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APPH.US
id: 1111

AppHarvest (APPH) $4.85 Million Investor Settlement

The settlement funds have been distributed to claimants.
$4,850,000
Cash Settlement
S.D. New York
Court
1:21-cv-07985
Case number
02/01/2021
Class period Start
11/08/2021
Class period End
05/22/2024
Claim deadline
AppHarvest (APPH) agreed to settle $4.85 million with investors to end claims over hiding lacked sufficient training for its labor force.
Case Type
US Securities Class Action
Case Status
Disbursed
Alleged Offence
Misleading Statements
Failure to Disclose
Omissions
Suspected Party
Directors
Management
Security Type
Stocks
Trade Direction
Long
Payout per Share
0.14
Filing date
09/24/2021
Plaintiffs
Alan Narzissenfeld
Attorneys
Levi & Korsinsky, LLP
Defendants
Jonathan Webb, Loren Eggleton, David Lee
Judge
Hon. Lewis J. Liman
Administrator
Strategic Claims Services
Settlement agreement date
2024-02-20
Court hearing date
06/12/2024
Exclusion deadline
05/22/2024
Objection deadline
05/22/2024
Trades matching type
FIFO
Disbursement date
06/12/2025

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