On May 19, 2022, the Ninth Circuit affirmed dismissal of a case claiming securities fraud in the life sciences space, confirming that disappointing results are insufficient to plead fraud...
On September 20, a divided Ninth Circuit panel broke with nearly 50 years of precedent in holding that investors could challenge the accuracy of Slack’s registration statement even if t...
On July 23, 2021, a Ninth Circuit panel vacated a district court order appointing a lead plaintiff in a consolidated securities fraud action. The panel found that the district court impro...
On June 16, 2021, a Ninth Circuit panel revived in part a putative securities fraud class action against Alphabet for not disclosing a data privacy bug in the Google+ social network. The ...
On April 8, 2021, the Ninth Circuit issued a decision affirming the dismissal of a putative securities fraud class action against an investment bank accused of fraudulently attempting to ...
On January 26, 2021, the Ninth Circuit issued a decision affirming the dismissal of civil securities law claims filed against Tesla and Elon Musk regarding statements that they made in 20...
On June 10, 2020, the Ninth Circuit issued a decision affirming the dismissal of a securities case filed against a life sciences company for supposedly misrepresenting the likelihood that...
On December 26, 2018, the Ninth Circuit issued a decision in a shareholder derivative action that alleged that Disney’s board of directors and several corporate officers participated in...
On June 13, 2018, the Ninth Circuit determined that where a shareholder of a Delaware corporation challenges a routine board decision in a derivative action, the shareholder must make a p...
On November 21, 2017, the Ninth Circuit issued a decision in Curry v. Yelp, Inc., No. 16-15104, affirming the district court’s dismissal with prejudice of a securities fraud action agai...
