| COMPANY |
Tableau Software, Inc. |
| COURT |
United States District Court for The Southern District of New York |
| CASE NUMBER |
17-cv-05753 |
| JUDGE |
The Honorable John G. Koeltl |
| CLASS PERIOD |
February 5, 2015 - February 4, 2016 |
| SECURITY TYPE |
Common Stock |
Case Background:
On July 28, 2017, the initial complaint in this securities class action was filed against Tableau Software, Inc. (“Tableau”), and certain of Tableau’s directors, officers and underwriters, asserting violations of Sections 10(b) and 20(a) of the Securities Exchange Act. This is a federal securities class action brought on behalf of all persons and entities that purchased or otherwise acquired shares of Tableau Class A common stock between February 5, 2015 and February 4, 2016, (the “Class Period”) both dates inclusive, and were damaged thereby.
The complaint alleges that throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that: (1) product launches and upgrades by major software competitors were negatively impacting Tableau’s competitive position and profitability; and (2) as a result of the foregoing, Tableau’s financial statements were materially false and misleading at all relevant times.
Current Status of Case:
On April 16, 2021 the Parties filed a Stipulation of Settlement, settling the case for $95,000,000.00. On September 17, 2021, the Settlement was approved by the Court and Final Judgment was entered. This action has concluded.
The deadline to file a claim is August 24, 2021. If you have any questions or need further information about this settlement, you may go to the following website, http://www.tableausecuritieslitigation.com/, or you can contact the claims administrator, Gilardi & Co. at 1-888-788-4733.
If you wish to discuss this action or have any questions concerning this notice or your rights or interests with respect to these matters, please contact Kessler Topaz Meltzer & Check, LLP: Jon Naji, Esq. (484) 270-1453; or via e-mail at info@ktmc.com. If you would like additional information about the suit, please click on the link "Submit Your Information" above and fill out the form as promptly as possible.