Soto
Soto v. Origin Materials, Inc.
Opinion
Trial Court Opinion
UNITED STATES DISTRICT COURT EASTERN DISTRICT OF CALIFORNIA ----oo0oo---- 11 In re ORIGIN MATERIALS, INC. No. 2:23-cv-01816 WBS JDP
SECURITIES LITIGATION
MEMORANDUM AND ORDER RE:
MOTION TO DISMISS CORRECTED
ALL ACTIONS CONSOLIDATED FROM: AMENDED COMPLAINT
16 ANTONIO F. SOTO, individually and on behalf of all others similarly situated, 18 Plaintiff, 19 v.
ORIGIN MATERIALS, INC., RICHARD
J. RILEY, and JOHN BISSELL,
Defendants.
23 ----oo0oo---- Lead plaintiff Todd Frega brings this putative class action against defendants Origin Materials Inc., Richard Riley, and John Bissell, alleging violations of Sections 10(b) and 20(a) of the Securities Exchange Act, 15 U.S.C. §§ 78j(b), 78t(a). Defendants now move to dismiss. (Docket No. 69.) I. Factual and Procedural Background1 Defendant Origin Materials (“Origin” or “the company”) is a publicly traded company that purports to produce “sustainable materials” by converting…