Kusnier

Kusnier v. Affirm Holdings, Inc.

Good Law
United States District Court, Northern District of CaliforniaAugust 26, 20243:22-cv-07770California9,090 words

Opinion

Trial Court Opinion

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA 7 IN RE AFFIRM HOLDINGS, INC. Case No. 22-cv-07770-AMO

SECURITIES LITIGATION

ORDER GRANTING MOTION TO

DISMISS SECOND AMENDED

COMPLAINT WITH LEAVE TO

AMEND AND DENYING AS MOOT

REQUEST FOR JUDICIAL NOTICE Re: Dkt. Nos. 72,

This is a putative class action brought on behalf of all persons who purchased or otherwise acquired common stock in Affirm Holdings, Inc. (“Affirm” or the “Company”) between November 16, 2021 and February 8, 2023 (the “Class Period”). Lead Plaintiff Mark Kusnier asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, and SEC Rule 10b-5 promulgated thereunder. Affirm, its Chief Executive Officer and Chairman Max Levchin, and its Chief Financial Officer Michael Linford (together, “Defendants”) move to dismiss the operative second amended complaint and seek judicial notice of seven documents. The motion is…

Sign in to read the full opinion

Create a free account to read the complete opinion text, citation history, and good-law status for this case.