What is the lead plaintiff deadline?
What is the lead plaintiff deadline?
See informative video here: https://faruqilaw.com/uploads/blog/1575588554-what-is-the-lead-plaintiff-deadline.mp4
The lead plaintiff deadline is the last day that an investor may file a motion with the court requesting to be appointed as the lead plaintiff for that action. When a securities class action is initiated, the person who files the first action is required to publish notice announcing the filing. Anyone who wishes to lead the litigation on behalf of the class must thereafter file a motion to be appointed as lead plaintiff no later than 60 days after the notice was published.
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Faruqi & Faruqi, LLP focuses on complex civil litigation, including securities, antitrust, wage and hour and consumer class actions as well as shareholder derivative and merger and transactional litigation. The firm is headquartered in New York, and maintains offices in Atlanta, Los Angeles and Philadelphia.
Since its founding in 1995, Faruqi & Faruqi, LLP has served as lead or co-lead counsel in numerous high-profile cases which ultimately provided significant recoveries to investors, direct purchasers, consumers and employees.
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Katherine M. Lenahan is a Partner in the New York office of Faruqi & Faruqi, LLP and focuses her practice on securities litigation.
