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O Shearman

Reporter · US

Indexed articles, last 90 days
17
Latest publication
Sep 29, 2026
Outlet visibility, for Mondaq
Top 500K sites
Earliest in this view
Jul 7, 2026

Latest articles

  1. Article · Sep 29, 2026 · A&O Shearman

    Northern District Of California Dismisses Putative Securities Class Action Against Value Grocery Retailer Without Prejudice (opens the original)

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    On September 16, 2026, Judge Jon S. Tigar of the United States District Court for the Northern District of California dismissed a putative securities class action against a value grocery retailer (the “Company”) and its former CEO and CFO (collectively, “Defendants”). In re Grocery Outlet Holding Corp. Sec. Litig., No. 4:25-cv-957-JST (N.D. Cal. Sept. 16, 2026). Plaintiff alleged violations of Section 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5, claiming Defendants conc

  2. Article · Sep 21, 2026 · A&O Shearman

    District Of Massachusetts Dismisses Putative Class Action Against Gene Therapy Company For Failure To Adequately Allege Misstatements And Scienter (opens the original)

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    On September 15, 2026, Judge Brian E. Murphy of the United States District Court for the District of Massachusetts dismissed with prejudice a putative class action asserting claims under the Securities Exchange Act of 1934 against a gene therapy company and certain of its executives. In re Sarepta Therapeutics Sec. Litig., 2026 WL 2720122 (D. Mass. Sept. 15, 2026). Plaintiffs alleged that defendants made material misstatements about the safety of the company’s flagship gene therapy product, the

  3. Article · Sep 14, 2026 · A&O Shearman

    Southern District Of New York Grants Motion To Dismiss Securities Class Action Against Former Officers Of Business Communications Company (opens the original)

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    On September 1, 2026, Judge Paul G. Gardephe of the United States District Court for the Southern District of New York granted a motion to dismiss a putative securities fraud class action against the former CEO and former CFO of a business communications company (the “Company”), alleging violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”) and Rule 10b-5 promulgated thereunder. Jiang v. Chirico, et al., No. 23 Civ. 1258 (S.D.N.Y. Sept. 1, 2026). In d

  4. Article · Sep 14, 2026 · A&O Shearman

    Ninth Circuit Amends Opinion Partially Reviving Putative Class Action Against Manufacturer Of Pop Culture Collectibles And Denies Rehearing Petitions (opens the original)

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    On September 2, 2026, the United States Court of Appeals for the Ninth Circuit amended its opinion affirming in part and reversing in part the dismissal of a putative securities fraud class action against a manufacturer of pop culture collectibles (the “Company”), and its former CEO and former CFO, alleging violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder. Constr. Laborers Pension Trust of Greater St. Louis v. Funko Inc., No. 24-

  5. Article · Sep 2, 2026 · A&O Shearman

    First Circuit Affirms Dismissal Of Putative Class Action Against Pharmaceutical Company (opens the original)

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    On August 19, 2026, the United States Court of Appeals for the First Circuit affirmed the dismissal of a putative class action asserting claims under the Securities Exchange Act of 1934 against a biopharmaceutical company and its CEO. In re Apellis Pharms., Inc. Sec. Litig., —F.4th—, 2026 WL 2425924 (1st Cir. Aug. 19, 2026). Plaintiffs alleged that the company made misrepresentations regarding clinical trials for a drug that was ultimately approved by the Food and Drug Administration (“FDA”). Th

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