Proposed Settlement Announcement by Robbins Geller Rudman & Dowd LLP
Robbins Geller Rudman & Dowd LLP has announced a proposed settlement in the VMware Securities Litigation. If you purchased VMware, Inc. (now known as VMware LLC) Class A Common Stock between August 24, 2018, and February 27, 2020, you could be eligible to receive a payment from this class action settlement.
Here’s what you need to know:
– The proposed Settlement amount is $102,500,000.00 in cash.
– A hearing is scheduled for March 31, 2025, at 9:00 a.m. before the Honorable Edward J. Davila at the United States District Court in San Jose, California.
– The purpose of the hearing is to determine if the proposed Settlement is fair, reasonable, and adequate, if the Plan of Allocation for distributing the Settlement proceeds is fair, and if Lead Counsel’s application for attorneys’ fees and expenses should be approved.
If you are a member of the class as defined in the Stipulation of Settlement, please read this notice carefully as your rights may be affected by this class action lawsuit. Stay informed and consider attending the hearing to be a part of the process.