OWLT.US
id: 1417
Owlet (OWLT) Investors Settlement
The parties have reached an agreement to settle the case, but the terms are still being finalized.
C.D. California
Court2:21-cv-09016
Case number03/31/2021
Class period Start10/04/2021
Class period EndOwlet has agreed to settlement with $OWLT investors over claims of misrepresenting regulatory compliance and failing to disclose FDA warnings about its flagship Smart Sock device.
Case Status
Tentative Settlement
Alleged Offence
Misleading Statements
Suspected Party
Directors,
Management
Security Type
Stocks
Trade Direction
Long
Filing date
11/17/2021
Plaintiffs
Drew Conant
Attorneys
Pomerantz LLP
Defendants
Kurt Workman; Kate Scolnick; Ken Suslow
Judge
Fernando L. Aenlle-Rocha
Class wide damages
$120,500,000
Trades matching type
FIFO