ALF.US
id: 795, Created by Stan Vick, Scout
Alfi (ALF) $1.7M Shareholder Settlement
How it works?
- Company agreed to settle with investors to avoid further litigation
- We prepare documents and claim payout for you
S.D. Florida
Court1:21-cv-24232
Case number04 May 2021
Class period Start11 Mar 2022
Class period End29 Mar 2024
Claim deadlineAlfi (ALF) agreed to settle $1.725 million with investors on allegations over false and misleading Registration Statements for the IPO about Alfi’s financial results, and internal controls.
Alleged Offence
Misleading Statements,
Failure to Disclose,
Omissions
Suspected Party
Directors,
Management
Security Type
Stocks
Trade Direction
Long
Payout per Share
0.19
Filing date
02 December 2021
Plaintiffs
Candido Rodriguez, John K. Allen on behalf of the Joseph M. Driscoll Trust
Attorneys
Glancy Prongay & Murray LLP
Defendants
Paul Antonio Pereira, Dennis McIntosh, John M. Cook, II, Peter Bordes, Jim Lee, Justin Elkouri, Allison Ficken, Frank Smith
Judge
Hon. Kathleen M. Williams
Administrator
Strategic Claims Services
Settlement agreement date
2023-07-20
Court hearing date
05 March 2024
Exclusion deadline
13 February 2024
Objection deadline
13 February 2024
Hearing deadline
13 February 2024
Trades matching type
FIFO
+$1,725,000
Total Settlement Amount