In Re: Mariusz Klin v. Cloudera, Inc.

FOR PUBLICATION

UNITED STATES COURT OF APPEALS

FOR THE NINTH CIRCUIT

In re: CLOUDERA, INC. No. 22-16807

SECURITIES LITIGATION,

D.C. No. 3:19-cv- ------------------------------ 03221-MMC

MARIUSZ J. KLIN, Lead Plaintiff;

THE MARIUSZ J. KLIN MD PA OPINION

401K PROFIT SHARING PLAN;

ROBERT BOGUSLAWSKI;

ARTHUR P. HOFFMAN, on behalf of themselves and all others similarly situated,

Plaintiffs-Appellants, v.

CLOUDERA, INC.; THOMAS J.

REILLY; JIM FRANKOLA;

MICHAEL A. OLSON; PING LI;

PRIYA JAIN; MARTIN COLE;

KIMBERLY HAMMONDS;

ROSEMARY SCHOOLER; STEVEN

SORDELLO; MICHAEL A.

STANKEY; ROBERT BEARDEN;

PAUL CORMIER; PETER FENTON;

KEVIN KLAUSMEYER,

Defendants-Appellees. IN RE: KLIN V. CLOUDERA, INC.

Appeal from the United States District Court for the Northern District of California Maxine M. Chesney, District Judge, Presiding

Argued and Submitted October 5, 2023 Honolulu, Hawaii

Filed November 19, 2024

Before: Marsha S. Berzon, Eric D. Miller, and Lawrence VanDyke, Circuit Judges.

Opinion by Judge Miller

SUMMARY *

Securities Fraud Class Action

The panel affirmed the district court’s dismissal…