Securities fraud litigation history and active cases
In Litigation
0
Settlement
1
Closed
0
Total Settlement
$7.25M
5:23cv3518 • July 14, 2023
Class Period Start
April 23, 2021
Class Period End
May 19, 2023
PSLRA Deadline
September 12, 2023
Case Allegations
10b5
Statutes of Repose
Apr 23, 2024
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
April 20, 2026
Settlement Fund
$7,250,000
Settlement Status
Final Approval
Settlement Class
All persons or entities that purchased Rain common stock between April 23, 2021 and May 19, 2023, inclusive.
Claim Administrator
Strategic Claims Services
600 N. Jackson Street, Suite 205
P.O. Box 230
Media, PA 19063
+1 866-274-4004
[email protected]
Settlement Website
https://rainoncologysettlement.com/Hearing Date
April 2, 2026
Opt-out Deadline
March 5, 2026
Settlement Note
Download hereProof Of Claim
Download here
Apr 24, 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.
Jan 29, 2026
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.
Dec 15, 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.
Dec 15, 2025
Notice of Pendency
Dec 15, 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.
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