In re Twitter Inc. Securities Litigation

  1. November 17, 2022

    Twitter's $810M Investor Deal Near Final OK, With $182M Fees

    A California federal judge said Thursday he'll approve Twitter Inc.'s deal to pay investors $809.5 million — including $182 million in attorney fees — to end claims it overstated user engagement, telling a lawyer poised to argue, "You have the ball ... you're up by six points."

  2. October 13, 2022

    Twitter Investor Attys Want $182M Fees For Pretrial Settlement

    Lawyers representing a class of investors who sued Twitter for allegedly misleading them about user engagement asked a California federal judge on Thursday to approve an award of attorney fees worth 22.5% of the $809.5 million settlement fund, or about $182 million.

  3. September 20, 2021

    Twitter Cuts $810M Deal To End Securities Suit On Eve Of Trial

    With Twitter Inc. set to face trial Monday in a certified securities class action in California federal court, the social media giant agreed to pay $809.5 million to end claims it overstated user engagement in 2015 and caused shares to fall almost 15% in one day.

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