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In Re Zynga Inc. Securities Litigation
Case Number:
3:12-cv-04007
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- Berman Tabacco
- Boersch & Illovsky
- Chan Punzalan
- Kahn Swick
- Labaton Keller
- Law Office of John W. Davis
- Morrison Foerster
- Newman Ferrara
- Robbins Geller
- Simpson Thacher
- Skadden Arps
Companies
- Allen & Company LLC
- Bank of America Corp.
- Barclays PLC
- JPMorgan Chase & Co.
- Morgan Stanley
- Zynga Inc.
Sectors & Industries:
-
October 27, 2015
CORRECTED: Zynga Investors Get Prelim OK For $23M Insider-Trade Deal
A California federal judge on Monday preliminarily approved a $23 million settlement between banking giants including Goldman Sachs & Co. and investors in a consolidated suit against Zynga Inc., alleging company insiders misrepresented the gaming company’s financial health and sold stock before a weak second quarter earnings report. (Correction: An earlier story incorrectly stated that Zynga underwriters were parties to the settlement. The error has been corrected.)
-
August 12, 2013
Goldman Sachs, Others Target Investor Claims In Zynga Row
Banking giants including Goldman Sachs & Co. took aim Friday at investors in a consolidated suit against Zynga Inc., Goldman and other underwriters, arguing those investors could not bring claims over Zynga's secondary offering because they had not purchased shares in that offering.