Class Members must complete the Claim Form and provide the Supporting Documentation in the portal by the Claims Bar Deadline of November 18, 2020 to qualify for compensation from the Net Settlement Fund.
Any Class Member who does not submit a Claim Form and required supporting documentation with the Administrator on or before the Claims Bar Deadline, will not be permitted to participate in the Distribution without permission of the Court. The Administrator will not accept or process any Claim Form received after the Claims Bar Deadline unless directed to do so by the Court
This notice is directed to all persons and entities, excluding certain persons associated with the Defendants, who acquired securities of THE STARS GROUP INC. between March 31, 2014 and March 22, 2016 (collectively, the “Class” or “Class Members”).
On March 24, 2016, a proposed class action was commenced against The Stars Group Inc. (“TSGI”) and others in the Superior Court of Québec (“Class Action”). The authorized common issue in the class action is: Did the Defendants make misrepresentations and omissions of material fact in TSGI’s public filings and statements regarding its business practices?
The class action asserted that TSGI made misrepresentations and omissions of material fact in TSGI’s public filings and statements regarding its business practices. The parties have reached the settlement without admission of liability on the part of the Defendants. In fact, the Defendants have denied and continue to deny each and all of the claims and allegations of wrongdoing made by the Plaintiff in the class action.
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