id: 321, Created by Stan Vick, Scout
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- Company agreed to pay compensation to its investors, to avoid further litigation
- We help you to prepare documents and file for compensation
Claim deadline for this case already passed by, but we can still try and file for compensation for you
E.D. New YorkCourt
08 Feb 2019Class period Start
12 Aug 2019Class period End
03 Dec 2022Claim deadline
Covetrus agreed to pay $35 million to settle a securities class action lawsuit accusing the Company of deceiving investors about spin-off and merger with VFC.
The complaint alleged, among other things, that the Company and its Leaders made false and misleading statements on various occasions:
- related to the spinoff of HSAH from Henry Schein;
- its merger with VFC to form Covetrus, and the subsequent integration of these two businesses.
As a result, Covetrus’ common stock price was artificially inflated.
Covetrus agreed to settle with investors to avoid further litigation.
City of Hollywood Police Officers’ Retirement System, Pembroke Pines Pension Fund for Firefighters and Police Officers
Saxena White P.A.
Hon. Gary R. Brown
A.B. Data Ltd
Court hearing date
25 October 2022
+$35,000,000Total Settlement Amount