secwatch.observer — SEC 8-K summary
======================================

Issuer:     Loop Industries, Inc. (LOOP)
CIK:        0001504678
Form:       8-K
Filed at:   2022-08-03T23:59:59+00:00
Accession:  0001654954-22-010521
Event type: litigation
Sentiment:  positive
Materiality: 0.75
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Québec court dismisses class action against Loop Industries on July 29, 2022
----------------------------------------------------------------------------

- Superior Court of Québec dismissed the Application for authorization of a class action and related action under section 225.4 of the Québec Securities Act.
- The application was filed by an individual shareholder on behalf of a class of buyers of Loop securities during an undefined Class Period.
- Defendants included Loop Industries, Inc., Loop Canada Inc., and certain officers and directors.
- The class action was originally filed on October 13, 2020; dismissal resolves the matter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1504678/000165495422010521/0001654954-22-010521-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1504678/000165495422010521/loop_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-22-010521

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer