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EADSY.US
id: 249
It is still possible to file a late claim. The court will decide whether to accept late claims or not.
D. New Jersey
Court
24 Feb 2016
Class period Start
30 Jul 2020
Class period End
13 Sept 2022
Claim deadline
Kornecki v. Airbus SE.
The Complaint asserted that Defendants made material misstatements and omissions regarding, among other things: (i) the sufficiency of Airbus’s policies and protocols to ensure compliance with relevant anti-corruption laws and regulations; (ii) Airbus’s involvement in a bribery and corruption scheme to enhance its commercial aircraft, helicopter, and defense business; (iii) Airbus’s earnings derived in part from alleged unlawful conduct and the sustainability of such earnings; and (iv) whether and to what extent the resolution of government investigations and enforcement actions would foreseeably cost Airbus substantial settlements and legal fees and subject the Company to significant continuing government oversight.
Alleged Offence
Other
Suspected Party
Other
Security Type
Stocks
Trade Direction
Long
Plaintiffs
Kornecki, Operating Engineers Construction Industry and Miscellaneous Pension Fund
Attorneys
Robbins Geller Rudman & Dowd LLP
Administrator
Gilardi & Co LLC
Court hearing date
30 September 2022
+$5,000,000
Total Settlement Amount

Airbus Group NV

Airbus SE, together with its subsidiaries, engages in the design, manufacture, and delivery of aerospace products, services, and solutions worldwide. It operates through three segments: Airbus, Air...

    Ticker
    EADSY.US
    ISIN
    US0092791005
    Sector
    Industrials
    Industry
    Aerospace & Defense
    Country
    USA
    Address
    Mendelweg 30, Leiden, Netherlands, 2333 CS