BlackBerry plans to settle 8-year old shareholder lawsuit

Shareholders accused BlackBerry of concealing BlackBerry 10's true sales prospects in public statements during 2013, resulting in an inflated share price. The lawsuit began in October 2013. Other defendants include Chief Executive Officer Thorsten Heins, former Chief Financial Officer Brian Bidulka and former Chief Legal Officer Steve Zipperstein. The Waterloo, Ontario-based company now focuses on cybersecurity.

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