Mealey's Litigation Procedure - 9th Circuit Affirms Dismissal Of Securities Class Action Lawsuit

Mealey's Litigation Procedure - 9th Circuit Affirms Dismissal Of Securities Class Action Lawsuit

SAN FRANCISCO - A federal district court did not err in dismissing a shareholder's amended securities class action complaint against a robotic surgical devices maker and certain of its executive officers because the shareholder failed to state a claim for relief or properly plead scienter (Police Retirement System of St. Louis v. Intuitive Surgical Inc., et al., No. 12-16430, 9th Cir.; 2014 U.S. App. LEXIS 13530).

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