Lite DePalma Greenberg Afanador is pleased to announce that a $35.75 million settlement of a nationwide securities fraud class action was granted final approval. The case was pending in the United States District Court for the Central District of California. Lite DePalma Greenberg Afanador and Labaton Sucharow are the co-lead counsel for plaintiffs. The settlement covers all persons that, between June 16, 2009 and February 23, 2010, inclusive, purchased or otherwise acquired the publicly traded common stock of STEC, Inc. and were damaged thereby.
