November 14, 2016
A California federal judge on Monday tossed a stock-drop class action alleging FireEye Inc. didn’t warn investors it was changing to a higher-cost business model, saying the cybersecurity company’s estimates and financial predictions weren’t material misrepresentations or omissions of fact but, rather, examples of corporate optimism.
March 13, 2015
A California federal judge has denied the appointment of a lead plaintiff in a stock-drop suit alleging FireEye Inc. didn't warn investors it was changing to a higher cost, labor-intensive business model for addressing data breaches, saying continued squabbling among the parties necessitates further discussion on the issue.
November 25, 2014
A potential shareholder class sued FireEye Inc. in California federal court on Friday, alleging that the network security provider misled investors about its business model and fundamentals, which led to an inflated stock price that rapidly declined after its two offerings.