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MX.US

MagnaChip (MX) $3.1M SEC Fair Fund

Claim deadline for this case already passed by, but we can still try and file for compensation for you
SEC
Court
3-17956
Case number
01 Feb 2012
Class period Start
12 Feb 2015
Class period End
06 Dec 2023
Claim 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.
Alleged Offence
Misleading Statements
Financial Misrepresentation
Failure to Disclose
Omissions
Suspected Party
Directors
Management
Security Type
Stocks
Trade Direction
Long
Filing date
01 May 2017
Defendants
Margaret Hye-Ryoung Sakai
Administrator
Strategic Claims Services
Trades matching type
FIFO
+$3,135,000
Total Settlement Amount
Created by Stan Vick, Scout

MagnaChip Semiconductor

Magnachip Semiconductor Corporation, together with its subsidiaries, designs, manufactures, and supplies analog and mixed-signal semiconductor platform solutions for communications, the Internet of...

    Ticker
    MX.US
    ISIN
    US55933J2033
    CIK
    1325702
    Sector
    Technology
    Industry
    Semiconductors
    Country
    USA
    Address
    15F, 76, Jikji-daero, Cheongju, South Korea, 28851