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 announced a $45,000,000 settlement fund for Ryder System (NYSE: R) shareholders. The settlement addresses claims from shareholders who purchased Ryder common stock between July 23, 2015, and February 13, 2020, and were financially harmed. To benefit from the settlement, class members must file a claim by September 11, 2024. Details and claim forms are available on their website. Levi & Korsinsky, although not directly involved in the litigation, has a strong track record in securities litigation, ranking in ISS Securities Class Action Services' Top 50 for seven consecutive years. For assistance, contact Levi & Korsinsky directly.

Positive

• Ryder System settlement fund totals $45,000,000.
• Class members can receive a pro-rata share of the settlement.
• Levi & Korsinsky has secured hundreds of millions for shareholders over 20 years.
• Firm ranks in ISS Securities Class Action Services' Top 50 for seven consecutive years.

Negative

• Ryder System faced a class action lawsuit indicating potential underlying issues.
• Claim deadline is strict; missing it will exclude class members from the settlement benefits.

NEW YORK, NY / ACCESSWIRE / June 11, 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=542&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 value of the Ryder System settlement fund?

The Ryder System settlement fund is valued at $45,000,000.

Who is eligible for the Ryder System settlement?

Anyone who purchased Ryder common stock between July 23, 2015, and February 13, 2020, and was financially harmed is eligible.

When is the deadline to file a claim for the Ryder System settlement?

The deadline to file a claim for the Ryder System settlement is September 11, 2024.

Where can I find the claim form for the Ryder System settlement?

The claim form for the Ryder System settlement is available at the Levi & Korsinsky website.

Did Levi & Korsinsky act as lead counsel in the Ryder System class action?

No, Levi & Korsinsky did not act as lead counsel or participate in the litigation but are providing information as a courtesy.

What is the track record of Levi & Korsinsky in securities litigation?

Levi & Korsinsky has a strong track record, securing hundreds of millions for shareholders and ranking in ISS Securities Class Action Services' Top 50 for seven years.