Edgio $15M Securities Settlement (LLNW/EGIO)

Edgio $15M Securities Settlement (LLNW/EGIO)

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A $15 million securities class action settlement has been reached involving Edgio, Inc. (formerly known as Limelight Networks). Investors who purchased shares of Limelight Networks (ticker: LLNW) or Edgio (ticker: EGIO) during a specific time window may be entitled to a payment from this settlement fund. The lawsuit alleged that investors were misled by false or misleading statements related to the company during the class period — a common claim in securities class actions when a stock's value drops after key information comes to light. Edgio has agreed to pay $15 million to resolve these claims without admitting any wrongdoing. If you held or purchased shares during the eligible period, you could be owed money. The deadline to file a claim is September 28, 2026, so there's time to act — but it's worth getting your claim in as early as possible.
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Who Is Eligible?

You may be eligible to file a claim if you:

  • You purchased or acquired shares of Limelight Networks (LLNW) common stock between February 12, 2021 and March 10, 2023
  • You purchased or acquired shares of Edgio, Inc. (EGIO) common stock between February 12, 2021 and March 10, 2023
  • You suffered a financial loss as a result of your investment in LLNW or EGIO stock during this period
  • You are a U.S. investor or otherwise fall within the defined class — check the official settlement site for full details on international eligibility

How Much Can You Get?

The total settlement fund is $15 million. Individual payouts will depend on how many eligible investors file claims, how many shares you purchased, the prices you paid, and any losses you experienced. Securities settlements typically calculate payments using a "plan of allocation" that factors in when you bought and sold your shares and at what prices. Exact per-share recovery amounts are not yet publicly confirmed, but the more shares you held during the class period and the greater your losses, the larger your potential payout may be. Keep records of your trade confirmations and brokerage statements — you'll likely need them to support your claim.

How to File Your Claim

Filing your claim is quick and easy:

  • Confirm you purchased LLNW or EGIO shares between February 12, 2021 and March 10, 2023
  • Gather your brokerage records, trade confirmations, or account statements showing your purchases and sales during the class period
  • Visit the official settlement website to obtain or complete the claim form (check the settlement administrator's site for the most up-to-date link)
  • Submit your completed claim form with supporting documentation before the September 28, 2026 deadline
  • Download Class Action Buddy to track your claim status and get alerts about other settlements you may qualify for

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Frequently Asked Questions

How do I file a claim for the Edgio $15M Securities Settlement (LLNW/EGIO)?

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.

Who qualifies for the Edgio securities class action settlement?

Anyone who purchased or acquired shares of Limelight Networks (LLNW) or Edgio (EGIO) stock between February 12, 2021 and March 10, 2023, and suffered a financial loss, may qualify to file a claim.

How much money will I get from the Edgio LLNW EGIO settlement?

The total settlement fund is $15 million. Your individual payout will depend on how many shares you bought, when you bought and sold them, and how many other investors file claims. Exact per-person amounts haven't been announced yet.

What is the deadline to file a claim in the Edgio securities settlement?

The deadline to submit your claim is September 28, 2026. It's a good idea to file as early as possible so you don't miss out.

Do I need proof to file a claim for the Edgio EGIO LLNW settlement?

You will very likely need documentation of your stock purchases, such as brokerage statements or trade confirmations showing you bought LLNW or EGIO shares during the eligible period. Gather these records before filing.

What was the Edgio Limelight Networks lawsuit about?

The lawsuit alleged that Edgio (formerly Limelight Networks) made false or misleading statements that harmed investors during the class period from February 12, 2021 to March 10, 2023. The company agreed to pay $15 million to settle the claims without admitting wrongdoing.

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