Pack v. LuxUrban Hotels Inc. Securities Class Action Settlement
What this is about
During the class period LuxUrban and individual defendants allegedly made materially false or misleading statements about the company's portfolio of leased hotel properties, inflating the price of LuxUrban securities.
The background
Pack v. LuxUrban Hotels Inc., et al., No. 1:24-cv-01030, is pending in the U.S. District Court for the Southern District of New York before Judge Paul A. Engelmayer. The complaint alleged LuxUrban and two former executives made materially false or misleading statements about the company's portfolio of leased hotel properties during the class period (May 9, 2023 - August 20, 2024). A $3,000,000 all-cash settlement fund will be distributed pro rata to investors who file valid Proofs of Claim, based on Recognized Loss. Claims must be submitted to administrator Strategic Claims Services by August 10, 2026; exclusion/objection deadline is August 18, 2026 and the final approval hearing is September 8, 2026.
Who's eligible
Investors who purchased or otherwise acquired LuxUrban Hotels Inc. (LUXH) common stock or 13% Series A Cumulative Redeemable Preferred Stock between May 9, 2023 and August 20, 2024, inclusive, and were damaged.
File your claim on the official site →Common questions
How much can I get from the Pack v. LuxUrban Hotels Inc. Securities Class Action Settlement?
Pro rata share of $3,000,000 fund based on Recognized Loss under the court-approved Plan of Allocation
What happened in the Pack v. LuxUrban Hotels Inc. Securities Class Action Settlement case?
During the class period LuxUrban and individual defendants allegedly made materially false or misleading statements about the company's portfolio of leased hotel properties, inflating the price of LuxUrban securities.
How do I actually file a claim?
Use the official claim link on this page — it goes directly to the real claims administrator or court-approved site. We never collect claim submissions ourselves and never charge a fee to help you file.
Where does this information come from?
This entry was last verified on August 5, 2026 against its primary source (the official claims administrator, court record, or government page) — linked below. We re-check it, not just copy it once.
Want to know when settlements like this open up?
We check for new Financial Services & Banking claims daily. Tell us your email and we'll send a weekly rundown of what's new — no spam, unsubscribe anytime.