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MATTER OF NIO INC. SEC. LITIG.

Index No. 653422/19. Appeal No. 16856-16857-16858. Case Nos. 2021-04183, 2021-04184, 2021-04552.

211 A.D.3d 464 (2022)

181 N.Y.S.3d 6

2022 NY Slip Op 06993

In the Matter of NIO Inc. Securities Litigation. Michael Donlon et al., Appellants, v. NIO Inc. et al., Respondents, et al., Defendants.

Appellate Division of the Supreme Court of New York, First Department.

Decided December 8, 2022.

Attorney(s) appearing for the Case

Robbins Geller Rudman & Dowd LLP, Melville ( Michael G. Capeci of counsel), for appellants.

Skadden, Arps, Slate, Meagher & Flom LLP, New York ( Robert A. Fumerton of counsel), for NIO Inc., Padmasree Warrior, Donald J. Puglisi , Puglisi & Associates, Bin Li and Lihong Qin , respondents.

Milbank LLP, New York ( Jed Schwartz of counsel), for Morgan Stanley & Co. LLC, Goldman Sachs (Asia) L.L.C., J.P. Morgan, Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Deutsche Bank Securities Inc., Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, UBS Securities LLC and WR Securities, LLC, respondents.

Concur—Kern, J.P., Gesmer, Kennedy, Scarpulla, Rodriguez, JJ.

Judgment, Supreme Court, New York County (Barry R. Ostrager, J.), entered December 2, 2021, dismissing the amended complaint with prejudice, unanimously affirmed, with costs. Appeal from orders, same court and Justice, entered on or about October 4, 2021, which granted defendants' motion to dismiss the amended complaint without prejudice to amendment, and entered November 5, 2021, which dismissed the amended complaint with prejudice, unanimously dismissed, without costs,...

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