APPH.US

id: 1111

AppHarvest (APPH) $4.85 Million Investor Settlement

Late claims are being considered for compensation, subject to approval.

S.D. New York

Court

1:21-cv-07985

Case number

02/01/2021

Class period Start

11/08/2021

Class period End

05/22/2024

Claim deadline

AppHarvest (APPH) agreed to settle $4.85 million with investors to end claims over hiding lacked sufficient training for its labor force.

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

0.14

Filing date

09/24/2021

Plaintiffs

Alan Narzissenfeld

Attorneys

Levi & Korsinsky, LLP

Defendants

Jonathan Webb, Loren Eggleton, David Lee

Judge

Hon. Lewis J. Liman

Administrator

Strategic Claims Services

Settlement agreement date

2024-02-20

Court hearing date

06/12/2024

Exclusion deadline

05/22/2024

Objection deadline

05/22/2024

Trades matching type

FIFO

+$4,850,000

Cash Settlement Amount

Frequently Asked Questions

Who is eligible for this settlement?

Do I have to sell securities to be eligible?

How much will my payment be?

How long does the payout process take?

What is 11thestate?

Appharvest Inc

AppHarvest, Inc., an applied agricultural technology company, develops and operates indoor farms with robotics and artificial intelligence to build climate-resilient food system. Its products inclu...

Ticker

APPH.US

ISIN

US03783T1034

CIK

0001807707

Sector

Consumer Defensive

Industry

Farm Products

Country

USA