Hoang

Hoang v. ContextLogic, Inc.

Good Law
United States District Court, Northern District of CaliforniaFebruary 12, 20255:21-cv-03930California2,970 words

Opinion

Trial Court Opinion

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA SAN JOSE DIVISION 6 YEN HOANG, et al., Case No. 21-cv-03930-BLF

Plaintiffs, ORDER DENYING PLAINTIFFS' v. MOTION TO ALTER THE

JUDGMENT

CONTEXTLOGIC, INC., et al., [Re: ECF No. 142] Defendants.

12 Before the Court is Plaintiffs’ Motion to Alter the Judgment under Federal Rule of Civil Procedure 59(e). ECF 142. Defendants Context Logic, Inc. (“Wish”) and its officers and directors (collectively, “Defendants”) filed an opposition to the motion. ECF 145. The underwriters of Wish’s IPO (“Underwriter Defendants”) joined Wish’s opposition. ECF 146. Plaintiffs filed a reply. ECF 147. For the reasons below, the Court DENIES the motion. I. BACKGROUND The background of this case is laid out in detail in the Court’s Order granting the motion to dismiss Plaintiffs’ Third Amended Complaint (“TAC”). See ECF 139. The Court will provide an abbreviated version here. This is a putative…

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