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ShoreTel Inc (NASDAQ: SHOR) Investor Securities Class Action Lawsuit 01/15/2008

  • If you purchased shares of ShoreTel Inc (NASDAQ: SHOR), you might have certain options and should contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this case, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Lawsuit Overview

Company
ShoreTel
Security
NASDAQ: SHOR

Case Name
ShoreTel Shareholder Class Action Lawsuit 01/15/2008
Type of Lawsuit
Shareholder Class Action
Court of Filing
U.S. District Court for the Northern District of California

Class Period Begin
Class Period End
Deadline To File for Lead
Settlement Notice
shoretel_inc_settlement_notice_7_2010.pdf
Settlement Proof
shoretel_inc_settlement_proof_7_2010.pdf
Filed Complaint
shoretel_inc_original_filing_edited_1_2008.pdf
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Settlement Overview

Date Settled
Date Settled
Settlement Amount
$3,000,000.00

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Summary

October 18, 2010 - The court approved the settlement, entered the orders approving the plan of allocation, the motion for attorneys’ fees and expenses, and dismissed the action with prejudice.
June 4, 2010 - Parties filed a stipulation of settlement.

June 21, 2010 - The court granted the motion to dismiss of a particular defendant.

August 26, 2008 - The defendants filed motions to dismiss.

June 27, 2008 - The lead plaintiff filed an amended consolidated complaint.

April 25, 2008 - The lead plaintiffs and lead counsel were appointed and all cases were consolidated.

March 17, 2008 - Lead plaintiff motions were filed.

January 29, 2008 - Another investor filed a complaint.

January 15, 2008 - An investor in shares of ShoreTel Inc (NASDAQ: SHOR) filed a lawsuit in the U.S. District Court for the Northern District of California against ShoreTel Inc over alleged violations of Federal Securities Laws between July 3, 2007 and January 7, 2008.

The plaintiff alleges that ShoreTel Inc, certain of its officers and directors, and ShoreTel Inc's underwriters are charged with including, or allowing the inclusion of, materially false and misleading statements in the Registration Statement and Prospectus issued in connection with the July 3, 2007 IPO, in violation of the Securities Act of 1933.

shoretel_inc_original_filing_edited_1_2008.pdf
Date Settled