Investors can proceed as a class on allegations National Instruments Corp. engaged in insider trading and violated securities laws by not disclosing offers to buy the company.
The plaintiffs showed common questions of law or fact predominate for class members, and the investors can attempt to demonstrate damages on a classwide basis, Judge Denise L. Cote of the US District Court for the Southern District of New York said in a Sept. 19 order.
The order said the class is all people that sold National Instruments common stock between Aug. 12, 2022, and Aug. 30, 2022, and/or between Sept. 12, ...
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