Securities fraud litigation history and active cases
In Litigation
0
Settlement
0
Closed
2
Total Settlement
$750K
1:18cv9228 • October 9, 2018
Class Period Start
October 8, 2015
Class Period End
September 7, 2018
PSLRA Deadline
November 27, 2018
Case Allegations
10b5
Statutes of Repose
Oct 8, 2018
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
May 20, 2020
Settlement Fund
$750,000
Settlement Status
Disbursed
Settlement Class
All persons or entities that purchased or otherwise acquired MGT (New York Stock Exchange NYSE MKT symbol: “MGTI”) between October 9, 2015 and September 7, 2018, inclusive.
Claim Administrator
Strategic Claims Services
Guyer v. MGT Capital Investments, Inc. Securities Litigation Settlement, c/o Strategic Claims Services 600 N. Jackson St., Suite 205 P.O. Box 230 Media, PA 19063
+1 866-274-4004
[email protected]
Settlement Website
https://www.strategicclaims.net/guyer-v-mgt-capital-investments-inc/Hearing Date
May 27, 2020
Opt-out Deadline
May 6, 2020
Settlement Note
Download hereProof Of Claim
Download here
May 12, 2021
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 27, 2020
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.
Dec 17, 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.
Dec 13, 2019
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.
Jul 1, 2019
Scheduling Order
2:18cv14380 • September 28, 2018
Class Period Start
October 9, 2015
Class Period End
September 7, 2018
PSLRA Deadline
November 27, 2018
Case Allegations
10b5
Statutes of Repose
Oct 9, 2018
Country
United States
Court
Federal Court
Aug 7, 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.
Jul 31, 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.
Jan 8, 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.
Sep 28, 2018
First Filed Complaint
A securities fraud class action complaint has been filed on behalf of certain investors in MGT CAPITAL INVESTMENTS, INC..
TOP
