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Robbins Geller Rudman & Dowd LLP, Grant & Eisenhofer P.A., and Collins Shelton Blair & Wright PLLC Announce Proposed Settlement in the Forward Air Stockholder Litigation
The deal would resolve all claims if approved by the court, and class members must file claims by July 10, 2026 to share the fund.
On Friday, May 8, 2026, Robbins Geller Rudman & Dowd LLP announced a proposed $28,000,000.00 cash settlement in Forward Air Corporation stockholder litigation pending in the Chancery Court for the State of Tennessee.
The class action involves shareholders of Forward Air Corporation as of August 10, 2023, when defendants agreed to a merger agreement with Omni Newco, LLC and its subsidiaries, including Omni Logistics LLC.
Verita Global serves as the Settlement Administrator, with shareholders obtaining Notice and Proof of Claim copies via P.O. Box 301171, Los Angeles, CA 90030-1171, or www.ForwardAirStockholderSettlement.com.
The Honorable Douglas T. Jenkins will preside over a Settlement Hearing on June 25, 2026, at Greene County Courthouse in Greeneville, Tennessee, to determine final class certification and settlement approval.
Class members must submit exclusion requests by May 29, 2026, file objections by June 3, 2026, and submit proof of claim forms by July 10, 2026, to participate in distribution.