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PEGI.US
id: 963

Pattern Energy Group (PEGI) $100M Shareholder Settlement

It is still possible to file a late claim. The court will decide whether to accept late claims or not.
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.
Case Status
Accepting Late Claims
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
Cash Settlement Amount