John Loos v. Immersion Corporation
Court of Appeals for the Ninth Circuit
1Opinion of the Court
OPINION
RICE, District Judge:
Plaintiff John Loos appeals the district court’s dismissal of his securities fraud class action for failure to state a claim. Plaintiff argues that the district court erred by analyzing his allegations of scien-ter in isolation rather than “collectively” as mandated by Tellabs, Inc. v. Makor Issues & Rights, Ltd., 551 U.S. 308, 127 S.Ct. 2499, 168 L.Ed.2d 179 (2007). Plaintiff further challenges the district court’s conclusion that he failed to establish loss causation by alleging a precipitous decline in Immersion Corp.’s stock price on the heels of a July 1, 2009…
2Cases cited10 opinions
- Tellabs, Inc. v. Makor Issues & Rights, Ltd.Supreme Court of the United States · 2007
- Dura Pharmaceuticals, Inc. v. BroudoSupreme Court of the United States · 2005
- In Re Oracle Corp. Securities LitigationCourt of Appeals for the Ninth Circuit · 2010
- Zucco Partners, LLC v. Digimarc Corp.Court of Appeals for the Ninth Circuit · 2009
- Metzler Investment GMBH v. Corinthian Colleges, Inc.Court of Appeals for the Ninth Circuit · 2008
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- Mineworkers' Pension Scheme v. First Solar Inc.Court of Appeals for the Ninth Circuit · 2018
- Public Employees' Retirement System v. Amedisys, Inc.Court of Appeals for the Fifth Circuit · 2014
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