View Investor Suit Goes on Over Denied Lead Plaintiff’s Stay Bid

April 12, 2022, 6:56 PM UTC

A View Inc. investor isn’t entitled to have a securities fraud case put on hold while she seeks reversal of an order denying her the lead plaintiff role, a federal district judge in California said.

Sweta Sonthalia sought a stay pending action from the U.S. Court of Appeals for the Ninth Circuit on her argument that she should take the lead in the would-be class case against the smart-window glassmaker.

She failed to show a stay is appropriate, but she can still ask the appellate court to impose its own pause, the U.S. District Court for the Northern District of ...

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