Important Update
The claims deadline was March 4, 2026. No late claims will be accepted.
All submitted claims are currently under review. The Claims Administrator is unable to provide individual claim status updates at this time. The review process may take many months to complete, and no decisions have yet been made regarding individual claims.
Once the review process is complete, eligible claimants will be notified by email regarding the outcome of their claim and any payment that may be issued.
Lightspeed Securities Class Action Settlement
Quebec Superior Court file #500-06-001164-215
If you purchased Lightspeed securities between March 7, 2019 and November 3, 2021 inclusively, you may be eligible for compensation if you submitted a claim by March 4, 2026 at 5:00 p.m. EST.
Settlement Status
On November 25, 2025, the Honourable Lukasz Granosik, J.S.C., approved the settlement. The claim form was available for a period of ninety (90) days, and the deadline to submit a claim was March 4, 2026, at 5:00 p.m. EST. No late claims will be accepted.
All submitted claims are currently under review. Due to the detailed assessment required, the review process may take many months to complete. Once the review process is complete, eligible claimants will be notified by email regarding the outcome of their claim and any payment that may be issued.
Am I Eligible?
Class or Class Members means (other than Excluded Persons):
- Primary Market Sub-Class: All persons and entities who acquired Lightspeed Commerce Inc. or Lightspeed POS Inc. securities in an Offering on or after March 7, 2019, and held some or all of those securities until after the close of trading on (1) September 28, 2021 or (2) November 3, 2021, excluding United States residents who acquired Lightspeed Commerce Inc. or Lightspeed POS Inc. securities in an Offering in the United States between September 11, 2020 and September 28, 2021; and
- Secondary Market Sub-Class: All persons and entities who acquired Lightspeed Commerce Inc. or Lightspeed POS Inc. securities on the secondary market on or after March 7, 2019, and held some or all of those securities until after the close of trading on (1) September 28, 2021 or (2) November 3, 2021, excluding investors who acquired Lightspeed Commerce Inc. or Lightspeed POS Inc. securities on a U.S. exchange between September 11, 2020 and September 28, 2021;
Each Class Member must submit a completed Claim Form and the required Supporting Documentation on or before March 4, 2026, at 5:00 p.m. EST to receive compensation under the settlement. If you do not submit a completed Claim Form by March 4, 2026, at 5:00 p.m. EST you will not receive any part of the net settlement amount.
Important Dates
Claims Deadline