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Lightspeed Commerce Announces Settlement Agreement for Quebec Class Action

Lightspeed Commerce Inc. announced an agreement to resolve a class action in Quebec, pending court approval.
The settlement amount is approximately $8.09 million, allowing Lightspeed to focus on its business transformation.
Lightspeed and other defendants admit no liability and deny all allegations of wrongdoing.
The settlement intends to fully settle all claims against Lightspeed and other defendants.

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Lightspeed Commerce Announces Settlement Agreement for Quebec Class Action Français

MONTREAL, /CNW/ - Lightspeed Commerce Inc., (NYSE: LSPD) (TSX: LSPD) ("Lightspeed" or the "Company"), the unified omnichannel platform powering ambitious retail and hospitality businesses in over 100 countries, today announced that it has reached an agreement in principle to resolve in full the proposed class action proceedings filed in Quebec.1 The settlement follows the recent dismissal of a parallel U.S. securities class action against the Co…

2 days ago·United States

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The Globe & Mail

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Lightspeed Commerce Announces Settlement Agreement for Quebec Class Action

Detailed price information for Lightspeed Commerce Inc. (LSPD-T) from The Globe and Mail including charting and trades.

3 days ago·Canada

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stocktitan.net

Lightspeed Ends Legal Battle: $8.09M Settlement Closes Quebec Class Action as US Case Gets Thrown Out

Lightspeed reaches settlement agreement in Quebec class action while US case dismissed. CEO outlines transformation focus. Get full settlement details and future impact.

3 days ago

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