August 03, 2021
A California federal judge gave preliminary approval Tuesday to a $1.375 million settlement between cloud storage company Dropbox and its investors over their claims that the company hid a slowdown in revenue growth as it held an initial public offering in 2018.
May 17, 2021
Investors in file-hosting service Dropbox have asked a federal judge in California to give an initial nod to a $1.375 million settlement deal that would end consolidated claims that the company hid a slowdown in revenue growth as it held an initial public offering in 2018.
October 21, 2020
A California judge on Wednesday tossed a proposed class action over Dropbox Inc.'s initial public offering that accused the cloud-based storage company of hiding a slowdown in the rate at which it converted nonpaying accounts to paying accounts.