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U.S. District Judge Paul Oetken in Manhattan said AstraZeneca shareholders in the proposed class action failed to identify any misleading statements, or adequately allege that the company intended to defraud them.
Oetken dismissed the lawsuit with prejudice, meaning it cannot be brought again.
Lawyers for the shareholders did not immediately respond to requests for comment. AstraZeneca and its lawyers did not immediately respond to similar requests.
The case is In re AstraZeneca Plc Securities Litigation, U.S. District Court, Southern District of New York, No. 21-00722.
