In Re Aqua Metals, Inc. Securities Litigation

Good Law
United States District Court, Northern District of CaliforniaMarch 2, 20224:17-cv-07142California6,342 words

Opinion

Trial Court Opinion

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA 6 IN RE AQUA METALS, INC. Case No. 17-cv-07142-HSG

SECURITIES LITIGATION

ORDER GRANTING MOTION FOR

FINAL APPROVAL AND MOTION

FOR ATTORNEYS’ FEES AND COSTS Re: Dkt. Nos. 174, 175

12 Pending before the Court are Plaintiffs’ motions for final approval of class action settlement and for attorneys’ fees, costs, and incentive award. Dkt. Nos. 174, 175. The Court held a final fairness hearing on February 24, 2022. For the reasons detailed below, the Court GRANTS both motions. I. BACKGROUND A. Factual Allegations and Procedural Background Plaintiffs brought this securities class action lawsuit against Defendants Aqua Metals, Inc. (“Aqua Metals”) and some of its officers and directors in December 2017. See Dkt. No. 1. Plaintiffs allege that Defendants artificially inflated Aqua Metals’s stock price by misleading investors about the viability and profitability of its…

Sign in to read the full opinion

Create a free account to read the complete opinion text, citation history, and good-law status for this case.