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Twitter Investors Seek Class Cert. In Stock-Drop Suit

Law360, San Francisco (July 12, 2018, 10:34 PM EDT) -- Twitter shareholders sought class certification Thursday for their claims the company inflated its stock price by lying about key user statistics, telling a California federal judge that according to one of his own past rulings, they could rely on contemporaneous market analyses to calculate damages.

Lead plaintiff KBC Asset Management sought to represent anyone who acquired Twitter stock between Feb. 6, 2015, and July 28, 2015, the period during which Twitter and two of its former executives allegedly violated two sections of the Securities and Exchange...
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Case Information

Case Title

In re Twitter Inc. Securities Litigation

Case Number



California Northern

Nature of Suit



Jon S. Tigar

Date Filed

September 16, 2016

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