In re VeriSign, Inc. Securities Litigation

Adam Troy Savett

Case Conclusion Date:December 18, 2006

Practice Area:Securities / Investment Fraud

Outcome:$78 million settlement

Description:Plaintiffs asserted that defendants knew VeriSign would not be able to generate the amount of revenue it led the market to expect and alleged that the defendants engaged in various accounting improprieties that caused VeriSign to report materially inflated financial results.