Judge Dismisses Fraud Class Action Against Amazon For Failure To Plead Scienter

( March 20, 2025, 3:11 PM EDT) -- SEATTLE — A federal judge in Washington dismissed investors’ consolidated securities fraud class action against Amazon.com Inc. and several of its executives, finding that they failed to adequately plead scienter when bringing claims that the company made misrepresentations regarding the exploitation of third-party sellers and misrepresentations about Amazon’s infrastructure and fulfillment capacity....