COTY.US
id: 650, Created by Stan Vick, Scout
Coty Inc (COTY) $35M Tender Offer Shareholder Settlement
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
Court 2019-0336-LWW
Case number30 Apr 2019
Class period End29 May 2023
Claim deadlineCoty Inc (COTY) settles $35 million with its shareholders.
Delaware court approved the settlement that brought an end to a class & derivative action over CotyInc's $1.75 billion tender offer in 2019.
You may be entitled to a payout, if:
- are currently a record or beneficial owner of share(s) of Coty Inc. (“Coty” or the “Company”) common stock (NYSE: “COTY”), or
- were a record holder or beneficial owner of share(s) of Coty common stock issued and outstanding as of February 11, 2019, whose share(s) were accepted for purchase on April 30, 2019, in connection with a Tender Offer or remained outstanding after April 30, 2019.
Alleged Offence
Other
Suspected Party
Other
Security Type
Stocks
Trade Direction
Long
Lead plaintiff
Massachusetts Laborers’ Pension Fund, Charles Waddell, John Bicanich
Attorney
Labaton Sucharow LLP, Friedlander & Gorris, P.A., Friedman Oster & Tejtel PLLC, Levi & Korsinsky LLP
Defendants
Erhard Schoewel, Robert Singer, Sabine Chalmers, Pierre Laubies, Joachim Faber, Olivier Goudet, Peter Harf, Anna-Lena Kamenetzky
Administrator
A.B. Data Ltd
Court hearing date
13 June 2023
Objection deadline
29 May 2023
Hearing deadline
29 May 2023
+$35,000,000
Total Settlement Amount