In re Plantronics, Inc. Securities Litigation
Plantronics Securities Litigation
No. 4:19-cv-07481-JST

Welcome to the Plantronics Securities Litigation Website

The information contained on this website is only a summary of the information presented in more detail in the Notice of (I) Pendency of Class Action and Proposed Settlement; (II) Settlement Hearing; and (III) Motion for Attorneys’ Fees and Litigation Expenses. Because this website is just a summary, you should review the Notice for additional details.

The Court’s hearing on the fairness of the Settlement and related matters which was scheduled for August 14, 2025, has been rescheduled for August 21, 2025, at 2:00 p.m. Pacific time.

The hearing will be held by Zoom videoconference.

Any Settlement Class Member or member of the public who wishes to listen to or participate in the hearing by videoconference may do so by contacting Lead Counsel at settlements@blbglaw.com or sean@hbsslaw.com to obtain the access information. 

Summary of the Action and Settlement

This Website relates to a proposed Settlement of claims in a pending securities class action brought by investors alleging that Plantronics and several of its senior officers violated the federal securities laws by making false and misleading statements regarding Plantronics’ sales practices. Defendants deny that the claims and allegations have merit, deny that they engaged in any wrongdoing or other misconduct, and deny that they have any liability to Lead Plaintiffs or members of the Settlement Class.

Subject to Court approval, Lead Plaintiffs, on behalf of themselves and the Settlement Class, have agreed to settle the Action in exchange for a settlement payment of $29,500,000.00 in cash (the “Settlement Amount”) to be deposited into an escrow account.  The Net Settlement Fund (i.e., the Settlement Amount plus any and all interest earned thereon (the “Settlement Fund”) less (a) any Taxes, (b) any Notice and Administration Costs, (c) any Litigation Expenses awarded by the Court, (d) any attorneys’ fees awarded by the Court; and (e) any other costs or fees approved by the Court) will be distributed in accordance with a plan of allocation that is approved by the Court, which will determine how the Net Settlement Fund shall be allocated among members of the Settlement Class.

If you are a member of the Settlement Class, you are subject to the Settlement, unless you timely request to be excluded. The Settlement Class consists of:

All persons or entities who purchased or otherwise acquired the publicly-traded common stock of Plantronics during the period from August 7, 2018 through November 5, 2019, inclusive (the “Class Period”), and were damaged thereby.

Excluded from the Settlement Class are: (i) Defendants, (ii) the Immediate Family Members of Defendants Burton, Boynton, and Strayer; (iii) any current or former Officers and directors of Plantronics; (iv) any firm or entity in which any Defendant has or had a controlling interest; (v) Defendants’ liability insurance carriers; (vi) any affiliates, parents, or subsidiaries of Plantronics; (vii) all Plantronics plans that are covered by ERISA; and (vii) the legal representatives, agents, affiliates, heirs, beneficiaries, successors-in-interest, or assigns of any excluded person or entity, in their respective capacity as such.  Also excluded from the Settlement Class are any persons or entities who or which exclude themselves by submitting a request for exclusion that is accepted by the Court in accordance with the requirements set forth in the Notice.

Please read the Notice to fully understand your rights and options. Copies of the Notice and Claim Form can be found in the menu at the top of this page.

The deadline for submission of Claim Forms was June 25, 2025.

Payments to eligible claimants will be made only if the Court approves the Settlement and a Plan of Allocation, only after any appeals are resolved, and after the completion of all claims processing. Please be patient, as this process will take some time to complete.

CASE DEADLINES:
ATTEND A HEARING ON AUGUST 21, 2025 AT 2:00 P.M. PACIFIC TIME The Settlement Hearing has been rescheduled for August 21, 2025 at 2:00 p.m. Pacific time and will be conducted by Zoom videoconference. For details on how to attend or participate in the hearing, please see the top of this page. 

 

How do I obtain more information?

Detailed information about the Settlement is contained in the Notice, a copy of which can be found in the menu at the top of this page. Additional information can also be obtained by contacting the Claims Administrator by calling toll-free 855-680-9512, emailing info@PlantronicsSecuritiesLitigation.com or mailing a letter to:

Plantronics Securities Litigation
c/o JND Legal Administration
P.O. Box 91496
Seattle, WA 98111

 

Inquiries should NOT be directed to the Court or the Clerk of the Court.

For More Information

Visit this website often to get the most up-to-date information.

Mail
Plantronics Securities Litigation
c/o JND Legal Administration
P.O. Box 91496
Seattle, WA 98111