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Luna et al v. Marvell Technology Group, Ltd. et al
Case Number:
3:15-cv-05447
See also:
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- Alto Litigation
- Bernstein Litowitz
- Glancy Prongay
- Latham & Watkins
- Law Offices of Curtis V. Trinko
- Paul Hastings
- Pomerantz LLP
- Quinn Emanuel
- Robbins Geller
- Sheppard Mullin
- Skadden Arps
Companies
Sectors & Industries:
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December 21, 2017
Judge OKs Marvell's $72.5M Stock-Drop Deal With Investors
A California federal judge on Thursday gave the preliminary green light to Marvell Technology Group Ltd.'s agreement to pay $72.5 million to end an investor class action alleging the company's stock dropped 16 percent after inflated revenue projections didn't pan out.
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December 19, 2017
Marvell Investors Seek OK For $72.5M Stock-Drop Deal
Marvell Technology Group Ltd. has agreed to pay $72.5 million to end an investor class action alleging the company's stock dropped 16 percent after inflated revenue projections didn't pan out, according to a proposed deal filed in California federal court on Tuesday.
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October 26, 2017
Marvell Investors Say Co.'s Own Accountants Found Problems
Marvell Technology Group investors urged a California federal judge Thursday to certify a class alleging the company's stock dropped 16 percent after inflated revenue projections didn't pan out, saying Marvell's own forensic accountant found its public filings did "not appear to be a true and fair representation of the company's performance."
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September 21, 2017
Marvell Waived Privilege Handing Report To SEC, Judge Says
A California federal judge Thursday ordered Marvell Technology to give a putative class of investors the underlying work papers used to prepare an investigatory report that Marvell commissioned on its accounting practices, saying such reports are "suspect" and that tendering it to the U.S. Securities and Exchange Commission waived any privilege.