In re Opendoor Technologies Incorporated Securities Litigation

1 WO 2 3 4 5 6 IN THE UNITED STATES DISTRICT COURT 7 FOR THE DISTRICT OF ARIZONA 8 9 Sam Alich, No. CV-22-01717-PHX-MTL 10 Plaintiff, ORDER 11 v. 12 Opendoor Technologies Incorporated, et al., 13 Defendants. 14 15 On February 28, 2024, the Court issued its Order dismissing Plaintiffs’ Consolidated 16 Amended Complaint with leave to amend. (Doc. 86.) Among other things, the Court found 17 that Plaintiffs’ claim brought pursuant to Section 11 of the Securities Act of 1933 failed 18 because “Defendants have established negative causation because they have demonstrated 19 that Plaintiffs do not…