In Re NVE Corp. Securities Litigation
Court of Appeals for the Eighth Circuit
1Opinion of the Court
MURPHY, Circuit Judge.
Plaintiffs brought this putative securities class action alleging that NVE Corporation and certain of its officers and directors had made false or misleading statements about the development of a novel computer memory technology, known by the acronym MRAM. The district court 1 denied then-request to permit another amendment of the complaint and granted a defense motion to dismiss. Plaintiffs appeal, and we affirm.
During the purported class period from May 16, 2003 through April 19, 2005, MRAM technology was still under development. NVE had formed a relationship to share…
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