Edgio $15 Million Securities Class Action Settlement

Edgio $15 Million Securities Class Action Settlement

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Max Payout
TBD
Filing Deadline
Yes
Proof Required?
Edgio, Inc. (formerly Limelight Networks) is at the center of a $15 million securities class action settlement. The lawsuit alleges that Edgio and certain of its executives made misleading statements or omissions that affected the company's stock price, potentially causing investors to suffer financial losses. While Edgio has not admitted any wrongdoing, the company has agreed to settle these claims to avoid the cost and uncertainty of continued litigation. If you purchased or acquired Edgio (or Limelight Networks) stock during the relevant class period and lost money as a result, you may be entitled to a share of the $15 million settlement fund. This type of settlement is designed to compensate ordinary investors — not just large institutions — who were harmed by the alleged misconduct. Details such as the exact class period, claim deadline, and individual payout amounts are still being confirmed. Check back here or use Class Action Buddy to stay up to date and get notified when the claim form goes live.
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Who Is Eligible?

You may be eligible to file a claim if you:

  • You purchased or acquired Edgio, Inc. (formerly Limelight Networks) common stock or other securities during the applicable class period defined in the lawsuit.
  • You suffered a financial loss as a result of your investment in Edgio securities (i.e., you bought at an allegedly inflated price and the value later declined).
  • You are a U.S. resident or a qualifying investor who traded Edgio securities on a U.S. exchange.
  • You did not opt out of the settlement class when given the opportunity to do so.
  • Institutional investors, individual retail investors, and retirement account holders may all potentially qualify — exact eligibility will depend on the final court-approved class definition.

How Much Can You Get?

The total settlement fund is $15 million. How much each individual claimant receives will depend on several factors, including how many eligible claims are filed, the number of shares you purchased, the prices at which you bought and sold, and the timing of those transactions relative to the alleged misconduct. Securities settlements typically use a "plan of allocation" to calculate each claimant's proportional share of the net fund (after attorneys' fees and administrative costs are deducted). Specific per-share recovery amounts and the final plan of allocation have not yet been publicly confirmed. Once those details are available, Class Action Buddy will update this page so you know exactly what to expect before you file.

How to File Your Claim

Filing your claim is quick and easy:

  • Confirm you are eligible by reviewing the class period and eligibility criteria once they are officially published by the settlement administrator.
  • Gather your trading records, including brokerage statements or transaction confirmations showing your purchases and sales of Edgio (or Limelight Networks) securities during the class period.
  • Complete the official claim form when it becomes available — you will typically need to provide your contact information, transaction details, and loss calculations.
  • Submit your claim form by the court-approved deadline (to be announced). Late claims are generally not accepted.
  • Download the Class Action Buddy app to track this settlement, get deadline reminders, and file your claim quickly and easily when the form goes live.

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Frequently Asked Questions

Do I need proof of purchase for the Edgio $15 Million Securities Class Action Settlement?

Yes — this settlement requires proof of purchase. Acceptable proof typically includes receipts, credit card statements, photos of the product, or order confirmation emails. Check the official claim form for specifics.

How do I file a claim for the Edgio $15 Million Securities Class Action Settlement?

You have two options: (1) Use the free Class Action Buddy mobile app — set up your profile once and the app auto-fills the PDF claim form, captures your signature, and submits the claim by mail on your behalf. (2) File directly with the settlement administrator using the official claim form linked on this page.

What is the Edgio securities class action settlement about?

The lawsuit claims that Edgio, Inc. (formerly Limelight Networks) and some of its executives made false or misleading statements that artificially inflated the company's stock price. Investors who bought shares at those inflated prices and later lost money are eligible to file a claim. Edgio has agreed to a $15 million settlement without admitting wrongdoing.

How do I know if I qualify for the Edgio settlement?

You likely qualify if you purchased Edgio or Limelight Networks stock during the specific class period covered by the lawsuit and lost money on that investment. The exact class period dates will be confirmed in the official settlement documents. Your brokerage statements will be your best resource for checking your eligibility.

How much money will I get from the Edgio settlement?

Individual payouts from the $15 million fund will vary based on how many shares you held, what you paid, and how many total valid claims are submitted. Exact payout amounts per share have not been announced yet. Once the plan of allocation is approved by the court, we'll update this page with more specific figures.

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