AVX.US
id: 465, Created by Stan Vick, Scout
AVX Corporation
How it works?
- 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
Claim payout
Delaware court of Chancery
Court30 Mar 2020
Class period Start30 Mar 2020
Class period End22 Dec 2022
Claim deadlineIN RE AVX CORPORATION STOCKHOLDERS' LITIGATION
AVX CORPORATION (AVX) and other Defendants agreed to pay $49.9 million to settle a class action lawsuit to avoid further litigation.
Those who received $21.75 per share in cash in exchange for your shares of AVX Corporation common stock in connection with the March 30, 2020 acquisition by Kyocera Corporation of the outstanding shares of AVX stock not already owned by Kyocera Corporation, can be entitled to a payout.
Alleged Offence
Other
Suspected Party
Other
Security Type
Stocks
Trade Direction
Long
Lead plaintiff
Amy Stone Lamborn, Robert Reese, Harriet Herman, Albert Herman
Attorney
Bernstein Litowitz Berger & Grossmann LLP, Friedlander & Gorris, P.A.
Judge
Vice Chancellor Sam Glasscock III
Administrator
JND Legal Administration
Court hearing date
22 December 2022
+$49,900,000
Total Settlement Amount