Abadilla
Abadilla v. Precigen, Inc.
Opinion
Trial Court Opinion
UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA SAN JOSE DIVISION 6 MARTIN JOSEPH ABADILLA, ET AL., Case No. 20-cv-06936-BLF
Plaintiffs,
ORDER GRANTING DEFENDANTS’
v. MOTION TO DISMISS WITH LEAVE
TO AMEND
PRECIGEN, INC., et al., [Re: ECF No. 96] Defendants.
12 Before the Court is Defendants Precigen, Inc. (“Precigen”), Randal. J. Kirk, Rick L. Sterling, and Andrew Last’s motion to dismiss Lead Plaintiff Raju Shah’s Second Amended Consolidated Class Complaint under Federal Rule of Civil Procedure 12(b)(6) in this securities fraud class action. Defendant Robert F. Walsh III joins in the other Defendants’ motion (collectively, including Mr. Walsh, “Precigen”; “Individual Defendants” refers to Mr. Kirk, Mr. Sterling, Mr. Last, and Mr. Walsh). Mr. Shah alleges that Precigen defrauded investors by publicly touting its methane bioconversion platform (“MBP”), which sought to convert cheap natural gas into valuable industrial products. Mr. Shah alleges that Precigen…