September 14, 2021
A California federal judge has dismissed with prejudice Finjan Holdings investors' proposed securities class action over the cybersecurity company's $44 million sale to Fortress Investment Group, finding the lead plaintiff again failed to allege any plausible motive for leadership to devalue the company.
April 14, 2021
Cybersecurity company Finjan Holdings has beaten shareholders' proposed securities class action, but a California federal judge left room for the investors to amend their claims that the company made misrepresentations about its $44 million acquisition deal last year.