In re Cadence Design Systems, Inc. Securities Litigation

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Case overview

Case Number:

3:08-cv-04966

Court:

California Northern

Nature of Suit:

Securities/Commodities

Multi Party Litigation:

Class Action

Judge:

Samuel Conti

Firms

Companies

Sectors & Industries:

  1. November 16, 2011

    Judge OKs Cadence's $38M Securities Action Settlement

    A California federal judge on Tuesday preliminarily approved a $38 million settlement in a putative securities class action accusing Cadence Design Systems Inc. of artificially inflating its value after refusing to clear the deal in August.

  2. August 26, 2011

    Judge Chucks $38M Cadence Class Action Settlement

    A California federal judge on Friday refused to approve a $38 million settlement in a putative securities class action accusing Cadence Design Systems Inc. of artificially inflating its value, calling the lead plaintiff's proposal "woefully inadequate."

  3. June 15, 2011

    Cadence Settles Securities Class Action For $38M

    A California federal court was asked Wednesday to approve a $38 million settlement by plaintiffs in a putative securities class action accusing Cadence Design Systems Inc. of artificially inflating its value before an October 2008 share price plunge.

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