Felix

UNITED STATES DISTRICT COURT

NORTHERN DISTRICT OF CALIFORNIA

SEB INVESTMENT MANAGEMENT AB, individually and on behalf of all others similarly situated, No. C 18-02902 WHA

Plaintiff,

v.

ORDER ON MOTION FOR CLASS

CERTIFICATION

SYMANTEC CORPORATION and

GREGORY S. CLARK,

15 Defendants.

17 INTRODUCTION In this PSLRA action, lead plaintiff moves for class certification. Defendants oppose. To the extent stated below, the motion is GRANTED. STATEMENT Prior orders set forth the background of this action in detail (Dkt. Nos. 137, 181). At bottom, this action stems from allegations that defendant Symantec Corporation and its former executive officers defrauded shareholders by manipulating Symantec’s financial reports to create the illusion of stronger-than-actual financial performance and outlook for fiscal years 2017 and 2018. Symantec, a company that sold cybersecurity products and services, emerged as an year period of disappointing financial…