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Xebec Adsorption Inc designs, engineers, and manufactures products that are used for purification, separation, dehydration, and filtration equipment for gases and compressed air. The company operates in three reportable segments: Systems, Corporate and other, and Support. Its product lines are natural gas dryers for natural gas refueling stations, compressed gas filtration, biogas purification,... see more

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FormerXBC Inc > IMPORTANT REMINDER: ShareholderClass Action Settlement

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Post by KNDlaw on Mar 04, 2024 11:21am

IMPORTANT REMINDER: ShareholderClass Action Settlement

The deadline to submit a claim for eligible shareholders is April 30, 2024

Please visit this website for more information and to submit a claim:

https://xebecsecuritiessettlement.com/

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Comment by XBC333 on Mar 26, 2024 11:58pm

Hi everyone,I hope you're doing well. I wanted to check if anyone in our group has submitted a claim for the Xebec Securities settlement. The deadline is April 30, 2024. Do you think it’s worth pursuing, or is it a lost cause? Also, does anyone know if there’s a cost involved in submitting the claim?

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Comment by dalesio_98 on Mar 27, 2024 12:42am

A $5 million settlement was approved, I believe 30% legal fees. Shareholders receive award based on equity holdings pro-rata. Of course they must meet class member criteria. File a claim at the law firm website prior to the April 30, 2024 deadline. Filing a claim costs you zero. https://xebecsecuritiessettlement.com/

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