3:23cv1640 • December 19, 2023
Class Period Start
June 8, 2022
Class Period End
November 14, 2023
PSLRA Deadline
February 20, 2024
Case Allegations
10b5
Statutes of Repose
Jun 8, 2025
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
November 8, 2024
Settlement Fund
$615,000
Settlement Status
Disbursed
Settlement Class
All persons or entities that purchased or otherwise acquired common stock of The Lovesac Company (“Lovesac”) from June 8, 2022, through August 16, 2023, inclusive.
Claim Administrator
Strategic Claims Services
Lovesac Securities Litigation
c/o Strategic Claims Services
600 North Jackson Street
Suite 205
Media, PA 19063
+1 866-274-4004
[email protected]
Settlement Website
https://www.strategicclaims.net/lovesac/Hearing Date
December 9, 2024
Opt-out Deadline
November 4, 2024
Settlement Note
Download hereProof Of Claim
Download here
Aug 28, 2025
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.
Dec 9, 2024
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.
Oct 28, 2024
Motion for Final Approval of Settlement
The parties have asked the court to grant final approval of the proposed settlement. The judge will consider whether the settlement should be approved after reviewing the settlement terms and any objections. If approved, eligible investors who submit valid claims may receive a payment after the claims review and distribution process is completed.
Aug 1, 2024
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.
Aug 1, 2024
Aug 1, 2024
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.
Jul 31, 2024
Motion for Preliminary Approval of Settlement
The parties have asked the court to give preliminary approval to a proposed settlement. The judge will review the request and decide whether the settlement can move forward to the next stage. If approved, potential class members will generally receive information about the settlement and their rights, including any deadlines for taking action.
May 10, 2024
A new complaint has been filed on behalf of certain investors in Lovesac Co. Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.
Mar 11, 2024
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.
Dec 19, 2023
A securities fraud class action complaint has been filed on behalf of certain investors in Lovesac Co.
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