Parties Debate Whether Shareholders Stated A Claim For Relief In Securities Suit

(May 13, 2016, 9:11 AM EDT) -- LOS ANGELES — Parties in a securities class action lawsuit asked a federal judge in California recently to determine whether shareholders have properly stated a claim for relief in making their federal securities claims against a technology company, certain of its executive officers and the underwriter of the company’s initial public offering (IPO) (In re Resonant Inc. Securities Litigation, No. 15-1970, C.D. Calif.).

Co-lead plaintiffs William E. Haskins and Brent Kaneshiro and named plaintiff Onie Bolduc (collectively, shareholders) filed a second amended complaint (SAC) in the...
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