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

GRUPO TELEVISA, S.A.B. (TV) Class Action Lawsuit (March 2018)

Closed

1:18cv1979 • March 5, 2018

Class Period Start

April 11, 2013

Class Period End

February 14, 2018

PSLRA Deadline

May 4, 2018

Case Allegations

10b5

Statutes of Repose

Apr 11, 2016

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 8, 2023

Settlement Fund

$95,000,000

Settlement Status

Disbursed

Settlement Class

All persons or entities that PURCHASED OR OTHERWISE ACQUIRED GRUPO TELEVISA, S.A.B. (“TELEVISA” OR THE “COMPANY”) AMERICAN DEPOSITARY RECEIPTS (“ADRs”) DURING THE PERIOD BETWEEN APRIL 11, 2013 TO NOVEMBER 17, 2017, INCLUSIVE.

Claim Administrator

Kroll Settlement Administration
Grupo Televisa Securities Litigation c/o Kroll Settlement Administration PO Box 225391 New York, NY 10150-5391
+1 833-630-8083
[email protected]

Hearing Date

August 8, 2023

Opt-out Deadline

July 10, 2023

Settlement Note

Download here

Proof Of Claim

Download here

Docket History

Nov 8, 2024

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.

Aug 8, 2023

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.

Apr 20, 2023

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.

Apr 20, 2023

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.

Apr 15, 2023

Proposed Settlement

Feb 28, 2023

Proposed Settlement

Oct 6, 2022

Scheduling Order

Dec 17, 2021

Scheduling Order

Jun 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.

Jun 8, 2020

Class Certification Denied

The court has denied the request to proceed as a class action. This means the case cannot move forward on behalf of the proposed group of investors unless that decision changes or the court later approves a revised request.

Mar 18, 2020

Scheduling Order

Nov 22, 2019

Scheduling Order

Oct 30, 2019

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 13, 2019

Scheduling Order

Apr 23, 2019

Scheduling Order

Apr 5, 2019

Scheduling Order

Mar 25, 2019

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 15, 2018

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.

May 31, 2018

Scheduling Order

May 17, 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.

Mar 5, 2018

First Filed Complaint

A securities fraud class action complaint has been filed on behalf of certain investors in GRUPO TELEVISA, S.A.B..

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