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In re Cisco Systems Inc. Securities Litigation
Case Number:
4:11-cv-01568
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- Benesch
- Complex Appellate Litigation Group
- DiCello Levitt
- Johnson Fistel
- Robbins Geller
- Winston & Strawn
Companies
Sectors & Industries:
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April 29, 2013
Cisco Investors Drop Stock Inflation Class Action
Cisco Systems Inc. shareholders on Friday agreed to drop a consolidated class action filed in California federal court accusing company brass of artificially boosting stock prices while Cisco's CEO used insider information to sell $134 million worth of company shares.
-
April 06, 2011
Cisco Execs Face Suit Over Alleged Stock Inflation
A shareholder hit Cisco Systems Inc. with a class action in California accusing company brass of artificially boosting stock prices and using insider information to sell their shares for $52 million, according to a complaint made public Tuesday.