Avantage Link Inc. (Formerly Jitec Inc.) Class Action
Resolved Class Action
Kugler Wechsler Obtains a Settlement Regarding the Class Action in Connection with Alleged Manipulation of Trading Volume and Share Price of Jitec Inc. Stock on the Montreal Stock Exchange.
Last Update
Updated on :
Kugler Wechsler settled these securities class actions on behalf of class members and the Superior Court of Québec approved the settlement.
Class members consisted of persons who sustained losses on shares of Jitec Inc. that they owned between July 26, 2000 and November 9, 2000, due to the alleged actions of the defendants regarding the trading volume and the price of Jitec Inc. stock on the Montreal Stock Exchange.
The amount of the settlement was $9.85 million.