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At BlackBerry's request, a judge adjourned a trial against the company that was supposed to start tomorrow. Instead, settlement talks will begin.
Blackberry has announced that it will settle an eight-year-old shareholder class action lawsuit filed against the company in 2013, accusing it of inflating the success and profitability of its Blackberry 10 smartphones, driving up its share price. Other defendants in the lawsuit include former chief executive officer Thorsten Heins, former chief financial officer Brian Bidulka
Blackberry's bid to dismiss a long-running lawsuit claiming it defrauded shareholders, was rejected by a US judge.
Canadian firm calls time on OS support for old-style keyboard devices; long running class-action lawsuit proving harder to shut down, however.
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