Ryder System, Inc. (R) Shareholders - L&K, LLP Encourages you to File a Claim Against the Settlement Fund Before Deadline

Rhea-AI Summary

Levi & Korsinsky announces a $45 million settlement in the class action lawsuit against Ryder System (NYSE: R). This settlement benefits shareholders who acquired Ryder common stock between July 23, 2015, and February 13, 2020, and were damaged. Eligible class members must file a claim form by September 11, 2024, to receive their share of the settlement fund. Levi & Korsinsky has a history of recovering substantial sums for shareholders and is not involved as lead counsel in this case but provides this information to ensure timely claims filing.

Positive

• Settlement fund of $45 million established for eligible shareholders.
• Class action covers purchases or acquisitions between July 23, 2015, and February 13, 2020.

Negative

• Class members must file a claim to receive settlement funds, requiring action and potential delays.

NEW YORK, NY / ACCESSWIRE / June 18, 2024 / Levi & Korsinsky informs shareholders that a settlement has been reached in the pending class action lawsuit against Ryder System, Inc. (NYSE: R). The settlement provides for a fund of $45,000,000 to benefit class members. For the purposes of the settlement, the class is defined as: all persons or entities who purchased or otherwise acquired publicly traded Ryder common stock during the period from July 23, 2015 through February 13, 2020, inclusive, and were damaged thereby.

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 September 11, 2024.

For more details on the settlement, including a copy of the claim form, please visit: https://zlk.com/settlement-form/?redirect=aHR0cHM6Ly96bGsuY29tL3NldHRsZW1lbnQvcnlkZXItc3lzdGVtLWluYy1zZXR0bGVtZW50&spr=556&wire=1&ticker=R

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 deadline to file a claim for the Ryder System (R) settlement?

The deadline to file a claim is September 11, 2024.

Who is eligible for the Ryder System (R) settlement?

Shareholders who acquired Ryder common stock between July 23, 2015, and February 13, 2020, and were damaged are eligible.

How much is the settlement fund for Ryder System (R) shareholders?

The settlement fund is $45 million.

Where can I file a claim for the Ryder System (R) settlement?

Claims can be filed on the Levi & Korsinsky website at https://zlk.com/settlement-form.