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
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 13, 2019
Settlement Fund
$300,000
Settlement Status
Disbursed
Settlement Class
All persons or entities that purchased OR OTHERWISE ACQUIRED THE SECURITIES OF LANNETT COMPANY, INC. (“LANNETT” OR THE “COMPANY”) DURING THE PERIOD FROM FEBRUARY 8, 2018 THROUGH AND INCLUDING AUGUST 17, 2018, AND HELD SUCH SHARES UNTIL AT LEAST AUGUST 17, 2018
Claim Administrator
JND Legal Administration
Lannett Company, Inc. Securities Litigation
c/o JND Legal Administration
PO Box 91153
Seattle, WA 98111
+1 833-216-4462
[email protected]
Settlement Website
-Hearing Date
February 7, 2020
Opt-out Deadline
December 16, 2019
Settlement Note
Download hereProof Of Claim
Download here
Apr 22, 2021
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.
Feb 7, 2020
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.
Jul 31, 2019
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.
Jul 31, 2019
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.
Mar 13, 2019
Motion to Dismiss Denied in Part
The court has determined that plaintiffs have adequately alleged some of their claims, but have failed to adequately allege other claims. The judge has therefore denied in part the motion to dismiss filed by defendants and written an order stating which claims are dismissed and which remain. The case will proceed and parties will litigate the remaining claims.
Jan 15, 2019
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.
Nov 30, 2018
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 24, 2018
A securities fraud class action complaint has been filed on behalf of certain investors in LANNETT CO INC.
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