Shnayder

Shnayder v. Allbirds, Inc.

Good Law
United States District Court, Northern District of CaliforniaMay 10, 20243:23-cv-01811California720 words

Opinion

Trial Court Opinion

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA 6 GENNADY SHNAYDER, et al., Case No. 23-cv-01811-AMO

Plaintiffs,

ORDER GRANTING MOTION TO

v. DISMISS WITH LEAVE TO AMEND &

DENYING AS MOOT REQUEST FOR

ALLBIRDS, INC., et al., JUDICIAL NOTICE Defendants. Re: Dkt. Nos. 64,

12 Defendants in this proposed securities fraud class action move to dismiss Plaintiffs’ amended complaint and ask that the Court take judicial notice of 22 documents. ECF 64, 65. The parties’ briefing reflects a lack of clarity as to which statements, or portions of statements, are allegedly false or misleading. For example, nested under the heading “Materially False and Misleading Statements Issued in the Registration Statement in Violation of Section 11 of the Securities Act” in the amended complaint are paragraphs 115 and 116. See ECF 52 at 29-30. Those paragraphs read:

115. As another reason for its success, the Company listed a “deep connection with our community of…

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