Eisner

IN THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF CALIFORNIA 7 MATT EISNER, Case No. 24-cv-02175-CRB

Plaintiff,

ORDER GRANTING MOTION TO

v.

DISMISS WITH PREJUDICE

META PLATFORMS, INC., et al., Defendants.

Plaintiff Matt Eisner sued Meta Platforms, Inc. and Mark Zuckerberg under Section 14(a) of the Securities Exchange Act of 1934 based on allegedly misleading statements Meta made in its 2024 Proxy Statement. In June 2024 the Court denied Eisner’s motion for a preliminary injunction, finding that he had failed to show a likelihood of success on the merits for two reasons. First, the statements that Eisner had identified as misleading do not rise to the level of material misrepresentations under the securities laws. Second, Eisner had failed to establish economic loss. PI Order (dkt. 49). Eisner filed an Amended Complaint soon after. Am. Compl. (dkt. 50). Defendants move to dismiss, asserting that the Amended Complaint does not remedy the legal defects the Court already addressed. MTD…