id: 1059, Created by Stan Vick, Scout
MagnaChip (MX) $3.1M SEC Fair Fund
How it works?
- Company agreed to settle with investors to avoid further litigation
- We prepare documents and claim payout for you
Claim deadline for this case already passed by, but we can still try and file for compensation for you
01 Feb 2012Class period Start
12 Feb 2015Class period End
06 Dec 2023Claim deadline
MagnaChip (MX) pays $3.135 million to investors through the SEC Fair Fund to end claims over improper and fraudulent accounting practices intended to artificially inflate revenue and meet gross margin targets MagnaChip had previously announced to the public.
Failure to Disclose,
01 May 2017
Margaret Hye-Ryoung Sakai
Strategic Claims Services
Trades matching type
+$3,135,000Total Settlement Amount