Welcome to the Settlement Website for the Granite Securities Litigation (the “Action”)
Class Representative, the Police Retirement System of St. Louis, on behalf of themselves and the Class (defined below), have reached a proposed settlement of the Action that, if approved, will resolve all claims in the Action.
If you are a member of the Settlement Class, your rights will be affected and you may be eligible for a payment from the Settlement. The Settlement Class consists of:
All Persons and entities who purchased or otherwise acquired Granite common stock during the period from February 17, 2017 through October 24, 2019, inclusive, and were damaged thereby.
If you are a member of the Settlement Class, in order to be potentially eligible to receive a payment under the proposed settlement, you had to submit a Claim Form no later than January 24, 2022. The deadline to submit a Claim form has now passed. Payments to Authorized Claimants will be made only if the Court approves the Settlement and the Plan of Allocation, and only after any appeals are resolved, and after the completion of all claims processing. Please be patient, as this process will take some time to complete.