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COTY.US
id: 650

Coty Inc (COTY) $35M Tender Offer Shareholder Settlement

Delaware court of Chancery
Court
2019-0336-LWW
Case number
02/11/2019
Class period Start
04/30/2019
Class period End
05/29/2023
Claim deadline
Coty 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:
  1. are currently a record or beneficial owner of share(s) of Coty Inc. (“Coty” or the “Company”) common stock (NYSE: “COTY”), or
  2. 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.
Case Status
Disbursed
Alleged Offence
Other
Suspected Party
Other
Security Type
Stocks
Trade Direction
Long
Plaintiffs
Massachusetts Laborers’ Pension Fund, Charles Waddell, John Bicanich
Attorneys
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
06/13/2023
Objection deadline
05/29/2023
Hearing deadline
05/29/2023
Trades matching type
FIFO
+$35,000,000
Cash Settlement Amount