Legal Opinion
Canaan X L.P. v. MoneyLion Inc.
District Court, S.D. New York
Decided May 15, 2024No. 1:23-cv-06550Unknown
1Opinion
UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK □□□□□□□□□□□□□□□□□□□□□ Plaintiffs, 23-cv-6550 (PKC) -against- OPINION AND ORDER MONEYLION INC., et al., Defendants. nnn nnn nnn nnn nnn nen CASTEL, U.S.D.J. The Court briefly summarizes the backdrop to plaintiffs’ claim under section 14(a) of the Securities Exchange Act of 1934 (the “Exchange Act”) and defendants’ motion to dismiss that clam. MoneyLion Inc. (“MoneyLion’”) acquired Even Financial Inc. (Complaint, ECF 1, 427). Plaintiffs owned shares of Even Financial, Inc., and recerved MoneyLion Series A Preferred Convertible Stock…
2Cases cited21 opinions
- Ashcroft v. IqbalSupreme Court of the United States · 2009
- Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
- Chambers v. Time Warner, Inc.Court of Appeals for the Second Circuit · 2002
- TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976
- ATSI Communications, Inc. v. Shaar Fund, Ltd.Court of Appeals for the Second Circuit · 2007
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