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NATI.US

National Instruments (NATI) Stocks Repurchasing Case

S.D. New York
Court
1:23-cv-10488
Case number
25 May 2022
Class period Start
17 Jan 2023
Class period End
  • National Instruments supposedly concealed a formal acquisition offer from Emerson while repurchasing its stock.
  • This caused $NATI to drop unnaturally during several months.
It is claimed that when National Instruments was repurchasing its stock, they were aware of a formal acquisition offer from Emerson but did not disclose it.

Investors suppose that National Instruments had an obligation to disclose that it had received this offer or abstain from repurchasing.
Alleged Offence
Mismanagement
Misleading Statements
Omissions
Suspected Party
Directors
Management
Security Type
Stocks
Trade Direction
Long
Shock Event Date
17 January 2023
Filing date
30 November 2023
Lead Plaintiff Deadline
29 January 2024
Collecting participants…
Created by Polina Foster, Scout

National Instruments Corporation

National Instruments Corporation provides a software-centric platform to engineers and scientists worldwide. Its programming environments software includes NI LabVIEW, a graphical software platform...

    Ticker
    NATI.US
    ISIN
    US6365181022
    CIK
    935494
    Sector
    Technology
    Industry
    Software - Application
    Country
    USA
    Address
    11500 North MoPac Expressway, Austin, TX, United States, 78759-3504