Civil Litigation
Oct. 12, 2017
Cybersecurity company settles securities class action
Cybersecurity company Imperva Inc. agreed to settle securities litigation brought by a class of shareholders for $19 million. U.S. District Judge Phyllis J. Hamilton preliminarily approved the settlement at a hearing Wednesday.
OAKLAND — Cybersecurity company Imperva Inc. agreed to settle securities litigation brought by a class of shareholders for $19 million. U.S. District Judge Phyllis J. Hamilton preliminarily approved the settlement at a hearing Wednesday.
The plaintiffs claimed they had up to $228 million in recoverable damages if the case had gone to trial. Shankar v. Imperva Inc. et al., 14-CV01680 (N.D. Cal., filed Apri...
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