1:19cv9767 • October 22, 2019
Class Period Start
December 13, 2017
Class Period End
January 17, 2020
PSLRA Deadline
December 23, 2019
Case Allegations
10b5
Statutes of Repose
Dec 13, 2020
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 3, 2023
Settlement Fund
$5,650,000
Settlement Status
Disbursed
Settlement Class
All persons or entities that purchased or otherwise acquired Pareteum Corporation common stock (ticker symbol “TEUM”) between December 14, 2017 and October 21, 2019, inclusive.
Claim Administrator
Strategic Claims Services
Pareteum Securities Litigation
c/o Strategic Claims Services
P.O. Box 230
600 N. Jackson Street, Suite 205
Media, PA 19063
+1 866-274-4004
[email protected]
Settlement Website
https://pareteumsecuritieslitigation.com/Hearing Date
April 25, 2023
Opt-out Deadline
April 3, 2023
Settlement Note
Download hereProof Of Claim
Download here
Oct 25, 2023
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.
May 3, 2023
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.
Dec 20, 2022
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.
Dec 20, 2022
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.
Dec 16, 2022
Sep 21, 2022
Sep 7, 2022
Jan 21, 2022
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).
Dec 1, 2021
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.
Sep 24, 2021
Aug 11, 2021
The court has denied the defendants' request to dismiss the lawsuit. The case can now move forward to the next stage of litigation.
Oct 7, 2020
Aug 4, 2020
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 3, 2020
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 3, 2020
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 3, 2020
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.
Jul 17, 2020
A new complaint has been filed on behalf of certain investors in Pareteum Corporation . Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.
Jun 23, 2020
Jun 11, 2020
Apr 24, 2020
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.
Apr 24, 2020
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.
Apr 13, 2020
Feb 26, 2020
A new complaint has been filed on behalf of certain investors in Pareteum Corporation . Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.
Feb 24, 2020
A new complaint has been filed on behalf of certain investors in Pareteum Corporation . Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.
Jan 13, 2020
Jan 10, 2020
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.
Jan 7, 2020
Another plaintiff has filed a complaint on behalf of investors in Pareteum Corporation . The allegations and class definitions are substantively the same.
Oct 27, 2019
Another plaintiff has filed a complaint on behalf of investors in Pareteum Corporation . The allegations and class definitions are substantively the same.
Oct 24, 2019
Oct 22, 2019
Another plaintiff has filed a complaint on behalf of investors in Pareteum Corporation . The allegations and class definitions are substantively the same.
Oct 22, 2019
A securities fraud class action complaint has been filed on behalf of certain investors in Pareteum Corporation .
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