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ALF.US
id: 795

Alfi (ALF) $1.7M Shareholder Settlement

S.D. Florida
Court
1:21-cv-24232
Case number
04 May 2021
Class period Start
11 Mar 2022
Class period End
29 Mar 2024
Claim deadline
Alfi (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.


Case Status
Accepting Late Claims
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
Cash Settlement Amount

Alfi Inc

Alfi, Inc. provides Software as a Service (SaaS) solution for the digital out of home (DOOH) smart advertising segment in the United States. It offers Alfi, an artificial intelligence (AI) SaaS pla...

    Ticker
    ALF.US
    ISIN
    US00161P1093
    CIK
    3153
    Sector
    Technology
    Industry
    Software & IT Services
    Country
    USA
    Address
    429 Lenox Avenue, Miami Beach, FL, United States, 33139