Security News
Northern District Of Georgia Grants Motion To Dismiss Securities Class Action Against Bicycle Parts Manufacturing Company
UnknownMar 3, 2026(about 2 hours ago)
A securities class action against a bicycle parts manufacturing company was dismissed by the Northern District of Georgia.
On February 10, 2026, Judge Thomas W. Thrash, Jr. of the United States District Court for the Northern District of Georgia granted a motion to dismiss a proposed securities class action against a vehicle and bicycle components manufacturer (the “Company”) and several of its current and former officers (collectively, the “Defendants”), alleging violations of Section 10(b) and Section 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”) and Rule 10b-5. Marselis v. Fox Factory Holding... By: A&O Shearman