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

MERIT MEDICAL SYSTEMS INC (MMSI) Class Action Lawsuit (December 2019)

Closed

8:19cv2326 • December 3, 2019

Class Period Start

February 26, 2019

Class Period End

January 28, 2020

PSLRA Deadline

February 3, 2020

Case Allegations

10b5

Statutes of Repose

Feb 26, 2022

Country

United States

Court

Federal Court

Settlement Information

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 25, 2022

Settlement Fund

$18,250,000

Settlement Status

Disbursed

Settlement Class

All persons or entities that purchased the common stock of Merit Medical Systems, Inc. (“Merit” or the “Company”) during the period from February 26, 2019 through October 30, 2019, inclusive.

Claim Administrator

A.B. Data, Ltd.
Merit Medical Securities Litigation c/o A.B. Data, Ltd. P.O. Box 173117 Milwaukee, WI 53217
+1 877-242-2522
[email protected]

Hearing Date

April 13, 2022

Opt-out Deadline

March 23, 2022

Settlement Note

Download here

Proof Of Claim

Download here

Docket History

Jan 5, 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.

Apr 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.

Jan 25, 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 3, 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.

Dec 22, 2021

Proposed Settlement

Dec 7, 2021

Scheduling Order

Sep 3, 2021

Scheduling Order

Jun 4, 2021

Scheduling Order

Mar 29, 2021

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.

Aug 14, 2020

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.

Jun 30, 2020

First Amended Complaint

A new complaint has been filed on behalf of certain investors in MERIT MEDICAL SYSTEMS INC. Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.

May 18, 2020

Scheduling Order

Mar 17, 2020

Scheduling Order

Feb 24, 2020

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.

Jan 27, 2020

Scheduling Order

Dec 3, 2019

First Filed Complaint

A securities fraud class action complaint has been filed on behalf of certain investors in MERIT MEDICAL SYSTEMS INC.

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