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).
(Order available. Document #57-160620-042R.)
Shareholder William Monachelli filed a securities class action in the U.S. District Court for the Northern District of California on behalf of all...