Legal Opinion
Cutera Securities Litigation v. Conners
Court of Appeals for the Ninth Circuit
Decided June 30, 2010No. 08-17627PublishedCited by 204 opinions
1Opinion of the Court
McKEOWN, Circuit Judge:
Gunawan Onie and other plaintiffs (the “investors”) appeal the dismissal of their securities fraud class action against Cut-era, Inc., its chief executive officer, Kevin Connors, and its chief financial officer, Robert J. Santilli (collectively “Cutera”), under §§ 10(b) and 20(a) of the Securities Exchange Act of 1934. In this fraud-on-the-market suit, the investors claim that Cutera provided false and misleading revenue projections and failed to disclose material information about the shortcomings of Cutera’s sales staff.
We conclude that Cutera’s alleged incomplete…
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3Cited by204 opinions
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