Glazing Employers and Glaziers Union Local 27 Pension and Retirement Fund v. iRhythm Technologies, Inc.

Good Law
United States District Court, Northern District of CaliforniaJune 3, 20253:24-cv-00706California10,745 words

Opinion

Trial Court Opinion

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA 6 GLAZING EMPLOYERS AND Case No. 24-cv-00706-JSC

GLAZIERS UNION LOCAL #

PENSION AND RETIREMENT FUND,

ORDER RE: DEFENDANTS’ MOTION

Plaintiff, TO DISMISS v. Re: Dkt. Nos. 51,

IRHYTHM TECHNOLOGIES, INC., et al., Defendants. 12 Plaintiff brings this putative class action against iRhythm Technologies (“iRhythm” or the “Company”) and its executives (“Individual Defendants”) for allegedly false or misleading statements regarding iRhythm’s Zio AT, a device which transmits heart event data for physician monitoring. (Dkt. No. 43.) Now pending before the Court is Defendants’ motion to dismiss Plaintiff’s Second Amended Complaint (“SAC”) for failure to state a claim. (Dkt. No. 51.) After careful consideration of the briefing, and having had the benefit of oral argument on April 24, 2025, the Court GRANTS IN PART and DENIES IN PART Defendants’ motion to dismiss. BACKGROUND I. SAC Allegations …

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