Expired
Lead Plaintiff Deadline
Dec 19, 2023
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The filed complaint alleges that Adobe Inc. made materially false and/or misleading statements and/or failed to disclose that: (a) Figma was growing its market share and was becoming a leader in user experience design; (b) Figma was in direct competition with Adobe on user experience design; (c) Adobe’s product “Express” was not an effective counter to Figma’s growing market share in bringing new customers to Adobe’s paid offerings; (d) Adobe’s other offerings were not succeeding in competing with Figma on user experience design; and (e) Adobe was losing market share to Figma.
In order to be eligible to join the ADBE class action lawsuit, you must have incurred a loss on shares of Adobe purchased during the class period listed above.
If you suffered a loss in Adobe during the relevant time frame or pursuant to the relevant offering(s), you have until December 19, 2023 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
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