Insights & Updates

Mon 10th Aug 2026 | Posted by Melissa Wright, on News

Glancy Prongay Wolke & Rotter LLP partner Pavithra Rajesh has been named a 2026 in the Securities category. Law360 announced the 2026 class on August 2, 2026, recognizing more than 160 attorneys under 40 across dozens of practice areas in the seventeenth year of the program. Rising Stars are selected by Law360’s editorial staff from submissions detailing an attorney’s most significant matters, with each practice-area category reviewed by editors experienced in that field. Congratulations, Pavithra. About Pavithra’s practice Ms. Rajesh is a partner in the Firm’s Los Angeles office. Her work centers on fact development and pre-litigation investigation — the groundwork […]

Tue 14th Jul 2026 | Posted by Glancy Law, on News

Notice of Proposed Settlement and Settlement Hearing Stipulation and Agreement of Settlement

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Tue 26th May 2026 | Posted by Melissa Wright, on Publications

On September 19, 2025, the Securities and Exchange Commission (“SEC” or “Commission”) adopted a policy that potentially marks one of the most consequential shifts in U.S. securities regulation in decades, and at the very least will impose tremendous uncertainties and costs on investors and companies.  In a unilateral announcement that bypassed the required rulemaking process, the SEC said that it would break from long-standing precedent to facilitate the inclusion mandatory arbitration provisions in corporate charters and bylaws.[1]  Mandatory arbitration forces shareholders who have been victims of fraud to individually sue companies in a private, confidential forum, instead of a court, […]

Tue 17th Mar 2026 | Posted by Melissa Wright, on News

On March 4, 2026, the Honorable Kai N. Scott of the U.S. District Court for the Eastern District of Pennsylvania certified a class of investors in a securities fraud case against Verrica Pharmaceuticals, Inc. and its former top executives. In granting the plaintiffs’ motion and appointing Glancy Prongay Wolke & Rotter to serve as class counsel, the Court commended the attorneys’ skill and experience, stating: “It is a lamentable rarity for the Court to decide a motion where the quality of briefing and the quality of oral argument are both top notch. It is, however, the Court’s good fortune to […]

Mon 2nd Mar 2026 | Posted by Glancy Law, on News

Broadridge’s 2026 Global Class Action Annual Report spotlights the “top 10 most complicated class action asset recovery opportunities of 2025”—including two matters our team litigated: Alibaba Group Holding Ltd. Securities Litigation ($433.5M) and ViacomCBS (Archegos) Securities Litigation ($120M). Congrats to the talented lawyers-Robert Prongay, Kara Wolke, Kevin Ruf, Melissa Wright, Pavithra Rajesh, Daniella Quitt, and Chris Fallon-whose efforts delivered these meaningful outcomes for investors. Link to the report: 2026 Global Class Action Annual Report

Mon 23rd Feb 2026 | Posted by Glancy Law, on News

Glancy Prongay Wolke & Rotter LLP (formerly Glancy Prongay & Murray LLP) announced today that it has been ranked No. 2 nationally in Institutional Shareholder Services’ Securities Class Action Services (“ISS SCAS”) Top 50 Plaintiff Law Firms 2025 report, which ranks plaintiffs’ securities firms by the aggregate settlement amount achieved for shareholders in North American securities-related class action settlements during the 2025 calendar year. According to ISS SCAS, Glancy Prongay Wolke & Rotter achieved $585.9 million in total settlement funds approved by courts in 2025—placing the Firm second overall among plaintiffs’ firms. The Firm’s 2025 results included serving as Lead […]

Wed 4th Feb 2026 | Posted by Melissa Wright, on News

Glancy Prongay Wolke & Rotter LLP (GPWR) is proud to announce that the Firm, as sole lead counsel for Alibaba investors, attained the highest securities class action settlement of 2025, according to NERA’s Recent Trends in Securities Class Action Litigation: 2025 Full-Year Review.  Spearheaded by partners Kara Wolke and Melissa Wright, GPWR leveraged its deep experience and tenacious advocacy into a $433.5 million settlement for the benefit of Alibaba’s investors.   To put that in perspective, NERA reported that all 79 securities class action settlements reached nationwide in 2025 totaled $2.9 billion — meaning this one case accounted for roughly 15% […]