Parekh v. Avalara Inc et al

  1. October 24, 2025

    Avalara Investors Fight Stay In $8.4B Buyout Dispute

    Shareholders of tax software company Avalara are fighting a motion by the company in Washington federal court to stay litigation accusing it of misleading investors ahead of an $8.4 billion deal to take the company private.

  2. September 16, 2025

    Avalara Investors' Claims Pass Muster After 9th Circ. Revival

    A Washington federal judge has allowed a proposed class action to proceed accusing tax software company Avalara Inc. of misleading investors ahead of an $8.4 billion deal to take the company private, but said the suit failed to adequately allege negligence by individual board members, giving investors one week to amend those claims.

  3. March 01, 2024

    Avalara Beats Investors' $8.4B PE Buyout Challenge For Good

    A Washington federal judge refused Friday to give another chance to a proposed shareholder class action alleging Avalara lied to win investors' support for an $8.4 billion private equity buyout, in an order finding the lead plaintiff failed again to show the tax software company made false statements.

  4. October 10, 2023

    Tax Software Co., Execs Beat $8.4B PE Buyout Suit, For Now

    A Washington state federal judge has dismissed a suit from shareholders of tax software company Avalara Inc. accusing it of making false statements in an attempt to gain support of an $8.4 billion deal that privatized the company, ruling the suit does not sufficiently show any of the statements at question were actually untrue.

  5. April 21, 2023

    Avalara Seeks To Exit Shareholder Dispute Over $8.4B Deal

    Avalara Inc. has urged a Washington federal court to toss a proposed class action accusing executives of misleading shareholders into approving an $8.4 billion deal that took the tax software company private, saying the shareholders have failed to plead that the executives made any misleading public statements prior to the deal.

  6. February 06, 2023

    Pomerantz To Lead Avalara Shareholder Suit Over $8.4B Deal

    A Seattle federal judge on Friday appointed Pomerantz LLP lead counsel in a proposed class action accusing tax software company Avalara Inc. executives of misleading shareholders about its financial health in a bid to convince them to approve Vista Equity Partners' $8.4 billion acquisition of the company.

  7. November 07, 2022

    Shareholder Says Avalara Lowballed Value To Push $8.4B Deal

    Avalara Inc. executives misled shareholders about its financial health in a bid to convince them to approve Vista Equity Partner's $8.4 billion acquisition of the company, according to a proposed shareholder class action filed in Washington federal court.