Securities Snapshot

In This Issue: Northern District of California Partially Dismisses Investor Suit Against Meta, but Claims Survive Challenging Statements About Consistent Application of Community Standards and Effect of Instagram on Youth; Northern District of California Rejects Investors’ Attempt to Paint Tesla’s Bullish Statements About Automated Driving Technology as Fraud; Southern District of New York Denies Motion to Dismiss Investor Suit Against Amgen Based on Failure to Specifically Disclose Potential for $10.7 Billion Liability to the IRS; SEC Enters Consent Order With Former CEO Who Falsified Reports and Lied to Auditors; Delaware Court of Chancery Dismisses Derivative Suit Against Directors and Officers of FibroGen Based on Alleged Fraudulent Disclosures About Failed Drug Candidate

Read more about these decisions and others in this month’s edition of Securities Snapshot.

In This Issue: Delaware Chancery Court Grants Software Company’s Motion to Dismiss Stockholder Class Action Lawsuit After Stockholder Vote Cleansed Alleged Improprieties in Connection with Merger; First Circuit Affirms Dismissal of Shareholder Class Action Complaint, Finding Investors Failed to Paint Compelling Picture of Scienter; SEC Announces Settled Charges Against Public Companies for Violations of Whistleblower Protection Rule; District of Massachusetts Dismisses Purported Class Action Lawsuit, Finding No Duty to Conduct “Good Science”

Read more about these decisions and others in this month’s edition of Securities Snapshot.