Securities fraud litigation history and active cases
In Litigation
0
Settlement
0
Closed
1
Total Settlement
$1.25M
2:17cv1106 • February 17, 2017
Class Period Start
August 14, 2016
Class Period End
January 2, 2017
PSLRA Deadline
April 18, 2017
Case Allegations
10b5
Statutes of Repose
Aug 14, 2019
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 16, 2020
Settlement Fund
$1,250,000
Settlement Status
Disbursed
Settlement Class
All persons or entities that PURCHASED OR OTHERWISE ACQUIRED SITO MOBILE, LTD. COMMON STOCK BETWEEN AUGUST 15, 2016 AND JANUARY 2, 2017, INCLUSIVE.
Claim Administrator
Analytics Consulting, LLC
SITO Mobile Securities Litigation
Claims Administrator, Analytics Consulting LLC
P.O. Box 2002
Chanhassen, MN 55317-2002
+1 855-953-2395
[email protected]
Settlement Website
https://sitomobilesecuritiessettlement.com/Hearing Date
April 21, 2020
Opt-out Deadline
March 17, 2020
Settlement Note
Download hereProof Of Claim
Download here
Oct 5, 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.
Apr 21, 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.
Jan 3, 2020
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.
Nov 7, 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.
Jan 30, 2019
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.
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