Forescout Technologies, Inc. Securities Litigation
On or around 01/02/2020 (Date of last review)
Filing Date: January 02, 2020
According to the Complaint, Forescout Technologies, Inc. provides network security products in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan, selling its products and services through distributors and resellers.
The Complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company’s business, operational and compliance policies. Specifically, the Complaint alleges Defendants made false and/or misleading statements and/or failed to disclose that: (i) Forescout was experiencing significant volatility with respect to large deals and issues related to the timing and execution of deals in the Company’s pipeline, especially in Europe, the Middle East, and Africa (“EMEA”); (ii) the foregoing was reasonably likely to have a material negative impact on the Company’s financial results; and (iii) as a result, the Company’s public statements were materially false and misleading at all relevant times.
Company & Securities Information
Defendant: Forescout Technologies, Inc.
Industry: Software & Programming
Headquarters: United States
Ticker Symbol: FSCT
Company Market: NASDAQ
Market Status: Public (Listed)
About the Company & Securities Data
"Company" information provides the industry and sector classification and headquarters state for the primary company-defendant in the litigation. In general, "Securities" information provides the ticker symbol, market, and market status for the underlying securities at issue in the litigation.
In most cases, the primary company-defendant actually issued the securities that are the subject of the litigation, and the securities information and company information relate to the same entity. In a small subset of cases, however, the primary company-defendant is not the issuer (for example, cases against third party brokers/dealers), and the securities information and company information do not relate to the same entity.
First Identified Complaint
Christopher L. Sayce, et al. v. Forescout Technologies, Inc., et al.
COURT: N.D. California
DOCKET #: 20-CV-00076
JUDGE: Hon. Susan Illston
DATE FILED: 01/02/2020
CLASS PERIOD START: 02/07/2019
CLASS PERIOD END: 10/09/2019
PLAINTIFF FIRMS NAMED IN COMPLAINT:
Holzer & Holzer LLC
First Identified Complaint (FIC) Filings:
Class Action Complaint for Violations of the Federal Securities Laws
U.S. District Court Civil Docket
—Reference Complaint Complaint Related Data is not available
Related District Court Filings
—Related District Court Filings Data is not available