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

1

Total Settlement

$17.5M

PORTOLA PHARMACEUTICALS INC (PTLA) Class Action Lawsuit (January 2020)

Closed

3:20cv367 • January 16, 2020

Class Period Start

January 7, 2019

Class Period End

July 1, 2020

PSLRA Deadline

March 16, 2020

Case Allegations

10b5 + Sec11

10b-5 Statutes of Repose

Jan 7, 2022

Sec11 Statutes of Repose

Aug 7, 2022

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

February 13, 2023

Settlement Fund

$17,500,000

Settlement Status

Disbursed

Settlement Class

All persons or entities that during the period from January 8, 2019, through and including February 28, 2020 (“Settlement Class Period”), you purchased or otherwise acquired common stock of Portola Pharmaceuticals, Inc. (“Portola Inc.” or the “Company”), including pursuant to the Company’s secondary public offering in August 2019.

Claim Administrator

Epiq
Portola Pharmaceuticals, Inc. Securities Litigation c/o Epiq Class Action & Claims Solutions, Inc. P.O. Box 6800 Portland, OR 97228-6800
+1 844-808-4889
[email protected]

Hearing Date

March 2, 2023

Opt-out Deadline

February 9, 2023

Settlement Note

Download here

Proof Of Claim

Download here

Docket History

Dec 15, 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.

Mar 6, 2023

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.

Oct 31, 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.

Oct 31, 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.

Sep 19, 2022

Proposed Settlement

View all Updates

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