Lightspeed Commerce Vindicated as Full Dismissal of U.S. Securities Class Action Announced [Yahoo! Finance]
Lightspeed Commerce Inc. Subordinate Voting Shares (LSPD)
Company Research
Source: Yahoo! Finance
empowering merchants to provide the best omnichannel experiences, today announced the United States District Court for the Eastern District of New York has dismissed in full the securities class action lawsuit against the Company and certain of its executives. The decision marks a clear and decisive victory for Lightspeed, stating that the allegations had no adequate legal basis. Lightspeed Commerce Inc. Logo (CNW Group/Lightspeed Commerce Inc.) The lawsuit, which stemmed from allegations largely based on a short-seller report published by Spruce Point Capital Management in September 2021 that contained numerous inaccuracies and mischaracterizations, was found to lack merit. The Court ruled that the plaintiff failed to allege any actionable
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News
- Lightspeed Commerce Appoints Manon Brouillette as Executive Chair of its Board of Directors [Yahoo! Finance]Yahoo! Finance
- Lightspeed Commerce Appoints Manon Brouillette as Executive Chair of its Board of Directors [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Lightspeed Commerce Appoints Manon Brouillette as Executive Chair of its Board of Directors [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Lightspeed Commerce Appoints Manon Brouillette as Executive Chair of its Board of DirectorsPR Newswire
- Lightspeed Commerce Vindicated as Full Dismissal of U.S. Securities Class Action AnnouncedPR Newswire
LSPD
Sec Filings
- 3/7/25 - Form SCHEDULE
- 3/6/25 - Form 6-K
- 3/4/25 - Form 6-K
- LSPD's page on the SEC website