Overview

Basic information

Litigation

Active legal matters

Material Events

8-K disclosures

SEC Filings

Key regulatory docs

Insider Transactions

Ownership changes

Overview

Basic information

Litigation

Active legal matters

Material Events

8-K disclosures

SEC Filings

Key regulatory docs

Insider Transactions

Ownership changes

Fastly, Inc. (FSLY) Class Action Lawsuit (August 2020)

Closed

4:20cv6024 • August 27, 2020

Class Period Start

May 6, 2020

Class Period End

October 14, 2020

PSLRA Deadline

October 26, 2020

Case Allegations

10b5

Statutes of Repose

May 6, 2023

Country

United States

Court

Federal Court

Docket History

Dec 23, 2021

No Appeal- Closed

Nov 23, 2021

Motion to Dismiss Granted

The court has granted the defendants' request to dismiss the lawsuit. Depending on the court's decision, the plaintiffs may be allowed to file an updated complaint or pursue an appeal.

Jun 11, 2021

Motion to Dismiss

After reviewing the complaint(s) filed by plaintiffs, defendants have filed a motion requesting that the court dismiss some or all of the plaintiffs' claims. In a motion to dismiss, defendants might challenge the validity of plaintiffs' claims or adequacy of plaintiffs' pleadings. Once a motion to dismiss is filed, the judge will make a decision on whether part or all of the case should be dismissed or the case can proceed as alleged.

Apr 12, 2021

First Amended Complaint

A new complaint has been filed on behalf of certain investors in Fastly, Inc.. Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.

Mar 2, 2021

Scheduling Order

Feb 10, 2021

Appointment of Lead Plaintiff

The court has appointed a lead plaintiff to represent the interests of investors in the lawsuit. The lead plaintiff works with the attorneys handling the case, helps oversee the litigation, and represents the interests of the proposed class.

Oct 27, 2020

Scheduling Order

Sep 15, 2020

Additional Complaint

Another plaintiff has filed a complaint on behalf of investors in Fastly, Inc.. The allegations and class definitions are substantively the same.

Aug 27, 2020

First Filed Complaint

A securities fraud class action complaint has been filed on behalf of certain investors in Fastly, Inc..

TOP