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Author: Melissa Wright

GPM Announces Final Approval of a $20 Million Settlement on Behalf of Live Nation Investors

Mon 8th Sep 2025 | Posted by , 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.

Glancy Prongay & Murray LLP Appointed Lead Counsel in Class Action Lawsuit Against Enphase Energy, Inc. (ENPH)

Thu 3rd Apr 2025 | Posted by , 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 

Alibaba Group Holdings $433.5 Million Settlement Claims Due March 26, 2025

Mon 6th Jan 2025 | Posted by , on News

All Persons and/or entities that purchased or otherwise acquired Alibaba ADS between November 13, 2019 and December 23, 2020, inclusive, are encouraged to visit the claim administrator’s website to learn more about the settlement and submit a claim form online.   Claim forms must be submitted online or postmarked no later than March 26, 2025. https://alibabaclassactionsettlement.com/

GPM Secured Preliminary Approval of a $433.5 Million Settlement on Behalf of Alibaba Investors

Tue 12th Nov 2024 | Posted by , on News

On October 28, 2024, Glancy Prongay & Murray LLP, led by firm attorneys Kara Wolke and Melissa Wright, secured preliminary approval of a $433.5 million settlement on behalf of Alibaba investors. GPM filed the initial complaint in this case back in 2020 and serves as Lead Counsel. The settlement would be the largest securities class action settlement against a Chinese issuer, the twenty-first largest securities class action settlement in the Southern District of New York, and one of the fifty largest securities class action settlements in the U.S., since the PSLRA was enacted nearly thirty years ago. See: https://news.bloomberglaw.com/litigation/alibaba-to-pay-433-million-to-settle-antitrust-investor-suit

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