A class action lawsuit against Quest Software, Inc. and its officers was commenced in the United States District Court for the Central District of California on behalf of purchasers of Quest securities.
The complaint charges defendants with violations of the Securities Exchange Act of 1934. It alleges that defendants issued materially false and misleading statements which resulted in plaintiff purchasing Quest securities during the Class Period at artificially inflated and/or maintained prices.
The action seeks damages on behalf of defrauded investors. Plaintiff is represented by Weiss & Yourman, a law firm with significant experience and expertise in prosecuting class actions on behalf of defrauded shareholders in federal and state courts throughout the United States. Weiss & Yourman has been appointed by numerous courts to serve as lead counsel in class action lawsuits and in that capacity has recovered hundreds of millions of dollars on behalf of investors.