Securities fraud litigation history and active cases
In Litigation
0
Settlement
0
Closed
1
Total Settlement
$15.5M
1:15cv24 • March 27, 2015
Class Period Start
December 24, 2012
Class Period End
December 22, 2014
PSLRA Deadline
May 26, 2015
Case Allegations
10b5
Statutes of Repose
Dec 24, 2015
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
February 22, 2020
Settlement Fund
$15,500,000
Settlement Status
Disbursed
Settlement Class
All persons or entities that u purchased shares of common stock of Altisource Residential Corporation (“RESI”) on the public market between December 24, 2012, and December 22, 2014, inclusive.
Claim Administrator
A.B. Data, Ltd.
Altisource Residential Corporation Securities Litigation Claims Administrator A.B. Data, Ltd.
P.O. Box 173012 Milwaukee, WI 53217
+1 866-797-0862
[email protected]
Settlement Website
http://www.altisourceresidentialsettlement.com/Hearing Date
January 30, 2020
Opt-out Deadline
January 9, 2020
Settlement Note
Download hereProof Of Claim
Download here
Dec 11, 2020
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.
Feb 13, 2020
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 21, 2019
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.
Oct 21, 2019
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.
Jul 19, 2019
Motion for Class Certification
The plaintiffs have asked the court to approve the lawsuit to proceed as a class action on behalf of a group of investors. The judge will decide whether the case meets the requirements for class certification and which investors and claims may be included.
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