Grant & eisenhofer files class action lawsuit against adobe inc. on behalf of institutional investors

New york--(business wire)--two institutional investors, pembroke pines firefighters & police officers pension fund and the city of hollywood, fl police officers' retirement system, have filed a class action lawsuit today against adobe inc. (“adobe” or the “company”), shantanu narayen, john murphy, daniel durn, david wadhwani and jonathan vaas, alleging they defrauded investors by issuing false and misleading statements concerning competition the company faced with regard to certain of its k.
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