Class Action
Feb. 7, 2025
Walnut farmer v German investment group in lead plaintiff race
A California walnut farmer and a German investment group compete for lead plaintiff in a Super Micro class action, raising questions about investment patterns and plaintiff suitability.
In behind-the-scenes drama before the curtain rises on a stock-drop class action targeting a Silicon Valley tech company, a Central Valley walnut farmer is facing off against a large German investment group over who gets to be lead plaintiff.
As the row intensified, a federal judge in San Jose noted that the walnut farmer is presumptively in the lead, but the German group has raised serious questions about his fitness for that role.
It's all part of what a scholar of ...
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