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The U.S. District Court for the Northern District of California Denies Fitbit’s Motion to Dismiss Investors’ Exchange Act Violation Claims
1 Mar 2017, 5:00 am by Elaine Nolen
Fitbit Inc. and Fitbit control persons James Park, William Zerella, and Eric Friedman, (collectively “Defendants”) filed a motion to dismiss claims made against them under the Exchange Act in connection with Fitbit’s marketing of its heart rate monitoring devices and its initial public offering (“IPO”). [read post]
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