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VLDR.US
id: 1116

Velodyne Lidar (VLDR) Investor Settlement

N.D. California
Court
3:21-cv-01486
Case number
02 Jul 2020
Class period Start
17 Mar 2021
Class period End

Velodyne Lidar(VLDR) and investors intend to agree on a settlement by March 12, 2024, to end claims over failing to disclose that certain of Velodyne’s directors had failed to operate with respect, honesty, integrity, and candor in their dealings with the $VLDR officers and directors.



Alleged Offence
Misleading Statements
Failure to Disclose
Omissions
Suspected Party
Directors
Management
Security Type
Stocks
Trade Direction
Long
Filing date
02 March 2021
Lead Plaintiff Deadline
03 May 2021
Plaintiffs
Diane Smith
Attorneys
Kahn Swick & Foti LLP (San Francisco, CA)
Defendants
Anand Gopalan, Andrew Hamer
Judge
Hon. Susan Illston
Trades matching type
FIFO
+$27,500,000
Total Settlement Amount

Frequently Asked Questions

Velodyne Lidar Inc

Velodyne Lidar, Inc. provides real-time 3D vision for autonomous systems worldwide. It offers surround-view lidar for autonomous vehicles, drones, security, mobile robots, and mapping applications;...

    Ticker
    VLDR.US
    ISIN
    US92259F1012
    CIK
    1745317
    Country
    USA
    Address
    5521 Hellyer Avenue, San Jose, CA, United States, 95138