Tue 29th Sep 2026 | Posted by Melissa Wright, on News

Glancy Prongay Wolke & Rotter LLP obtained approval of a $15 million securities settlement on behalf of investors in Evolv Technologies Holdings, Inc. f/k/a NewHold Investment Corp. (NASDAQ: EVLV). The Honorable Allison D. Burroughs, United States District Judge of the District of Massachusetts, entered judgment approving the settlement on September 24, 2026, following a settlement fairness hearing held that day. Glancy Prongay Wolke & Rotter LLP served as Court-appointed Lead Counsel for the Settlement Class, with Andrews DeValerio LLP served as Liaison Counsel, and The Law Offices of Frank R. Cruz served as additional counsel for plaintiffs. The action was […]

Fri 25th Sep 2026 | Posted by Melissa Wright, on General, News,

Glancy Prongay Wolke & Rotter obtained approval of a $7.5M all-cash securities settlement for investors of Vintage Wine Estates, Inc. (formerly NASDAQ: VWE). Glancy Prongay Wolke & Rotter LLP served as Court-appointed Lead Counsel for the Settlement Class. The Honorable Gloria M. Navarro, United States District Judge of the District of Nevada, entered judgment approving the $7.5M securities settlement on September 22, 2026, after a settlement fairness hearing held that day. Muehlbauer Law Office, Ltd. served as liaison counsel and Block & Leviton LLP served as additional counsel. The action was prosecuted on behalf of Court-appointed lead plaintiffs Marilyn Ezzes […]

Wed 26th Aug 2026 | Posted by Melissa Wright, on General, News,

The United States District Court for the District of New Jersey has granted final approval to a $9,500,000 all-cash settlement resolving securities fraud claims brought on behalf of investors who purchased Eagle Pharmaceuticals, Inc. (formerly NASDAQ: EGRX) common stock. Glancy Prongay Wolke & Rotter LLP served as Court-appointed Lead Counsel for the certified Settlement Class. The Honorable Michael A. Hammer, United States Magistrate Judge, entered judgment approving the settlement on August 19, 2026. Carella, Byrne, Cecchi, Brody & Agnello, P.C. served as Liaison Counsel. The action was prosecuted on behalf of Court-appointed lead plaintiff Evans Associates I, LLC and named […]

Tue 18th Aug 2026 | Posted by Melissa Wright, on General, News,

Four partners at Glancy Prongay Wolke & Rotter LLP (GPWR) — Lionel Z. Glancy, Kara M. Wolke, Jonathan M. Rotter, and Kevin F. Ruf — have been selected to the 2027 Southern California Super Lawyers list published by Super Lawyers, a Thomson Reuters business. Glancy Prongay Wolke & Rotter LLP is a plaintiffs’ class action law firm headquartered in Los Angeles, California. Lionel Z. Glancy is the founding partner of Glancy Prongay Wolke & Rotter LLP. Admitted to practice in California in 1988, he has served as lead counsel for investors in securities class actions in federal district and appellate […]

Mon 10th Aug 2026 | Posted by Melissa Wright, on General, 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 […]

Authors:

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 […]

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% […]

Fri 19th Sep 2025 | Posted by Melissa Wright, 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 […]