What is a class period?
What is a class period?
See informative video here: https://faruqilaw.com/uploads/blog/1575413416-what-is-a-class-period.mp4
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.
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.
To schedule a free consultation with our attorneys and to learn more about your legal rights, call our offices today at (877) 247-4292 or (212) 983-9330.
