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In their April 12 opposition to the NBCUniversal and Peacock motion to dismiss their first amended complaint (see 2404160001), plaintiffs Amma Afriyie and Roy Campbell “present arguments wholly divorced from the cases they cite,” said the defendants’ reply Friday (docket 1:23-cv-09433) in U.S. District Court for Southern New York in Manhattan in support of the motion to dismiss.Read More >>

Public companies and their officers can’t make public statements “claiming to follow practices that are important to investors while knowing that they pervasively fail to do so.” That is the “essence” of the SEC’s securities fraud case against SolarWinds, according to the SEC’s opposition Friday (docket 1:23-cv-09518) in U.S. District Court for Southern New York in Manhattan to SolarWinds’ March 22 motion to dismiss the SEC’s Feb. 16 amended complaint (see 2403250039).Read More >>

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