In re Stem, Inc. Securities Litigation

IN THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF CALIFORNIA

IN RE STEM, INC.

SECURITIES LITIGATION Case No. 23-cv-02329-MMC 7 This Document Relates To: O FI R R D S E T R A D M I E S N M D IS E S D I N C G O N P S LA O I L N ID TI A F T F E S D ’ ALL ACTIONS COMPLAINT

Before the Court is defendants’1 Motion, filed December 20, 2024, “to Dismiss Plaintiffs’ First Amended Consolidated Complaint” pursuant to Rules 12(b)(6), 8(a), and 9(b) of the Federal Rules of Civil Procedure. Plaintiffs, who are identified below, have filed opposition, to which defendants have replied. Having read and considered the papers filed in support of and in opposition to the motion,2 the Court rules as follows.3 BACKGROUND As set forth in the Court’s order filed August 30, 2024 (see Order Granting Defendants’ Mot. to Dismiss Pls.’ Consol. Compl. (“August 30 Order”) at 1:19-4:7), plaintiffs plead the following factual allegations, which, for purposes of the instant motion, the Court accepts as…