In re Unity Software Inc. Securities Litigation

I. BACKGROUND

21 On July 6, 2022, Plaintiff Das initiated a securities class action brought on behalf of all 22 persons or entities that purchased or acquired Unity Software stock between March 5, 2021 to 23 May 10, 2022 and were allegedly damaged by Defendants’ “materially false and misleading 24 statements” or omissions in violation of Sections 10(b) and 20(a) of the Securities Exchange Act 25 of 1934, 15 U.S.C. §§ 78j(b) and 78t(a)) (the “Class”). See generally ECF No. 1, Compl. 26 Case No.: 5:22-cv-03962-EJD

ORDER GRANTING MOT. OF OKLAHOMA FIREFIGHTERS PENSION AND RET.

Defendant Unity Software, Inc. (“Unity”) creates and operates a 3D content platform that provides software developers who create video games (for mobile phones, computers, and game consoles) a platform to create and monetize their games and content. Id. ¶¶ 18–19. Unity provides a “Pinpointer” which is a “user acquisition service which uses real-time user valuation at the time of an ad request.” Id. ¶ 2. Plaintiff alleges that throughout the Class Period, Defendants made false or misleading statements or failed to disclose that: (i) deficiencies in…