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EOSE.US
id: 1704

Eos Energy Enterprises ($EOSE) $8.5M Investor Settlement

$8,500,000
Cash Settlement
Delaware court of Chancery
Court
2023-0293-LWW
Case number
11/10/2020
Class period Start
11/16/2020
Class period End

Eos Energy Enterprises ($EOSE), has agreed to settle $8.5 M with investors to resolve claims that incomplete disclosures surrounding its 2020 merger with Eos misled stockholders about their redemption rights.

Case Type
US Securities Class Action
Case Status
Distribution Started
Alleged Offence
Mismanagement, 
Financial Misrepresentation, 
Breach of Fiduciary duty
Suspected Party
Directors, 
Management
Security Type
Stocks
Trade Direction
Long
Filing date
03/08/2023
Plaintiffs
Richard Delman
Attorneys
Grant & Eisenhofer P.A.
Defendants
Bryant R. Riley ; Daniel Shribman ; Kenneth Young ; Patrick J. Bartels, Jr. ; James L. Kempner ; Timothy M. Presutti ; Robert Suss
Trades matching type
FIFO