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JASO.US
id: 557, Created by Stan Vick Chase, Scout
JA Solar Holdings Co (JASO) Securities Litigation $21M Settlement
Pending 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
- No credit-card required
20 November 2017
Class period Start16 July 2018
Class period End08 July 2023
Claim deadlineHow it works?
- Company agreed to pay compensation to its investors, to avoid further litigation
- We help you to prepare documents and file for compensation
- No credit-card required
JA Solar Holdings Co (JASO) agreed to pay $21 million to settle a securities class action lawsuit to avoid further litigation.
The Complaint alleged that JA Solar shareholders were misled into accepting consideration from the Merger that was well below fair value for their JA Solar shares.
Alleged Offence
Other
Suspected Party
Other
Security Type
Depository Securities (ADS, ADR, GDR)
Trade Direction
Long
Case number
18-CV-12083
Filing date
20 December 2018
Lead plaintiff
Altimeo Asset Management, ODS Capital LLC
Attorney
Labaton Sucharow LLP (New York, NY), Pomerantz LLP (New York, NY)
Defendants
Baofang Jin, Shaohua Jia
Court
Southern District of New York
Judge
Hon. Andrew L. Carter, Jr.
Administrator
KCC
Court hearing date
13 July 2023
Exclusion deadline
22 June 2023
Objection deadline
22 June 2023
Hearing deadline
22 June 2023
+$21,000,000
Total Settlement Amount