Hanmi Financial Corporation (HAFC) Shareholders - L&K, LLP Encourages you to File a Claim Against the Settlement Fund Before Deadline

Rhea-AI Summary

Levi & Korsinsky announces a $3,000,000 settlement in the class action lawsuit against Hanmi Financial (NASDAQ: HAFC). The class includes those who bought Hanmi's publicly-traded common stock from August 9, 2018, to April 30, 2020. Eligible shareholders must file a claim by August 7, 2024, to receive a share of the settlement. Levi & Korsinsky, a top securities litigation firm, has secured significant amounts for aggrieved shareholders over the past 20 years. More details and claim forms are available on their website.

Positive

• Settlement fund of $3,000,000 established to benefit shareholders.
• Eligible shareholders can receive a pro-rata share of the settlement.
• Levi & Korsinsky has a proven track record, securing hundreds of millions for shareholders.
• The firm is recognized as a top securities litigation firm in the U.S.

Negative

• The lawsuit highlights potential issues with Hanmi Financial 's past performance or disclosures.
• The settlement amount, while significant, may be seen as a liability for Hanmi Financial
• Filing a claim involves time and effort from eligible shareholders.

NEW YORK, NY / ACCESSWIRE / June 11, 2024 / Levi & Korsinsky informs shareholders that a settlement has been reached in the pending class action lawsuit against Hanmi Financial Corporation (NASDAQ: HAFC). The settlement provides for a fund of $3,000,000 to benefit class members. For the purposes of the settlement, the class is defined as: persons and entities that purchased publicly-traded Hanmi common stock between August 9, 2018 and April 30, 2020, both dates inclusive.

If you are a class member as defined above, you may be entitled to a pro-rata share of the settlement fund. In order to receive a share of the settlement, you must file a claim form by August 7, 2024.

For more details on the settlement, including a copy of the claim form, please visit: https://zlk.com/settlement-form/?redirect=aHR0cHM6Ly96bGsuY29tL3NldHRsZW1lbnQvaGFubWktZmluYW5jaWFsLWNvcnBvcmF0aW9uLXNldHRsZW1lbnQ=&spr=550&wire=1&ticker=HAFC

Levi & Korsinsky did not act as lead counsel or otherwise participate in litigating the above class action. We are providing this information as a courtesy to remind class members of the claims deadline so they can file their forms in a timely fashion.

Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
https://zlk.com/

SOURCE: Levi & Korsinsky, LLP

View the original press release on accesswire.com

FAQ

What is the Hanmi Financial settlement amount?

The settlement amount is $3,000,000.

Who is eligible for the Hanmi Financial settlement?

Individuals and entities that purchased Hanmi's publicly-traded common stock between August 9, 2018, and April 30, 2020.

What is the deadline to file a claim for the Hanmi Financial settlement?

The deadline to file a claim is August 7, 2024.

How can shareholders file a claim for the Hanmi Financial settlement?

Shareholders can file a claim by visiting the provided link on Levi & Korsinsky's website.

What role did Levi & Korsinsky play in the Hanmi Financial lawsuit?

Levi & Korsinsky did not act as lead counsel but is informing shareholders about the settlement.