Sign In
HYRE.US
id: 1162

HyreCar (HYRE) $1.9 Million Shareholder Settlement

C.D. California
Court
2:21-cv-06918
Case number
13 May 2021
Class period Start
10 Aug 2021
Class period End
HyreCar (HYRE) settles $1.9 million with investors to end litigation over hiding failure to pay valid insurance claims.
Case Status
Stipulative Settlement
Alleged Offence
Misleading Statements
Financial Misrepresentation
Suspected Party
Directors
Management
Security Type
Stocks
Trade Direction
Long
Payout per Share
0.2
Filing date
27 August 2021
Plaintiffs
Turton Inc., Ivan Barov
Attorneys
Glancy Prongay & Murray LLP (Los Angeles, CA)
Defendants
Robert Scott Brogi, Joseph Furnari,
Judge
Hon. Percy Anderson
Administrator
Strategic Claims Services
Settlement agreement date
2024-03-20
Trades matching type
FIFO
+$1,900,000
Cash Settlement Amount

Frequently Asked Questions

HyreCar Inc

HyreCar Inc. operates a car-sharing marketplace in the United States. Its marketplace allows car owners to rent their idle cars to ride-sharing service drivers. The company sourcing vehicles from i...

    Ticker
    HYRE.US
    ISIN
    US44916T1079
    CIK
    1713832
    Sector
    Industrials
    Industry
    Passenger Transportation Services
    Country
    USA
    Address
    915 Wilshire Boulevard, Los Angeles, CA, United States, 90017