Shareholders’ Claims Of Oat Milk Company’s Greenwashing, Poor Accounting Dismissed

(June 15, 2023, 10:46 AM EDT) -- NEW YORK — A federal judge in New York granted a motion filed by an oat milk company and its officers and directors to dismiss shareholders’ allegations that improper accounting practices and greenwashing caused stock prices to tumble but cleared the way for the shareholders to replead all of their claims except for one under Section 12(a)(2) of the U.S. Securities Exchange Act, which was dismissed with prejudice....