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VMW.US
id: 1331
VMware (VMW) Investor Settlement
The process of distributing settlement funds to claimants has started.
$102,500,000
Cash SettlementN.D. California
Court5:20-cv-02182
Case number08/24/2018
Class period Start02/27/2020
Class period End03/17/2025
Claim deadlineVMware reached a settlement with $VMW investors over claims that it misled them about unfilled orders, violating regulations and risking investigation.
Case Type
US Securities Class Action
Case Status
Disbursement
Alleged Offence
Mismanagement,
Misleading Statements,
Omissions
Suspected Party
Directors,
Management
Security Type
Stocks
Trade Direction
Long
Payout per Share
1.87
Filing date
03/31/2020
Plaintiffs
Northeast Carpenters Pension Fund
Attorneys
Pomerantz LLP (Los Angeles, CA), The Schall Law Firm (Los Angeles, CA)
Defendants
Patrick P. Gelsinger, Zane Rowe
Judge
Hon. Edward J. Davila
Administrator
Gilardi & Co LLC
Court hearing date
03/31/2025
Exclusion deadline
03/10/2025
Objection deadline
03/10/2025
Attorney fee
$26,574,999
Trades matching type
FIFO
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