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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 million cash settlement resolving stockholder litigation pending in the Chancery Court for the State of Tennessee against Forward Air Corporation.
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.
Shareholders may obtain copies of the Notice and Proof of Claim by contacting Settlement Administrator Verita Global at P.O. Box 301171, Los Angeles, CA 90030-1171.
A Settlement Hearing before The Honorable Douglas T. Jenkins is scheduled for June 25, 2026, at the Greene County Courthouse in Greeneville, Tennessee, to determine final 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 the distribution.