Justice Brett M. Kavanaugh emphasized that overcoming the motion to dismiss is crucial, stating, 'Just to put the real world into this for a second, getting past the motion to dismiss is kind of—it’s the game, right?' This highlights the strategic importance of such motions in securities fraud lawsuits.
Neal K. Katyal, representing Nvidia, argued that the plaintiffs failed to meet the 1995 Private Securities Litigation Reform Act's requirements, saying they did not adequately specify which statements were false and lacked the necessary inference of knowledge by company officials.
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