Lead Plaintiffs’ Loss Causation Arguments Survive Motion To Dismiss
(February 12, 2018, 4:50 PM EST) -- SAN DIEGO — Lead plaintiffs in a securities class action lawsuit are not required to show a revelation of fraud to prove loss causation, a federal judge in California ruled Feb. 1 in denying the defendants’ motion to dismiss (Brad Mauss v. NuVasive Inc., et al., No. 13-2005, S.D. Calif., 2018 U.S. Dist. LEXIS 16941).
(Order available. Document #57-180216-035R.)
Shareholder Danny Popov filed a securities class action complaint in the U.S. District Court for the Southern District of California on behalf of all purchasers of NuVasive...