Mannkind Securities Actions
District Court, C.D. California
1Opinion of the Court
ORDER RE: MOTIONS TO DISMISS AND TO STRIKE
GARY ALLEN FEESS, District Judge.
I. INTRODUCTION
Shareholders of MannKind Corporation, developer of an inhalable insulin treatment for diabetes, bring this securities fraud class action against the company and a number of its senior officers, alleging that Defendants serially misrepresented to investors facts relating to the existence and likelihood of FDA approval. Defendants now move to dismiss Plaintiffs’ complaint on the ground that it fails to meet the heightened pleading requirements for claims of securities fraud, and to strike an expert report…
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