Class Actions from Mode

dMY II $14.8M Securities Class Action Settlement

If you held dMY Technology Group Inc. II Class A common stock between March 12, 2021, and April 20, 2021, you may be eligible to claim a cash payment from a $14.8 million securities class action settlement. Acting now ensures you don’t miss your chance. The deadline is April 24, 2026.

Why This Lawsuit Exists?

The lawsuit alleged that dMY II’s directors and officers provided misleading information during the April 2021 merger with Genius Sports Ltd., which impaired stockholders’ ability to make informed decisions about redeeming shares.

  • Plaintiffs claimed this harmed investors financially.

  • Defendants denied wrongdoing, but both sides agreed to settle to avoid costs, risks, and delays of litigation.

Who Qualifies?

You can file a claim if you are:

  • A record or beneficial holder of dMY II Class A common stock between March 12, 2021, and April 20, 2021

  • A successor in interest, such as via inheritance or trust

  • A representative, like an executor, administrator, guardian, conservator, or trustee acting on behalf of a class member

 

Both individuals and entities can be class members, and holders through a broker or nominee are eligible.

How Much Can You Get?

Your payout depends on:

  • Number of valid claims

  • Number of eligible shares held

  • Whether and when shares were sold

  • Recognized losses per share based on sale price or holding status

 

Recognized Loss Highlights:

  • Shares sold before Sept. 12, 2023, under $10.01: $10.01 minus sale price + $0.10/share

  • Shares sold at $10.01 or above: $0.10/share

  • Shares held as of Sept. 12, 2023: $3.92/share + $0.10/share

  • Shares redeemed in the merger: $0

  • Payments under $10: no payout

Your Options

OptionWhat It MeansDeadline
Submit a ClaimClaim your cash payment from the $14.8M fundApril 24, 2026
ObjectWrite to the Court if you disagree with the settlement or fee requestJan. 30, 2026
Attend Fairness HearingSpeak in Court about your objectionFeb. 23, 2026

How to File a Claim?

  1. Online or Mail: Submit at www.dmyiistockholdersettlement.com or mail to:
    dMY II Stockholder Litigation
    c/o A.B. Data Ltd.
    P.O. Box 173124
    Milwaukee, WI 53217

  2. Provide Proof: Include the last 4 digits of your SSN or full TIN, transaction dates, share numbers, and purchase/sale prices.

  3. Documentation: Attach broker confirmation slips, statements, or authorized documents showing your holdings and transactions.

  4. FIFO Matching: Multiple purchases and sales are matched chronologically, first-in, first-out.

 

Payout Options: Physical check distributed after the court grants final approval and resolves any appeals.

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Filing Settlement Claims

Important: If you do not qualify for this settlement, do not submit a claim.
Submitting false or misleading information will result in your claim being rejected and may carry legal consequences for perjury. Dishonest claims also take away from Class Members who are rightfully entitled to settlement benefits.
If you’re unsure about your eligibility, visit the official Settlement Administrator’s website and review their FAQ. (Note: modeclassactionsdaily.com is an informational resource only and is not affiliated with any class action administrator.)Don’t qualify for this one? Browse our database of other open settlements you may be eligible to join.