9th Circuit Affirms Dismissal Of Putative Class Cloud Product Statement Claims

( November 22, 2024, 10:43 AM EST) -- HONLULU — An investor who alleged in an amended putative class complaint that a software company made false statements about its cloud products failed to sufficiently define cloud-related phrases and failed to show that an additional opportunity to amend his complaint would be anything other than futile, a Ninth Circuit U.S. Court of Appeals panel ruled, affirming dismissal....