$50 Million SanDisk Settlement Deadline: September 12, 2019

SanDisk Settles Suit Related to Fusion-io Acquisiton for 50 Million

Case name: SanDisk LLC Securities Litigation

Settlement fund: $50,000,000

Claim filing deadline: 9/12/2019

Class period: 10/16/2014 – 4/15/2015

Definition of class from settlement notice: “If you purchased or otherwise acquired the publicly traded common stock of SanDisk Corp. during the period from October 16, 2014, through April 15, 2015, a class action settlement may affect your rights.”

Eligible securities in brief: Common stock purchased or otherwise acquired

Fairness Hearing: 9/26/2019

Exclusion Deadline: 9/5/2019

Objection Deadline: 9/5/2019

What this case is about: Plaintiffs allege that defendants made materially false and misleading statements about the condition SanDisk’s enterprise business, including the acquisition of Fusion-io. Plaintiff’s further allege that the false and misleading statements and omissions artificially inflated the price of SanDisk’s common stock and that, when SanDisk later disclosed that the enterprise business was not performing as strongly as previously touted, SanDisk’s stock price dropped.

How Chicago Clearing Can Help: With the claim filing deadline only a week away, our team is now finalizing submissions for hundreds of clients and for thousands of individual accounts.  Give us a call today at 312-204-6970 and we will help you recover every dollar you are owed.

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