Kim

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA 8 SUNG KIM, individually and on behalf of Case No. 20-cv-01720-JSW all others similarly situated, 10 Plaintiffs, ORDER GRANTING MOTION TO DISMISS WITH LEAVE TO AMEND v. Re: Dkt. No.

ALLAKOS INC., ROBERT ALEXANDER,

LEO REDMOND, HENRIK RASMUSSEN, and ADAM TOMASI, 14 Defendants.

16 Now before the Court is the motion to dismiss the amended class action complaint filed by 17 lead plaintiff Sung Kim and named plaintiffs Christian Mayo and Allison Skye (collectively, 18 “Plaintiffs”). This consolidated securities class action is brought against Defendant Allakos, Inc. 19 (“Allakos”) and Robert Alexander, Chief Executive Officer and former President, Leo Redmon, 20 Chief Financial Officer, Henrik Rasmussen, Chief Medical Officer, and Adam Tomasi, Chief 21 Operating Officer (“Individual Defendants” and collectively, “Defendants”). In their complaint, 22 Plaintiffs allege two causes of action for violation of Section 10(b) of the Securities Exchange Act 23 of 1934…