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SNDL.US

id: 234

Sundial Growers $7 Million IPO Settlement

The settlement funds have been distributed to claimants.

$7,000,000

Cash Settlement

S.D. New York

Court

1:19-cv-08913

Case number

08/01/2019

Class period Start

10/31/2019

Class period End

10/05/2022

Claim deadline

Sundial Growers settled $7 million with investors to end claims over IPO.

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

0.64

Plaintiffs

0998735 BC LTD, David Draiman, Yimin Huang

Attorneys

The Rosen Law Firm, Levi & Korsinsky

Judge

Hon. Andrew L. Carter, Jr.

Administrator

Strategic Claims Services

Court hearing date

10/12/2022

Settlement conditions

IPO and with connection IPO Docs

Trades matching type

FIFO

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