Felix

1 2 3 4 5 6 UNITED STATES DISTRICT COURT 7

NORTHERN DISTRICT OF CALIFORNIA

8

9

10 SEB INVESTMENT MANAGEMENT AB, individually and on behalf of all others 11 similarly situated, No. C 18-02902 WHA

12 Plaintiff,

13 v.

ORDER ON MOTION FOR CLASS

CERTIFICATION

14 SYMANTEC CORPORATION and

GREGORY S. CLARK,

15 Defendants. 16

17 18 INTRODUCTION 19 In this PSLRA action, lead plaintiff moves for class certification. Defendants oppose. To 20 the extent stated below, the motion is GRANTED. 21 STATEMENT 22 Prior orders set forth the background of this action in detail (Dkt. Nos. 137, 181). At 23 bottom, this action stems from allegations that defendant Symantec Corporation and its former 24 executive officers defrauded shareholders by manipulating Symantec’s financial reports to 25 create the illusion of stronger-than-actual financial performance and outlook for fiscal years 26 2017 and 2018. 27 Symantec, a company that sold cybersecurity products and services, emerged as an 1 year period of disappointing financial…