Data and AI in court

433 active cases · 9 dates ahead

Securities cases

SEC actions and investor class actions: disclosures, AI claims, stock drops.

Calendar
SecuritiesActiveNov 17 · in 8dIn re Seagate Technology Holdings plc Securities LitigationOn July 10, 2023 and July 26, 2023, two securities class action lawsuits were filed in the U.S. District Court for the Northern District of California against Seagate Technology Holdings plc, Dr.Final approval motion hearingN.D. Cal.filed Jul 2023SecuritiesActiveMay 20, 2027 · in 6moIn re NVIDIA Corporation Securities LitigationLitigation Securities Class Action and Derivative Lawsuits The plaintiffs in the putative securities class action lawsuit, captioned 4:18-cv-07669-HSG, initially filed on December 21, 2018 in the United States District Court for the Northern District of…Motion hearingN.D. Cal.filed Dec 2018SecuritiesActiveUnverifiedfiled Sep 2026Talbot sued v. AppLovin CorporationSued under the Securities Exchange Act.N.D. Cal.SecuritiesActiveUnverifiedfiled Aug 2026Bruce sued v. Intuit Inc.Sued under the Securities Exchange Act.N.D. Cal.SecuritiesActiveUnverifiedfiled Aug 2026In Re Soundhound Ai, INC. Demand Refused Derivative LitigationSued under the Securities Exchange Act.N.D. Cal.SecuritiesActivefiled Jul 2026Baldwin sued v. Intuit Inc.On July 10, 2026 and August 17, 2026, two purported shareholder class actions were filed in the United States District Court for the Northern District of California against the Company and certain members of management.N.D. Cal.SecuritiesActiveUnverifiedfiled May 2026Smith sued v. Snowflake, Inc.Sued for securities fraud.N.D. Cal.SecuritiesActiveUnverifiedfiled Apr 2026The Arbitrage Fund sued v. Activision Blizzard, Inc.Sued under the Securities Exchange Act.D. Del.SecuritiesActiveUnverifiedfiled Apr 2026In re: Adobe Inc. Stockholder Derivative LitigationSued under the Securities Exchange Act.N.D. Cal.SecuritiesActivefiled Feb 2026Patel sued v. Snowflake Inc.On February 24, 2026, a stockholder class action lawsuit was filed against us, our former Chief Executive Officer, and our former Chief Financial Officer in the United States District Court for the Northern District of California, alleging violations under…N.D. Cal.SecuritiesActivefiled Feb 2026Barrows sued v. Oracle CorporationOn February 3, 2026, a putative class action, brought by an alleged stockholder of Oracle, was filed in the U.S. District Court for the District of Delaware against us, our Chief Technology Officer, our two Chief Executive Officers, two other Oracle…D. Del.SecuritiesActivefiled Jan 2026Masaitis sued v. CoreWeaveA putative class action alleging CoreWeave and certain officers made false and misleading statements in violation of the Exchange Act.D. N.J.SecuritiesActiveUnverifiedfiled Dec 2025City of Sterling Heights Police & Fire Retirement System sued v. Synopsys, Inc.Sued under the Securities Exchange Act.N.D. Cal.SecuritiesActiveUnverifiedfiled Dec 2025In Re Synopsys, Inc. Stockholder Derivative LitigationSued under the Securities Exchange Act.N.D. Cal.SecuritiesActiveUnverifiedfiled Dec 2025Union Asset Management Holding AG sued v. The Walt Disney CompanySued under the Securities Exchange Act.C.D. Cal.SecuritiesActiveUnverifiedfiled Nov 2025New England Teamsters Pension Fund sued v. Synopsys, Inc.Sued under the Securities Exchange Act.N.D. Cal.SecuritiesActiveUnverifiedfiled Nov 2025Lombard sued v. Fiserv IncSued under the Securities Exchange Act.E.D. Wis.SecuritiesActiveUnverifiedfiled Nov 2025Cypanga Sicav SIF sued v. Fiserv IncSued under the Securities Exchange Act.E.D. Wis.SecuritiesActiveUnverifiedfiled Nov 2025Heabeart sued v. Coinbase, Inc.Sued under the Securities Exchange Act.S.D. N.Y.SecuritiesActivefiled Oct 2025In re Synopsys, Inc. Securities LitigationOn October 31, 2025, a shareholder class action complaint was filed in the United States District Court for the Northern District of California captioned Kim v.N.D. Cal.SecuritiesDismissedfiled Aug 2025Liggett sued v. C3.aiInvestors claimed C3.ai misled the market in 2025 about CEO Thomas Siebel's health and its effect on the business.N.D. Cal.SecuritiesActivefiled Aug 2025Omar Abdul-Hameed sued v. Snap Inc.On August 21, 2025, we, and certain of our officers, were named as defendants in a federal securities class action lawsuit filed in the U.S. District Court for the Central District of California.C.D. Cal.SecuritiesActivefiled Aug 2025Tesla Autopilot and Robotaxi securities class actionInvestors allege Tesla and Musk misrepresented the effectiveness of Autopilot, Full Self-Driving and Robotaxi between 2023 and 2025.W.D. Tex.SecuritiesActivefiled Jul 2025In re Fiserv, Inc. Securities LitigationOn July 24, 2025, a federal securities law complaint was filed against the Company and Frank J. Bisignano (the Company’s former Chairman and Chief Executive Officer), Michael P. Lyons, Robert W. Hau (the Company’s former Chief Financial Officer S.D. N.Y.SecuritiesActivefiled Jun 2025Tucker sued v. Apple (Siri AI)Shareholders allege Apple overstated how soon its AI-powered Siri features would arrive.N.D. Cal.SecuritiesActivefiled Mar 2025St. John Family Trust sued v. SoundHound AI, Inc.On March 28, 2025, a class action complaint was filed in the United States District Court for the Northern District of California, captioned Liles v.N.D. Cal.SecuritiesActivefiled Mar 2025Quiero sued v. AppLovin CorporationOn March 5, 2025, Michael Quiero filed the first complaint against the Company, Adam Foroughi, and Matthew Stumpf in the U.S. District Court for the Northern District of California (the "Northern District of California"); on March 24, 2025, Ben Brownback…N.D. Cal.SecuritiesActiveUnverifiedfiled Jan 2025City of Riviera Beach Police Pension Fund sued v. Target CorporationOn January 31, 2025, and February 20, 2025, Target Corporation and members of its Board of Directors were named as defendants in two purported federal securities law class actions filed in the United States District Court for the Middle District of Florida.M.D. Fla.SecuritiesActivefiled Jan 2025Gonsalves sued v. Block, Inc.On January 17, 2025, a putative federal securities class action was filed in the U.S. District Court for the Northern District of California against the Company and certain of its officers alleging violations of Sections 10(b) and 20(a) of the Exchange Act on…N.D. Cal.SecuritiesSettledfiled Jan 2025SEC sued v. Musk (Twitter stake disclosure)The SEC alleged Musk filed late disclosure of his Twitter stake in 2022, letting him buy shares at artificially low prices.$1.5 millionD.D.C.SecuritiesSettledfiled Jan 2025SEC: Robinhood broker-dealer violationsThe SEC found Robinhood broker-dealers violated more than 10 securities law provisions, including trade reporting and short sale rules.$45 millionSECSecuritiesActivefiled Jan 2025Klein sued v. Micron Technology, Inc.On January 9, 2025, a putative class action complaint was filed against Micron and certain individual officers in the U.S. District Court for the Southern District of Florida for alleged violations of the Securities Exchange Act of 1934.S.D. Fla.SecuritiesActiveUnverifiedfiled Nov 2024West Palm Beach Firefighters' Pension Fund sued v. Hasbro, Inc.On November 13, 2024, West Palm Beach Firefighters’ Pension Fund ("Lead Plaintiffs") filed a putative class action lawsuit in the U.S. District Court for the Southern District of New York alleging violations of Sections 10(b) and 20(a) of the Securities and…S.D. N.Y.SecuritiesActivefiled Sep 2024Dolly sued v. GitLab Inc.On September 4, 2024, a putative class action was filed in the United States District Court for the Northern District of California, captioned Dolly v.N.D. Cal.SecuritiesActivefiled Aug 2024Averza sued v. Super Micro ComputerShareholders allege Super Micro misled investors about its financial results and internal controls before its 2024 accounting turmoil.N.D. Cal.SecuritiesDismissedfiled Jul 2024Plymouth County Retirement System sued v. CrowdStrikeInvestors alleged CrowdStrike misled them about its software testing before the July 19, 2024 global outage.W.D. Tex.SecuritiesActivefiled Jul 2024Baxter sued v. MongoDBInvestors allege MongoDB misled them about its sales strategy, growth projections and financial results in 2023 and 2024.S.D. N.Y.SecuritiesActivefiled Jun 2024In re UiPath, Inc. Securities LitigationOn June 20, 2024, a putative class action lawsuit was commenced in the United States District Court for the Southern District of New York against UiPath and select executives asserting claims under Sections 10(b) and 20(a) of the Exchange Act on behalf of a…S.D. N.Y.SecuritiesActivefiled Jun 2024Ostrander sued v. Teradata CorporationOn June 14, 2024, a putative securities class action lawsuit was filed against the Company and certain of its officers in the United States District Court for the Southern District of California (the "Court"), captioned Ostrander v.S.D. Cal.SecuritiesActivefiled Jun 2024In re Fastly, Inc. Derivative LitigationOn June 12, 2024 and July 1, 2024, stockholder derivative complaints were filed in the United States District Court for the Northern District of California against certain of our officers and directors based on substantially similar allegations as those in…N.D. Cal.SecuritiesActivefiled May 2024Kula sued v. Fastly, Inc.On May 24, 2024, a purported securities class action lawsuit was filed in the United States District Court for the Northern District of California, captioned Ken Kula v.N.D. Cal.SecuritiesSettledfiled Mar 2024SEC: Delphia and Global Predictions (AI washing)The SEC's first AI washing cases: two investment advisers claimed to use AI in ways they did not.$400,000SECSecuritiesActivefiled Feb 2024Flannery sued v. Snowflake Inc.On February 29, 2024, a stockholder class action lawsuit was filed against us, our former Chief Executive Officer, and our former Chief Financial Officer in the United States District Court for the Northern District of California, alleging violations under…N.D. Cal.SecuritiesDismissedfiled Nov 2023SEC sued v. Payward (Kraken)The SEC alleged Kraken operated its crypto platform as an unregistered exchange, broker, dealer and clearing agency.N.D. Cal.SecuritiesDismissedfiled Oct 2023SEC sued v. SolarWindsThe SEC charged SolarWinds and its CISO with misleading investors about its cybersecurity before the SUNBURST attack.S.D. N.Y.SecuritiesActivefiled Oct 2023In re Adobe Inc. Securities LitigationSecurities Litigation, Case No. 1:23-cv-09260, was filed in the U.S. District Court for the Southern District of New York (the "Securities Action") naming Adobe and certain of our current and former officers as defendants.S.D. N.Y.SecuritiesOn appealfiled Sep 2023In re UiPath Securities Litigation (2023)Investors allege UiPath misstated its competitive position and financial results in 2021 and 2022.S.D. N.Y.SecuritiesDismissedfiled Jun 2023SEC sued v. CoinbaseThe SEC alleged Coinbase ran an unregistered securities exchange, broker and clearing agency and an unregistered staking program.S.D. N.Y.SecuritiesDismissedfiled Jun 2023SEC sued v. BinanceThe SEC brought 13 charges against Binance, Binance.US and founder Changpeng Zhao, including operating unregistered exchanges.D.D.C.SecuritiesSettledfiled Feb 2023SEC: Kraken staking settlementThe SEC charged Kraken with failing to register the offer and sale of its crypto staking-as-a-service program.$30 millionSECSecuritiesActivefiled Oct 2022Pampena sued v. MuskFormer Twitter shareholders allege Musk made misleading statements in 2022 to push down Twitter's stock during his takeover.N.D. Cal.SecuritiesSettledfiled Sep 2022SEC: Oracle FCPA (Turkey, UAE, India)The SEC found Oracle subsidiaries in Turkey, the UAE and India used slush funds to bribe foreign officials from 2016 to 2019.$23 millionSECSecuritiesActivefiled Sep 2022Cupat sued v. Palantir Technologies Inc.On September 15, 2022, October 25, 2022, and November 4, 2022, putative securities class action complaints were filed in the United States District Court for the District of Colorado, captioned Cupat v.D. Colo.SecuritiesDecidedfiled Aug 2022Slack Technologies sued v. Pirani (Supreme Court)A Slack shareholder sued over its 2019 direct listing; the Court limited suits by buyers who cannot trace their shares, a win for Slack, now owned by Salesforce.US Supreme CourtSecuritiesClosedfiled Jul 2022SEC sued v. Wahi (Coinbase insider trading)The SEC charged a former Coinbase product manager and two others with trading ahead of Coinbase token listing announcements.W.D. Wash.SecuritiesClosedfiled Jul 2022Das sued v. Unity SoftwareInvestors alleged Unity hid problems with its ad platform that hurt its fiscal 2022 guidance.N.D. Cal.SecuritiesSettledfiled May 2022In re Okta Securities LitigationInvestors alleged Okta misled them about its cybersecurity controls and its integration of Auth0.$60 millionN.D. Cal.SecuritiesSettledfiled May 2022SEC: NVIDIA cryptomining disclosuresThe SEC found NVIDIA failed to disclose that crypto mining drove a significant part of its fiscal 2018 gaming GPU growth.$5.5 millionSECSecuritiesActivefiled Mar 2022Plumbers and Steamfitters Local 60 Pension Trust sued v. Meta Platforms, Inc.On March 8, 2022, a putative class action was filed in the U.S. District Court for the Northern District of California against us and certain of our directors and officers alleging violations of securities laws in connection with the disclosure of our…N.D. Cal.SecuritiesActivefiled Mar 2022Reckstin Family Trust sued v. C3.aiShareholders allege C3.ai misled investors about its business and its Baker Hughes relationship around its December 2020 IPO.N.D. Cal.SecuritiesActivefiled Feb 2022Weston sued v. DocuSign, Inc.On February 8, 2022, a putative securities class action was filed in the U.S. District Court for the Northern District of California, captioned Weston v.N.D. Cal.SecuritiesActivefiled Nov 2021Kellie Black sued v. Snap Inc.On November 11, 2021, we, and certain of our officers, were named as defendants in a federal securities class action lawsuit filed in the U.S. District Court for the Central District of California.C.D. Cal.SecuritiesActivefiled Oct 2021Underwood sued v. CoinbaseCustomers allege Coinbase sold unregistered securities by listing crypto tokens.S.D. N.Y.SecuritiesClosedfiled Aug 2021Cheng sued v. Activision BlizzardInvestors alleged Activision hid workplace harassment and discrimination problems that regulators were investigating.C.D. Cal.SecuritiesActivefiled Apr 2021In re January 2021 Short Squeeze Trading LitigationConsolidated suits by investors against Robinhood and other brokers over trading restrictions on GameStop and other meme stocks in January 2021.S.D. Fla.SecuritiesDecidedfiled Dec 2020SEC sued v. Ripple LabsThe SEC alleged Ripple and two executives raised over $1.3 billion through unregistered sales of XRP.$125 millionS.D. N.Y.SecuritiesSettledfiled Dec 2020SEC: Robinhood payment for order flowThe SEC found Robinhood misled customers about payment for order flow and failed to seek best execution.$65 millionSECSecuritiesClosedfiled Aug 2020In re Fastly Securities Litigation (2020)Investors alleged Fastly hid the identity and risk of one of its largest customers in 2020.N.D. Cal.SecuritiesSettledfiled Aug 2020SEC: Super Micro accounting violationsThe SEC found Super Micro recognized revenue too early and understated expenses for at least three years.$17.5 millionSECSecuritiesSettledfiled Apr 2020In re Zoom Video Communications Securities LitigationInvestors alleged Zoom misled them about its data privacy and security measures during the early pandemic boom.N.D. Cal.SecuritiesSettledfiled Jul 2019SEC: Facebook data misuse disclosuresThe SEC charged Facebook with describing user data misuse as a hypothetical risk after Cambridge Analytica had already misused data.$100 millionSECSecuritiesSettledfiled Apr 2019In re Apple Securities Litigation (iPhone China demand)Investors alleged Tim Cook hid weakening iPhone demand in China before Apple cut its revenue forecast in January 2019.$490 millionN.D. Cal.SecuritiesSettledfiled Oct 2018In re Alphabet Securities Litigation (Google+ bug)Shareholders alleged Alphabet concealed a Google+ bug that exposed user profile data.$350 millionN.D. Cal.SecuritiesSettledfiled Sep 2018SEC sued v. Musk (funding secured)The SEC charged Musk with securities fraud over his August 2018 tweets that he had funding secured to take Tesla private.$40 millionS.D. N.Y.SecuritiesSettledfiled Aug 2018In re Oracle Securities Litigation (cloud)A stockholder alleged Oracle misled investors about how it grew its cloud business.N.D. Cal.SecuritiesDecidedfiled Aug 2018In re Tesla Securities Litigation (funding secured)Investors sued over Elon Musk's August 2018 tweet that he had funding secured to take Tesla private at $420 a share.N.D. Cal.SecuritiesDismissedfiled Jun 2018In re Qualcomm/Broadcom Merger Securities LitigationInvestors alleged Qualcomm failed to disclose that it had filed a CFIUS notice during Broadcom's 2018 hostile bid.S.D. Cal.SecuritiesActivefiled Mar 2018In re Facebook Securities Litigation (Cambridge Analytica)Shareholders allege Facebook described data misuse risks as hypothetical after the Cambridge Analytica misuse had already happened.N.D. Cal.SecuritiesSettledfiled Feb 2018Hessefort sued v. Super Micro ComputerInvestors alleged Super Micro misstated revenue recognition, the issue that also led to a 2020 SEC accounting case.$18.25 millionN.D. Cal.