In the News

Brocade, Ruckus Shake Shareholder Suit Over $1.2B Deal, Law360

Friday, June 30, 2017

A California federal judge tossed out a proposed shareholder class action alleging securities fraud against Brocade Communications over its acquisition of Ruckus Wireless Inc., valued at about $1.2 billion, saying the shareholder plaintiffs repeatedly failed to show how the companies misled them in financial statements over the offer.

Brocade Communications Systems Inc. and Ruckus Wireless Inc. are represented by a Morgan Lewis team.

Read the full story >>