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Baum v. Harman International Industries, Incorporated et al
Case Number:
3:17-cv-00246
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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November 15, 2022
Harman Investors' Attys Score $8.7M Fees In Buyout Suit
Attorneys for a class of investors in electronics company Harman International Industries Inc. will receive just under a third of the $28 million settlement fund they brokered in April, ending claims the company misled shareholders as it worked to finalize its acquisition by Samsung.
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July 14, 2022
Harman Investors' $28M Deal In Buyout Suit Gets Initial OK
A Connecticut federal judge has given an initial nod to a $28 million settlement by electronics company Harman International Industries Inc. to resolve investor claims that it misled shareholders as it sought to be acquired by Samsung Electronics Co. Ltd.
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January 15, 2020
As Harman Asks For Dismissal, Investors Seek Class Cert.
One day after Harman International Industries Inc. submitted a motion for judgment, company investors on Tuesday asked for certification of their proposed class in a federal suit in Connecticut alleging they were duped by Harman's proxy statement as it sought approval of its $8 billion acquisition by Samsung Electronics Co. Ltd.
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October 03, 2019
Harman Must Face Trimmed Suit Over Samsung Acquisition
Harman International Industries Inc. must still face claims that it misled investors in its proxy statement when it sought their approval for its $8 billion acquisition by Samsung Electronics Co. Ltd., but a federal judge in Connecticut on Thursday halved the number of allegations it faces.