Bristol County Retirement System v. Qurate Retail, Inc. (QVC)

Settled: September 23, 2019

On November 26, 2018, pursuant to the PSLRA, Labaton Sucharow was appointed lead counsel and Indiana Public Retirement System was appointed lead plaintiff in a securities class action lawsuit against Qurate Retail and certain of its officers and directors.  The Amended Class Action Complaint, filed on May 30, 2019, alleges violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and SEC Rule 10b-5 promulgated thereunder on behalf of all persons and entities that purchased or otherwise acquired QVC stock during the period from August 5, 2015 through September 8, 2016, inclusive.  Qurate Retail is the parent company of retail brands QVC, HSN, zulily, Ballard Designs, Frontgate, Garnet Hill, and Grandin Road. 

The parties agreed to settle the action and executed a Stipulation and Agreement of Settlement on May 31, 2019 for $5.75 million. 

The case is Bristol County Retirement System v. Qurate Retail, Inc., No. 18-cv-02300 (D. Colo.). 

Submit Claim Form
If you purchased or otherwise acquired QVC Stock during the period from August 5, 2015 through September 8, 2016, inclusive, and were allegedly damaged thereby, as will be determined by the Plan of Allocation approved by the Court, you may be entitled to a payment from a class action settlement. To be eligible for a payment, you must submit a Claim Form to the Claims Administrator by October 25, 2019. 

Settlement Hearing
A Settlement Hearing was held on September 23, 2019 before the Honorable Michael E. Hegarty, United States Magistrate Judge at the United States District Court for the District of Colorado, Alfred A. Arraj United States Courthouse, 901 19th Street, Denver, CO 80294.

If you have questions about the Settlement, please contact Labaton Sucharow at settlementquestions@labaton.com or 1-888-219-6877, or contact the Claims Administrator, Strategic Claims Services at (833) 279-8069. Additional information about the Settlement can also be found at: www.strategiclaims.net.