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Proove Founder Gets Federal Charges Dismissed - Orange County Business Journal

Brian Meshkin literally got his day in court, and he finally feels vindicated. U.S. District Judge Josephine Staton of the Central District of California on Dec. 22 threw out all federal charges against Meshkin. ....

United States , Josephine Staton , Brian Meshkin , Carlson Rauth , Proove Biosciences , Newport Profound Ventures , Judge Josephine Staton , Central District , Deloitte Consulting , Business Journal Excellence , Entrepreneurship Award , Jason De Bretteville , Newport Beach Based Profound Ventures ,

Ninth Circuit Decision Makes it Harder for Plaintiffs to Plead Securities Fraud Claims Against Drug & Medical Device Companies | Stradling Yocca Carlson & Rauth

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On June 10, 2020, the Ninth Circuit, in Vicky Nguyen v. Endologix, Inc., et al., affirmed in a published decision the district court’s dismissal with prejudice of a putative securities fraud class action because plaintiff failed to meet the heightened pleading standard for scienter required under the Private Securities Litigation Reform Act of 1995 (“PSLRA”). On July 20, 2020, the Ninth Circuit denied plaintiff’s petition for rehearing. A Stradling team lead by Jason de Bretteville represented defendants-appellees in the case.
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Stradling Yocca Carlson & Rauth, P.C. sycr.com 1Plaintiff brought suit after defendant Endologix disclosed that the FDA would not approve the company’s Nellix aneurysm sealing device within Endologix’s projected timeline, resulting in an alleged drop in the company’s stock price. Plaintiff’s central theory was t ....

Vicky Nguyen , Endologix Inc , Ninth Circuit , Private Securities Litigation Reform Act , Jason De Bretteville , விக்கி ஂக்யந் , ஒன்பதாவது சுற்று , ப்ரைவேட் பத்திரங்கள் வழக்கு சீர்திருத்தம் நாடகம் ,