Welcome to the website for In re Twitter, Inc. Securities Litigation

The purpose of this website is to inform you of a class action settlement and agreement in the United States District Court for the Northern District of California (the “Court”) under the above caption (the “Litigation”) against Twitter, Inc. (“Twitter” or the “Company”) and Individual Defendants Richard Costolo and Anthony Noto (collectively, “Defendants”). The purpose of the Notice is to inform you of the existence of the Settlement and the Agreement, that the Settlement is a class settlement, how you might be affected, and how to object if you wish to do so. It is also to inform you of the terms of the proposed Settlement and the Agreement, and of a hearing to be held by the Court to consider the fairness, reasonableness, and adequacy of the Settlement and the Agreement, the proposed Plan of Allocation, and the motion by Class Counsel for an award of attorneys’ fees and litigation expenses.

Class Representatives, on behalf of the Class, have reached a proposed settlement with Twitter of the Litigation for $809,500,000 in cash (the “Settlement”). If approved, the Settlement and the Agreement will finally resolve all claims in the Litigation. Class Members include all persons and entities that, during the period from February 6, 2015, through July 28, 2015, inclusive, purchased or otherwise acquired shares of the publicly traded common stock of Twitter and were damaged thereby (the “Class”), subject to certain exclusions.

The Frequently Asked Questions page of this website has more information on your rights as a Class Member in this Litigation.


Your Legal Rights and Options in This Litigation
Submit a Claim Form Online or by Mail So That It Is Postmarked or Submitted Online No Later than November 23, 2022 This is the only way to be eligible to receive a payment from the Settlement Fund. If you are a Class Member and you remain in the Class, you will be bound by the Settlement as approved by the Court and you will give up any Released Claims that you have against Defendants and the other Released Defendant Parties, so it is in your interest to submit a Claim Form.
Exclusion from the Class Must Have Been Submitted to the Court No Later than May 23, 2019 On July 17, 2018, the Court certified the Class in this case. On April 2, 2019, the Court-ordered notice was disseminated to potential Class Members. That notice required Class Members seeking exclusion to make a formal request to the Court postmarked or submitted online no later than May 23, 2019. There is no further opportunity to exclude yourself from this Settlement.
Object to the Settlement and the Agreement by Submitting a Written Objection So That It Is Filed or Postmarked No Later than October 27, 2022 If you do not like the proposed Settlement, the Agreement, the proposed Plan of Allocation, or the request for attorneys’ fees and litigation expenses, you may write to the Court and explain why you do not like them. You cannot object to the Settlement, the Agreement, the Plan of Allocation, or the fee and expense request unless you are a Class Member. The deadline to seek exclusion from the Class passed on May 23, 2019.
Go to the Virtual Settlement Hearing on November 17, 2022, at 2:00 p.m. PST, and File a Notice of Intention to Appear So That It Is Filed or Postmarked No Later than October 27, 2022

Filing a written objection and notice of intention to appear by October 27, 2022, allows you to speak in Court, at the discretion of the Court, about the fairness of the proposed Settlement and the Agreement, the Plan of Allocation, and/or the request for attorneys’ fees and litigation expenses. If you submit a written objection, you may (but you do not have to) attend the hearing and, at the discretion of the Court, speak to the Court about your objection.

To access the Virtual Settlement Hearing, please click here.
Do Nothing If you are a member of the Class and you do not submit a valid Claim Form, you will not be eligible to receive any payment from the Settlement Fund. You will, however, remain a member of the Class, which means that you give up your right to sue about the claims that are resolved by the Settlement and the Agreement and you will be bound by any judgments or orders entered by the Court in the Litigation.

Current Status The Court has preliminarily approved a settlement between the two sides.

Important Dates
  • February 6, 2015 - July 28, 2015
    Class Period
  • May 23, 2019
    Deadline to Exclude yourself from the Class
  • November 23, 2022
    Deadline to Submit a Claim Form
  • October 27, 2022
    Deadline to Submit a Written Objection

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