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HYRE.US
id: 1162
HyreCar (HYRE) $1.9 Million Shareholder Settlement
The settlement funds have been distributed to claimants.
$1,900,000
Cash SettlementC.D. California
Court2:21-cv-06918
Case number05/13/2021
Class period Start08/10/2021
Class period End12/14/2024
Claim deadlineHyreCar (HYRE) settles $1.9 million with investors to end litigation over hiding failure to pay valid insurance claims.
Case Type
US Securities Class Action
Case Status
Disbursed
Alleged Offence
Misleading Statements,
Financial Misrepresentation
Suspected Party
Directors,
Management
Security Type
Stocks
Trade Direction
Long
Payout per Share
0.2
Filing date
08/27/2021
Plaintiffs
Turton Inc., Ivan Barov
Attorneys
Glancy Prongay & Murray LLP (Los Angeles, CA)
Defendants
Robert Scott Brogi, Joseph Furnari,
Judge
Hon. Percy Anderson
Administrator
Strategic Claims Services
Settlement agreement date
2024-03-20
Court hearing date
11/14/2024
Exclusion deadline
10/24/2024
Objection deadline
10/24/2024
Hearing deadline
10/24/2024
Attorney fee
$806,833
Class wide damages
-$1
Trades matching type
FIFO
Disbursement date
04/30/2025
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