3:19cv3422 • June 14, 2019
Class Period Start
April 12, 2018
Class Period End
August 28, 2019
PSLRA Deadline
August 13, 2019
Case Allegations
10b5
Statutes of Repose
Apr 12, 2021
Country
United States
Court
Federal Court
Please note that for cases in the settlement stage, claims are handled by the claims administrator and NOT Levi & Korsinsky. Any information or documentation previously provided to us does not constitute submission of a claim. If you need to file a claim, check the status of a claim, or have questions regarding distribution of settlement funds, please contact the claims administrator below.
Claim Deadline
December 30, 2023
Settlement Fund
$75,500,000
Settlement Status
Disbursed
Settlement Class
All persons or entities that (a) All persons and entities who purchased or otherwise acquired Zuora, Inc. common stock during the period of April 12, 2018, through May 30, 2019, inclusive and were damaged thereby; and/or (b) all persons and entities who purchased or otherwise acquired shares of Zuora, Inc. common stock pursuant or traceable to the Registration Statement and Prospectus issued in connection with Zuora’s April 12, 2018 initial public offering.
Claim Administrator
Zuora, Inc. Securities Litigation
c/o Epiq Class Action & Claims Solutions P.O. Box 5530
Portland, OR 97228-5530
+1 855-914-4696
[email protected]
Settlement Website
https://zuorasecuritieslitigation.com/Hearing Date
January 12, 2024
Opt-out Deadline
December 31, 1969
Settlement Note
Download hereProof Of Claim
Download here
Nov 4, 2024
The court has approved the distribution of settlement funds to eligible class members. Investors with approved claims may receive payments from the settlement. If you have questions about your claim or payment, contact the claims administrator.
Jan 16, 2024
The court has granted final approval of the settlement. Eligible investors who submit valid claims may receive a payment once the claims review and distribution process is completed.
Aug 14, 2023
Preliminary Approval of Settlement
The court has granted preliminary approval of a proposed settlement. This means the settlement can move forward for further consideration, but it has not yet received final approval. Potential class members will generally receive notice explaining the settlement, their rights, and any deadlines for submitting a claim, objecting to the settlement, or choosing not to participate.
Jun 23, 2023
May 15, 2023
Sep 6, 2022
Apr 4, 2022
Nov 5, 2021
Apr 23, 2021
Mar 15, 2021
The court has determined that a class action is the appropriate method to bring the claims by class members. Usually, when a class is certified, the judge will also affirm an individual or entity to represent the class and finalize a class definition (i.e.: who is represented in the lawsuit).
Jan 19, 2021
Dec 4, 2020
Motion for Class Certification
The plaintiffs have asked the court to approve the lawsuit to proceed as a class action on behalf of a group of investors. The judge will decide whether the case meets the requirements for class certification and which investors and claims may be included.
Jun 29, 2020
May 5, 2020
Apr 28, 2020
The court has denied the defendants' request to dismiss the lawsuit. The case can now move forward to the next stage of litigation.
Jan 22, 2020
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.
Dec 17, 2019
Nov 8, 2019
A new complaint has been filed on behalf of certain investors in ZUORA INC. Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.
Sep 23, 2019
Sep 9, 2019
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.
Jun 14, 2019
A securities fraud class action complaint has been filed on behalf of certain investors in ZUORA INC.
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