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

1 2 3 4 UNITED STATES DISTRICT COURT 5 NORTHERN DISTRICT OF CALIFORNIA 6 7 GLAZING EMPLOYERS AND Case No. 24-cv-00706-JSC

GLAZIERS UNION LOCAL #27

8 PENSION AND RETIREMENT FUND,

ORDER RE: DEFENDANTS’ MOTION

9 Plaintiff, FOR JUDGMENT ON THE

PLEADINGS

v. 10 Re: Dkt. No. 88 11 IRHYTHM TECHNOLOGIES, INC., et al., Defendants. 12 13 Plaintiff brings this Private Securities Litigation Reform Act (“PSLRA”) putative class 14 action against iRhythm Technologies (“iRhythm”) and its CEO, Quentin Blackford, for allegedly 15 false or misleading statements regarding iRhythm’s Zio AT, a device which transmits heart event 16 data for physician monitoring. (Dkt. No. 43.)1 The Court granted in part and denied in part 17 Defendants’ motion to dismiss, ruling Plaintiff adequately alleged Mr. Blackford made false or 18 misleading statements and had scienter “beginning in July 2022.” (Dkt. No. 77 at 24.) Plaintiff 19 did not amend his complaint following the Court’s order, and this motion for judgment on the 20 pleadings followed. After careful consideration of the briefing, the Court…