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

Tesla, Inc. (TSLA) Class Action Lawsuit (August 2018)

Closed

23-16010 • August 10, 2018

Class Period Start

August 7, 2018

Class Period End

August 17, 2018

PSLRA Deadline

October 9, 2018

Case Allegations

10b5

Statutes of Repose

Aug 7, 2021

Country

United States

Court

Federal Court

Docket History

Jul 18, 2023

On Appeal

Nov 25, 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).

Sep 22, 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.

Apr 15, 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.

Nov 22, 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.

Nov 27, 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 6, 2018

Additional Complaint

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

Aug 10, 2018

First Filed Complaint

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

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