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As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.Articles
Davis Polk securities litigation victory for IREN earns AmLaw “Litigator of the Week” shout out
Davis Polk partners Edmund Polubinski and Mari Grace, counsel Vincent Barredo and David Toscano and associates Paulina Perlin and Nerenda Atako received a shout-out in AmLaw Litigation Daily’s “Litigator of the Week” column for securing the dismissal with prejudice of a putative securities class action against Bitcoin miner IREN Limited in the District of New Jersey.
Ninth Circuit Says Improper Drug Marketing Slogan Does Not Suffice To Plead Exchange Act Claim
On August 20, 2025, a Ninth Circuit panel affirmed the dismissal of a putative securities class action against a pharmaceutical company.It found that while the Food and Drug Administration concluded that the company's marketing was not fair and balanced, the improper marketing did not suffice to establish either falsity or scienter for a federal securities claim. In March 2019, pharmaceutical manufacturer Talphera, Inc.
Ninth Circuit Rejects Securities Fraud Claim Involving Ambiguous Tech Lingo
On November 19, 2024, a Ninth Circuit panel affirmed the dismissal of a securities fraud action alleging that Cloudera and its officers made false and misleading statements regarding the technical capabilities of Cloudera's products. The panel found that because the plaintiff failed to plead facts establishing what "cloud-native" and "cloud architecture" meant—and that the terms have no plain meaning—the plaintiff could not plead that statements about those topics were false or misleading.
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