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

Stamps.com Inc. (STMP) Class Action Lawsuit (February 2019)

Closed

2:19cv1828 • February 28, 2019

Class Period Start

May 2, 2017

Class Period End

August 6, 2019

PSLRA Deadline

April 29, 2019

Case Allegations

10b5

Statutes of Repose

May 2, 2020

Country

United States

Court

Federal Court

Docket History

Mar 18, 2022

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.

Mar 17, 2022

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.

Oct 14, 2021

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 14, 2021

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.

Aug 16, 2021

Proposed Settlement

Mar 11, 2021

Scheduling Order

Nov 9, 2020

Class Certification Granted

The court has determined that a class action is the appropriate method to bring the claims by class members. Usually, when a class is certified, the judge will also affirm an individual or entity to represent the class and finalize a class definition (i.e.: who is represented in the lawsuit).

Jul 27, 2020

Scheduling Order

Jul 14, 2020

Scheduling Order

Jul 2, 2020

Scheduling Order

Jun 29, 2020

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.

Jun 23, 2020

Scheduling Order

Apr 29, 2020

Scheduling Order

Feb 5, 2020

Scheduling Order

Feb 5, 2020

Scheduling Order

Jan 17, 2020

Motion to Dismiss Denied

The court has denied the defendants' request to dismiss the lawsuit. The case can now move forward to the next stage of litigation.

Oct 4, 2019

Motion to Dismiss

After reviewing the complaint(s) filed by plaintiffs, defendants have filed a motion requesting that the court dismiss some or all of the plaintiffs' claims. In a motion to dismiss, defendants might challenge the validity of plaintiffs' claims or adequacy of plaintiffs' pleadings. Once a motion to dismiss is filed, the judge will make a decision on whether part or all of the case should be dismissed or the case can proceed as alleged.

Aug 5, 2019

First Amended Complaint

A new complaint has been filed on behalf of certain investors in Stamps.com Inc. . Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.

Jun 24, 2019

Scheduling Order

Jun 24, 2019

Scheduling Order

Jun 5, 2019

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.

Apr 22, 2019

Voluntary Dismissal

The plaintiff in this action has chosen not to proceed with the case. Once a case is voluntary dismissed, the courts will usually close the case and no further action will be taken.

Apr 12, 2019

Voluntary Dismissal

The plaintiff in this action has chosen not to proceed with the case. Once a case is voluntary dismissed, the courts will usually close the case and no further action will be taken.

Feb 28, 2019

First Filed Complaint

A securities fraud class action complaint has been filed on behalf of certain investors in Stamps.com Inc. .

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