Case Updates
The Hon. Alvin K. Hellerstein entered a Final Judgment approving a $5.65 million settlement for the Class.
The Hon. Cormac J. Carney entered a Final Judgment approving a settlement valued at $35 million in cash and stock for the Class.
On July 14, 2023, the court certified a class of shareholders in Moradpour v. Velodyne Lidar, Inc., et al., No. 3:21-cv-01486, a securities fraud class action pending in the United States District Court for the Northern District of California.
On December 20, 2022 a $5,650,000 class action settlement on behalf of persons who purchased Pareteum securities between December 14, 2017, and October 21, 2019, inclusive was preliminarily approved.
On February 14, 2023 a $35M class action settlement on behalf of persons who purchased the securities of Workhorse between March 10, 2020 and May 10, 2021, inclusive was preliminarily approved.
The Hon. Colleen McMahon entered a Final Judgment approving a $165 million settlement of Lead Plaintiffs’ claims.
The Hon. Susan Illston, United States District Judge for the Northern District of California, entered an Order partially denying Defendants’ motion to dismiss Lead Plaintiffs’ securities fraud complaint against corporate Defendant Velodyne Lidar, Inc. and individual Defendants Anand Gopalan, James Graf, and Michael Dee.
The Hon. Lorna G. Schofield entered a Final Judgment approving a $44 million settlement of Plaintiffs’ claims.
The Hon. Mary Kay Vyskocil granted final approval to the shareholder derivative settlement in In re Conduent Incorporated Stockholder Derivative Litigation
The Court preliminarily approved the $165M Blackberry securities class action settlement on June 14, 2022.
The Hon. William J. Martini entered a Final Judgment approving a $10 million settlement of Plaintiffs’ claims
The Hon. Maxine M. Chesney entered an Order Denying Defendants’ Motion to Dismiss the Amended Complaint.
The Hon. Paul A. Fiorvanti, Jr. denied Defendants Motion to Dismiss in its entirety the litgation against Highpower International.
The Hon. Vernon S. Broderick entered an Order approving the selection of KSF as Lead Counsel for the putative Class Siegel v. The Boston Beer Company, Inc. et al., Case No. 1:21-cv-7693-VSB (S.D.N.Y.).
The Hon. Vernon S. Broderick entered an Order approving the selection of KSF as Lead Counsel for the putative Class Sandoz v. Waterdrop Inc. et al., Case No. 1:21-cv-7683-VSB (S.D.N.Y.).
The Hon. Cormac J. Carney entered an Order denying, in substantial part, Defendants’ motion to dismiss against Workhorse Group, Inc. and individual defendants Duane Hughes and Steve Schrader.
The Hon. Carolyn B. Kuhl entered an Opinion and Order denying in its entirety defendants’ motion to dismiss plaintiffs’ consolidated complaint.
The Hon. Ronnie Abrams entered an Order approving the selection of KSF as Lead Counsel for the putative Class in Re CarLotz, Inc. Securities Litigation, Case No. 1:21-cv-05906-RA (S.D.N.Y.)
The Hon. Janis Lynn Sammartino grants final approval to the class action settlement in Khoja v. Orexigen Therapeutics, Inc., approving Lead Plaintiff’s $4.8 million recovery for investors.
The Hon. Lorna G. Schofield, United States District Court Judge for the Southern District of New York, entered an Opinion and Order substantially denying defendants’ motion for summary judgment.