EADSY.US
id: 249
D. New Jersey
Court2:20-cv-10084
Case number24 Feb 2016
Class period Start30 Jul 2020
Class period End13 Sept 2022
Claim deadlineKornecki v. Airbus SE.
The Complaint asserted that Defendants made material misstatements and omissions regarding, among other things: (i) the sufficiency of Airbus’s policies and protocols to ensure compliance with relevant anti-corruption laws and regulations; (ii) Airbus’s involvement in a bribery and corruption scheme to enhance its commercial aircraft, helicopter, and defense business; (iii) Airbus’s earnings derived in part from alleged unlawful conduct and the sustainability of such earnings; and (iv) whether and to what extent the resolution of government investigations and enforcement actions would foreseeably cost Airbus substantial settlements and legal fees and subject the Company to significant continuing government oversight.
Case Status
Disbursement
Alleged Offence
Other
Suspected Party
Other
Security Type
Stocks
Trade Direction
Long
Plaintiffs
Kornecki, Operating Engineers Construction Industry and Miscellaneous Pension Fund
Attorneys
Robbins Geller Rudman & Dowd LLP
Administrator
Gilardi & Co LLC
Court hearing date
30 September 2022
Trades matching type
FIFO
+$5,000,000
Cash Settlement Amount