Overview

Basic information

Litigation

Active legal matters

Material Events

8-K disclosures

SEC Filings

Key regulatory docs

Insider Transactions

Ownership changes

Overview

Basic information

Litigation

Active legal matters

Material Events

8-K disclosures

SEC Filings

Key regulatory docs

Insider Transactions

Ownership changes

Enovix Corp (ENVX) Class Action Lawsuit (January 2023)

In Litigation

3:23cv71 • January 6, 2023

Class Period Start

February 22, 2021

Class Period End

October 2, 2023

PSLRA Deadline

March 7, 2023

Case Allegations

10b5

Statutes of Repose

Feb 22, 2024

Country

United States

Court

Federal Court

Docket History

Apr 21, 2026

Class Certification Denied

The court has denied the request to proceed as a class action. This means the case cannot move forward on behalf of the proposed group of investors unless that decision changes or the court later approves a revised request.

Nov 14, 2025

Motion for Class Certification

The plaintiffs have asked the court to approve the lawsuit to proceed as a class action on behalf of a group of investors. The judge will decide whether the case meets the requirements for class certification and which investors and claims may be included.

May 23, 2025

Motion for Class Certification

The plaintiffs have asked the court to approve the lawsuit to proceed as a class action on behalf of a group of investors. The judge will decide whether the case meets the requirements for class certification and which investors and claims may be included.

Jul 23, 2024

Motion to Dismiss Denied in Part

The court has determined that plaintiffs have adequately alleged some of their claims, but have failed to adequately allege other claims. The judge has therefore denied in part the motion to dismiss filed by defendants and written an order stating which claims are dismissed and which remain. The case will proceed and parties will litigate the remaining claims.

May 3, 2024

Motion to Dismiss

After reviewing the complaint(s) filed by plaintiffs, defendants have filed a motion requesting that the court dismiss some or all of the plaintiffs' claims. In a motion to dismiss, defendants might challenge the validity of plaintiffs' claims or adequacy of plaintiffs' pleadings. Once a motion to dismiss is filed, the judge will make a decision on whether part or all of the case should be dismissed or the case can proceed as alleged.

Mar 19, 2024

Second Amended Complaint

A new complaint has been filed on behalf of certain investors in Enovix Corp. Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.

Jan 30, 2024

Motion to Dismiss Granted

The court has granted the defendants' request to dismiss the lawsuit. Depending on the court's decision, the plaintiffs may be allowed to file an updated complaint or pursue an appeal.

Sep 15, 2023

Motion to Dismiss

After reviewing the complaint(s) filed by plaintiffs, defendants have filed a motion requesting that the court dismiss some or all of the plaintiffs' claims. In a motion to dismiss, defendants might challenge the validity of plaintiffs' claims or adequacy of plaintiffs' pleadings. Once a motion to dismiss is filed, the judge will make a decision on whether part or all of the case should be dismissed or the case can proceed as alleged.

Jul 7, 2023

First Amended Complaint

A new complaint has been filed on behalf of certain investors in Enovix Corp. Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.

Apr 28, 2023

Appointment of Lead Plaintiff

The court has appointed a lead plaintiff to represent the interests of investors in the lawsuit. The lead plaintiff works with the attorneys handling the case, helps oversee the litigation, and represents the interests of the proposed class.

Jan 25, 2023

Additional Complaint

Another plaintiff has filed a complaint on behalf of investors in Enovix Corp. The allegations and class definitions are substantively the same.

Jan 6, 2023

First Filed Complaint

A securities fraud class action complaint has been filed on behalf of certain investors in Enovix Corp.

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