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

Palo Alto Networks Inc (PANW) Class Action Lawsuit (February 2024)

In Litigation

25-5894 • February 26, 2024

Class Period Start

August 18, 2023

Class Period End

February 20, 2024

PSLRA Deadline

April 26, 2024

Case Allegations

10b5

Statutes of Repose

Aug 18, 2026

Country

United States

Court

Federal Court

Docket History

Sep 18, 2025

On Appeal

Aug 19, 2025

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 6, 2025

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.

May 9, 2025

Second Amended Complaint

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

Apr 11, 2025

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.

Dec 10, 2024

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.

Oct 11, 2024

First Amended Complaint

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

Aug 9, 2024

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.

Apr 25, 2024

Additional Complaint

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

Feb 26, 2024

First Filed Complaint

A securities fraud class action complaint has been filed on behalf of certain investors in Palo Alto Networks Inc.

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