News, Updates, & Victories
Court Grants Preliminary Approval of Settlement in Velodyne Securities Litigation
The Hon. Susan Illston entered an Order preliminarily approving a $27,500,000 class action settlement in Moradpour v. Velodyne Lidar.
Final Approval of $7.75 Million Settlement Granted in GW Pharma Securities Litigation
The Hon. Cynthia Bashant entered a Final Judgment approving a $7.75 million settlement for the Class in a Class action for breach of federal securities laws relating to a proposed merger of pharmaceutical company GW Pharmaceuticals.
Final Approval of $37 Million Settlement Granted in Cleco Securities
The Hon. Lowell Hazel entered a Final Judgment approving a $37 million settlement for the Class in a Class action for breach of fiduciary duties to shareholders relating to a proposed merger of the utility company Cleco Corporation.
Maximizing Recoveries in U.S. Securities Class Actions: How pension funds and institutional investors can increase alpha through securities litigation.
Join Bruno Rosenbaum at the Annual Nordic Investment Conference on March 5, 2024, and discover KSF’s approach to maximizing recoveries on behalf of institutional investors
Final Approval of $5.65 Million Settlement Granted in Pareteum Corporation Securities Litigation
The Hon. Alvin K. Hellerstein entered a Final Judgment approving a $5.65 million settlement for the Class.
Final Approval of $35 Million Settlement Granted in Workhorse Securities Litigation
The Hon. Cormac J. Carney entered a Final Judgment approving a settlement valued at $35 million in cash and stock for the Class.