Governance & Derivative
Mergers & Acquisitions
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.