Faruqi & Faruqi, LLP Proudly Announces Final Approval Of $5 Million Settlement In Ideanomics Class Action

Faruqi & Faruqi, LLP is pleased to announce that the Court granted final approval of the settlement in Rudani v. Ideanomics, Inc., et al., No. 1:19-cv-06741-GBD (S.D.N.Y.), a securities class action, on January 25, 2022.   Faruqi & Faruqi, LLP serves as Lead Class Counsel in the action.  The settlement provides for a cash payment of $5 million for the benefit of Class Members in exchange for, inter alia, the release of all claims alleged in the action.   A copy of the Court’s Judgment Granting Final Approval of Settlement can be found below.