Rocket Fuel To Pay $3.2M To End Stock-Drop Suit Over Bots
By Dorothy Atkins ( October 11, 2017, 3:16 PM EDT) -- A California federal judge on Wednesday approved Rocket Fuel Inc.'s $3.15 million deal to resolve a putative shareholder class action alleging the online advertising platform pumped its stock by lying about its ability to block value-draining robot traffic, saying the per-share amount is "probably sufficiently fair" since she'd shot down most of the suit's claims....
Law360 is on it, so you are, too.
A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.
A Law360 subscription includes features such as
- Daily newsletters
- Expert analysis
- Mobile app
- Advanced search
- Judge information
- Real-time alerts
- 450K+ searchable archived articles
And more!
Experience Law360 today with a free 7-day trial.