In Re Nature's Sunshine Products Securities Litigation
District Court, D. Utah
1Opinion of the Court
MEMORANDUM DECISION AND ORDER DENYING MOTION TO DISMISS
STEWART, District Judge.
This matter is before the Court on Defendants’ Motion to Dismiss. 1
I. INTRODUCTION
The facts are set forth by the parties in the pleadings and memoranda. Plaintiffs bring the following claims in the Class Action Complaint (“CAC”): (1) violation of Section 10(b) of the Securities Exchanges Act of 1934 (“Exchange Act”) 2 and SEC Rule 10b-5(b) by Defendant Faggioli, CEO of Nature’s Sunshine Products (“NSP”), and Defendant NSP 3 stemming from alleged material misrepresentations, in connection with the sale of NSP…
2Cases cited23 opinions
- Conley v. GibsonSupreme Court of the United States · 1957
- Hall v. BellmonCourt of Appeals for the Tenth Circuit · 1991
- Central Bank of Denver, N. A. v. First Interstate Bank of Denver, N. A.Supreme Court of the United States · 1994
- Gff Corporation, an Oklahoma Corporation v. Associated Wholesale Grocers, Inc., a Missouri CorporationCourt of Appeals for the Tenth Circuit · 1997
- Novak v. KasaksCourt of Appeals for the Second Circuit · 2000
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- In re Galena Biopharma, Inc. Securities LitigationDistrict Court, D. Oregon · 2015
- Cement & Concrete Workers District Council Pension Fund v. Hewlett Packard Co.District Court, N.D. California · 2013
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