Securities fraud litigation history and active cases
In Litigation
0
Settlement
1
Closed
0
Total Settlement
$39M
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
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
Jan 7, 2026
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 9, 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.
Nov 4, 2025
Notice of Pendency
Nov 4, 2025
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.
Oct 21, 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.
TOP
