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
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
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
Apr 21, 2025
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 18, 2025
Motion for Preliminary Approval of Settlement
The parties have asked the court to give preliminary approval to a proposed settlement. The judge will review the request and decide whether the settlement can move forward to the next stage. If approved, potential class members will generally receive information about the settlement and their rights, including any deadlines for taking action.
Jun 7, 2024
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.
Apr 5, 2024
A new complaint has been filed on behalf of certain investors in Vertex Energy Inc.. Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.
Feb 1, 2024
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.
Jun 12, 2023
Another plaintiff has filed a complaint on behalf of investors in Vertex Energy Inc.. The allegations and class definitions are substantively the same.
May 26, 2023
Another plaintiff has filed a complaint on behalf of investors in Vertex Energy Inc.. The allegations and class definitions are substantively the same.
Apr 13, 2023
Another plaintiff has filed a complaint on behalf of investors in Vertex Energy Inc.. The allegations and class definitions are substantively the same.
Mar 6, 2023
The plaintiff in this action has chosen not to proceed with the case. Once a case is voluntary dismissed, the courts will usually close the case and no further action will be taken.
Mar 3, 2023
A securities fraud class action complaint has been filed on behalf of certain investors in Vertex Energy Inc..
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