Central District Of California Dismisses Putative Class Action Against Food Company For Failure To Adequately Allege Misrepresentations

On October 8, 2020, Judge Michael W. Fitzgerald of the United States District Court for the Central District of California dismissed a putative class action asserting claims under the Securities Exchange Act of 1934 against a food company and certain of its executives. Larry Tran v. Beyond Meat, Inc., et al., No. 20-CV-00963-MWF-AFM, slip op. (C.D. Cal. Oct. 8, 2020). Plaintiffs alleged that the company made misleading statements in public filings falsely suggesting that litigation brought...
By: Shearman & Sterling LLP

Shearman & Sterling LLP