In re Garrett Motion Inc. Securities Litigation
- 1:20-cv-07992
- U.S. District Court · Southern District of New York
- 1
In re Garrett Motion Inc. Securities Litigation was dismissed after a failed amendment; the court found further amendment unwarranted and closed the case.
The plaintiffs’ securities-litigation claims were dismissed, and the case was closed.
What happened
In In re Garrett Motion Inc. Securities Litigation, the court dismissed the plaintiffs’ Third Amended Complaint. The judgment says the plaintiffs had already been given an opportunity to plead fraud more specifically but failed to do so.
The court concluded that allowing another amendment was not warranted. The judgment does not say that the dismissal was with or without prejudice.
The case was closed, according to the judgment entered by the court on March 31, 2023.
The detailed version
- In re Garrett Motion Inc. Securities Litigation · No. 1:20-cv-07992
- Mar. 31, 2023
Background
The judgment concerns the plaintiffs’ Third Amended Complaint in a securities-litigation case. It refers to the court’s separate Opinion and Order dated March 31, 2023, which supplied the reasons for the judgment. That earlier opinion is not included in the provided text.
Ruling
The court dismissed the plaintiffs’ Third Amended Complaint. The judgment states that the plaintiffs had been given an opportunity to amend their pleading to allege fraud with greater specificity, but had failed to do so. The court therefore concluded that further leave to amend—the opportunity to file another amended complaint—was not warranted. The judgment does not state that the dismissal was with or without prejudice.
Disposition
The case was closed. The provided judgment is dated March 31, 2023, and was entered by the clerk of the Southern District of New York. Because the text describes dismissal based on failure to plead fraud with sufficient specificity and does not provide the earlier opinion’s analysis, this is classified as a procedural order.
Read the full 1-page opinion on CourtListener, the free public archive maintained by the Free Law Project.