United States: Southern District Of New York Dismisses Putative Class Action Against Cryptocurrency Mining Hardware Manufacturer For Failure To Allege Loss Causation And Materiality - Shearman & Sterling LLP

United States: Southern District Of New York Dismisses Putative Class Action Against Cryptocurrency Mining Hardware Manufacturer For Failure To Allege Loss Causation And Materiality - Shearman & Sterling LLP

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On July 8, 2021, Judge J. Paul Oetken of the United States District Court for the Southern District of New York dismissed a putative securities class action against a Chinese manufacturer...

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