Securities fraud litigation history and active cases
In Litigation
0
Settlement
0
Closed
1
Total Settlement
$27.5M
3:21cv1486 • March 2, 2021
Class Period Start
July 1, 2020
Class Period End
June 14, 2021
PSLRA Deadline
May 3, 2021
Case Allegations
10b5
Statutes of Repose
Jul 1, 2023
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
September 11, 2024
Settlement Fund
$27,500,000
Settlement Status
Disbursed
Settlement Class
All persons or entities that purchased Velodyne Lidar, Inc. publicly traded securities between July 2, 2020 and March 17, 2021, inclusive.
Claim Administrator
Epiq
P.O. Box 2666
Portland, OR 97208-2666
+1 877-393-0073
[email protected]
Settlement Website
https://www.velodynesecuritieslitigation.com/Hearing Date
August 16, 2024
Opt-out Deadline
July 26, 2024
Settlement Note
Download hereProof Of Claim
Download here
Nov 26, 2025
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 19, 2024
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.
Jul 12, 2024
Motion for Final Approval of Settlement
The parties have asked the court to grant final approval of the proposed settlement. The judge will consider whether the settlement should be approved after reviewing the settlement terms and any objections. If approved, eligible investors who submit valid claims may receive a payment after the claims review and distribution process is completed.
May 27, 2024
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.
May 27, 2024
Proposed Settlement
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