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CVET.US
id: 321
E.D. New York
Court
08 Feb 2019
Class period Start
12 Aug 2019
Class period End
03 Dec 2022
Claim 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.

Case Status
Accepting Late Claims
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
+$35,000,000
Cash Settlement Amount

Covetrus Inc

Covetrus, Inc., together with its subsidiaries, operates as an animal-health technology and services company. It engages in the sale of animal-health consumable products, including proprietary and ...

    Ticker
    CVET.US
    ISIN
    US22304C1009
    CIK
    1752836
    Sector
    Healthcare
    Industry
    Health Care Providers & Services
    Country
    USA
    Address
    7 Custom House Street, Portland, ME, United States, 04101