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

0

Closed

2

Total Settlement

$0

FAC PROPERTYS LLC (PM) Class Action Lawsuit (December 2017)

Closed

2:17cv13504 • December 21, 2017

Class Period Start

July 26, 2016

Class Period End

December 20, 2017

PSLRA Deadline

December 11, 2018

Case Allegations

10b5

Statutes of Repose

Jul 26, 2019

Country

United States

Court

Federal Court

Docket History

Mar 4, 2019

Voluntary Dismissal

The plaintiff in this action has chosen not to proceed with the case. Once a case is voluntary dismissed, the courts will usually close the case and no further action will be taken.

Mar 15, 2018

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.

Dec 21, 2017

First Filed Complaint

A securities fraud class action complaint has been filed on behalf of certain investors in FAC PROPERTYS LLC.

FAC PROPERTYS LLC (PM) Class Action Lawsuit (September 2018)

Closed

21-2546 • September 4, 2018

Class Period Start

July 26, 2016

Class Period End

April 18, 2018

PSLRA Deadline

November 5, 2018

Case Allegations

10b5

Statutes of Repose

Jul 26, 2019

Country

United States

Court

Federal Court

Docket History

Dec 26, 2023

Ruling on Appeal - Closed

Oct 8, 2021

On Appeal

Sep 10, 2021

Motion to Dismiss Granted

The court has granted the defendants' request to dismiss the lawsuit. Depending on the court's decision, the plaintiffs may be allowed to file an updated complaint or pursue an appeal.

Nov 2, 2020

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 28, 2020

Second Amended Complaint

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

View all Updates

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