In re Finisar Corp. Secs. Litig.

BVLaw
Full Text of Court Cases
December 5, 2017
5063 Electrical Apparatus and Equipment Wiring Supplies, and Construction Materials
423610 Electrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant Wholesalers
securities litigation
expert testimony, event study, class action, securities fraud, stock value

In re Finisar Corp. Secs. Litig.
2017 U.S. Dist. LEXIS 201150
US
Federal Court
California
United States District Court
Michael L. Hartzmark, Ph.D. (plaintiff); Dr. Alexander Aganin, Ph.D. (defendants)
Davila

Summary

Court denies class certification in securities fraud case, finding defense financial expert is able to rebut presumption of reliance by way of event study that shows defendant’s alleged misrepresentation had no significant impact on company’s stock price.
In re Finisar Corp. Secs. Litig.
PDF, Size: 268 KB

See Also

Defense Event Study Rebuts Plaintiff’s Price Impact Claim

Court denies class certification in securities fraud case, finding defense financial expert is able to rebut presumption of reliance by way of event study that shows defendant’s alleged misrepresentation had no significant impact on company’s stock price.