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

Securities Class Action

Securities fraud litigation history and active cases

In Litigation

0

Settlement

1

Closed

0

Total Settlement

$9.25M

Oatly Group AB (OTLY) Class Action Lawsuit (July 2021)

Settlement

1:21cv6360 • July 26, 2021

Class Period Start

May 20, 2021

Class Period End

November 15, 2021

PSLRA Deadline

September 24, 2021

Case Allegations

10b5 + Sec11

10b-5 Statutes of Repose

May 20, 2024

Sec11 Statutes of Repose

May 20, 2024

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 25, 2024

Settlement Fund

$9,250,000

Settlement Status

Final Approval

Settlement Class

All persons who: 1) purchased or acquired Oatly American Depositary Shares between May 20, 2021 and November 15, 2021, inclusive, or otherwise pursuant to Oatly's offering documents and were damaged thereby; and/or 2) purchased or acquired call options on Oatly ADS shares or sold put options on Oatly ADS Shares during the class period or otherwise pursuant to Oatly's offering documents and were damaged thereby.

Claim Administrator

Gilardi & Co. LLC
P.O. Box 301170 Los Angeles, CA 90030-1170
+1 888-298-4510
[email protected]

Hearing Date

July 17, 2024

Opt-out Deadline

June 17, 2024

Settlement Note

Download here

Proof Of Claim

Download here

Docket History

Jul 17, 2024

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.

Jun 3, 2024

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.

Mar 28, 2024

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.

Mar 28, 2024

Proposed Settlement

Mar 28, 2024

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.

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