SAN FRANCISCO — A federal judge has selected Glancy Prongay & Murray and Pomerantz to lead the charge in a securities fraud class action against Fitbit Inc. and its executives.
In an order Tuesday, U.S. District Judge Susan Illston of the Northern District of California gave the two firms the role of co-lead counsel in the case. They represent Fitbit Investor Group, which holds the most shares among the plaintiffs and claims to have lost the greatest amount as a result of the company’s wrongdoing.
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