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

Securities Class Action

Securities fraud litigation history and active cases

In Litigation

0

Settlement

0

Closed

1

Total Settlement

$7.75M

TELEPHONE & DATA SYSTEMS INC /DE/ (TDS) Class Action Lawsuit (May 2023)

Closed

1:23cv2764 • May 2, 2023

Class Period Start

May 6, 2022

Class Period End

February 1, 2023

PSLRA Deadline

July 5, 2023

Case Allegations

10b5

Statutes of Repose

May 6, 2025

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

August 27, 2025

Settlement Fund

$7,750,000

Settlement Status

Disbursed

Settlement Class

All persons or entities that purchased or otherwise acquired Telephone and Data Systems, Inc. (“TDS”) securities, including common or preferred stock of TDS, between May 6, 2022 and November 3, 2022, inclusive.

Claim Administrator

Strategic Claims Services
P.O. Box 230 600 N. Jackson Street, Suite 205 Media, PA 19063
+1 866-274-4004
[email protected]

Hearing Date

September 3, 2025

Opt-out Deadline

August 13, 2025

Settlement Note

Download here

Proof Of Claim

Download here

Docket History

Jan 7, 2026

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.

Sep 4, 2025

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.

Jul 30, 2025

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.

May 8, 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.

May 8, 2025

Notice of Pendency

View all Updates

TOP