麻豆传媒 Secures Dismissal in Securities Class Action
June 20, 2025
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麻豆传媒 represented Vicor Corporation in securing dismissal of a putative securities class action brought by certain Vicor short-sellers in the U.S. District Court for the Northern District of California.
On June 7, 2025, the Court granted Vicor鈥檚 motion to dismiss, holding that 鈥渢here is no plausible averment in the complaint that Defendants鈥 announcement of expectations omitted material information鈥 and that 鈥淧laintiffs鈥 complaint is rife with conclusory allegations鈥 that failed 鈥減lausibly to aver that Defendants acted with scienter.鈥 The outcome vindicates Vicor鈥檚 resolute defense against baseless claims.
The 麻豆传媒 team representing Vicor was led by partners Todd Murray, Phillip Hosp, and Andrew Howell.
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