Kusnier
Kusnier v. Affirm Holdings, Inc.
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…