The following excerpt is from Bar Mandalevy v. Bofi Holding, Inc., Case No.: 3:17-cv-00667-GPC-KSC (S.D. Cal. 2018):
(internal quotations omitted). A "corrective disclosure must be relevant to the alleged misrepresentation at issue; it must 'relate back to the misrepresentation and not to some other negative information about the company.'" Id. (quoting Bonnano v. Cellular Biomedicine Grp., Inc., No. 3:15-cv-01795-WHO, 2016 WL 4585753, *3 (N.D. Cal. Sept. 2, 2016)).
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