SAN FRANCISCO -- (BUSINESS WIRE) -- Orrick, Herrington & Sutcliffe LLP announced today that it has been retained by Violin Memory, Inc. (NYSE:VMEM), a leader in persistent memory-based storage solutions, to represent it and its officers and directors in shareholder class actions alleging securities law violations that were recently filed against the Company. The cases, which were filed in the United States District Court for the Northern District of California, will be consolidated into a single proceeding. Once consolidated, the Company will have an opportunity to formally respond to the allegations asserted against it. Violin Memory maintains directors and officers insurance that is available to defend against the claims.
"We are honored to represent Violin Memory, a recognized innovator in one of the most competitive segments of the technology market today," stated Jim Kramer, Chair of Orrick’s Securities Litigation Group. "We have deep experience in these types of cases and look forward to bringing that expertise to bear in vigorously defending the company," added Kramer.
Orrick is a leading global law firm focused on serving companies in the technology, energy and infrastructure and financial services sectors. Founded in San Francisco and celebrating its 150th anniversary, Orrick is recognized by Law360 as one of the “Global 20” top law firms. The firm offers clients a combination of local insight and the highest quality advice across 25 offices worldwide. Orrick litigators have an extraordinary record of wins in high-stakes disputes. American Lawyer recognizes the firm among the 20 leading litigation departments, and the Recorder named Orrick California Litigation Department of the Year in 2013. The firm is well known for delivering commercially oriented advice on sophisticated corporate and finance transactions. Chambers Global cites Orrick for leadership across 43 practice areas and recognizes 86 Orrick lawyers worldwide as leading practitioners. American Lawyer recently named the firm to its 10-Year A-List, recognizing Orrick’s strong culture of client service excellence, mentoring, inclusion and community responsibility.