The Rosen Law Firm, P.A. Announces Proposed Class Action Settlement on Behalf of Purchasers of Common Stock of The Lovesac Company – LOVE

Core Points - The United States District Court for the District of Connecticut has approved a proposed class action settlement for purchasers of common stock of The Lovesac Company during the period from June 8, 2022, to August 16, 2023 [1][2] - The proposed settlement amount is $615,000 in cash, which aims to resolve all claims in the action [2] Settlement Details - A hearing is scheduled for December 9, 2024, to determine the fairness and adequacy of the proposed settlement, certification of the class action, and approval of the plan of allocation [3] - Members of the settlement class must submit a Claim Form by November 8, 2024, to be eligible for payment from the settlement [5] - Members wishing to exclude themselves from the settlement class must submit a request for exclusion by November 4, 2024 [6] Objections and Inquiries - Any objections to the proposed settlement or related motions must be filed with the court by November 4, 2024 [7] - Inquiries regarding the settlement should be directed to the Claims Administrator or Lead Counsel, not the court or defendants [8]