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In re Mattel Inc Securities Litigation
Case Number:
2:19-cv-10860
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- Bernstein Litowitz
- Block & Leviton
- Dechert LLP
- Hueston Hennigan
- Munger Tolles
- Paul Hastings
- Seltzer Caplan
- WilmerHale
Companies
Sectors & Industries:
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May 19, 2022
Judge Cuts 'Unreasonable' Atty Fee Bid In $98M Mattel Deal
A California federal judge has granted final approval to a $98 million settlement between investors and toymaker Mattel Inc. and PwC, but slashed the requested $24.5 million in attorney fees, saying it was too high.
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May 02, 2022
Mattel Judge Mulls $24.5M Atty Fee Bid In $98M Investor Deal
U.S. District Judge Mark C. Scarsi said Monday he will grant final approval of $98 million in settlements resolving investors' claims that Mattel and PwC misled them by understating an income tax expense, but said he's still considering the class counsel's $24.5 million attorney fee bid.
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January 19, 2022
Mattel, Investors Get OK On $98M Deal Over Tax Misstatement
A California federal judge preliminarily approved a $98 million settlement in a class action brought by investors against Mattel and PwC claiming the companies misled them by understating an income tax expense and conspiring to conceal the error.
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November 24, 2021
Mattel, Investors Cut $98M Deal To End Tax Misstatement Row
A class of investors accusing Mattel and PwC of misleading them by making a $109 million income tax expense understatement and conspiring to conceal the error urged a California federal judge Wednesday to grant preliminary approval of a $98 million settlement deal.
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October 07, 2021
Mattel Investors Win Class Cert. In $109M Tax Expense Row
A California federal judge certified a class of investors who have accused Mattel and PwC of misleading them by making a $109 million income tax expense understatement for 2017 and conspiring to conceal the error.
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May 03, 2021
Mattel Investors Seek Class Cert. Over Understated Tax Bill
Mattel investors asked a California federal judge to grant them class status in their securities suit accusing the toymaker of understating its income tax expenses by $109 million for the 2017 tax year, saying courts routinely grant certification in securities cases involving the common questions they face.
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April 21, 2020
Bernstein Litowitz To Lead Investor Suits Against Mattel, PwC
A California federal judge on Monday consolidated a pair of proposed class actions accusing Mattel and PwC of misleading investors by understating Mattel's income tax expenses by $109 million for the 2017 tax year, giving Bernstein Litowitz Berger & Grossmann LLP the green light to lead the litigation.