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HYW.US
id: 928
Hywin ($HYW, now $STEC) $1M settlement
Late claims are being considered for compensation, subject to approval.
$1,000,000
Cash SettlementSupreme
Court152554/2024
Case number03/25/2021
Class period Start03/19/2024
Class period End08/31/2025
Claim deadlineHywin Holdings ($HYW, now $STEC) has agreed to a $1M settlement to resolve claims arising from its March 2021 IPO.
Case Type
US Securities Class Action
Case Status
Accepting Late Claims
Alleged Offence
Misleading Statements,
Financial Misrepresentation,
Failure to Disclose,
Omissions
Suspected Party
Directors,
Management
Security Type
Depository Securities (ADS, ADR, GDR)
Trade Direction
Long
Payout per Share
0.33
Plaintiffs
Daniel Perrier
Attorneys
The Rosen Law Firm, P.A.
Defendants
Han Hongwei, Wang Dian, Zhu Shuming, Joel A. Gallo, Chen Jie
Judge
Andrew Borrok
Administrator
Strategic Claims Services
Court hearing date
08/07/2025
Exclusion deadline
07/17/2025
Objection deadline
07/17/2025
Attorney fee
$408,000
Trades matching type
FIFO
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