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Angeley v. UTi Worldwide Inc., et al., Case No. 2:14-cv-02066-CBM-E (C.D. Cal.)

A securities class action against international shipping company UTi Worldwide, Inc. and its corporate officers for alleged misrepresentations about the progress of the company’s implementation of its new consolidated operating system while failing to disclose the system’s critical problems. The case involved extensive motion practice, a successful appeal to the Ninth Circuit Court of Appeals, more than 2 million pages of document production, multiple depositions, and ultimately a settlement that recovered 40.6% of investors’ losses.