What is a class period?

Video Description

In a securities class action lawsuit, the class period is a specific period of time during which a company is alleged to have violated the U.S. securities laws. A class period is usually inclusive of all days, meaning that it includes the first day and every day in between, including the last day of the period. An investor who purchased securities on any day during the class period may be a class member depending on the totality of their purchases and sales and the reaction of the stock when the truth was revealed. And they may pursue claims for any damages they suffered as a result of investing in the company. If you would like more information about the class period for a case, please contact us.