20-2948 • April 3, 2018
Class Period Start
December 13, 2017
Class Period End
April 6, 2018
PSLRA Deadline
June 4, 2018
Case Allegations
10b5
Statutes of Repose
Dec 13, 2020
Country
United States
Court
Federal Court
May 14, 2020
The court has determined that a class action is the appropriate method to bring the claims by class members. Usually, when a class is certified, the judge will also affirm an individual or entity to represent the class and finalize a class definition (i.e.: who is represented in the lawsuit).
Jan 3, 2020
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.
Jun 28, 2019
A new complaint has been filed on behalf of certain investors in Longfin Corp. . Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.
Jun 28, 2019
A new complaint has been filed on behalf of certain investors in Longfin Corp. . Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.
Apr 11, 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.
Apr 4, 2019
The court has denied the defendants' request to dismiss the lawsuit. The case can now move forward to the next stage of litigation.
Jan 22, 2019
The court has denied the defendants' request to dismiss the lawsuit. The case can now move forward to the next stage of litigation.
Jan 16, 2019
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.
Oct 18, 2018
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 11, 2018
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 9, 2018
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.
Sep 25, 2018
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.
Aug 14, 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.
Jul 27, 2018
A new complaint has been filed on behalf of certain investors in Longfin Corp. . Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.
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