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

Longfin Corp. (LFIN) Class Action Lawsuit (April 2018)

Closed

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

Docket History

Sep 2, 2020

On Appeal

May 14, 2020

Class Certification Granted

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).

Apr 27, 2020

Scheduling Order

Apr 20, 2020

Scheduling Order

Jan 8, 2020

Scheduling Order

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.

Dec 30, 2019

Scheduling Order

Sep 10, 2019

Scheduling Order

Jun 28, 2019

Second Amended Complaint

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

Second Amended Complaint

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 21, 2019

Scheduling Order

Apr 25, 2019

Scheduling Order

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

Motion to Dismiss Denied

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

Motion to Dismiss Denied

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

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.

Oct 18, 2018

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 11, 2018

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 9, 2018

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.

Sep 25, 2018

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.

Sep 12, 2018

Scheduling Order

Sep 12, 2018

Scheduling Order

Aug 14, 2018

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.

Jul 27, 2018

First Amended Complaint

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 21, 2018

Scheduling Order

Apr 3, 2018

First Filed Complaint

A securities fraud class action complaint has been filed on behalf of certain investors in Longfin Corp. .

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