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Roberts v. Zuora, Inc. et al
Case Number:
3:19-cv-03422
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- Berman Tabacco
- Bernstein Litowitz
- Bleichmar Fonti
- Fenwick & West
- Glancy Prongay
- Hagens Berman
- Johnson Fistel
- Kessler Topaz
- Paul Weiss
- Pomerantz LLP
- Shapiro Arato
- WilmerHale
Companies
Sectors & Industries:
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June 07, 2023
Zuora To Pay Investors $75.5M Over Missed Revenue Targets
Zuora Inc. has cut a $75.5 million global deal with a certified class of investors to resolve claims the cloud-based subscription company, its top brass and underwriters botched the roll-out of software following its initial public offering and missed revenue targets by millions, according to court documents.
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March 16, 2021
Zuora Investor Class Wins Cert. In Software Stock Suit
A federal judge in San Francisco has certified a class of investors in cloud-based subscription company Zuora who claim the company concealed incompatibility between two of its products, causing its stock price to decline when it acknowledged it was struggling to integrate the tools.
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April 30, 2020
Cloud Co. Zuora Must Face Investors' Stock-Drop Suit
A California federal judge has decided to keep alive a suit accusing cloud-based subscription company Zuora of hiding the incompatibility of its two products, allegedly hurting investors when the company's stock price dipped after it acknowledged it was struggling to integrate the tools.
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June 17, 2019
Cloud Platform Investors Sue Over Projected $20M Shortfall
Investors in cloud-based subscription management platform Zuora Inc. have filed a proposed class action in California federal court claiming the company rushed an accounting product to new clients before it was ready and the fleeting demand for it lowered 2020 revenue projections by about $20 million.