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Tharp v. Acacia Communications, Inc. et al

  1. January 24, 2019

    Acacia Shareholders' Attys End Up With $725K In Fee Fight

    The attorneys who brought a derivative suit against Acacia Communications Inc. and its executives will receive $725,000 in fees and expenses in the litigation after reaching a compromise on the amount with the company, according to a Boston federal court order approving the deal Wednesday.

  2. December 19, 2018

    Mass. Judge To Hear Expert In $1.75M Acacia Atty Fee Fight

    A Boston federal judge said Wednesday he wants to hear from an expert before deciding a dispute over a $1.75 million attorneys' fee proposition from Acacia Communications Inc. shareholders, but approved a settlement between the shareholders and the fiber optics company in their insider trading case.

  3. November 08, 2018

    Acacia Shareholders Seek $1.75M Atty Fees, Final OK Of Deal

    Shareholders for Acacia Communications Inc. have asked a Massachusetts federal judge for $1.75 million in attorneys' fees and final approval of a settlement that will have the fiber optics company improve its corporate governance to address allegations of misconduct by Acacia executives that led to multiple derivative suits.

  4. August 03, 2018

    Acacia Execs Strike Deal To End Derivative Suits

    Executives at Acacia Communications Inc. moved forward on Friday with a settlement to end shareholder derivative suits claiming the leaders of the Massachusetts fiber optics company sat on information about a decline in market share and thousands of defective modules.

  5. June 18, 2018

    Acacia Execs Beat Shareholder Class Action In Mass.

    A federal judge in Massachusetts has dismissed a purported class action against Acacia Communications Inc., finding the company made no misstatements that investors claimed led to a steep stock drop in 2017.

  6. May 02, 2018

    Scott & Scott, Robbins Arroyo Win Lead In Acacia Stock Suit

    Scott & Scott Attorneys at Law LLP and Robbins Arroyo LLP will work side-by-side to lead a shareholder derivative lawsuit filed against the board of directors at Acacia Communications Inc. after stock prices plummeted last year, a Massachusetts federal judge said in an order published Wednesday.

  7. March 28, 2018

    Robbins Arroyo, Rosen Law Bid For Lead In Acacia Stock Suit

    Robbins Arroyo LLP and The Rosen Law Firm PA asked a Massachusetts federal judge on Wednesday to appoint them co-lead counsel, and reject a similar bid by Connecticut-based firm Scott & Scott Attorneys at Law LLP, in consolidating derivative lawsuits over a sudden stock drop against Bay State-based Acacia Communications Inc.

  8. March 13, 2018

    Scott & Scott Make Bid To Lead Acacia Stock Suit

    Pointing to a track record of successful securities litigation and an extensive presuit investigation, New York-based Scott & Scott LLP asked a Massachusetts federal court Tuesday to take the lead in consolidating derivative lawsuits over a sudden stock drop for Bay State-based Acacia Communications Inc.

  9. February 12, 2018

    Acacia Communications Says Stock Drop Was A Surprise

    Acacia Communications Inc. on Friday asked a Massachusetts federal judge to toss a proposed shareholder class action over poor second-quarter results in 2017, arguing its optimistic outlook was soured by an unexpected drop in market demand and that a contractor's manufacture of defective products had nothing to do with the company's stock tumble.

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