Tue 30th Dec 2025 | Posted by Michaela Ligman, on News
Congratulations to our partner Kara Wolke on being recognized in the 2025 Lawdragon 500 Leading Plaintiff Financial Lawyers Guide—a well-deserved acknowledgment of her outstanding work for investors.
Full ReadWed 24th Dec 2025 | Posted by Michaela Ligman, on News
Glancy Prongay & Murray LLP is honored to be recognized by the Daily Journal as one of California’s Top Securities Litigation Boutiques for 2025. For more than three decades, our firm has remained singularly focused on representing investors and consumers in complex, high-stakes securities matters nationwide. This profile highlights recent landmark recoveries, including our role as sole lead counsel in the $433.5 million Alibaba securities class action and as co-lead counsel in the $120 million ViacomCBS recovery arising from the Archegos collapse. We are grateful to our clients, colleagues, and team whose trust and dedication make these results possible.
Full ReadFri 19th Sep 2025 | Posted by Michaela Ligman, on News
On August 5, 2025, Co-Lead Counsel Glancy Prongay & Murray secured final approval of a $120 million settlement for ViacomCBS Inc. investors. The settlement resolves investors’ claims that certain underwriters of the March 2021 public offering of Viacom Class B and Viacom convertible preferred stock violated the Securities Act of 1933 by issuing false and misleading statements and failing to disclose that the underwriters had substantial holdings of Viacom common stock as collateral for a highly leveraged, highly concentrated portfolio owned by Archegos Capital Management LP and that the underwriters could (and did) sell those holdings when Archegos collapsed. The […]
Full ReadMon 8th Sep 2025 | Posted by Michaela Ligman, on News
On August 28, 2025, Glancy Prongay & Murray LLP, as co-Class Counsel, secured final approval of a $20 million settlement on behalf of Live Nation Entertainment Inc. investors. The settlement resolves investors’ claims that Live Nation (NASDAQ: LIVE) violated the Securities Exchange Act of 1934 by allegedly misrepresenting its cooperation with regulators and its anti-competitive practices during the period February 23, 2022 and November 20, 2023. The case is in the United States District Court for the Central District of California, before Judge Kenly Kiya Kato, Case No. 23-cv-06343-KK-AS.
Full ReadThu 12th Jun 2025 | Posted by Michaela Ligman, on News
Notice of Proposed Settlement and of Settlement Hearing Stipulation and Agreement of Settlement
Full ReadMon 9th Jun 2025 | Posted by Michaela Ligman, on News
LOS ANGELES, June 9, 2025 – Glancy Prongay & Murray LLP (“GPM”) is pleased to announce that on June 5, 2025, the United States District Court for the Southern District of California denied in full Defendants’ motion to dismiss the Second Amended Consolidated Class Action Complaint in In re DermTech, Inc. Securities Litigation, Case No. 23-cv-1885-DMS-JLB. The case arises from allegations that former DermTech executives John Dobak and Kevin Sun made material misrepresentations or omissions concerning key aspects of the Company’s business. Specifically, Plaintiffs allege that Defendants misrepresented: (1) the extent to which Medicare covered the Company’s flagship product; (2) […]
Full ReadTue 13th May 2025 | Posted by Michaela Ligman, on News
On April 3, 2025, Glancy Prongay & Murray LLP, as co-Class Counsel, secured preliminary approval of a $120 million settlement on behalf of Viacom investors. GPM serves as Class Counsel with Bernstein Litowitz Berger & Grossmann LLP on behalf of a class of Viacom investors. See: https://www.prnewswire.com/news-releases/bernstein-litowitz-berger–grossmann-llp-and-glancy-prongay–murray-llp-announce-notice-of-pendency-and-proposed-settlement-involving-persons-and-entities-who-purchased-or-otherwise-acquired-common-stock-or-preferred-stock-of-vi-302425828.html
Full ReadThu 3rd Apr 2025 | Posted by Michaela Ligman, on News
Glancy Prongay & Murray announces that partner Charles Linehan of GPM was recently appointed lead counsel in Hayes v. Enphase Energy, Inc., a securities class action on behalf of Enphase (NASDAQ: ENPH) investors. The case is pending in the United States District Court for the Northern District of California, before Judge James Donato, Case No. 24-cv-04249-JD. See: https://www.businesswire.com/news/home/20250402932946/en/Glancy-Prongay-Murray-LLP-Appointed-Lead-Counsel-in-Class-Action-Lawsuit-Against-Enphase-Energy-Inc.-ENPH
Full ReadFri 28th Mar 2025 | Posted by Michaela Ligman, on News
The Settlement Is one of the Top 50 Securities Class Action Recoveries in U.S. History Glancy Prongay & Murray has secured final approval of an historic $433.5 million settlement in the Alibaba Group Holding Limited securities class action. The settlement resolves investors’ claims that Alibaba (NYSE: BABA) violated the Securities Exchange Act of 1934 by allegedly misrepresenting its regulatory compliance and its use of monopolistic business practices during the period November 13, 2019 through December 23, 2020. The settlement is the largest securities class action settlement ever attained against a Chinese issuer and ranks among the fifty largest U.S. securities class action settlements of all time, […]
Full ReadMon 13th Jan 2025 | Posted by Michaela Ligman, on News
GPM’s own Kara Wolke will be featured on a panel discussion on recent trends in securities class action filings, motion practice, and settlements hosted by NERA Economic Consulting. Please join this complimentary CLE webinar for panelists’ thoughts and insights. WEBINAR: Recent Trends in Securities Class Action Litigation Wednesday, 29 January 2025 1:00–2:00 pm EST On 29 January at 1:00 pm EST, hear from NERA experts and renowned class action plaintiff and defense lawyers in the NERA webinar “Recent Trends in Securities Class Action Litigation.” NERA Senior Managing Director David Tabak will moderate a panel featuring Director Edward Flores, Glancy Prongay […]
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