Under Armour, Inc. Derivative Settlement (Circuit Court for Baltimore City No. 24-C-18-003939)
Thu 12th Jun 2025 | Posted by Michaela Ligman, on News
Notice of Proposed Settlement and of Settlement Hearing Stipulation and Agreement of Settlement
Author: Michaela Ligman
Glancy Prongay & Murray LLP Announces Federal Court Denial of Motion to Dismiss in Securities Fraud Case Against DermTech Executives
Mon 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) […]
GPM Secured Preliminary Approval of a $120 Million Settlement on Behalf of Viacom Investors
Tue 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
Glancy Prongay & Murray LLP Secures Record-Setting $433.5 Million Recovery in Alibaba Investor Lawsuit
Fri 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, […]
GPM’s Kara Wolke to Join Panel Discussion Hosted by NERA Economic Consulting January 29, 2025
Mon 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 […]