CVET.US
id: 321
E.D. New York
Court08 Feb 2019
Class period Start12 Aug 2019
Class period End03 Dec 2022
Claim deadlineCovetrus 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.
Case Status
Disbursed
Alleged Offence
Other
Suspected Party
Other
Security Type
Stocks
Trade Direction
Long
Plaintiffs
City of Hollywood Police Officers’ Retirement System, Pembroke Pines Pension Fund for Firefighters and Police Officers
Attorneys
Saxena White P.A.
Judge
Hon. Gary R. Brown
Administrator
A.B. Data Ltd
Court hearing date
25 October 2022
Trades matching type
FIFO
+$35,000,000
Cash Settlement Amount