Sunday, November 27, 2022 | Back issues
Courthouse News Service Courthouse News Service

Shareholder Class Action

REDWOOD CITY, Calif. — Pure Storage (flash memory devices) and its directors and underwriters used misrepresentations to raise $488 million in its IPO at $17 a share and the price fell to $12 when the truth came out, shareholders say in a class action in San Mateo County Court.

Read the Top 8

Sign up for the Top 8, a roundup of the day's top stories delivered directly to your inbox Monday through Friday.

Loading
Loading...