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GOCO.US
id: 1017

GoHealth (GOCO) $29.25 Million IPO Settlement

The settlement funds have been distributed to claimants.
$29,250,000
Cash Settlement
N.D. Illinois
Court
1:20-cv-05593
Case number
07/14/2020
Class period Start
01/10/2021
Class period End
06/12/2024
Claim deadline
GoHealth (GOCO) settles $29.25 million with investors to end claims over IPO in 2020.
Case Status
Disbursed
Alleged Offence
Misleading Statements
Financial Misrepresentation
Failure to Disclose
Omissions
Suspected Party
Directors
Management
Security Type
Stocks
Trade Direction
Long
Payout per Share
0.42
Filing date
09/21/2020
Lead Plaintiff Deadline
11/20/2020
Plaintiffs
Helen Hudson
Attorneys
Hagens Berman Sobol Shapiro LLP (Berkeley, CA), Johnson Fistel, LLP (Marietta, GA), Robbins Geller Rudman & Dowd LLP (Chicago, IL)
Defendants
Clinton P. Jones, Brandon M. Cruz, Travis J. Matthiesen
Judge
Hon. Sharon Johnson Coleman
Administrator
A.B. Data Ltd
Settlement agreement date
2024-02-27
Court hearing date
05/22/2024
Exclusion deadline
05/01/2024
Objection deadline
05/01/2024
Hearing deadline
05/01/2024
Class wide damages
$334,080,000
Trades matching type
FIFO
Disbursement date
01/14/2025

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