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Kenny v. Montage Technology Group Limited et al
Case Number:
3:14-cv-00722
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
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July 11, 2017
Chipmaker To Shell Out $7.25M To Settle Stock Drop Suit
A class of investors announced a proposed $7.25 million settlement with chipmaker Montage Technology Group Ltd. in California federal court Monday, putting an end to a suit that claims the company misled investors about its relationship to a distributor and inflated stock prices ahead of a stock offering.
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April 22, 2016
Investors Win Cert. In Suit Over Montage Stock Offering
A group of investors alleging chipmaker Montage Technology Group Ltd. misled investors ahead of a stock offering last year won certification when a California federal judge ruled they, as a group, relied on the company's allegedly concealed relationship with a distributor.
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January 30, 2015
Chipmaker Can't Nix Claims It Misled Investors Before Offering
A California district judge on Thursday refused to toss a securities class action alleging chipmaker Montage Technology Group Ltd. misled investors ahead of a stock offering last year, saying Montage failed to prove the claims against it should be dismissed.