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

Walmart Inc. (WMT) Class Action Lawsuit (January 2021)

Closed

24-1818 • January 20, 2021

Class Period Start

March 31, 2017

Class Period End

December 22, 2020

PSLRA Deadline

March 22, 2021

Case Allegations

10b5

Statutes of Repose

Mar 31, 2020

Country

United States

Court

Federal Court

Docket History

May 3, 2024

On Appeal

Apr 8, 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.

May 2, 2023

Second Amended Complaint

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

Nov 16, 2022

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.

Oct 14, 2022

Second Amended Complaint

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

Oct 8, 2021

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.

Sep 24, 2021

Scheduling Order

Jul 12, 2021

First Amended Complaint

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

May 26, 2021

Scheduling Order

May 11, 2021

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.

Mar 5, 2021

Additional Complaint

Another plaintiff has filed a complaint on behalf of investors in Walmart Inc.. The allegations and class definitions are substantively the same.

Jan 20, 2021

First Filed Complaint

A securities fraud class action complaint has been filed on behalf of certain investors in Walmart Inc..

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