According to the law firm press release, Montage Technology Group Limited ("Montage" or the Company) provides analog and mixed-signal semiconductor solutions. The Company specializes in analog and radio frequency solutions, digital signal processors and high speed interfaces.

The Complaint brings forth claims for violations of the Securities Exchange Act of 1934 and alleges that Montage issued materially false and misleading statements about its true financial condition by overstating revenue and earnings. On February 6, 2014, Gravity Research Group issued a report asserting, among others things, that Montage's largest distributor is a shell company used to fabricate the Company's financial results, and that the Company's largest customer is an undisclosed related party. The lawsuit claims that this adverse information caused the price of Montage securities to drop, damaging investors.

On April 24, 2014, this case was transferred to the Northern District of California.

On May 23, 2014, the Court issued an Order appointing lead Plaintiff and approving the selection of lead Counsel. Lead Plaintiff filed a consolidated and amended Complaint on July 22.

On January 29, 2015, Pursuant to Civil Local Rule 7-1(b), the Court determined that this matter was appropriate for resolution without oral argument and VACATED the hearing. Subsequently, the Court DENIED the Defendants' motion to dismiss.

On April 21, 2016, the Court granted the Motion for Class Certification.

On July 10, 2017, the Parties entered into a Stipulation of Settlement. The Court issued an order preliminarily approving Settlement on August 25. On December 15, the Court entered Final Judgment. The Court issued an Order for Attorneys' Fees and Expenses on January 3, 2018. On September 18, the Court issued an Order granting Class Representatives' Motion for disbursement of Class Settlement funds.