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

US BANCORP \DE\ (USB) Class Action Lawsuit (October 2022)

Closed

1:22cv9174 • October 26, 2022

Class Period Start

August 1, 2019

Class Period End

July 28, 2022

PSLRA Deadline

December 27, 2022

Case Allegations

10b5

Statutes of Repose

Aug 1, 2022

Country

United States

Court

Federal Court

Docket History

Apr 29, 2024

No Appeal- Closed

Mar 28, 2024

Motion to Dismiss Granted

The court has granted the defendants' request to dismiss the lawsuit. Depending on the court's decision, the plaintiffs may be allowed to file an updated complaint or pursue an appeal.

Jul 11, 2023

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 5, 2023

First Amended Complaint

A new complaint has been filed on behalf of certain investors in US BANCORP \DE\. Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.

Feb 27, 2023

Scheduling Order

Feb 10, 2023

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.

Oct 26, 2022

First Filed Complaint

A securities fraud class action complaint has been filed on behalf of certain investors in US BANCORP \DE\.

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