NEW YORK, July 11 — The Rosen Law Firm has a track record of recovering billions of dollars for investors through settlements and judgments. The bottom line for shareholders in the Microsoft case: the Rosen Law Firm announced July 10 that investors now have an opportunity to lead the lawsuit. The firm, founded by Laurence Rosen, is a prominent plaintiff-side practice based in New York City that specializes in securities class actions and shareholder derivative lawsuits.
By the numbers, the firm’s caseload includes high-profile actions against Tesla, Apple, and Facebook. The firm represents investors in cases against publicly traded companies for alleged fraud, misrepresentation, or other violations of securities laws.
The Microsoft lawsuit is the latest addition to that docket. Investors will note that the Rosen Law Firm operates under the Private Securities Litigation Reform Act of 1995, which governs federal securities class actions. The firm’s announcement typically sets a deadline for lead plaintiff motions, usually 60 days from the date of the notice, though the firm did not specify that deadline in its July 10 statement.
The firm has offices in New York, Los Angeles, and other major cities. Laurence Rosen, the founding partner, has practiced securities law for decades and is recognized as a leading attorney in the field.
Track record and scope
The Rosen Law Firm has a track record of recovering billions of dollars for investors through settlements and judgments. The firm’s involvement in the Microsoft case signals the lawsuit is likely a federal securities class action under the 1995 reform act. For investors watching the Microsoft litigation, the key date will be the lead plaintiff deadline, which the firm has not yet specified in its public announcement.
Investors who purchased Microsoft securities during the relevant period should monitor the firm’s filings for that deadline. The firm’s history with major technology companies suggests this case could draw significant attention from institutional investors and pension funds that hold Microsoft shares.
The Rosen Law Firm has pursued similar actions against other tech giants, alleging securities law violations related to business practices and disclosures.
What to watch next
The lead plaintiff motion deadline will determine which investor or group of investors takes the primary role in directing the litigation. Under the Private Securities Litigation Reform Act, the court typically appoints the investor with the largest financial interest as lead plaintiff, provided that investor meets certain legal requirements. Investors should watch for the firm to announce the specific deadline in coming days. The Rosen Law Firm’s announcement on July 10 opened the window for investors to come forward, but the firm has not yet published the formal notice with the 60-day countdown.
Sources
- Securities Class Actions | Rosen Law
- Securities Fraud Attorneys — Billions Recovered for Investors | Rosen…
