Securities fraud litigation history and active cases
In Litigation
0
Settlement
0
Closed
3
Total Settlement
$98M
18-56361 • June 27, 2017
Class Period Start
October 20, 2016
Class Period End
April 20, 2017
PSLRA Deadline
August 28, 2017
Case Allegations
10b5
Statutes of Repose
Oct 20, 2019
Country
United States
Court
Federal Court
Feb 20, 2020
Ruling on Appeal - Closed
Oct 17, 2018
On Appeal
May 24, 2018
Motion to Dismiss Granted
The court has granted the defendants' request to dismiss the lawsuit. Depending on the court's decision, the plaintiffs may be allowed to file an updated complaint or pursue an appeal.
Jan 24, 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.
Nov 28, 2017
First Amended Complaint
A new complaint has been filed on behalf of certain investors in MATTEL INC /DE/. Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.
2:19cv1646 • March 6, 2019
Class Period Start
February 7, 2019
Class Period End
February 15, 2019
PSLRA Deadline
May 6, 2019
Case Allegations
10b5
Statutes of Repose
Feb 7, 2022
Country
United States
Court
Federal Court
Jan 31, 2020
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.
Jan 21, 2020
Motion to Dismiss Granted
The court has granted the defendants' request to dismiss the lawsuit. Depending on the court's decision, the plaintiffs may be allowed to file an updated complaint or pursue an appeal.
Aug 22, 2019
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.
Jul 8, 2019
First Amended Complaint
A new complaint has been filed on behalf of certain investors in MATTEL INC /DE/. Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.
May 22, 2019
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.
2:19cv10860 • December 24, 2019
Class Period Start
August 2, 2017
Class Period End
November 6, 2019
PSLRA Deadline
February 24, 2020
Case Allegations
10b5
Statutes of Repose
Aug 2, 2020
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
June 8, 2022
Settlement Fund
$98,000,000
Settlement Status
Disbursed
Settlement Class
All persons or entities that purchased or otherwise acquired the common stock of Mattel, Inc. (“Mattel” or the “Company”) from August 2, 2017 to August 8, 2019, inclusive.
Claim Administrator
JND Legal Administration
Mattel Securities Litigation
c/o JND Legal Administration
P.O. Box 91434
Seattle, WA 98111
+1 877-379-5987
[email protected]
Settlement Website
https://www.mattelsecuritieslitigation.com/Hearing Date
May 2, 2022
Opt-out Deadline
April 11, 2022
Settlement Note
Download hereProof Of Claim
Download here
Nov 22, 2023
Disbursement Approved
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.
May 18, 2022
Final Approval of Settlement
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.
Feb 8, 2022
Proof of Claim Form
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.
Jan 18, 2022
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.
Nov 24, 2021
Proposed Settlement
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