KSF News, Updates, & Insights

Preliminary Approval of Settlement in Orexigen Securities Litigation

On April 22, 2021, the Hon. Janis L. Sammartino, United States District Court Judge for the Southern District of California, entered an Order preliminarily approving a $4,800,000 class action settlement on behalf of all Persons who purchased or otherwise acquired Orexigen publicly-traded securities between March 3, 2015 and May 12, 2015, inclusive. For more information regarding the proposed settlement, KSF directs investors to the dedicated settlement website at https://www.orexigensecuritieslitigation.com/.