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VIEW.US
id: 1741
CF Finance Acquisition II now View ($VIEW) $12M Investor Settlement
Late claims are being considered for compensation, subject to approval.
$12,000,000
Cash SettlementDelaware court of Chancery
Court2023-1152-JTL
Case number08/31/2020
Class period Start03/03/2021
Class period End12/17/2024
Claim deadlineCF Finance Acquisition II, which later merged with View Inc ($VIEW) has agreed to a $12 million settlement to resolve claims that shareholders were misled and denied a fully informed opportunity to redeem their shares prior to the business combination.
Case Type
US Securities Class Action
Case Status
Accepting Late Claims
Alleged Offence
Misleading Statements,
Failure to Disclose,
Breach of Fiduciary duty
Suspected Party
Management
Security Type
Stocks
Trade Direction
Long
Payout per Share
0.1
Plaintiffs
Mariano Siseles ; Zalmon Uvaydov
Attorneys
Robbins Geller Rudman & Dowd LLP
Defendants
Howard Lutnick ; Paul Pion ; Robert Hochberg ; Charlotte Blechman ; Alice Chan
Administrator
Gilardi & Co LLC
Court hearing date
12/06/2024
Objection deadline
11/22/2024
Attorney fee
$3,000,000
Trades matching type
FIFO
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