Adamo v. Nextdoor Holdings, Inc. et al

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Case Number:

5:24-cv-01213

See also:

Court:

California Northern

Nature of Suit:

Securities/Commodities

Multi Party Litigation:

Class Action

Judge:

Edward J. Davila

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Companies

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  1. November 21, 2025

    Nextdoor Beats Investor Suit Over Post-SPAC Woes For Good

    A California federal judge has permanently dismissed a shareholder class action alleging hyperlocal social networking service Nextdoor Holdings Inc. misled investors about its projected profitability when combining with a special purpose acquisition company, finding the investors failed to cure issues from a previous complaint.

  2. May 20, 2025

    Nextdoor Beats Investor Suit Over Post-SPAC Profitability

    A California federal judge has tossed a shareholder class action that alleges hyperlocal social networking service Nextdoor Holdings Inc. misled investors about its projected profitability when combining with a special purpose acquisition company, saying the suit's plaintiff never owned or sold the company's securities before the merger, among other things.