Summary:
The parties have entered into a settlement agreement. The court-appointed settlement administrator has set up a website that can be found at this link: AirBoss Settlement Site.
Class Members
The class consist of all persons and entities, wherever they may reside or be domiciled, who acquired Airboss shares on the secondary market between November 10, 2021 and September 6, 2022 and held some of those shares on September 6, 2022. Certain individuals and entities are excluded based on their relationship with the defendants.
Key Documents and Developments
- December 16, 2022: Plaintiff has filed a statement of claim against defendants alleging violations of securities laws involving misrepresentations to investors.
- February 9, 2023: Plaintiff has filed an amended statement of claim against defendants alleging violations of securities laws involving misrepresentations to investors.
- March 29, 2023: The parties have agreed to a timetable with the hearing of the motion for leave and certification scheduled for the week of April 1, 2024.
- April 15, 2024: Plaintiff has filed a fresh as amended statement of claim against defendants alleging violations of securities laws involving misrepresentation to investors.
- August 21, 2024: The parties have have agreed to a settlement agreement which has now been approved by the court. Further information can be found at this link: AirBoss Settlement Link.
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