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In re Splunk Inc. Securities Litigation
Case Number:
4:20-cv-08600
See also:
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- Bernstein Litowitz
- Bleichmar Fonti
- Block & Leviton
- Glancy Prongay
- Klausner Kaufman
- Robbins Geller
- Robbins LLP
- Sidley Austin
- Slarskey LLC
Companies
Sectors & Industries:
-
March 05, 2024
Splunk Investors Get Final OK For $30M Deal, $7.5M Atty Fees
A California federal judge has granted final approval to a $30 million settlement, including $7.5 million in fees for class counsel, to resolve a securities class action accusing software company Splunk of lying about strategies it used to meet cash flow goals.
-
September 27, 2023
Splunk Investors' $30M Deal Over Growth Strategies OK'd
Splunk Inc. investors scored preliminary approval of a $30 million settlement in California federal court to resolve a securities class action accusing executives of lying about the software company's strategies to reach over $1 billion in positive operational cash flow by 2023, while suspending marketing investments and adopting a hiring freeze.