Investor Claims In Grubhub Stock-Drop Suit Lacking, Defendants Argue

Mealey's (November 16, 2020, 1:50 PM EST) -- CHICAGO — Dismissal of federal securities law claims against online food ordering and delivery company Grubhub Inc. and two of its executive officers is necessary because a lead plaintiff’s allegations are statutorily insufficient and should be dismissed with prejudice, the defendants argue in a Nov. 11 motion to dismiss filed in Illinois federal court (Roei Azar v. Grubhub Inc., et al., No. 19-7665, N.D. Ill.)....