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PS.US
id: 1161

Pluralsight (PS) $20M Investor Settlement

Late claims are being considered for compensation, subject to approval.
D. Utah
Court
1:19-cv-00128
Case number
01/16/2019
Class period Start
07/31/2019
Class period End
12/21/2024
Claim deadline
Pluralsight has agreed to a $20M settlement with $PS investors to end claims that it failed to disclose significant delays in hiring and training its salesforce.
Case Status
Accepting Late Claims
Alleged Offence
Misleading Statements
Financial Misrepresentation
Failure to Disclose
Omissions
Suspected Party
Directors
Management
Security Type
Stocks
Trade Direction
Long
Payout per Share
0.36
Filing date
08/13/2019
Lead Plaintiff Deadline
10/12/2019
Plaintiffs
Indiana Public Retirement System, City of Birmingham Firemen's and Policemen's Supplemental Pension System, Public School Teachers' Pension and Retirement Fund of Chicago
Attorneys
Clyde Snow & Sessions (Salt Lake City, UT), Cohen Milstein Sellers & Toll PLLC (Chicago, IL)
Defendants
Aaron Skonnard, James Budge, Gary Crittenden, Scott Dorsey, Arne Duncan, Ryan Hinkle, Leah Johnson, Timothy Maudlin, Frederick Onion, Brad Rencher, Bonita Stewart, Karenann Terrell
Judge
Hon. David Barlow
Administrator
Strategic Claims Services
Settlement agreement date
2024-08-27
Court hearing date
01/23/2025
Exclusion deadline
01/02/2025
Objection deadline
01/02/2025
Hearing deadline
01/02/2025
Attorney fee
$4,350,000
Trades matching type
FIFO
+$20,000,000
Cash Settlement Amount

Pluralsight LLC

Pluralsight, LLC develops and operates a cloud-based technology skills platform in the United States, Europe, the Middle East, Africa, and internationally. Its platform products include Pluralsight...

    Ticker
    PS.US
    Sector
    Technology
    Industry
    Software & IT Services
    Country
    United States
    Address
    42 Future Way Draper, 84020