June 12, 2020
Netgear Inc. spinoff Arlo Technologies Inc. has agreed to pay $1.25 million to end shareholder claims the security company misled investors in advance of its initial public offering.
December 19, 2019
Investors in remote access security camera maker Arlo Technologies haven't shown that pre-IPO statements the Netgear spinoff made were false or misleading at the time they were issued, a California judge ruled Thursday, throwing out their putative shareholder class action without prejudice.
May 08, 2019
A California federal judge has awarded Keller Lenkner the lead counsel spot in a lawsuit alleging Netgear Inc. spinoff Arlo Technologies Inc. concealed important information from investors and sent the company's stock price into decline following its initial public offering.