Zaneta Kim

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Ninth Circuit Affirms Stitch Fix Win

October 26, 2022

Cooley secured a win on behalf of Stitch Fix when the Ninth Circuit affirmed the district court's dismissal of a securities class action alleging that the company made misleading statements about its active client growth and television advertising efforts. The Cooley team argued that the plaintiff’s interpretation of the challenged statements was not reasonable, stating that it wasn’t a matter of how specific their allegations were, but rather that the statements should not be read the way the plaintiff was asking the court to read them.

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Patrick Gibbs
Partner, Palo Alto
Samantha Kirby
Associate, Palo Alto
Zaneta Kim
Associate, Palo Alto

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