Adobe Inc.

Passed

Class Action Period:
July 23, 2021 - September 15, 2022

Lead Plaintiff Deadline:
December 19, 2023

Case Form

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Allegations

The filed complaint alleges that Adobe Inc. made materially false and/or misleading statements and/or failed to disclose that:

(a) Figma was growing its market share and was becoming a leader in user experience design; (b) Figma was in direct competition with Adobe on user experience design; (c) Adobe’s product “Express” was not an effective counter to Figma’s growing market share in bringing new customers to Adobe’s paid offerings; (d) Adobe’s other offerings were not succeeding in competing with Figma on user experience design; and (e) Adobe was losing market share to Figma.

Eligibility

In order to be included in the lawsuit, you must have incurred a loss on shares of Adobe purchased during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in Adobe during the relevant time frame, you have until December 19, 2023 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.