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SONG.US
id: 271, Created by Stan Vick Chase, Scout

Akazoo S.A.

Settled
0 joined
100 goal
At 100 participants, legal proceedings can be initiated!
24 January 2019
Class period Start
21 May 2020
Class period End
07 October 2022
Claim deadline
Soe v. Akazoo S.A. and Apostolos N. Zervos. Crowe.
"The Action involves allegations that Settling Defendant violated certain federal securities laws (i.e., Section 10(b) of the Exchange Act, and Rule 10b-5 promulgated thereunder, as well as Section 11 of the Securities Act) for
its auditing work related to Akazoo. The complaint in the Action alleges that once true facts were disclosed, Akazoo’s share price fell. Settling Defendant has denied and continues to deny each, any, and all allegations of
wrongdoing, fault, liability, or damage whatsoever asserted in the Action."
Alleged Offence
Other
Suspected Party
Other
Security Type
Stocks
Trade Direction
Long
Lead plaintiff
Tim Caldwell, Sharon Caldwell, Nikolaos Poulakis, John Pullen, Eva Pareja, Greg Sweet
Attorney
The Rosen Law Firm, P.A.
Court
Eastern District of New York
Judge
Hon. Brian M. Cogan
Administrator
Strategic Claims Services
Court hearing date
28 September 2022
+$1,610,000
Total Settlement Amount
Created by Stan Vick Chase, Scout

Akazoo S.A.

Nuvus Gro Corp. provides monthly and annual fee based music licensing services. It collects usage fees from businesses that use music, including television and radio stations; broadcast and cable n...

    Ticker
    SONG.US
    ISIN
    LU2040453305
    CIK
    1671132
    Sector
    Communication Services
    Industry
    Entertainment
    Country
    USA
    Address
    19 Rue de Bitbourg, Luxembourg, Luxembourg, 1273