Legal Opinion

Formic Ventures, LLC v. SomaLogic, Inc.

District Court, N.D. California

Decided September 15, 2023No. 3:23-cv-02660Unknown

1Opinion

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA FORMIC VENTURES LLC, et al., Case No. 23-cv-02660-VC Plaintiffs, ORDER GRANTING IN PART AND v. DENYING IN PART THE MOTION TO DISMISS SOMALOGIC, INC., et al., Re: Dkt. No. 7 Defendants. The motion to dismiss is denied regarding the breach of contract claim. The motion to dismiss is granted, with leave to amend, regarding the claims for violation of California Penal Code § 496(c), fraudulent inducement, and conversion. This ruling assumes that the reader is familiar with the facts, the applicable legal standard, and the arguments made…

2Cases cited7 opinions

  1. Karim Khoja v. Orexigen Therapeutics, Inc.Court of Appeals for the Ninth Circuit · 2018
  2. Theodore C. Swartz v. Kpmg Llp, and Presidio Advisory Services Inc. Deutsche Bank Ag Deutsche Bank Securities, Inc.Court of Appeals for the Ninth Circuit · 2007
  3. Applied Equipment Corp. v. Litton Saudi Arabia Ltd.California Supreme Court · 1994
  4. Lee v. HanleyCalifornia Supreme Court · 2015
  5. Voris v. LampertCalifornia Supreme Court · 2019

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