This United States Securities and Exchange Commission (the “Commission”) Fair Fund is on behalf of investors who purchased or otherwise acquired Cool Holdings Inc. (“Cool Holdings”) common stock between September 16, 2018 and October 26, 2018, inclusive (the “Relevant Period”).
On July 22, 2024, the Court entered an order establishing a Fair Fund, including post-judgment interest and any future funds collected from the Defendants in the Fair Fund. As of January 28, 2025, the Fair Fund balance is $2,400,755.96.
What’s the status of the Settlement?
On May 2, 2025, the Court approved the Final Distribution Plan. This action has concluded.
Who can file a claim?
The Fair Fund class includes all persons or entities who:
- Purchased or otherwise acquired Cool Holdings common stock between September 16, 2018 and October 26, 2018, inclusive.
How much is the Settlement Payment?
Pro rata payment: The total Fair Fund is $2,400,755.96. The amount each class member receives will depend on several factors, including:
- The number of valid claims submitted
- The number of shares purchased and sold
- The dates of purchase and sale
- The price paid for the shares and the price received upon sale
How do I file a claim?
The deadline to file a claim was October 29, 2025. To submit a claim and/or to find additional information regarding the terms of the Fair Fund and claim filing process, go to www.secvandrewdefrancesco.com, or contact the claims administrator, Epiq Class Action & Claims Solutions, Inc., at 1-888-788-6473.
If you wish to discuss this action or have any questions, please contact Kessler Topaz Meltzer & Check, LLP: Jon Naji, Esq. (484) 270-1453; toll-free at (844) 887-9500; or via e-mail at info@ktmc.com.