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E. OHMAN J:OR FONDER AB v. NVIDIA CORP.

No. 21-15604.

81 F.4th 918 (2023)

E. OHMAN J:OR FONDER AB; Stichting Pensioenfonds PGB, Lead Plaintiffs, Plaintiffs-Appellants, and Iron Workers Local 580 Joint Funds, Plaintiff, v. NVIDIA CORPORATION; Jensen Huang; Colette Kress; Jeff Fisher, Defendants-Appellees, and Oakland County Employees' Retirement System; Oakland County Voluntary Employees' Benefit Association Trust; Oakland County Employees' Retirement System Trust, Defendants.

United States Court of Appeals, Ninth Circuit.

Filed August 25, 2023.

Attorney(s) appearing for the Case

Gregory P.N. Joseph (argued) and Rachel M. Cherington , Joseph Hage Aaronson LLC, New York, New York; Eric Gerard , Matthew L. Mustokoff , and Andrew L. Zivitz , Kessler Topaz Meltzer & Check LLP, Radnor, Pennsylvania; Jennifer L. Joost , Kessler Topaz Meltzer & Check LLP, San Francisco, California; John Browne and Michael Mathai , Bernstein Litowitz Berger & Grossman LLP, New York, New York; Lauren M. Cruz and Jonathan D. Uslaner , Bernstein Litowitz Berger & Grossman LLP, Los Angeles, California; for Plaintiffs-Appellants.

Patrick E. Gibbs (argued), John Dwyer , Samantha Kirby , Joshua Walden , and Claire A. McCormack , Cooley LLP, Palo Alto, California; Kathleen R. Hartnett , Julie M. Veroff , Cooley LLP, San Francisco, California; Sarah M. Lightdale and Patrick Hayden , Cooley LLP, New York, New York; for Defendants-Appellees.

Opinion by Judge W. Fletcher; Dissent by Judge Sanchez.

OPINION

Lead Plaintiff E. Öhman J:or Fonder AB and others ("Plaintiffs") brought this putative class action on behalf of all persons or entities who purchased or otherwise acquired common stock of NVIDIA Corporation ("NVIDIA") during the proposed Class Period. Plaintiffs allege that during the Class Period...

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