5 FREQUENTLY ASKED QUESTIONS ABOUT THE CLASS ACTION AGAINST ABODE

​If you suffered losses in Adobe stock, contact Adobe stock loss lawyer Timothy L. Miles about an Adobe class action lawsuit

INTRODUCTION TO THE class action against abode

The class action lawsuit against Adobe seeks to represent purchasers or acquirers of Adobe Inc. (NASDAQ: ADBE) common stock between July 23, 2021 and September 15, 2022, inclusive (the “Class Period”).  Captioned Pembroke Pines Firefighters & Police Officers Pension Fund v. Adobe Inc., No. 23-cv-09260 (S.D.N.Y.), the class action lawsuit against Adobe charges Adobe and certain of its top current and former executive officers with violations of the Securities Exchange Act of 1934.
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If you suffered losses in Adobe stock and wish to serve as lead plaintiff in the class action lawsuit against Adobe, please contact Adobe Stock Loss Lawyer Timothy L. Miles by calling 855/846-6529 or via e-mail at [email protected] or by submitting a contact form. Lead plaintiff motions for the Adobe​ class action lawsuit must be filed with the court no later than December 19, 2023.

​Read on to answers to five frequently asked questions in the class action lawsuit against Adobe. 

CAN I BE APPOINTED LEAD PLAINTIFF IN THE CLASS ACTION AGAINST ADOBE IF I PURCHASED SHARES OUTSIDE OF THE CLASS PERIOD?

​No.  Even if you suffered losses in Adobe stock, if you purchased securities outside of the Class period, you will not be able to participate in the  class action lawsuit against Adobe. ​

CAN I BE LEAD PLAINTIFF IN THE class action against adobe IF I AM LEAD PLAINTIFF IN ANOTHER CASE?

​​Yes, unless you have been a lead plaintiff in more than five securities class actions during any three-year period which is expressly prohibited by the securities laws. Otherwise, if you suffered losses in Adobe stock, you may move to be appointed lead plaintiff in the class action lawsuit against Adobe.

WILL THE LEAD PLAINTIFFS GET MORE MONEY THAN CLASS MEMBERS IF THE ADOBE CLASS ACTION LAWSUIT?

​No, but they may be entitled to recover their reasonable expenses incurred with are directly related to representing the class in the Adobe​ class action lawsuit. Under the Private Securities Litigation Reform Act of 1995, a Lead Plaintiff is only entitled to his or her pro rata share of any recovery and does not receive any additional money for serving as a representative party on behalf of the class.  However, a court, in its discretion, may approve an award of “reasonable costs and expenses (including lost wages)” to a Lead Plaintiff that directly relates to the representation of the class in the Adobe​ class action lawsuit on behalf of investors who suffered losses in Adobe​​ stock. 

CAN THE COURT APPOINT MORE THAN ONE LEAD PLAINTIFF IN THE ADOBE CLASS ACTION LAWSUIT?

​​Yes, at its discretion the Court may appoint a person, entity, or group of persons and/or entities as Lead Plaintiffs to oversee the Adobe​ class action lawsuit.

HOW DO I KNOW IF I AM A MEMBER OF THE CLASS IN THE ADOBE CLASS ACTION LAWSUIT?

​​If you purchased shares during the class period and suffered losses in Adobe stock, then you are most likely a member of the class in the class action lawsuit against Adobe and may participate in the class action lawsuit against Adobe since you suffered losses in Adobe​ stock.

CONTACT AN ADOBE STOCK LOSS LAWYER TODAY IF YOU SUFFERED LOSSES IN ADOBE STOCK ABOUT A ADOBE CLASS ACTION LAWSUIT

​If you suffered losses in Adobe stock, contact Adobe stock loss lawyer Timothy L. Miles today for a free case evaluation about an Adobe​ class action lawsuit. Call today and see what an Adobe stock loss lawyer could do for you if you suffered losses in Adobe​​ stock.

Adobe stock loss lawyer Timothy L. Miles

Nashville attorney Timothy L. Miles is a nationally recognized shareholder rights attorney raised in Nashville, Tennessee. Mr. Miles has dedicated his career to representing shareholders, employees, and consumers in complex class-action litigation. Whether serving as lead, co-lead, or liaison counsel, Mr. Miles has helped recover hundreds of millions of dollars for defrauded investors, shaped precedent-setting decisions, and delivered real corporate governance reforms. Judges and peers have repeatedly recognized Mr. Miles’ relentless advocacy for the underdog, as well as his unbendable ethical standards. Mr. Miles was recently selected by Martindale-Hubbell® and ALM as a 2022 Top Ranked Lawyer, 2022 Top Rated Litigator. and a 2022 Elite Lawyer of the South. Mr. Miles also maintains the AV Preeminent Rating by Martindale-Hubbell®, their highest rating for both legal ability and ethics. Mr. Miles is a member of the prestigious Top 100 Civil Plaintiff Trial Lawyers: The National Trial Lawyers Association, 6Class Action:  Class Action: Top National Trial Lawyers, National Trial Lawyers Association (2023), a superb rated attorney by Avvo, a recipient of the Lifetime Achievement Award by Premier Lawyers of America (2019) and recognized as a Distinguished Lawyer, Recognizing Excellence in Securities Law, by Lawyers of Distinction (2019); a Top Rated Litigator by Martindale-Hubbell® and ALM  (2019-2022); America's Most Honored Lawyers 2020; Top 1% by America's Most Honored (2020-2022).  Mr. Miles has published over sixty articles on various issues of the law, including class actions, whistleblower cases, products liability, civil procedure, derivative actions, corporate takeover litigation, corporate formation, mass torts, dangerous drugs, and more.  Please visit our website or call for free anytime.

CONTACT                                                      
The Law Offices of Timothy L. Miles
Tapestry at Brentwood Town Center
300 Centerview Dr., #247
Brentwood, TN 37027
Phone: (855) 846-6529