The Rosen Law Firm was sole Lead Counsel in this consolidated class action in the U.S. District Court for the Northern District of California. The complaint alleged violations of §§ 10b and 20(a) of the Securities Exchange Act arising out of the Company’s issuance of false statements relating to certain undisclosed related party transactions and the Company’s revenue. The parties agreed to settle this action for $7.25 million in cash.
