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Forescout Technologies, Inc. Securities Fraud Class Action

CompanyForescout Technologies, Inc.
CourtUnited States District Court for the Northern District of California
Case Number20-cv-00076
JudgeHonorable Susan Illston
Class PeriodMay 10, 2019 through May 15, 2020
Security TypeCommon Stock
StatusSettlement Approved
Value$45,000,000

The settlement of this federal securities fraud class action lawsuit is on behalf of investors who purchased or otherwise acquired Forescout Technologies, Inc. (“Forescout”) common stock between May 10, 2019 and May 15, 2020, inclusive (the “Class Period”).

Forescout agreed to pay $45,000,000 to resolve this class action lawsuit alleging the company and certain of its officers and/or directors violated federal securities laws by making false or misleading statements.

What’s the status of the Settlement? 
On December 5, 2025, the Court granted Final Approval of the Class Action Settlement. This action has concluded. 

Who can file a claim?
The settlement class includes all persons or entities who:

  • Purchased or otherwise acquired Forescout common stock between May 10, 2019 and May 15, 2020, inclusive.


How much is the Settlement Payment?
Pro rata payment: The total settlement fund is $45,000,000. The amount each class member receives will depend on several factors, including:

  • The number of valid claims submitted
  • The number of shares purchased and sold
  • The dates of purchase and sale
  • The price paid for the shares and the price received upon sale


How do I file a claim?
The deadline to file a claim was December 1, 2025. To submit a claim and/or to find additional information regarding the terms of the settlement and claim filing process, go to www.forescoutsecuritieslitigation.com, or contact the claims administrator, Strategic Claims Services, at 1-866-274-4004.

If you wish to discuss this action or have any questions, please contact Kessler Topaz Meltzer & Check, LLP: Jon Naji, Esq. (484) 270-1453; toll-free at (844) 887-9500; or via e-mail at info@ktmc.com.

ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP:
Kessler Topaz Meltzer & Check, LLP (KTMC) is a leading U.S. plaintiff-side law firm focused on securities-fraud class actions and global investor protection. The firm represents individual investors as well as institutions, such as major pension funds, asset managers, and international investors. KTMC has led some of the largest recoveries in securities litigation and has been recognized by peers and the legal media with numerous accolades, including The National Law Journal’s Plaintiff’s Hot List and Trailblazers in Plaintiffs' Law, BTI Consulting Group’s Honor Roll of Most Feared Law Firms, The Legal Intelligencer’s Class Action Firm of the Year, Lawdragon’s Leading Plaintiff Financial Lawyers, and Law360’s Titans of the Plaintiffs Bar. The firm operates globally with offices in Pennsylvania and California. KTMC has recovered over $25 billion for our clients and the classes they represent.  
 

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