 2018

Nov 30, 2018

Appointment of Lead Plaintiff

Aug 24, 2018

First Filed Complaint

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