Pirani v. Slack Technologies, Inc. et al

Track this case

Case Number:

3:19-cv-05857

Court:

California Northern

Nature of Suit:

Securities/Commodities

Multi Party Litigation:

Class Action

Judge:

Susan Illston

Firms

Companies

Sectors & Industries:

  1. April 21, 2020

    Slack Investors' Suit Over Service Outage Credits Trimmed

    A California federal judge on Tuesday whittled down claims brought by investors alleging messaging platform Slack failed to warn shareholders of the effect its generous service credit policy could have on its bottom line, ruling that several of the company's statements being challenged by shareholders weren't actually misleading.

  2. November 19, 2019

    3 Firms Vie For Lead In Investors' Slack Direct Listing Suit

    Three firms have thrown their hats into the ring to lead an investors' suit in California federal court against messaging platform Slack alleging the company failed to warn shareholders of the impact its generous service credit policy would have on its bottom line should service outages occur.

  3. November 12, 2019

    Slack Moves To Exit Investor's Suit Over Direct Listing

    Business messaging platform Slack is urging a California federal court to toss a proposed class action stemming from its direct listing, contending the offer's structure precludes the case from moving forward.

  4. September 20, 2019

    Shareholders Slap Slack With Suit Over Outage Credits

    Messaging platform Slack Technologies Inc. and some of its current and former officers were hit with an investor lawsuit Thursday in California federal court just months after the direct listing that brought the company public.