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MMAT.US

Meta Materials (MMAT) $3M Shareholder Settlement

E.D. New York
Court
1:21-cv-07203
Case number
21 Sept 2020
Class period Start
04 Jun 2022
Class period End
05 Jun 2024
Claim deadline
Meta Materials (MMAT) agreed to settle $3 million with investors in cases in NY and Nevada over Torchlight Energy Resources' deal.
Alleged Offence
Misleading Statements
Failure to Disclose
Omissions
Suspected Party
Directors
Management
Security Type
Stocks
Trade Direction
Long
Payout per Share
0.015
Filing date
03 January 2022
Lead Plaintiff Deadline
04 March 2022
Plaintiffs
John B. Maltagliati, Todd Targgart, Michael Schultheis
Attorneys
Levi & Korsinsky, LLP (New York, NY), The Rosen Law Firm, P.A. (New York, NY)
Defendants
George Palikaras, Kenneth Rice, Greg McCabe, John Brda
Judge
Hon. Carol Bagley Amon
Administrator
Strategic Claims Services
Court hearing date
21 May 2024
Exclusion deadline
23 April 2024
Objection deadline
23 April 2024
Trades matching type
FIFO
+$3,000,000
Total Settlement Amount
Created by Stan Vick, Scout

Meta Materials Inc

Meta Materials Inc., a smart materials and photonics company, develops, manufactures, and sells various functional materials and nanocomposites. The company products include metaAIR, a laser glare ...

    Ticker
    MMAT.US
    ISIN
    US59134N1046
    CIK
    1431959
    Sector
    Technology
    Industry
    Electronic Components
    Country
    USA
    Address
    60 Highfield Park Drive, Dartmouth, NS, Canada, B3A 4R9