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Securities
Violations of Exchange Act
Stocks

Cement Masons & Plasterers Joint Pension Trust, individually and on behalf of all others similarly situated v. Equinix Inc., Stephen M. Smith, Keith Taylor

Published: Jul. 20, 2013 | Result Date: Jun. 12, 2013 | Filing Date: Jan. 1, 1900 |

Case number: 3:11-cv-01016-SC Bench Decision –  Dismissal

Court

USDC Northern


Attorneys

Plaintiff

Brian O. O'Mara
(Robbins, Geller, Rudman and Dowd LLP)

Darren J. Robbins
(Robbins, Geller, Rudman & Dowd LLP)

Matthew S. Melamed
(Bleichmar, Fonti & Auld LLP)

Catherine J. Kowalewski

David C. Walton
(Robbins, Geller, Rudman & Dowd LLP)

Shawn A. Williams
(Robbins, Geller, Rudman & Dowd LLP)


Defendant

Catherine D. Kevane
(Fenwick & West LLP)

Kevin P. Muck
(WilmerHale LLP)

Marie C. Bafus
(Fenwick & West LLP)


Facts

The Cement Masons & Plasterers Joint Pension Trust filed a putative class action against Equinix Inc., Stephen Smith, and Keith Taylor alleging that defendants had artificially inflated the price of Equinix stock. Defendants filed a motion to dismiss for failure to state a claim.

Result

The district court granted defendant's motion to dismiss the action with prejudice.


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