Legal Opinion

Gera v. Palihapitiya

District Court, D. Arizona

Decided August 14, 2024No. 2:23-cv-02164Unknown

1Opinion

1 WO 2 3 4 5 6 IN THE UNITED STATES DISTRICT COURT 7 FOR THE DISTRICT OF ARIZONA 8 9 Samhita Gera, No. CV-23-02164-PHX-MTL 10 Plaintiff, ORDER 11 v. 12 Chamath Palihapitiya, et al., 13 Defendants. 14 15 Plaintiff Samhita Gera owns common stock in Nominal Defendant Opendoor 16 Technologies Inc. She brings this derivative suit under § 14(a) of the Securities Exchange 17 Act of 1934 and Securities and Exchange Commission Rule 14a-9. Her claim arises out of 18 Social Capital Hedosophia Holdings Corp. II’s de-SPAC merger with Opendoor Labs Inc. 19 Before the Court are Defendants’ Motions to…

2Cases cited27 opinions

  1. Ashcroft v. IqbalSupreme Court of the United States · 2009
  2. Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
  3. Lopez v. SmithCourt of Appeals for the Ninth Circuit · 2000
  4. Safe Air for Everyone v. MeyerCourt of Appeals for the Ninth Circuit · 2004
  5. J. I. Case Co. v. BorakSupreme Court of the United States · 1964

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