Kbc Asset Management Nv v. Intel Corporation

NOT FOR PUBLICATION FILED

UNITED STATES COURT OF APPEALS APR 19 2024

MOLLY C. DWYER, CLERK

FOR THE NINTH CIRCUIT U.S. COURT OF APPEALS

In re: INTEL CORPORATION No. 23-15695

SECURITIES LITIGATION,

______________________________ D.C. No. 5:20-cv-05194-EJD

KBC ASSET MANAGEMENT NV; SEB

INVESTMENT MANAGEMENT AB, Lead MEMORANDUM* Plaintiffs,

Plaintiffs-Appellants,

v.

INTEL CORPORATION; et al.,

Defendants-Appellees.

Appeal from the United States District Court for the Northern District of California Edward J. Davila, District Judge, Presiding

Argued and Submitted April 1, 2024 San Francisco, California

Before: HURWITZ and JOHNSTONE, Circuit Judges, and MORRIS,** District Judge.

* This disposition is not appropriate for publication and is not precedent except as provided by Ninth Circuit Rule 36-3.

** The Honorable Brian M. Morris, Chief Judge for the District of Montana, sitting by designation. Plaintiffs KBC Asset Management NV and SEB Investment Management

AB appeal the dismissal of this securities fraud putative class action against…