York County on Behalf of the County of York Retirement Fund v. HP Inc.

Good Law
United States District Court, Northern District of CaliforniaMarch 3, 20224:20-cv-07835California2,022 words

Opinion

Trial Court Opinion

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA 10 YORK COUNTY ON BEHALF OF THE Case No. 20-cv-07835-JSW

COUNTY OF YORK RETIREMENT

FUND,

ORDER GRANTING MOTION TO

Plaintiff, DISMISS CONSOLIDATED

COMPLAINT

v. 14 Re: Dkt. No. 45 HP INC., et al., Defendants. 16 Now before the Court is the motion to dismiss the consolidated complaint filed by Defendants HP, Inc. (“HP”), Dion J. Weisler, Catherine A. Lesjak, Enrique Lores, and Richard Bailey (individually, “Individual Defendants; collectively, “Defendants”). The Court has considered the parties’ papers, relevant legal authority, and the record in the case, and it finds this matter suitable for disposition without oral argument. See N.D. Civ. L.R. 7-1(b). The Court HEREBY GRANTS the motion to dismiss without leave to amend. BACKGROUND Plaintiff is a former HP shareholder who claims, on behalf of a purported class, that HP committed securities fraud in connection with the company’s supplies business for ink and toner. On…

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