Legal Opinion

Freudiger v. Molecular Partners AG

District Court, S.D. New York

Decided February 5, 2024No. 1:22-cv-05925Unknown

1Opinion

UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK JAMES MERRITT, individually and on behalf of all others similarly situated, Plaintiffs, 22-cv-5925 (AS) -against- MEMORANDUM OPINION MOLECULAR PARTNERS AG, et al., AND ORDER Defendants. ARUN SUBRAMANIAN, United States District Judge: Plaintiff James Merritt alleges that defendant Molecular Partners’ registration statement misled investors by discussing a partnership for the development of a cancer treatment without disclosing that a competitor had a similar treatment that was further along. But Merritt fails to show that the omission…

2Cases cited11 opinions

  1. Ashcroft v. IqbalSupreme Court of the United States · 2009
  2. In Re Time Warner Inc. Securities LitigationCourt of Appeals for the Second Circuit · 1993
  3. Omnicare, Inc. v. Laborers Dist. Council Constr. Industry Pension FundSupreme Court of the United States · 2015
  4. In Re Morgan Stanley Information Fund SecuritiesCourt of Appeals for the Second Circuit · 2010
  5. Tongue v. SanofiCourt of Appeals for the Second Circuit · 2016

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