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S.D. New York
Court
28 Mar 2013
Class period Start
20 Sept 2013
Class period End
07 Sept 2022
Claim deadline
BlackBerry Litigation
"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."
Alleged Offence
Other
Suspected Party
Other
Security Type
Stocks
Trade Direction
Long
Plaintiffs
MARVIN PEARLSTEIN
Attorneys
Kahn Swick & Foti,Brower Piven
Judge
Hon. Thomas P. Griesa
Administrator
JND Legal Administration
Court hearing date
29 September 2022
Settlement conditions
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.
+$165,000,000
Total Settlement Amount
Created by Stan Vick, Scout

BlackBerry Ltd

BlackBerry Limited provides intelligent security software and services to enterprises and governments worldwide. The company operates through three segments: Cybersecurity, IoT, and Licensing and O...

    Ticker
    BB.US
    ISIN
    CA09228F1036
    CIK
    1070235
    Sector
    Technology
    Industry
    Software - Infrastructure
    Country
    USA
    Address
    2200 University Avenue East, Waterloo, ON, Canada, N2K 0A7