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City of Hollywood Firefighters Pension Fund v. Atlassian Corporation et al
Case Number:
3:23-cv-00519
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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August 13, 2024
Atlassian Again Beats Investor Suit Over Software Co.'s Slump
Investors in software company Atlassian Corp. haven't shored up claims that the company hid a slowdown in a key growth metric before a 2022 earnings miss, a San Francisco federal judge has decided, dismissing a proposed class action but giving plaintiffs one more shot at their claims.
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January 23, 2024
Atlassian Beats Investor Suit Over Subscriber Base Slowdown
A California federal judge has granted Atlassian Corp.'s motion to dismiss a proposed class action from a group of public pension funds alleging the Australian software company misled investors by concealing trends in its conversion from free to paid users that showed slowed growth, saying the suit's claims were not strong enough to survive dismissal.