GOCO.US
id: 1017
GoHealth (GOCO) $29.25 Million IPO Settlement
N.D. Illinois
Court1:20-cv-05593
Case number07/14/2020
Class period Start01/10/2021
Class period End06/12/2024
Claim deadlineGoHealth (GOCO) settles $29.25 million with investors to end claims over IPO in 2020.
Case Status
Disbursement
Alleged Offence
Misleading Statements,
Financial Misrepresentation,
Failure to Disclose,
Omissions
Suspected Party
Directors,
Management
Security Type
Stocks
Trade Direction
Long
Payout per Share
0.42
Filing date
09/21/2020
Lead Plaintiff Deadline
11/20/2020
Plaintiffs
Helen Hudson
Attorneys
Hagens Berman Sobol Shapiro LLP (Berkeley, CA), Johnson Fistel, LLP (Marietta, GA), Robbins Geller Rudman & Dowd LLP (Chicago, IL)
Defendants
Clinton P. Jones, Brandon M. Cruz, Travis J. Matthiesen
Judge
Hon. Sharon Johnson Coleman
Administrator
A.B. Data Ltd
Settlement agreement date
2024-02-27
Court hearing date
05/22/2024
Exclusion deadline
05/01/2024
Objection deadline
05/01/2024
Hearing deadline
05/01/2024
Class wide damages
$334,080,000
Trades matching type
FIFO
Disbursement date
01/14/2025
+$29,250,000
Cash Settlement AmountFrequently 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?
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