HYRE.US
id: 1162
HyreCar (HYRE) $1.9 Million Shareholder Settlement
Eligible claimants can submit their claims for compensation.
C.D. California
Court2:21-cv-06918
Case number05/13/2021
Class period Start08/10/2021
Class period End12/14/2024
Claim deadlineHyreCar (HYRE) settles $1.9 million with investors to end litigation over hiding failure to pay valid insurance claims.
Case Status
Accepting Claims
Alleged Offence
Misleading Statements,
Financial Misrepresentation
Suspected Party
Directors,
Management
Security Type
Stocks
Trade Direction
Long
Payout per Share
-0.92
Filing date
08/27/2021
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
Court hearing date
11/14/2024
Exclusion deadline
10/24/2024
Objection deadline
10/24/2024
Hearing deadline
10/24/2024
Attorney fee
$806,833
Class wide damages
-$1
Trades matching type
FIFO
+$1,900,000
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?
What is 11thestate?