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Isilon Systems Announces Settlement of Shareholder Class Action Litigation.

Publication: PR Newswire
Publication Date: 21-SEP-09 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
SEATTLE, Sept. 21 /PRNewswire-FirstCall/ -- Isilon Systems , today announced that it has agreed to settle and resolve a shareholder class action lawsuit initially filed in November 2007 against Isilon, certain of its current and former officers and directors, and the underwriters of Isilon's December 2006 initial public offering. The litigation is pending in the United States District Court for the Western District of Washington and concerns Isilon's initial public offering and its previously announced restatement of the fourth quarter and...



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