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In re Millennial Media, Inc. Securities Litigation
Case Number:
1:14-cv-07923
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- Bernstein Litowitz
- Cera LLP
- Foley & Lardner
- Hagens Berman
- Levi & Korsinsky
- Pomerantz LLP
- Shearman & Sterling
Companies
- Allen & Company LLC
- Barclays PLC
- Bessemer Venture Partners
- Canaccord Genuity Group Inc.
- Charles River Ventures Inc.
- Morgan Stanley
- New Enterprise Associates Inc.
- Oppenheimer Holdings Inc.
Sectors & Industries:
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May 29, 2015
Labaton On 'Quest For Ignorance' In Millennial IPO Suit
A New York federal judge blasted Labaton Sucharow LLP for its handling of confidential witnesses while dismissing a shareholder class action over mobile advertiser Millennial Media Inc.'s $152 million initial public offering, suggesting that attorneys were on a "quest for ignorance" when constructing their complaint.
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February 10, 2015
Investor Suits Over Millennial Media's $152M IPO Consolidated
A New York federal judge on Tuesday consolidated two proposed shareholder class actions accusing digital advertising company Millennial Media Inc. of deceiving investors about the viability of its technology platform before its $152 million initial public offering and a subsequent $162 million stock sale.
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October 03, 2014
Millennial Media Inflated Stock Prior To $152M IPO, Fund Says
Mississippi's public pension fund has launched a shareholder class action against Millennial Media Inc., claiming the mobile ad purveyor deceived investors about the viability of its technology platform prior to its $152 million initial public offering and a subsequent $162 million stock sale.