3d Systems Class Action Suit

29 2013 and oct.

3d systems class action suit. District court for the district of south carolina over alleged violations of federal securities laws by 3d systems corporation in connection with certain allegedly false and misleading statements made between october 29 2013 and october 22 2014. Welcome to the settlement website for the 3d systems securities settlement in the united states district court for the district of south carolina the litigation. Ddd and certain of its officers on behalf of purchasers of 3d system securities between october 29 2013 and october 22 2014 the class period. Four months ago the first 3d printing stock class action suit was brought up against stratasys ltd.

You or someone in your family may have purchased or otherwise acquired shares of 3d systems common stock during the period from october 29 2013 through and including may 5 2015 inclusive and been damaged thereby. I havent heard much since about the lawsuit until this tiny mention on investorplace. Ddd filed a lawsuit in the us. A securities class action lawsuit has been filed in the united states district court for the district of south carolina against 3d systems corporation 3dor company nyse.

The court directed that the notice be sent to class members because they had a right to know about a proposed settlement of a class action lawsuit and about all of their options before the court decided whether to approve the settlement. Some lost very significant amounts of money. The complaint alleges that the company misled investors by making materially false and misleading statements a breach of the securities exchange act of 1934. 29 2013 and may 5 2015 and suffered losses allegedly related to fraud.

District court for the district of south carolina rock hill division on behalf of investors who bought shares in the company during the class period between oct. By robbins geller rudman dowd llp in the us district court for the district of minnesota. The court appointed lead plaintiff kbc asset management nv on behalf of itself and the other members of the class defined below has reached a settlement of the litigation for 50000000 in cash that settles all claims of the class. As a result of these losses some of the 3d systems stockholders launched a class action suit in 2015 against the company claiming they were misled as to the stocks potential.

According to the class action suit these allegedly false and misleading announcements about the 3d systems prospects led its shares to be traded at artificially inflated prices. Motley rice reaches 50 million settlement with 3d systems on behalf of shareholders motley rice as co lead counsel has reached a 50 million settlement with 3d system corp.