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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
Court
2:21-cv-09016
Case number
03/31/2021
Class period Start
10/04/2021
Class period End
Owlet 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

Owlet Inc

Owlet, Inc. provides digital parenting solutions in the United States and internationally. The company's platform focuses on giving real-time data and insights to parents. It offers Dream Sock, a w...

    Ticker
    OWLT.US
    ISIN
    US69120X1072
    CIK
    1816708
    Sector
    Healthcare
    Industry
    Health Information Services
    Country
    USA
    Address
    3300 North Ashton Boulevard, Lehi, UT, United States, 84043