Giuseppe Pampena v. Elon R.Musk
Opinion
Trial Court Opinion
IN THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF CALIFORNIA 7 GIUSEPPE PAMPENA, et al., Case No. 22-cv-05937-CRB
Plaintiffs,
ORDER GRANTING CLASS
v.
CERTIFICATION
ELON MUSK, Defendant.
Lead Plaintiffs Steve Garrett, Nancy Price, John Garrett, and Brian Belgrave bring this securities class action against Defendant Elon Musk, alleging that Musk violated Section 10(b) of the Securities Exchange Act of 1934, as well as Rule 10b-5, by making multiple misstatements to artificially depress the price of Twitter stock. Lead Plaintiffs now move for certification of a class defined as follows: All persons and entities who sold the publicly traded stock or call options, or purchased the put options, of Twitter, Inc. during the period from May 13, 2022 through October 4, 2022, both dates inclusive (the “Class Period”), and who suffered damages by Defendant’s alleged violations of § 10(b) and of the Exchange Act. 21 Lead Plaintiffs move to appoint themselves as class representatives…