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PEGI.US

Pattern Energy Group (PEGI) $100M Shareholder Settlement

D. Delaware
Court
1:20-cv-00275
Case number
04 Nov 2019
Class period Start
25 Feb 2020
Class period End
Pattern Energy Group (PEGI) agreed to settle $100M with investors to end claims around the NASDAQ delisting episode.
Alleged Offence
Misleading Statements
Financial Misrepresentation
Failure to Disclose
Breach of Fiduciary duty
Omissions
Suspected Party
Directors
Management
Security Type
Stocks
Trade Direction
Long
Filing date
29 March 2021
Attorneys
Entwistle & Cappucci LLP (Austin, TX), Farnan LLP (Wilmington, DE), Fields Kupka & Shukurov LLP (New York, NY), Susman Godfrey LLP (Los Angeles, CA)
Judge
Hon. Maryellen Noreika
Settlement agreement date
2023-12-06
Exclusion deadline
31 July 2023
Trades matching type
FIFO
+$100,000,000
Total Settlement Amount
Created by Stan Vick, Scout

Pattern Energy Group Inc.

Pattern Energy Group Inc. operates as an integrated renewable energy company. It operates in two segments, Operating Business and Development Business. The company holds interest in 28 renewable en...

    Ticker
    PEGI.US
    ISIN
    US70338P1003
    CIK
    1561660
    Sector
    Other
    Industry
    Other
    Country
    USA
    Address
    Pier 1, Bay 3 94111,San Francisco,USA