In re HD Supply Holdings, Inc. Securities Litigation

UPDATE: On March 17, 2022, awards were sent to eligible claimants in the initial distribution. The second distribution took place on July 20, 2023. The awards for the third distribution were sent on May 24, 2024.

Welcome to the website for HD Supply Securities Litigation, pending in the United States District Court for the Northern District of Georgia (the “Action”).

The purpose of this website is to inform you of a class action lawsuit now pending in the United States District Court for the Northern District of Georgia (the “Court”) under the above caption (the “Action”) against HD Supply Holdings, Inc. (“HD Supply” or the “Company”) and Individual Defendants Joseph J. DeAngelo and Evan J. Levitt (collectively, “Defendants”). The Notice is intended only to advise you that the Action has been certified by the Court to proceed as a class action on behalf of certain purchasers of HD Supply common stock and your rights with respect to the Action.

The Court has not decided whether Defendants did anything wrong, and the Notice is not an admission by Defendants or an expression of any opinion of the Court concerning the merits of the Action.

The Settlement Class, certified by the Court, consists of:

All persons and entities who purchased HD Supply common stock between November 9, 2016, and June 5, 2017, inclusive, and were damaged thereby.

The Frequently Asked Questions page of this website has more information on your rights as a Settlement Class Member in this Action.

Your Legal Rights and Options in This Action
SUBMIT A CLAIM FORM BY JULY 18, 2020 The only way to get a payment.
EXCLUDE YOURSELF BY JUNE 30, 2020 Get no payment. This is the only option that allows you to ever be part of any other lawsuit against HD Supply and the other Released Defendant Parties about the Released Claims.
OBJECT BY JUNE 30, 2020 Write to the Court about why you do not like the Settlement, the proposed Plan of Allocation, Lead Counsel’s application for an award of attorneys’ fees and payment of expenses, and/or an award to Lead Plaintiffs.
GO TO THE SETTLEMENT HEARING ON JULY 21, 2020 Ask to speak in Court about the Settlement at the Settlement Hearing by filing a written objection and notice of intention to appear by June 30, 2020.
DO NOTHING Get no payment. Give up rights.