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In re Plantronics, Inc. Securities Litigation
Case Number:
4:19-cv-07481
See also:
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- Berman Tabacco
- Bernstein Litowitz
- Bleichmar Fonti
- Chiesa Shahinian
- Fenwick & West
- Glancy Prongay
- Hagens Berman
- Labaton Keller
- Pomerantz LLP
- Robbins Russell
- WilmerHale
Companies
Sectors & Industries:
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April 28, 2025
Class Attys Seek $6.5M Cut In $29.5M Plantronics Settlement
Lead counsel for Plantronics investors who secured a $29.5 million deal resolving claims the company used "channel stuffing" tactics to bolster revenue are seeking $6.5 million in fees, telling a California federal judge Friday the request is reasonable, given the strong recovery and their track record successfully prosecuting similar securities cases.
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July 22, 2024
Plantronics Investors Ink $29.5M 'Channel Stuffing' Sales Deal
Plantronics investors have asked a California federal judge to greenlight a $29.5 million settlement resolving their claims the company used unsustainable "channel stuffing" sales practices to deceptively boost revenues, which led to a drop in stock price when the tactic failed and was revealed to investors.