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OTGLY.US
id: 556
CD Projekt S.A. (OTGLY) Securities $1.85M Settlement
The settlement funds have been distributed to claimants.
$1,850,000
Cash SettlementC.D. California
Court20-CV-11627
Case number01/16/2020
Class period Start12/17/2020
Class period End05/02/2023
Claim deadlineCD Projekt S.A. (OTGLY) agreed to pay $1.85 million to settle a securities class action lawsuit to avoid further litigation.
The Complaint alleged the Company and its Leaders made false and/or misleading statements and/or failed to disclose that Cyberpunk 2077 was virtually unplayable on the current-generation Xbox or Playstation systems due to an enormous number of bugs.
Case Status
Disbursed
Alleged Offence
Other
Suspected Party
Other
Security Type
Depository Securities (ADS, ADR, GDR)
Trade Direction
Long
Filing date
12/24/2020
Plaintiffs
James W. Gordley
Attorneys
The Rosen Law Firm, P.A. (Los Angeles, CA)
Defendants
Adam Michal Kiciński, Marcin Iwiński, Piotr Marcin Nielubowicz, Michał Nowakowski
Judge
Hon. Fernando M. Olguin
Administrator
Strategic Claims Services
Court hearing date
06/01/2023
Exclusion deadline
04/07/2023
Objection deadline
04/07/2023
Hearing deadline
04/28/2023
Trades matching type
FIFO
Disbursement date
10/10/2024
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