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Waitr Holdings Inc. (NASDAQ:WTRH) today announced that on August 10, 2022, the shareholder class action lawsuit against the Company and certain of its former officers and directors, filed in the United States District Court for the Western District of Louisiana (Case No. 19-cv-01260-TAD-KK) in September 2019, was dismissed. The Court ruled in favor of the Company and its former officers and directors on all claims and dismissed the case with prejudice. The deadline for appeal has passed with no action from plaintiffs.
"After nearly three years, we are pleased that this judgment closes the door on the baseless attacks against the Company and its former leadership," said Carl Grimstad, Chief Executive Officer of the Company and its wholly-owned subsidiary, ASAP Inc. "We remain focused on utilizing our original delivery ethos to execute our new brand identity and implement our ‘anything, anywhere ASAP' vision across a wider range of products and services."
Posted In: WTRH
