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

Securities Class Action

Securities fraud litigation history and active cases

In Litigation

0

Settlement

0

Closed

1

Total Settlement

$75.5M

ZUORA INC (ZUO) Class Action Lawsuit (June 2019)

Closed

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

Settlement Information

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]

Hearing Date

January 12, 2024

Opt-out Deadline

December 31, 1969

Settlement Note

Download here

Proof Of Claim

Download here

Docket History

Nov 4, 2024

Disbursement Approved

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

Final Approval of Settlement

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

Proposed Settlement

May 15, 2023

Proposed Settlement

View all Updates

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