United States: District Of Maryland Denies Motion To Dismiss Securities Fraud Claims Against Sports Apparel Company, Finding Plaintiffs Adequately Pled Material Misstatements And Scienter In Light Of Sec Order In Parallel Proceeding - Shearman & Sterling

United States: District Of Maryland Denies Motion To Dismiss Securities Fraud Claims Against Sports Apparel Company, Finding Plaintiffs Adequately Pled Material Misstatements And Scienter In Light Of Sec Order In Parallel Proceeding - Shearman & Sterling

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On May 19, 2021, the United States District Court for the District of Maryland denied a motion to dismiss a putative securities class action involving claims brought under Sections 10(b)...

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