United States: Northern District Of California Grants Motion To Dismiss Securities Fraud Claims Against Social Media Company, Finding Plaintiffs Failed To Plead Material Misstatements And Scienter - Shearman & Sterling LLP

United States: Northern District Of California Grants Motion To Dismiss Securities Fraud Claims Against Social Media Company, Finding Plaintiffs Failed To Plead Material Misstatements And Scienter - Shearman & Sterling LLP

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On December 10, 2020, Judge Yvonne Gonzalez Rogers of the Northern District of California granted a motion to dismiss a claim under Section 10(b)

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