Sundaram

IN THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF CALIFORNIA 7 MOHAN R. SUNDARAM, et al., Case No. 22-cv-06750-CRB

Plaintiffs,

ORDER DENYING DEFENDANTS' v.

MOTION FOR JUDGMENT ON

THE PLEADINGS

FRESHWORKS INC, et al., Defendants.

Plaintiff Mohan Sundaram, on behalf of a purported class of investors, sued Freshworks Inc. and its executives, directors, and IPO underwriters for violations of Sections 11 and 15 of the Securities Act of 1933. Defendants moved to dismiss, and the Court granted Defendants’ motion in large part. MTD Order (dkt. 81), 2023 WL 6390622. The Court denied Defendants’ motion only with respect to Defendants’ alleged misstatements and omissions based on Item 303 of SEC Regulation S-K. Id. at 13–15. Defendants now move for judgment on the pleadings, asserting that Sundaram is unable to show that he (and members of the prospective class) is entitled to damages under the Securities Act. For the following reasons, the Court DENIES Defendants’ motion. I. BACKGROUND …