April 24, 2024. Parties in the Pegasystems securities matter (District of Massachusetts) agreed to settle for $35 million. Plaintiffs alleged that Pegasystems had engaged in corporate espionage and misused a competitor’s trade secrets. Professor Steven Feinstein of Babson College and Crowninshield Financial Research provided expert reports on market efficiency and consulted on the plan of allocation.

Read more on this case at Stanford Securities Class Action Clearinghouse.