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Investor Failed To Plead Elements Of Federal Securities Law Claims, Judge Rules

Mealey's (October 17, 2016, 1:17 PM EDT) -- SAN JOSE, Calif. — A federal judge in California on Oct. 12 granted several motions to dismiss filed by defendants in a securities class action lawsuit against a semiconductor producer and certain of its current and former executive officers, ruling that the lead plaintiff in the action failed to plead the elements of its securities fraud claims as required (Daniel Luna v. Marvell Technology Group Ltd., et al., No. 15-5447, N.D. Calif.; 2016 U.S. Dist. LEXIS 141567).

(Order available.  Document #57-161017-043R.)

Lead plaintiff Plumbers and Pipefitters...
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