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City of Fort Lauderdale Police And Firefighters' Retirement System et al v. Pegasystems Inc. et al

  1. August 16, 2024

    Attys Eye $10.5M In Fees From Pegasystems Securities Deal

    Attorneys for lead plaintiffs in a shareholder class action against Pegasystems are seeking $10.5 million in attorney fees from the $35 million settlement that ended claims that the software company failed to properly disclose a rival's trade secret litigation that led to a since-vacated $2 billion verdict.

  2. April 24, 2024

    Pegasystems Cuts $35M Deal To End Investor Suit

    Pegasystems Inc. has agreed to pay $35 million to settle a shareholder suit in Massachusetts federal court alleging the software company failed to properly disclose a rival's trade secret litigation that led to a $2 billion verdict.

  3. July 24, 2023

    Software Co. Can't Nix Investor Suit On $2B Trade Secret Loss

    A Massachusetts federal judge on Monday kept alive an investor proposed class action against software company Pegasystems accusing it of failing to properly disclose trade secret litigation by a rival that resulted in a $2 billion dollar verdict against it, ruling that the investors credibly alleged the company misled them.