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RMO.US
id: 978

Romeo Power (RMO) $14.9M Shareholder Settlement

S.D. New York
Court
1:21-cv-03362
Case number
10/05/2020
Class period Start
08/16/2021
Class period End
05/29/2024
Claim deadline
Romeo Power (RMO) agreed to settle $14.9M with shareholders and $RMO warrant holders to end claims over hiding cell battery supply sufficiency.
Case Status
Disbursement
Alleged Offence
Misleading Statements
Financial Misrepresentation
Failure to Disclose
Omissions
Suspected Party
Directors
Management
Security Type
Stocks
Trade Direction
Long
Payout per Share
0.17
Filing date
04/16/2021
Lead Plaintiff Deadline
06/15/2021
Plaintiffs
Mike Castleberg, Joshua Cante, Nathaniel Tapia, Artur Chimchirian, Van Nguyen
Attorneys
Glancy Prongay & Murray LLP
Defendants
s Lionel E. Selwood, Jr., Lauren Webb
Judge
Hon. Phillips
Administrator
EPIQ
Settlement agreement date
2023-12-08
Trades matching type
FIFO
+$14,900,000
Cash Settlement Amount

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