2:22cv1159 • April 5, 2022
Class Period Start
May 14, 2021
Class Period End
August 3, 2022
PSLRA Deadline
June 6, 2022
Case Allegations
10b5 + Sec11
10b-5 Statutes of Repose
May 14, 2024
Sec11 Statutes of Repose
Jul 30, 2024
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
September 2, 2025
Settlement Fund
$6,500,000
Settlement Status
Disbursed
Settlement Class
All persons or entities that (a) purchased or otherwise acquired public shares in PLAYSTUDIOS, Inc., including by way of exchange of publicly-listed Acies shares pursuant to or traceable to the proxy/registration statement that Playstudios filed with the SEC on Form S-4 on February 16, 2021, and amended on Forms S-4/A on March 26, 2021, May 10, 2021, May 18, 2021, and May 20, 2021, and the body of which was incorporated into the final prospectus on Form 424(b)(3) filed on May 25, 2021; (b) were solicited to approve the merger between Playstudios and Acies and exchanged publicly listed Acies shares for Playstudios Class A Ordinary Shares rather than redeeming the same pursuant to the Proxy/Registration Statement; or (c) purchased or otherwise acquired Playstudios common stock between August 11, 2021 and May 5, 2022, both dates inclusive; and as to any of (a)-(c) were damaged thereby, you could get a payment from a class action settlement.
Claim Administrator
A.B. Data, Ltd.
P.O. Box 173029
Milwaukee, WI 53217
+1 877-307-6170
[email protected]
Settlement Website
https://playstudiossecuritieslitigation.com/home/Hearing Date
October 14, 2025
Opt-out Deadline
September 17, 2025
Settlement Note
Download hereProof Of Claim
Download here
Jun 26, 2026
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 7, 2025
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.
Sep 15, 2025
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.
Jun 27, 2025
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.
Jun 27, 2025
Jun 27, 2025
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.
Mar 6, 2025
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.
Mar 31, 2024
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.
Dec 21, 2022
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 4, 2022
A new complaint has been filed on behalf of certain investors in PLAYSTUDIOS, Inc.. Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.
Jul 12, 2022
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.
Apr 5, 2022
A securities fraud class action complaint has been filed on behalf of certain investors in PLAYSTUDIOS, Inc..
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