Saxena White Settles Knight Capital Group, Inc.

Saxena White P.A. served as Lead Counsel in a securities fraud class action asserting violations of the federal securities laws against Knight Capital Group, Inc. On December 20, 2013, Plaintiffs filed a Second Amended Complaint.  On February 18, 2014, Defendants filed their motion to dismiss the Second Amended Complaint, along with documentation in support thereof.  On April 21, 2014, Plaintiffs filed a memorandum of law in opposition to Defendants’ motion, and on June 5, 2014, Defendants filed their reply brief in further support of their motion.

After litigating this case for almost two years, Plaintiffs negotiated a $13 million settlement – an outstanding result for the class. The deadline to file a proof of claim is June 29, 2015.