FSD Pharma Inc. (CSE: HUGE, OTC: FSDDF, FRA: 0K9)

Ontario Superior Court of Justice, Court File No.: CV-19-00614981-00CP

DISTRIBUTIONS TO CLAIMANTS ANTICIPATED TO PROCEED IN SEPTEMBER 2021

This notice is directed to all persons and entities, excluding certain persons associated with the Defendant, wherever they may reside or be domiciled, who purchased or otherwise acquired FSD Pharma, Inc. class B common shares in the secondary market, on or after September 20, 2018, and held some or all of those shares until after the close of trading on February 6, 2019.

On February 4, 2021, the Ontario Superior Court of Justice approved the settlement in this class action. The settlement provides for the payment of CAD $5,500,000 in consideration of the full and final settlement of all claims against the Defendant, including class counsel’s fees, applicable taxes and expenses, and interest, a full release and a dismissal of the action. The Court also set a Claims Bar Deadline of June 21, 2021, which is now expired. As such, further claims cannot be accepted in this class action.

The Court-appointed Referee is in the process of adjudicating any disputes raised by claimants during the claims process.

It is anticipated that distributions to authorized claimants will be made in September 2021.

Questions for the Class Members’ lawyers may be directed to:

Andrew Morganti
Morganti & Co., P.C.
Email: [email protected]

Class members can avail themselves of the claims process by using the website at www.fsdsecuritiesclassaction.com

Important Documents

Details about the Court Approved Settlement may be found in following Notice of Settlement Approval in the following languages:

English (PDF)
Francais (PDF)
Deutsche (PDF)

Claim or Motion for Authorization issued: February 22, 2019

Class Period: September 20, 2018 to and including February 8, 2019, but the statutory claim is being advanced for the November 29, 2018 through February 7, 2019 period

Judge: The Honourable Edward M. Morgan

Motion Record in Support for Statutory Claim Filed: The hearing for “leave to proceed” occurred on June 23, 2020, via, video-court

Shareholders’ Canadian Counsel: Albert Pelletier and Andrew Morganti, Morganti & Co.

Claim Administrator:
Trilogy Class Action Services
Attention: FSD Class Action Settlement
117 Queen Street, P.O. Box 1000,
Niagara-on-the-Lake, Ontario L0S 1J0
Tel: 1-877-400-1211
Fax: 416-342-1761
Email: [email protected]