About Us

Laser Focus World is an industry bedrock—first published in 1965 and still going strong. We publish original articles about cutting-edge advances in lasers, optics, photonics, sensors, and quantum technologies, as well as test and measurement, and the shift currently underway to usher in the photonic integrated circuits, optical interconnects, and copackaged electronics and photonics to deliver the speed and efficiency essential for data centers of the future.

Our 80,000 qualified print subscribers—and 130,000 12-month engaged online audience—trust us to dive in and provide original journalism you won’t find elsewhere covering key emerging areas such as laser-driven inertial confinement fusion, lasers in space, integrated photonics, chipscale lasers, LiDAR, metasurfaces, high-energy laser weaponry, photonic crystals, and quantum computing/sensors/communications. We cover the innovations driving these markets.

Laser Focus World is part of Endeavor Business Media, a division of EndeavorB2B.

Laser Focus World Membership

Never miss any articles, videos, podcasts, or webinars by signing up for membership access to Laser Focus World online. You can manage your preferences all in one place—and provide our editorial team with your valued feedback.

Magazine Subscription

Can you subscribe to receive our print issue for free? Yes, you sure can!

Newsletter Subscription

A Laser Focus World newsletter subscription is free to qualified professionals:

The Daily Beam

Showcases the newest content from Laser Focus World, including photonics- and optics-based applications, components, research, and trends. (Daily)

Product Watch

The latest in products within the photonics industry. (9x per year)

Bio & Life Sciences Product Watch

The latest in products within the biophotonics industry. (4x per year)

Laser Processing Product Watch

The latest in products within the laser processing industry. (3x per year)

Get Published!

If you’d like to write an article for us, reach out with a short pitch to Sally Cole Johnson: [email protected]. We love to hear from you.

Photonics Hot List

Laser Focus World produces a video newscast that gives a peek into what’s happening in the world of photonics.

Following the Photons: A Photonics Podcast

Following the Photons: A Photonics Podcast dives deep into the fascinating world of photonics. Our weekly episodes feature interviews and discussions with industry and research experts, providing valuable perspectives on the issues, technologies, and trends shaping the photonics community.

Social Media

Bluesky • Facebook • Instagram • LinkedIn • YouTube

Meet the Laser Focus World Team

Editorial

Sales

Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology
My Watchlist
Indicators
Industrial Laser Index
Markets
Stocks
ETFs
Tools
Markets:
Overview
News
Currencies
International
Treasuries

On the Eve of Jury Trial, Twitter Pays $809 million in Securities Fraud Case Prosecuted by Robbins Geller

By: via Business Wire

On the eve of a federal jury trial in Oakland, Robbins Geller Rudman & Dowd LLP and co-counsel obtained a record-breaking $809,500,000 settlement against Twitter, Inc. in a securities fraud class action. Plaintiffs National Elevator Industry Pension Fund, represented by Robbins Geller, and KBC Asset Management NV, represented by co-lead counsel, Motley Rice LLC, led the class action case.

The proposed settlement remains subject to court approval. If approved by the court, the proposed settlement would represent the largest securities fraud class action recovery in the last 20 years in the Ninth Circuit and the second-largest ever in that Circuit. Judge Jon S. Tigar, United States District Judge, of the U.S. District Court for the Northern District of California, is presiding over the case.

The case involved allegations that Twitter committed securities fraud by concealing stagnant user growth and declining user engagement from investors, causing its stock to trade at artificially inflated levels. The suit alleged that, when the truth was revealed, Twitter’s stock price dropped by 20%. No party has admitted wrongdoing or liability as part of this settlement.

Plaintiffs KBC Asset Management NV and National Elevator Industry Pension Fund brought this action to recover their investment losses and losses for the class of shareholders who purchased Twitter’s stock between February 6, 2015 and July 28, 2015.

“The bottom line is whether you have a track record of trying complex securities fraud trials or not – that’s what enabled us to maximize the recovery for our clients and the class here,” said Daniel Drosman, who serves as lead counsel for Robbins Geller.

In the past year, Robbins Geller has secured over $1.5 billion for consumers and investors in cases involving large technology companies, including the largest privacy class action settlement against Facebook ($650 million), arising out of allegations that the use of the social network’s facial recognition technology to extract and store users’ biometric identifiers was without the consent required by Illinois privacy laws.

Additionally, Robbins Geller is currently prosecuting a shareholder challenge against Tesla founder Elon Musk regarding Tesla’s acquisition of SolarCity, and a securities class action against Google’s parent company Alphabet, Inc., where the Ninth Circuit U.S. Court of Appeals recently overturned the company’s request to dismiss the case.

“The jury trial is a great equalizer, even for some of the most powerful entities on the planet. It levels the playing field and sets the stage for accountability,” said Tor Gronborg, a partner at Robbins Geller who serves as a lead attorney on the trial team.

Robbins Geller has tried several securities cases to a jury verdict in recent years, including a verdict after a six-week trial against Household International, Inc., which resulted in more than $1.5 billion recovered for investors. The Firm has secured many of the nation’s largest investor fraud settlements, including the recent $1.2 billion recovery against Valeant Pharmaceuticals International, Inc., and $1 billion recovery in American Realty Capital Properties, Inc., which also resolved on the eve of trial.

Daniel Drosman, Tor Gronborg, Luke Olts, Maureen Mueller, J. Marco Janoski Gray, Heather Schlesier, and Christopher Kinnon litigated the case for Robbins Geller, along with co-counsel, Lance Oliver from Motley Rice. Forensic Accountant Terry Koelbl also assisted in the prosecution of the case.

For more information, please email us at media@rgrdlaw.com or call us at (619) 338-3821.

Contacts

More News

View More
These 3 Mega-Cap Giants Just Increased Dividends by 7% or More
Via MarketBeat
Tickers AAPL BTI JPM MO MSFT PM
3 Quantum Computing ETFs to Know—And Why 2 Don't Hold D-Wave
Via MarketBeat
Topics ETFs
Tickers ARQQ IONQ PTF QBTS QTUM RGTI
Forget Tariffs, Landstar and West Fraser Can Still Rally
Via MarketBeat
Topics World Trade
Tickers LSTR WFG
Is Super Micro Next in Line for a Big AI Takeover?
Via MarketBeat
Topics Artificial Intelligence
Tickers INTC NVDA SMCI
Tesla: 3 Reasons October’s Earnings Will Make or Break the Stock
Via MarketBeat
Tickers TSLA
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.