Better Therapeutics ($BTTX) $1.05 M Investor Settlement

$1,050,000

Cash Settlement

Delaware court of Chancery

Court

2023-0469

Case number

09/07/2021

Class period Start

10/28/2021

Class period End

Better Therapeutics ($BTTX) has agreed to a $1.05M settlement to resolve claims that investors were misled in connection with its merger with Mountain Crest Acquisition Corp. II.

Case Type

US Securities Class Action

Case Status

Distribution Preparation

Alleged Offence

Misleading Statements,

Failure to Disclose,

Breach of Fiduciary duty

Suspected Party

Directors,

Management

Security Type

Stocks

Trade Direction

Long

Filing date

04/28/2023

Plaintiffs

John Solak

Attorneys

Newman Ferrara LLP

Defendants

Suying Liu; Dong Liu; Nelson Haight; Todd Milbourn

Administrator

EPIQ

Trades matching type

FIFO

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