News, Updates, & Victories
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.
KSF Wins Class Certification in Velodyne Securities Litigation
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.
$5.65M Pareteum Securities Fraud Class Action Preliminarily Approved
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.
$35M Workhorse Securities Fraud Class Action 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.
KSF Achieves 4th Largest Securities Class Action Settlement in 2022
After 8.5 years from the initially filed complaint in October 2013 BlackBerry agreed to resolve its U.S.-based shareholder class action with a $165 million