U.S District Court Northern California
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Investors seek final OK for $60M deal to end class action vs Okta; Lawyers seek $13M
Lawyers representing investors in cybersecurity firm Okta have asked a San Francisco federal judge to sign off on a $60M deal to end their class action vs Okta over a 2022 data security breach that allegedly dropped stock 11% at the time. The lawyers want 22% of the settlement for their fees.