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

Nielsen Holdings plc (NLSN) Class Action Lawsuit (August 2018)

Closed

1:18cv7143 • August 8, 2018

Class Period Start

February 10, 2016

Class Period End

October 23, 2018

PSLRA Deadline

October 9, 2018

Case Allegations

10b5

Statutes of Repose

Feb 10, 2019

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

July 15, 2022

Settlement Fund

$73,000,000

Settlement Status

Disbursed

Settlement Class

All persons or entities that purchased or otherwise acquired Nielsen publicly traded common stock during the period from February 11, 2016 through July 25, 2018, inclusive.

Claim Administrator

Epiq
Nielsen Securities Litigation c/o EPIQ PO Box 5890 Portland, OR 97228-5890
+1 855-662-0033
[email protected]

Hearing Date

July 20, 2022

Opt-out Deadline

June 29, 2022

Settlement Note

Download here

Proof Of Claim

Download here

Docket History

May 9, 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.

Jul 21, 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.

Apr 18, 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.

Apr 4, 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.

Mar 15, 2022

Proposed Settlement

Oct 8, 2021

Scheduling Order

Jul 21, 2021

Scheduling Order

Jul 15, 2021

Motion for Class Certification

The plaintiffs have asked the court to approve the lawsuit to proceed as a class action on behalf of a group of investors. The judge will decide whether the case meets the requirements for class certification and which investors and claims may be included.

Feb 5, 2021

Scheduling Order

Jan 4, 2021

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.

Nov 27, 2019

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.

Nov 26, 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.

Sep 27, 2019

Second Amended Complaint

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

Sep 6, 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 12, 2019

First Amended Complaint

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

Jun 21, 2019

First Amended Complaint

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

Apr 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.

Sep 21, 2018

Additional Complaint

Another plaintiff has filed a complaint on behalf of investors in Nielsen Holdings plc. The allegations and class definitions are substantively the same.

Aug 8, 2018

First Filed Complaint

A securities fraud class action complaint has been filed on behalf of certain investors in Nielsen Holdings plc.

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