Lead Plaintiff, Lead Counsel Appointed In Securities Class Action

Mealey's (June 3, 2016, 2:18 PM EDT) -- SAN FRANCISCO — A federal judge in California on June 1 appointed a shareholder as lead plaintiff in a securities class action, ruling that no evidence was provided showing that the shareholder fails to meet all statutory requirements for serving in the role (William Monachelli v. Hortonworks Inc., et al., No. 16-0980, N.D. Calif.; 2016 U.S. Dist. LEXIS 71575)....