IN RE ENOVIX CORPORATION SECURITIES LITIGATION
Opinion
trial_court Opinion
1 2 3 4 UNITED STATES DISTRICT COURT 5 NORTHERN DISTRICT OF CALIFORNIA 6 7 Case No. 23-cv-00071-SI
IN RE ENOVIX CORP. SECURITIES
8 LITIGATION
ORDER GRANTING MOTION TO
9 DISMISS 10 Re: Dkt. No. 89 11
12 13 Now before the Court is defendants’ motion to dismiss the consolidated complaint. Dkt. No. 14 89. Pursuant to Civil Local Rule 7-1(b), the Court found this matter appropriate for resolution 15 without oral argument and vacated the hearing that was set for December 8, 2023. Dkt. No. 96. For 16 the reasons set forth below, the Court GRANTS the motion to dismiss, with leave to amend. 17 18 INTRODUCTION 19 This securities fraud class action is brought by lead plaintiffs Gary Kung; Discovery Global 20 Opportunity Master Fund Ltd.; and Discovery Nymeria Master Fund, Ltd.; and by named plaintiffs 21 Robert G. Lee and Traci Selke (collectively, “plaintiffs”). Plaintiffs sue on behalf of themselves 22 and a putative class of all persons and entities that purchased the…