The Audience class action lawsuit that our firm filed on behalf of persons who purchased Audience stock traceable to the Company's May 9, 2012 IPO has settled for $6.05 million. In general, you may have a claim if your purchased Audience stock between May 9, 2012 and September 13, 2012.
We filed a motion for preliminary approval of the settlement with the Hon. Peter Kirwan, Chair of the Complex Litigation Department of the Santa Clara, California Superior Court, on October 19, 2015.
We will provide more information on filing claims as it becomes available. A copy of the Stipulation of Settlement is contained below.