Step 1
Draft
Step 2
Unite with Fellow Investors
Step 3
Choose the Best Attorney
Step 4
Provide Documents
Step 5
Follow Case Progress
Step 6
Get Payout
FSCT.US
id: 1628
Forescout Technologies ($FSCT) Investor Settlement
Late claims are being considered for compensation, subject to approval.
$45,000,000
Cash SettlementN.D. California
Court3:20-cv-00076
Case number05/10/2019
Class period Start05/15/2020
Class period End12/01/2025
Claim deadlineForescout Technologies has reached a settlement with $FSCT investors over claims that it misled the market about the strength of its sales pipeline and the likelihood of closing key deals ahead of its planned acquisition.
Case Type
US Securities Class Action
Case Status
Accepting Late Claims
Alleged Offence
Mismanagement,
Misleading Statements,
Financial Misrepresentation,
Fraud,
Failure to Disclose
Suspected Party
Directors,
Management
Security Type
Stocks
Trade Direction
Long
Payout per Share
1.18
Filing date
01/02/2020
Plaintiffs
Plymouth County Retirement Association
Attorneys
Bernstein Litowitz Berger & Grossmann LLP; Block & Leviton LLP
Defendants
Michael DeCesare; Christopher Harms
Administrator
EPIQ
Court hearing date
12/05/2025
Objection deadline
11/14/2025
Attorney fee
$15,500,000
Trades matching type
FIFO
Frequently Asked Questions
Who is eligible for this settlement?
Do I have to sell securities to be eligible?
How long does the payout process take?
How to get your payout?
What is 11th.com?
Trusted by industry leaders
Endorsed by top professionals who trust our innovative solutions to drive impactful results.