1:20cv3349 • April 29, 2020
Class Period Start
April 13, 2020
Class Period End
April 21, 2020
PSLRA Deadline
June 29, 2020
Case Allegations
10b5
Statutes of Repose
Apr 13, 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
August 9, 2022
Settlement Fund
$3,300,000
Settlement Status
Disbursed
Settlement Class
All persons or entities that purchased or otherwise acquired during the Class Period April 13, 2020 through April 17, 2020, inclusive.
Claim Administrator
A.B. Data, Ltd.
SCWorx Securities Litigation
c/o A.B. Data, Ltd.
P.O. Box 173034
Milwaukee, WI 53217
+1 877-266-4060
[email protected]
Settlement Website
http://www.scworxsecuritieslitigation.com/Hearing Date
June 29, 2022
Opt-out Deadline
June 8, 2022
Settlement Note
Download hereProof Of Claim
Download here
May 5, 2023
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.
Jun 29, 2022
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.
Apr 11, 2022
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.
Mar 22, 2022
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.
Feb 11, 2022
Jul 12, 2021
Jun 21, 2021
The court has denied the defendants' request to dismiss the lawsuit. The case can now move forward to the next stage of litigation.
Nov 18, 2020
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 19, 2020
A new complaint has been filed on behalf of certain investors in SCWorx Corp.. Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.
Sep 22, 2020
Sep 17, 2020
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 22, 2020
Another plaintiff has filed a complaint on behalf of investors in SCWorx Corp.. The allegations and class definitions are substantively the same.
May 27, 2020
Another plaintiff has filed a complaint on behalf of investors in SCWorx Corp.. The allegations and class definitions are substantively the same.
Apr 29, 2020
A securities fraud class action complaint has been filed on behalf of certain investors in SCWorx Corp..
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