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J2 Global, Inc.

Case Details

Class Period: October 5, 2015 - June 29, 2020
Date Filed: July 08, 2020
Case Number: 2:20cv06096
Jurisdiction: California Central District Court
Days Left to
Seek Plaintiff:
25

Case Summary

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) J2 Global engaged in undisclosed related party transactions; (2) J2 Global used misleading accounting to hide requisite impairments and underperformance in acquisitions; (3) several so-called independent members of the Company’s board of directors and audit committee were not disinterested; and (4) as a result, defendants’ public statements were materially false and/or misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

Documents
Complaint