Washington Mutual Inc (NYSE: WM) Investor Securities Class Action Lawsuit 07/20/2004

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Company Name(s): 
Washington Mutual
Case Name: 
Washington Mutual Shareholder Class Action Lawsuit 07/20/2004
Case Status: 
Lawsuit Filed
Case Status: 
Settlement Approved
Affected Securities
NYSE: WM
Lawsuit Overview
Type of Lawsuit: 
Shareholder Class Action
Date Filed: 
07/20/2004
Class Period Begin: 
04/15/2003
Class Period End: 
06/28/2004
Court of Filing: 
U.S. District Court for the Western District of Washington
Deadline To File for Lead: 
09/20/2004
Date Settled: 
06/05/2012
Settlement Amount: 
$41,500,000
Deadline to Participate in Settlement: 
07/02/2012
Summary: 

July 3, 2013 - The court ordered the authorization of the distribution of the net settlement fund.

June 5, 2012 - The court approved the settlement, entered the orders approving the plan of allocation, the motion for attorneys’ fees and expenses, and dismissed the action with prejudice.

December 2, 2011 - The court preliminarily approved the settlement.

October 5, 2011 - Parties filed a stipulation of settlement.

October 1, 2009 - The court granted in part and denied in part the defendants motion to dismiss, dismissed particular individual defendants.

September 9, 2008 - The U.S. Court of Appeal for the Ninth Circuit ordered the decision of the district court vacated in part and remanded.

June 15, 2006 - A lead plaintiff filed a notice of appeal.

November 17, 2005 - The court granted in part and denied in part the defendants motion to dismiss.

March 1, 2005 - The lead plaintiffs filed an amended consolidated complaint.

November 30, 2004 - The lead plaintiffs and lead counsel were appointed.

November 15, 2004 - All cases were consolidated.

July 21, 2004 - Another investor filed a complaint.

July 20, 2004 - An investor in securities and/or sellers of put options of Washington Mutual Inc (NYSE: WM began trading on OTC sheets as OTC: WAMUQ September 29, 2008 and no longer trading as of March 20, 2012) filed a lawsuit in the U.S. District Court for the Western District of Washington against Washington Mutual Inc over alleged violations of Federal Securities Laws between April 15, 2003 and June 28, 2004.