Dec. 8, 2025
Forescout investors secure $45M settlement after lengthy litigation
A federal judge approved a $45 million settlement resolving claims that Forescout misled investors about profitability and an acquisition, ending five years of litigation after extensive discovery and appellate revival. The settlement notes that Forescout denies all the claims.
A federal judge granted final approval of a $45 million securities class action settlement against cybersecurity company Forescout Technologies, which was accused of misleading shareholders over its profitability and a proposed acquisition by a private equity firm.
U.S. District Judge Susan Illston's approval came at a hearing Friday after more than five years of litigation that spanned multiple courts and included dozens of depositions and extensive international discovery. <...
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