Novatel Wireless defends shareholder class action and shareholder derivative actions regarding misrepresentations concerning their financial results
Client(s) Novatel Wireless, Inc.
Jones Day represents Novatel Wireless, Inc. and certain of its officers and directors in shareholder class and derivative actions alleging that Novatel made misrepresentations concerning their financial results and the status and scope of the Company's internal investigation. The derivative action has been settled.
Backe v. Novatel Wireless, Inc., et al., No. 08-CV-1689 H (S.D. Cal.); Harms v. Novatel Wireless, Inc., et al., No. 08-CV-1714 H (S.D. Cal.); Rosenbaum v. Leparulo, et al., No. 37-2008-93576 (S.D. Sup. Ct.); Campos v. Leparulo, et al., No. 37-2008-94287 (S.D. Sup. Ct.)