Skip to Main Content

First American Financial Corp. Securities Fraud Class Action

View Complaint
COMPANY         First American Financial Corporation
COURT United States District Court for the Central District of California
CASE NUMBER 20-cv-09781
JUDGE The Honorable Dale S. Fischer
CLASS PERIOD February 17, 2017 - October 22, 2020
SECURITY TYPE  Common Stock

Case Background:

The Class Period commences on February 17, 2017, when First American filed an annual report on a Form 10-K with the SEC, announcing its financial and operating results for the fiscal year ended December 31, 2016.  The Form 10-K made clear to investors that First American understood its information and data services were a key component of First American’s success.

The complaint alleges that throughout the Class Period, the Defendants made false and/or misleading statements and/or failed to disclose that: (1) First American failed to implement basic security standards to protect its customers’ sensitive personal information and data; (2) First American faced a heightened risk of cybersecurity failure due to its automation and efficiency initiatives; and (3) as a result, the defendants’ public statements were materially false and misleading at all relevant times.

Current Status of Case:

On May 11, 2022, the Court granted Defendants’ Motion to Dismiss the complaint with prejudice, and Judgment was entered closing the case. This action has concluded.

If you wish to discuss this action or have any questions concerning this notice or your rights or interests with respect to these matters, please contact Kessler Topaz Meltzer & Check, LLP: Jon Naji, Esq. (484) 270-1453; or via e-mail at info@ktmc.com. If you would like additional information about the suit, please click on the link "Submit Your Information" above and fill out the form as promptly as possible.

Please complete this form relating to your transactions for First American Financial Corp. (NYSE: FAF) securities from February 17, 2017 through October 22, 2020, both dates inclusive (the “Class Period”).

You may also contact Jon Naji, Esq. at (484) 270-1453; or you may submit your information via email at info@ktmc.com, or you may click here to print a PDF of this form.

SUBMIT YOUR INFORMATION
* Denotes required field
Date
# of Shares
Price per Share
Date
Principal Amount
Amount Paid
Series or CUSIP
Date
# of Contracts
Price per Contract
Exercise Price
Expiration Date
Did you purchase shares of First American Financial Corp. prior to the Class Period?
Are you a current or former employee of First American Financial Corp. ?
The submission of this form does not create an attorney-client relationship, nor an obligation on the part of Kessler Topaz or you to file a lead plaintiff motion in this matter. Any information you submit will be maintained as confidential. If Kessler Topaz, in its sole discretion, believes that you might be an appropriate lead plaintiff candidate, Kessler Topaz will contact you to discuss the matter and whether to establish an attorney client relationship. By signing this form you are authorizing us to contact you regarding this case and/or future cases.
I agree to the KTMC disclaimer
I would like to receive new case alerts by email