Securities fraud litigation history and active cases
Active Cases
0
Pending Settlement
1
Closed
0
Total Settlement
$39M
Opendoor Technologies Inc. (OPEN) Class Action Lawsuit (October 2022)Pending Settlement
2:22cv1717 • October 7, 2022
Class Period Start
April 1, 2020
Class Period End
May 27, 2025
PSLRA Deadline
December 6, 2022
Case Allegations
10b5 + Sec11
10b-5 Statutes of Repose
Apr 1, 2023
Sec11 Statutes of Repose
Dec 27, 2023
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
December 27, 2025
Settlement Fund
$39,000,000
Settlement Status
Final Approval
Settlement Class
All persons or entities that purchased or otherwise acquired Opendoor Technologies Inc. (“Opendoor” or “the Company”) (NASDAQ: OPEN; CUSIP: 683712103) common stock (i) pursuant and/or traceable to the Offering Documents issued in connection with Opendoor’s de-SPAC Merger on or about December 21, 2020 (“de-SPAC Merger”) and/or its February 2021 Offering on or about February 4, 2021 (“February 2021 Offering”), and/or (ii) on the NASDAQ or any U.S.-based trading platform during the period from December 21, 2020 through November 3, 2022, both dates inclusive.
Claim Administrator
Verita Global, LLC
P.O. Box 301171
Los Angeles, CA 90030-1171
+1 888-999-6212
[email protected]
Settlement Website
https://www.opendoorsecuritiessettlement.com/Hearing Date
January 6, 2026
Opt-out Deadline
December 16, 2025
Settlement Note
Download hereProof Of Claim
Download here
Docket History
Jan 7, 2026
Final Approval of Settlement
Dec 9, 2025
Motion for Final Approval of Settlement
Nov 4, 2025
Notice of Pendency
Nov 4, 2025
Proof of Claim Form
Oct 21, 2025
Preliminary Approval of Settlement
Jun 13, 2025
Motion for Preliminary Approval of Settlement
Feb 28, 2025
Motion for Class Certification
Feb 28, 2024
Motion to Dismiss Granted
Jun 30, 2023
Motion to Dismiss
Jun 30, 2023
Motion to Dismiss
Apr 17, 2023
First Amended Complaint
Feb 2, 2023
Appointment of Lead Plaintiff
Nov 22, 2022
Additional Complaint
Oct 7, 2022
First Filed Complaint
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