United States: Northern District Of Illinois Denies Motion To Dismiss Securities Fraud Claims Against Surgical Implants Manufacturer, Finding Plaintiffs Adequately Alleged Material Misstatements And Scienter - Shearman & Sterling LLP

United States: Northern District Of Illinois Denies Motion To Dismiss Securities Fraud Claims Against Surgical Implants Manufacturer, Finding Plaintiffs Adequately Alleged Material Misstatements And Scienter - Shearman & Sterling LLP

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The Court denied defendants' motion to dismiss the amended complaint, holding that plaintiffs sufficiently pled material misstatements and scienter.

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