Sheet Metal Workers National Pension Fund v. Bayer Aktiengesellschaft

Good Law
United States District Court, Northern District of CaliforniaNovember 15, 20213:20-cv-04737California444 words

Opinion

Trial Court Opinion

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA

SHEET METAL WORKERS NATIONAL

PENSION FUND, et al., Case No. 20-cv-04737-RS

Plaintiffs,

ORDER DENYING MOTION FOR

v. LEAVE TO FILE MOTION FOR

RECONSIDERATION

BAYER AKTIENGESELLSCHAFT, et al., Defendants.

15 This putative class action alleges violations of the Securities Exchange Act of 1934 in relation to Bayer’s acquisition of Monsanto. On October 19, 2021, Defendants’ motion to dismiss was denied. Dkt. 90. The Court noted, though, that certain theories the Plaintiffs advanced were not viable. Defendants now move for leave to file a motion for reconsideration under Civil Local Rule 7-9(b)(3). Dkt. 93. Plaintiffs oppose the motion. Dkt. 95. A party who wishes to move for reconsideration of an interlocutory order must first seek leave to file such a motion under Local Rule 7-9. Under Local Rule 7-9(b)(3), the party must show “[a] manifest failure by the Court to consider material facts or dispositive legal arguments…

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