Addition Of Plaintiffs To Uber IPO Suit Not In Conflict With China Agritech

Mealey's (October 6, 2021, 2:31 PM EDT) -- SAN FRANCISCO — A lead plaintiff’s addition of named plaintiffs in a securities class action against on-demand ride and food delivery transportation company Uber Technologies Inc. and others is not barred by the U.S. Supreme Court’s ruling in China Agritech v. Resh because the new plaintiffs have been added to an existing class action and are not part of a new filing, a federal judge in California ruled Oct. 1 in denying the defendants’ motion to dismiss....