In re Align Technology, Inc. Securities Litigation

Good Law
United States District Court, Northern District of CaliforniaMarch 29, 20213:20-cv-02897California5,226 words

Opinion

Trial Court Opinion

IN THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF CALIFORNIA 6 Case No. 20-cv-02897-MMC

IN RE ALIGN TECHNOLOGY, INC. ORDER GRANTING DEFENDANTS’

MOTION TO DISMISS; DISMISSING

SECURITIES LITIGATION

AMENDED COMPLAINT WITH LEAVE

TO AMEND; CONTINUING CASE

MANAGEMENT CONFERENCE

Before the Court is defendants Align Technology, Inc. (“Align”), Joseph M. Hogan (“Hogan”), John F. Morici (“Morici”), and Julie Tay’s (“Tay”) Motion, filed September 18, 2020, “to Dismiss Amended Class Action Complaint.” Lead plaintiff Macomb County Employees’ Retirement System has filed opposition, to which defendants have replied. Having read and considered the papers filed in support of and in opposition to the motion, the Court rules as follows.1 BACKGROUND In the operative complaint, the Amended Complaint (“AC”), plaintiff alleges Align “is a global medical device company” that designs, manufactures, and markets “Invisalign,” a…

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