Kong

Kong v. Fluidigm Corporation

Good Law
United States District Court, Northern District of CaliforniaDecember 14, 20204:20-cv-06617California2,673 words

Opinion

Trial Court Opinion

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA

REENA SAINT JERMAIN, Case No. 20-cv-06617-PJH Plaintiff,

v. ORDER APPOINTING LEAD

PLAINTIFF AND LEAD PLAINTIFF’S

FLUIDIGM CORPORATION, et al., COUNSEL Defendants. Re: Dkt. Nos. 14, 18, 19

13 This is a securities fraud putative class action. Named plaintiff Reena Saint Jermain alleges that she bought shares of stock in Fluidigm Corporation (“Fluidigm”), in reliance on false or misleading statements made by defendant, and that she suffered damages when the price of the stock fell after Fluidigm’s true financial condition became apparent. The Private Securities Litigation Reform Act (“PSLRA”) provides that the district court shall select one or more lead plaintiffs to prosecute the action on behalf of the class. 15 U.S.C. § 78u-4(a)(3)(B)(i). The lead plaintiff or plaintiffs, in turn, select lead counsel. 15 U.S.C. § 78u-4(a)(3)(B)(v). This matter is fully briefed and suitable for decision without oral…

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