Brown v. Opera Limited

UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK ──────────────────────────────────── LILIAN LAU and LEON M. BROWN, 20-cv-674 (JGK) Plaintiffs, MEMORANDUM OPINION AND - against - ORDER OPERA LIMTIED, ET AL., Defendants. ──────────────────────────────────── JOHN G. KOELTL, District Judge: The plaintiffs, Lilian Lau and Leon M. Brown, bring this putative class action against Opera Limited (“Opera”), its individual directors, and the financial institutions that underwrote Opera’s Initial Public Offering (“IPO”) for alleged material misstatements and omissions. The plaintiffs bring…