Core Viewpoint - The United States District Court for the Southern District of California has approved a proposed class action settlement for purchasers of Flux Power Holdings, Inc. common stock, with a settlement amount of $1,750,000 [1]. Group 1: Settlement Details - The settlement is intended for all individuals who purchased Flux Power common stock from November 15, 2021, through February 14, 2025 [2]. - A hearing is scheduled for April 2, 2026, to determine the fairness and adequacy of the proposed settlement, distribution plan, and attorney fees [1]. Group 2: Claim Process - Affected individuals must submit a Proof of Claim by March 3, 2026, to be eligible for the distribution of the settlement fund [3]. - Those wishing to exclude themselves from the settlement class must submit a request by March 12, 2026 [4]. Group 3: Objection Process - Any objections to the settlement or related requests must be submitted by March 12, 2026, to the court and lead counsel [5].
The Rosen Law Firm, P.A. Announces Proposed Class Action Settlement on Behalf of Purchasers of the publicly traded common stock of Flux Power Holdings, Inc. – FLUX