Glazing Employers and Glaziers Union Local #27 Pension and Retirement Fund v. iRhythm Technologies, Inc., et al.
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, FOR JUDGMENT ON THE
PLEADINGS
v. 10 Re: Dkt. No. 88 IRHYTHM TECHNOLOGIES, INC., et al., Defendants. 12 Plaintiff brings this Private Securities Litigation Reform Act (“PSLRA”) putative class action against iRhythm Technologies (“iRhythm”) and its CEO, Quentin Blackford, for allegedly false or misleading statements regarding iRhythm’s Zio AT, a device which transmits heart event data for physician monitoring. (Dkt. No. 43.) The Court granted in part and denied in part Defendants’ motion to dismiss, ruling Plaintiff adequately alleged Mr. Blackford made false or misleading statements and had scienter “beginning in July 2022.” (Dkt. No. 77 at 24.) Plaintiff did not amend his complaint following the Court’s order, and this motion for judgment on the pleadings followed. After careful consideration of the briefing, the Court…