Core Points - The United States District Court for the District of Colorado has approved a proposed class action settlement for purchasers of InnovAge Holding Corp. common stock [1] - The proposed settlement amount is $27 million in cash, which aims to resolve all claims in the action [5] Class Action Details - The class includes individuals or entities that purchased InnovAge common stock between May 11, 2021, and December 22, 2021, or in connection with the company's March 4, 2021 initial public offering [3][4] - A hearing is scheduled for November 26, 2025, to determine the fairness and adequacy of the proposed settlement and to address other related matters [6] Claims Process - Class members must submit a Claim Form by November 5, 2025, to be eligible for a payment from the settlement [8] - Members wishing to exclude themselves from the class must submit a request for exclusion by the same date [9] Objections and Inquiries - Any objections to the proposed settlement or related requests must be filed with the court by November 5, 2025 [10] - Inquiries regarding the notice or eligibility should be directed to the Claims Administrator or Lead Counsel [11]
Cohen Milstein Sellers & Toll PLLC Announces Proposed Class Action Settlement on Behalf of Purchasers of InnovAge Holding Corp. Publicly Traded Common Stock - INNV