PAYS.US
id: 917
Paysign (PAYS) $3.75M Shareholder Settlement
D. Nevada
Court2:20-cv-00553
Case number03/12/2019
Class period Start03/31/2020
Class period End03/04/2024
Claim deadlinePaysign (PAYS) agreed to settle $3.75M with investors to end claims over setbacks in Paysign’s internal control over financial reporting.
Case Status
Disbursed
Alleged Offence
Misleading Statements,
Financial Misrepresentation,
Failure to Disclose,
Omissions
Suspected Party
Directors,
Management
Security Type
Stocks
Trade Direction
Long
Payout per Share
0.12
Filing date
03/19/2020
Lead Plaintiff Deadline
05/18/2020
Attorneys
Pomerantz LLP
Defendants
Mark Newcomer, Mark Attinger, Daniel Spence
Judge
Hon. Gloria M. Navarro
Administrator
Strategic Claims Services
Settlement agreement date
2023-12-15
Court hearing date
04/17/2024
Exclusion deadline
03/20/2024
Objection deadline
03/20/2024
Hearing deadline
04/17/2024
Trades matching type
FIFO
+$3,750,000
Cash Settlement Amount