Skip to Content

Category: News

Glancy Prongay & Murray LLP Appointed Lead Counsel in Class Action Lawsuit Against Enphase Energy, Inc. (ENPH)

Glancy Prongay & Murray announces that partner Charles Linehan of GPM was recently appointed lead counsel in Hayes v. Enphase Energy, Inc., a securities class action on behalf of Enphase (NASDAQ: ENPH) investors. The case is pending in the United States District Court for the Northern District of California, before Judge James Donato, Case No. 24-cv-04249-JD. See: https://www.businesswire.com/news/home/20250402932946/en/Glancy-Prongay-Murray-LLP-Appointed-Lead-Counsel-in-Class-Action-Lawsuit-Against-Enphase-Energy-Inc.-ENPH 

Glancy Prongay & Murray LLP Secures Record-Setting $433.5 Million Recovery in Alibaba Investor Lawsuit

The Settlement Is one of the Top 50 Securities Class Action Recoveries in U.S. History Glancy Prongay & Murray has secured final approval of an historic $433.5 million settlement in the Alibaba Group Holding Limited securities class action. The settlement resolves investors’ claims that Alibaba (NYSE: BABA) violated the Securities Exchange Act of 1934 by allegedly misrepresenting its regulatory compliance and its use of monopolistic business practices during the period November 13, 2019 through December 23, 2020. The settlement is the largest securities class action settlement ever attained against a Chinese issuer and ranks among the fifty largest U.S. securities class action settlements of all time, […]

GPM’s Kara Wolke to Join Panel Discussion Hosted by NERA Economic Consulting January 29, 2025

GPM’s own Kara Wolke will be featured on a panel discussion on recent trends in securities class action filings, motion practice, and settlements hosted by NERA Economic Consulting. Please join this complimentary CLE webinar for panelists’ thoughts and insights. WEBINAR:  Recent Trends in Securities Class Action Litigation Wednesday, 29 January 2025 1:00–2:00 pm EST On 29 January at 1:00 pm EST, hear from NERA experts and renowned class action plaintiff and defense lawyers in the NERA webinar “Recent Trends in Securities Class Action Litigation.” NERA Senior Managing Director David Tabak will moderate a panel featuring Director Edward Flores, Glancy Prongay […]

Alibaba Group Holdings $433.5 Million Settlement Claims Due March 26, 2025

All Persons and/or entities that purchased or otherwise acquired Alibaba ADS between November 13, 2019 and December 23, 2020, inclusive, are encouraged to visit the claim administrator’s website to learn more about the settlement and submit a claim form online.   Claim forms must be submitted online or postmarked no later than March 26, 2025. https://alibabaclassactionsettlement.com/

GPM Secured Preliminary Approval of a $433.5 Million Settlement on Behalf of Alibaba Investors

On October 28, 2024, Glancy Prongay & Murray LLP, led by firm attorneys Kara Wolke and Melissa Wright, secured preliminary approval of a $433.5 million settlement on behalf of Alibaba investors. GPM filed the initial complaint in this case back in 2020 and serves as Lead Counsel. The settlement would be the largest securities class action settlement against a Chinese issuer, the twenty-first largest securities class action settlement in the Southern District of New York, and one of the fifty largest securities class action settlements in the U.S., since the PSLRA was enacted nearly thirty years ago. See: https://news.bloomberglaw.com/litigation/alibaba-to-pay-433-million-to-settle-antitrust-investor-suit

Twitter Derivative Settlement (Plaintiff Atul Verma / Case No. 2019-0509-PAF)

Derivative Actions were brought by Twitter stockholders on behalf of Twitter and are pending in the Court of Chancery of the State of Delaware (the “Court”) and the United States District Court for the District of Delaware. If the Court approves the Settlement, it will resolve all claims brought, or that could have brought, in the Derivative Actions. Notice of the settlement attached below: Twitter Derivative Settlement Long Form Notice (re Plaintiff Atul Verma Case No. 2019-0509-PAF) IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE ATUL VERMA, derivatively on behalf of Nominal Defendant, TWITTER, INC., Plaintiff, v. RICHARD […]

RTIX Deadline approaching in the Class Action Lawsuit Against of RTI Surgical Holdings, Inc. for investors who suffered losses

class action

LOS ANGELES, April 08, 2020 (GLOBE NEWSWIRE) — Glancy Prongay & Murray LLP (“GPM”) reminds investors of the upcoming May 22, 2020 deadline to file a lead plaintiff motion in the class action filed on behalf of RTI Surgical Holdings, Inc. (“RTI Surgical” or “the Company”) (NASDAQ: RTIX) investors who purchased securities between March 7, 2016 and March 16, 2020, inclusive (the “Class Period”). If you suffered a loss on your RTI Surgical investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, you can join the action here, or contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free […]

AOSL Alpha and Omega Semiconductor deadline to file looms Glancy Prongay and Murray GPM class action litigation firm

class action

From Globenewswire.com 4/7/2020: LOS ANGELES, April 07, 2020 (GLOBE NEWSWIRE) — Glancy Prongay & Murray LLP (“GPM”) reminds investors of the upcoming May 18, 2020 deadline to file a lead plaintiff motion in the class action filed on behalf of Alpha and Omega Semiconductor Limited (“Alpha and Omega” or the “Company”) (NASDAQ: AOSL) investors who purchased securities between August 7, 2019 and February 5, 2020, inclusive (the “Class Period”). If you suffered a loss on your Alpha and Omega investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, you can submit your contact information here or contact Charles […]

Class Action Lawsuit Against Westpac Banking Corporation (WBK) looming deadline for investors

class action

From Globenewswire.com 3/10/2020: LOS ANGELES, Feb. 13, 2020 (GLOBE NEWSWIRE) — Glancy Prongay & Murray LLP (“GPM”) reminds investors of the upcoming March 30, 2020 deadline to file a lead plaintiff motion in the class action filed on behalf of Westpac Banking Corporation (“Westpac” or the “Company”) (NYSE: WBK) securities between November 11, 2015 and November 19, 2019, inclusive (the “Class Period”). If you are a shareholder who suffered a loss, click here to participate. If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Charles Linehan, Esquire, at […]