Securities fraud litigation history and active cases
In Litigation
0
Settlement
0
Closed
1
Total Settlement
$6.3M
4:23cv2145 • April 13, 2023
Class Period Start
May 10, 2022
Class Period End
November 4, 2022
PSLRA Deadline
June 12, 2023
Case Allegations
10b5
Statutes of Repose
May 10, 2025
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
June 20, 2025
Settlement Fund
$6,300,000
Settlement Status
Disbursed
Settlement Class
All persons or entities that purchased or otherwise acquired common stock of Vertex Energy Inc. during the period from May 10, 2022, through August 8, 2022, both dates inclusive.
Claim Administrator
Strategic Claims Services
600 North Jackson Street – Suite 205
Media, PA 19063
+1 866-274-4004
[email protected]
Settlement Website
https://www.strategicclaims.net/vertex/Hearing Date
July 30, 2025
Opt-out Deadline
July 11, 2025
Settlement Note
Download hereProof Of Claim
Download here
Oct 28, 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.
Jul 21, 2025
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.
Jun 25, 2025
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.
Apr 22, 2025
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 21, 2025
Notice of Pendency
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