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

Active Cases

0

Pending Settlement

1

Closed

0

Total Settlement

$7.9M

TEXTRON INC (TXT) Class Action Lawsuit (August 2019)Pending Settlement

1:19cv7881 • August 22, 2019

Class Period Start

January 31, 2018

Class Period End

March 6, 2019

PSLRA Deadline

October 21, 2019

Case Allegations

10b5

Statutes of Repose

Jan 31, 2021

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

January 20, 2023

Settlement Fund

$7,900,000

Settlement Status

Final Approval

Settlement Class

All persons or entities that purchased Textron Inc. (“Textron”) publicly-traded common stock (trading symbol “TXT”) on the New York Stock Exchange (“NYSE”), on other U.S. exchanges or in a U.S. transaction during the period from January 31, 2018 through December 6, 2018, inclusive.

Claim Administrator

A.B. Data, Ltd.
Textron Securities Litigation c/o A.B. Data, Ltd. P.O. Box 173042 Milwaukee, WI 53217
+1 877-354-3791
[email protected]

Hearing Date

November 18, 2022

Opt-out Deadline

October 28, 2022

Settlement Note

Download here

Proof Of Claim

Download here

Docket History

Nov 21, 2022

Final Approval of Settlement

Sep 22, 2022

Proof of Claim Form

Sep 22, 2022

Aug 23, 2022

Preliminary Approval of Settlement

Jul 7, 2022

Proposed Settlement

Nov 9, 2021

Scheduling Order

Sep 17, 2021

Aug 18, 2020

On Appeal

Jul 20, 2020

Jul 20, 2020

Motion to Dismiss Granted

Mar 6, 2020

Motion to Dismiss

Feb 14, 2020

Second Amended Complaint

Feb 14, 2020

Scheduling Order

Feb 14, 2020

Jan 24, 2020

Motion to Dismiss

Dec 24, 2019

First Amended Complaint

Nov 13, 2019

Appointment of Lead Plaintiff

Aug 22, 2019

First Filed Complaint

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