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Shankar v. Imperva, Inc. et al
Case Number:
4:14-cv-01680
Court:
Nature of Suit:
Judge:
Firms
- DiCello Levitt
- Fenwick & West
- Freedman Normand
- Glancy Prongay
- Johnson Fistel
- Robbins Geller
- WilmerHale
Companies
Sectors & Industries:
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September 01, 2017
Imperva Cuts $19M Deal To End Investors' Stock-Drop Row
Shareholders of data security company Imperva Inc. asked a California federal judge on Thursday to preliminarily approve a $19 million settlement that would resolve putative class claims that the company misled investors and cost them nearly half the value of their investment while letting executives sell off their shares for millions.
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September 21, 2015
Imperva Dodges Shareholder Suit Over Stock Drop
A California federal judge has dismissed a securities class action filed by shareholders of data security company Imperva Inc., finding the investors' claims that executives misled them about the company's competitiveness either couldn't be objectively verified or failed to prove executives' allegedly misleading statements were false.