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

ROCKWELL MEDICAL, INC. (RMTI) Class Action Lawsuit (July 2018)

Closed

1:18cv04253 • July 27, 2018

Class Period Start

November 8, 2017

Class Period End

September 24, 2018

PSLRA Deadline

September 25, 2018

Case Allegations

10b5

Statutes of Repose

Nov 8, 2020

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 7, 2020

Settlement Fund

$3,700,000

Settlement Status

Disbursed

Settlement Class

All persons or entities that purchased or otherwise acquired Rockwell Common Stock or Rockwell Call Options or sold Rockwell Put Options and were damaged thereby during the period between November 8, 2017 and June 26, 2018, inclusive.

Claim Administrator

Strategic Claims Services
Too v. Rockwell Medical, Inc. c/o Strategic Claims Services 600 N. Jackson St., Ste. 205 Media, PA 19063
+1 866-274-4004
[email protected]

Settlement Website

-

Hearing Date

February 26, 2020

Opt-out Deadline

February 5, 2020

Settlement Note

Download here

Proof Of Claim

Download here

Docket History

Jul 8, 2021

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 26, 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.

Sep 12, 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.

Sep 12, 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.

Oct 10, 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.

Sep 4, 2018

Additional Complaint

Another plaintiff has filed a complaint on behalf of investors in ROCKWELL MEDICAL, INC.. The allegations and class definitions are substantively the same.

Jul 27, 2018

First Filed Complaint

A securities fraud class action complaint has been filed on behalf of certain investors in ROCKWELL MEDICAL, INC..

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