id: 293, Created by Stan Vick, Scout
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S.D. New YorkCourt
28 Mar 2013Class period Start
20 Sept 2013Class period End
07 Sept 2022Claim deadline
"Class action lawsuit alleging that BlackBerry Limited (“BlackBerry” or the “Company”) and certain of its officers and directors violated the Securities Exchange Act of 1934 (the “Exchange Act”), and Rule 10b-5 promulgated thereunder, by making materially false and misleading statements and omissions concerning BlackBerry’s then-new BlackBerry 10 smartphones (“BB10s”), and the sufficiency of its accounting and public disclosures concerning the same, that maintained the price of BlackBerry’s stock or otherwise prevented it from falling over the course of the Class Period. Defendants (as defined below) deny Plaintiffs’ allegations. The Parties disagree on, among other things, whether Defendants violated any federal securities laws and whether the alleged violations actually caused any damages to the Class Members."
Kahn Swick & Foti,Brower Piven
Hon. Thomas P. Griesa
JND Legal Administration
Court hearing date
29 September 2022
excluding any Person who purchased BlackBerry common stock from March 28, 2013 through April 10, 2013 and who sold all of their position prior to April 11, 2013.
+$165,000,000Total Settlement Amount