Shareholder Says Recent 9th Circuit Opinion Supports Reversal Of Dismissal

(June 9, 2023, 9:09 AM EDT) -- SAN FRANCISCO — A recent opinion issued by the Ninth Circuit U.S. Court of Appeals supports a finding that a district court erred in dismissing shareholder claims against a digital health care company and three of its former CEOs because the Ninth Circuit opinion does not permit the court to disregard the fact that the company’s expert warned the company that the inflated rates were at risk before the misleading statements were made, the shareholder says in a May 25 letter submitted to the Ninth Circuit....