Staublein

Staublein v. Acadia Pharmaceuticals Inc.

Good Law
United States District Court, Southern District of CaliforniaJune 1, 20203:18-cv-01647California6,081 words

Opinion

Trial Court Opinion

UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF CALIFORNIA 10 IN RE ACADIA PHARMACEUTICALS Case No.: 18-CV-01647-AJB-BGS

INC. SECRUTIES LITIGATION

ORDER:

13 (1) GRANTING PLAINTIFF’S

MOTION TO STRIKE; AND

15 (2) GRANTING IN PART AND

DENYING IN PART DEFENDANTS’

MOTION TO DISMISS THE

AMENDED CLASS ACTION

COMPLAINT

19 (Doc. Nos. 52, 56)

Pending before the Court are Plaintiff’s motion to strike, (Doc. No. 56), and Defendants’ motion to dismiss the consolidated amended class action complaint, (Doc. No. 52). Defendants oppose Plaintiff’s motion, (Doc. No. 59), and Plaintiff opposes Defendants’ motion, (Doc. No. 55). For the reasons set forth more fully below, the Court GRANTS Plaintiff’s motion to strike and GRANTS in part and DENIES in part Defendants’ motion to dismiss. / / / / / / I. BACKGROUND Plaintiff represents a class of those who acquired ACADIA securities between April 29, 2016, and July 9, 2018, and who are suing under the…

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