23-16010 • August 10, 2018
Class Period Start
August 7, 2018
Class Period End
August 17, 2018
PSLRA Deadline
October 9, 2018
Case Allegations
10b5
Statutes of Repose
Aug 7, 2021
Country
United States
Court
Federal Court
Nov 25, 2020
The court has determined that a class action is the appropriate method to bring the claims by class members. Usually, when a class is certified, the judge will also affirm an individual or entity to represent the class and finalize a class definition (i.e.: who is represented in the lawsuit).
Sep 22, 2020
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.
Apr 15, 2020
The court has denied the defendants' request to dismiss the lawsuit. The case can now move forward to the next stage of litigation.
Nov 22, 2019
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.
Nov 27, 2018
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.
Sep 6, 2018
Another plaintiff has filed a complaint on behalf of investors in Tesla, Inc.. The allegations and class definitions are substantively the same.
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