Judge Grants Preliminary Approval Of $9M Securities Class Action Settlement
Mealey's (March 7, 2016, 2:28 PM EST) -- SAN FRANCISCO — A federal judge in California on March 4 granted preliminary approval of a settlement in a securities class action lawsuit against a company and certain of its executive officers, ruling that the settlement meets all statutory requirements for settlement (In re Vocera Communications Inc. Securities Litigation, No. 13-3567, N.D. Calif.).
(Order available. Document #57-160321-058R.)
Lead Plaintiffs Arkansas Teacher Retirement System and Baltimore County Employees’ Retirement System filed an amended complaint in the U.S. District Court for the Northern District of California on behalf...