Legal Opinion
Cement & Concrete Workers District Council Pension Fund v. Hewlett Packard Co.
District Court, N.D. California
Decided August 9, 2013No. 12-cv-04115-JSTPublishedCited by 6 opinions
1Opinion of the Court
ORDER GRANTING MOTIONS TO DISMISS
JON S. TIGAR, District Judge.
In this securities fraud suit, Defendants Hewlett Packard Co. and its former CEO, Mark Hurd, move to dismiss for failure to state a claim pursuant to the Private Securities Litigation Reform Act of 1995, 15 U.S.C. § 78u-4. Because the First Amended Complaint fails to satisfy the materiality and falsity requirements for a securities fraud claim, the Court will grant the motions with leave to amend.
I. FACTUAL ALLEGATIONS
Lead Plaintiff Cement & Concrete Workers District Council Pension Fund’s operative First Amended Complaint, ECF No.…
2Cases cited52 opinions
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3Cited by6 opinions
- Nuveen Municipal High Income Opportunity Fund v. City of AlamedaCourt of Appeals for the Ninth Circuit · 2013
- Nathanson v. Polycom, Inc.District Court, N.D. California · 2015
- In re Galena Biopharma, Inc. Securities LitigationDistrict Court, D. Oregon · 2015
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- In re Yum! Brands, Inc. Securities LitigationDistrict Court, W.D. Kentucky · 2014
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