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In re Cadence Design Systems, Inc. Securities Litigation
Case Number:
3:08-cv-04966
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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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.
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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."
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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.