Allaire Corporation settlements

The Allaire Corporation securities class action settlement resolved claims on behalf of investors who purchased Allaire common stock (Nasdaq: ALLR) between December 7, 1999 and September 18, 2000. The settlement established a fund of $12,026,000 plus interest for eligible shareholders. The claim deadline has passed, but verified details of this resolved case are maintained here for reference.

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Allaire Corporation

Allaire Corporation, the web-software maker later absorbed into Macromedia, was sued by investors who said the company misled them about its business, and the case ended in a $12,026,000 settlement, plus interest, for people who bought its stock. The class covered purchases made between December 7, 1999 and September 18, 2000. The claim-filing deadline passed in December 2003, and the case is closed.

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