News: Envivio Settles with Shareholder $ENVI

Envivio, a leading provider of software-based video processing and delivery solutions,

announced that the Superior Court of the State of California, County of San Mateo, has finally approved the settlement of a securities class action lawsuit and related claims originally filed in October 2012 against Envivio Inc.

Envivio and the other defendants, rejected all the claims of wrongdoing in any kind of deal. The settlement is just to cover up the Litigation Costs.

View the full release here.