Playstudios Securities Litigation Settlement
This settlement is closed to new claims. You can still see what it was about and follow the case in court below. Looking for money you can still claim? Browse open settlements →
What happened
Defendants allegedly violated federal securities laws by making misrepresentations or omissions about a SPAC merger and a game being developed by Playstudios. Plaintiffs claim known problems with the game existed at the merger but were not disclosed, and that misstatements artificially inflated the share price. Defendants deny all allegations of wrongdoing.
Do you qualify?
Anyone who purchased or acquired Playstudios shares pursuant to the Proxy/Registration Statement filed in February-May 2021, exchanged publicly-listed Acies shares for Playstudios shares in the merger, or purchased Playstudios common stock between August 11, 2021 and May 5, 2022, and were damaged thereby.
How to file
Submit a timely and valid Proof of Claim and Release Form to the Claims Administrator. The deadline to file a claim has now passed. Settlement class members who submit valid forms will receive a distribution from the Net Settlement Fund according to the Plan of Allocation.
New to class actions?
This summary was generated from public settlement documents and may contain errors. Confirm eligibility, deadlines, and payment terms on the official settlement website before filing. ClaimWatch is not a law firm and this is not legal advice. Filing a claim is free.
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