Try our Advanced Search for more refined results

Robb v. Fitbit Inc. et al

  1. May 03, 2018

    Fitbit Investors' Atty Fees Cut By $2.5M In Stock-Drop Deal

    A California federal judge on Thursday cut the attorneys' fees for Fitbit investors to approximately $5.75 million from $8.25 million, finding the sum to be equitable with the amount of litigation that took place before a settlement was reached between Fitbit and the investors who accused it of hiding problems with its fitness trackers.

  2. April 20, 2018

    Fitbit Investors' $8.25M Atty Fee Bid 'A Little Rich,' Judge Says

    A California federal judge on Friday approved a $33 million class action settlement resolving allegations that Fitbit Inc. hid problems with its fitness trackers and artificially inflated its stock price, but held off on awarding $8.25 million in attorneys' fees, saying the amount "might be a little rich for this case."

  3. January 09, 2018

    Fitbit, Investors Reach $33M Deal In Stock-Drop Suit

    Fitbit shareholders on Monday urged a California federal judge to approve a $33 million deal that would wrap up nearly two years of litigation over allegations the company hid problems with its fitness tracking technology and artificially inflated its stock price.

  4. May 12, 2017

    Fitbit Investors Garner Class Cert. In Stock Drop Suit

    A California federal judge Friday granted an unopposed motion to certify two classes of Fitbit shareholders who allege the company hid problems with its fitness tracking technology — one for investors who purchased shares in Fitbit's initial public offering, and another for those who bought between the IPO and the date the stock dropped.

  5. May 11, 2017

    Fitbit Can't Run Away Before Discovery Over, Investors Say

    The investors behind a class action accusing Fitbit Inc. of artificially inflating its stock price by hiding problems with its fitness tracking technology told a California federal court on Wednesday that it would be jumping the gun to let Fitbit escape from the suit before they had a chance to conduct discovery.

  6. April 27, 2017

    Stock Drop Not Caused By Misrepresentations, Fitbit Says

    Fitbit Inc. on Wednesday urged a California federal judge to throw out an investor class action accusing the company of artificially inflating its stock price by hiding problems with its fitness tracking technology, saying the alleged losses are easily explained by factors other than fraud.

  7. March 06, 2017

    Fitbit Investors Claiming Co. Hid Problems Seek Class Cert.

    Investors asked a California federal judge Friday to certify a pair of classes in a shareholder suit alleging Fitbit Inc. hid problems with its fitness tracking technology, inflating its stock price before the truth came out.

  8. January 19, 2017

    Fitbit Still Can't Shake Shareholder Suit

    A California federal judge on Thursday rejected Fitbit Inc.'s renewed bid to duck a proposed shareholder class action alleging the company hid problems with its fitness tracking technology and inflated its stock prices, saying the investors had shown enough to proceed.

  9. October 27, 2016

    Fitbit Denied Bid To Shed Shareholder Suit

    A California federal judge refused Wednesday to toss a proposed shareholder class action alleging that Fitbit Inc. lied about its fitness tracking technology and inflated its stock prices, saying that investors have pointed to potentially misleading statements by the company.

  10. May 11, 2016

    Glancy Prongay, Pomerantz To Lead Fitbit Shareholder Suit

    A California federal judge on Tuesday chose five individual investors who collectively lost $3.1 million after a Fitbit Inc. stock drop to represent a proposed class, naming Glancy Prongay & Murray LLP and Pomerantz LLP lead counsel over institutional shareholders' objections.

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!