>BigBand Networks, Inc.
Date Filed: October 3, 2007
Court: U.S. District Court
Location: California
Ticker Symbol: BBND
Hagens Berman Sobol Shapiro LLP filed a proposed class-action shareholder lawsuit on behalf of anyone who purchased BigBand Networks Inc. securities since the company's IPO on March 15, 2007. The lawsuit sought to pursue remedies under the Securities Act of 1933.
The complaint alleged BigBand violated the Securities Act and that company insiders including the CEO, CFO and CTO knowingly published misleading and false statements about the company's financial health and product offerings.
RECENT DEVELOPMENTS:
September 22, 2009 - Today the Court entered final judgment in the BigBand Networks securities litigation. The Judge granted final approval of the settlement finding it fair, reasonable and adequate.
The Judge certified the class consisting of all individuals or entities that purchased BigBand common stock from the company's IPO on March 15, 2007 through Oct. 30, 2007.
You can view the Judge's final judgment here.
June 11, 2009 - We encourage individuals or entities that purchased BigBand Networks, Inc. common stock from March 15, 2007 to Oct. 30, 2007, to visit the settlement Web site to learn more about the process and important deadlines - www.bigbandsecuritieslitigation.com.
June 1, 2009 - On May 28, 2009, the court signed an order preliminarily approving a settlement in the BigBand securities case.
February 14, 2008 - Today the U.S. District Court for the Northern District of California appointed Hagens Berman Sobol Shapiro as co-lead counsel for the class in the case against BigBand Networks.
The judge also consolidated all similarly filed cases against BigBand and assigned all future proceedings to her courtroom. Judge Armstrong consolidated a total of five cases. To view the related case order document please click here.
Court: U.S. District Court
Location: California
Ticker Symbol: BBND
Hagens Berman Sobol Shapiro LLP filed a proposed class-action shareholder lawsuit on behalf of anyone who purchased BigBand Networks Inc. securities since the company's IPO on March 15, 2007. The lawsuit sought to pursue remedies under the Securities Act of 1933.
The complaint alleged BigBand violated the Securities Act and that company insiders including the CEO, CFO and CTO knowingly published misleading and false statements about the company's financial health and product offerings.
RECENT DEVELOPMENTS:
September 22, 2009 - Today the Court entered final judgment in the BigBand Networks securities litigation. The Judge granted final approval of the settlement finding it fair, reasonable and adequate.
The Judge certified the class consisting of all individuals or entities that purchased BigBand common stock from the company's IPO on March 15, 2007 through Oct. 30, 2007.
You can view the Judge's final judgment here.
June 11, 2009 - We encourage individuals or entities that purchased BigBand Networks, Inc. common stock from March 15, 2007 to Oct. 30, 2007, to visit the settlement Web site to learn more about the process and important deadlines - www.bigbandsecuritieslitigation.com.
June 1, 2009 - On May 28, 2009, the court signed an order preliminarily approving a settlement in the BigBand securities case.
February 14, 2008 - Today the U.S. District Court for the Northern District of California appointed Hagens Berman Sobol Shapiro as co-lead counsel for the class in the case against BigBand Networks.
The judge also consolidated all similarly filed cases against BigBand and assigned all future proceedings to her courtroom. Judge Armstrong consolidated a total of five cases. To view the related case order document please click here.
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