Renner Settlement finalizes Sept 8. Here’s links.
Snips only, see sites for entire content
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securities.stanford.edu
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NOW, THEREFORE, IT IS HEREBY STIPULATED AND AGREED between Plaintiffs and Defendants, by and through their undersigned counsel, that the Action and the Released Claims shall be settled, compromised, and dismissed with prejudice, subject to the
approval of the Court, in the manner and upon the terms and conditions hereafter set forth...
V. “Settlement Amount” means two million and seven hundred and fifty thousand
U.S. Dollars in cash ($2,750,000). The Settlement Amount includes all Administrative Costs, Plaintiffs’ Counsel’s attorneys’ fees and expenses (as allowed by the Court), Award to Lead Plaintiffs (as allowed by the Court), Settlement Class Member benefits, as well as any other costs, expenses, or fees of any kind whatsoever associated with the Settlement.
W. “Settlement Class” means the Settlement Class for which Plaintiffs will seek certification by the Court for the purpose of this Settlement only, consisting of:
All persons who purchased or otherwise acquired Sequans’ American Depository Receipt shares (“ADRs”) between April 29, 2016 and July 31, 2017, both dates inclusive.
Excluded from the Class are anyone named as a defendant...
law360.com
May 15, 2020 Chipmaker To Pay $2.75M To Settle Revenue Accounting Suit
Investors of mobile phone chipmaker Sequans Communications SA asked a New York federal judge Thursday to approve a $2.75 million settlement with the tech company, which shareholders say misled them about its revenue accounting and product return practices, causing its stock price to drop when the practices came to light.
pacermonitor.com
Wednesday, May 20, 2020
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| 9 pgs order Order on Motion for Settlement Wed 05/20 12:02 PM
ELECTRONIC ORDER: Granting the parties motion68 for preliminary approval of the class settlement; notice of pendency and settlement of class action; notice of proposed settlement of class action and scheduling a Fairness Hearing for September 8, 2020 @ 2:30PM before Judge Block
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