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Matrixx Initiatives Inc (NASDAQ: MTXX) Investor Securities Class Action Lawsuit 04/27/2006

  • If you purchased shares of Matrixx Initiatives Inc (NASDAQ: MTXX), you might have certain options and should contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this case, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Lawsuit Overview

Company
Matrixx Initiatives, Inc.
Security
NASDAQ: MTXX

Case Name
Matrixx Initiatives Shareholder Class Action Lawsuit 04/27/2006
Type of Lawsuit
Shareholder Class Action
Court of Filing
U.S. District Court for the District of Arizona

Class Period Begin
Class Period End
Deadline To File for Lead
Settlement Notice
matrixx_initiatives_inc_settlement_notice_7_2012.pdf
Settlement Proof
matrixx_initiatives_inc_settlement_proof_7_2012.pdf
Filed Complaint
matrixx_initiatives_inc_original_filing_edited_4_2004.pdf
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Settlement Overview

Date Settled
Date Settled
Settlement Amount
$4,500,000.00
Deadline to Participate in Settlement

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Summary

November 13, 2012 - The court approved the settlement, entered the orders approving the plan of allocation, the motion for attorneys’ fees and expenses, and dismissed the action with prejudice.
July 30, 2012 - The court preliminarily approved the settlement.

July 27, 2012 - Parties filed a stipulation of settlement.

April 26, 2011 - The U.S. Court of Appeals for the Ninth Circuit issued a mandate regarding the October 28, 2009 order on appeal.

October 28, 2009 - The U.S. Court of Appeals for the Ninth Circuit reversed the district court's decision and remanded the case for further proceedings.

April 3, 2006 - The lead plaintiff filed a notice of appeal.

March 8, 2006 - The court granted the defendants' motion to dismiss without prejudice.

April 4, 2005 - The defendants filed a motion to dismiss.

March 4, 2005 - The lead plaintiff filed an amended consolidated complaint.

January 18, 2005 - The lead plaintiff and lead counsel were appointed.

July 12, 2004 - Lead plaintiff motions were filed.

April 27, 2004 - An investor in shares of Matrixx Initiatives Inc (NASDAQ: MTXX) filed a lawsuit in the U.S. District Court for the District of Arizona against Matrixx Initiatives Inc over alleged violations of Federal Securities Laws.

The complaint alleges that, between October 22, 2003 and February 6, 2004, Matrixx Initiatives Inc and certain of its officers and directors issued materially false and misleading statements by failing to disclose that Matrixx Initiatives Inc was subject to lawsuits. Matrixx Initiatives Inc, in its SEC filings, had warned investors that the potential for such
lawsuits presented a material risk to Matrixx Initiatives Inc, but failed to disclose that such lawsuits had already been filed.

matrixx_initiatives_inc_original_filing_edited_4_2004.pdf
Date Settled