Motley Rice Reaches $809.5 Million Settlement to Resolve Twitter Securities Class Action
“Motley Rice LLC, one of the nation’s largest plaintiffs’ litigation firms, negotiated a settlement resolving litigation in the Northern District of California against Twitter, Inc. and two former senior executives. The preliminary settlement came the Friday before jury selection was scheduled to begin,” reports Johnson City Press in their blog.
“U.S. District Court Judge Jon S. Tigar oversees the case, and will decide whether to approve the settlement on a later date. Motley Rice was appointed Lead Counsel in the case in December 2016, and since that time its team of securities fraud attorneys, which included, William Narwold, Gregg Levin, Meghan Oliver, Max Gruetzmacher.”