$47M Novavax Class Action Settlement

$47M Novavax Class Action Settlement

Open Class Action Settlement

Photo Credit: Towfiqu Barbhuiya - Unsplash | Published: April 3, 2024

Claim Form Deadline: May 18, 2024

Payout: Varies

Proof required: Yes

What is the Novavax Class Action Lawsuit About?

Novavax has reached a $47 million class action settlement regarding accusations of making false statements and omissions. These alleged actions supposedly led to artificially inflated stock prices, causing financial harm and monetary losses for those who purchased the stocks.

Novavax is a biotechnology company based in Gaithersburg, Maryland specializing in the development of vaccines to combat serious infectious diseases globally.

How Do I Qualify For A Payout?

You are eligible to receive a payment if you bought or acquired Novavax's publicly traded common stock between May 11, 2021, and October 19, 2021, and suffered financial losses as a result.

What Can I Get?

The defendants have agreed to pay $47,000,000 to settle the claims against them. This money, along with any interest earned on it, will be divided among the members of the settlement class after certain deductions are made. The remaining amount will be distributed to those who submit valid claims and are eligible to receive a share of the settlement money.

Your claim will be calculated based on a plan that aims to fairly distribute the money from the settlement among people who suffered financial losses due to alleged wrongdoing. The plan considers factors like when you bought and sold Novavax stock and how much you lost. The goal is to divide the settlement money fairly among all eligible claimants.

How Do I Find Class Action Settlements?

Find all the latest Class Action Settlements you can qualify for by getting notified of new lawsuits as soon as they are open to claims:

How Do I File a Claim?

To be eligible to receive a payment form the settlement fund you must submit a timely and valid claim form. You can either submit a claim form online or request form to be mailed to you by calling Class Action Claim Administrator at (866) 274-4004 and send it postmarked by May 18, 2024.

Claim Form Website: StrategicClaims.net/novavax

Submit Claim Online

Filing Class Action Settlement Claims

Please note that your claim form will be rejected if you submit a settlement claim for payout with any fraudulent information. By providing this information and your sworn statement of its veracity, you agree to do so under the penalty of perjury. You would also be harming others that actually qualify for the class action settlement. If you are not sure whether or not you qualify for this class action settlement, visit the class action administrator's website below. OpenClassActions.com is only providing information and is not a class action administrator or a law firm. OpenClassActions is a participant in the Amazon affiliate advertising program and this post may contain affiliate links, which means we may earn a commission or fees if you make a purchase via those links.
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