Column: 9th Circuit punts on viability of ‘snap' removals but bars ‘super snaps' [Reuters]
DexCom, Inc. (DXCM)
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Source: Reuters
removal,” a controversial but increasingly common defense tactic to shift cases from state to federal court. The appeals court ended up ducking any final decision on the viability of snap removals in its ruling New Tab , opens new tab in consolidated appeals by diabetes equipment supplier Dexcom (DXCM.O) New Tab , opens new tab . But that's only because Dexcom tried to pull off an even more aggressive tactic, attempting to shift three product liability suits from San Diego Superior Court to federal court before the cases were even formally docketed in the California state court system. That's a no go, according to the 9th Circuit, which coined the phrase "super snap removal” to describe Dexcom's strategy. The appeals court held, in a matter of first impression in the circuit, that a case is considered to be filed in California state court when it is “processed and endorsed or otherwise acknowledged as officially filed by the clerk of the court.” So Dexcom's attempt to remove
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News
- Here's Why DexCom (DXCM) is a Strong Growth Stock [Yahoo! Finance]Yahoo! Finance
- DexCom First Quarter 2024 Earnings: Beats Expectations [Yahoo! Finance]Yahoo! Finance
- No Rate Cuts? No Worries. Uncle Sam Has Dough to Disburse. [Yahoo! Finance]Yahoo! Finance
- DexCom, Inc. (NASDAQ: DXCM) had its price target raised by analysts at Raymond James from $151.00 to $160.00. They now have a "strong-buy" rating on the stock.MarketBeat
- DexCom, Inc. (NASDAQ: DXCM) had its price target raised by analysts at Canaccord Genuity Group Inc. from $144.00 to $145.00. They now have a "buy" rating on the stock.MarketBeat
DXCM
Earnings
- 4/25/24 - Beat
DXCM
Sec Filings
- 4/25/24 - Form 10-Q
- 4/25/24 - Form 8-K
- 4/23/24 - Form 144
- DXCM's page on the SEC website