Lifevoxel Virginia Spv, LLC v. lifevoxel.ai, Inc.
- Area
- civil
- Appeal from
- LifeVoxel Virginia SPV, LLC v. Marschall (2023-05-30); LifeVoxel Virginia SPV, LLC v. Marschall (2024-05-07); LifeVoxel Virginia SPV, LLC v. LifeVoxel.AI, Inc. (2024-12-30) — the district court's orders on this docket in the record
Analysis
No analysis yet. When one exists it is a model's reading of this opinion — the rulings it reviewed, whether it agrees with the court, and the authorities it checked — shown beside the court's own disposition, never in place of it. How analyses are made.
Opinion
FOR PUBLICATION FILED UNITED STATES COURT OF APPEALS JUN 17 2026 MOLLY C. DWYER, CLERK U.S. COURT OF APPEALS FOR THE NINTH CIRCUIT LIFEVOXEL VIRGINIA SPV, LLC, an No. 25-613 individual; SCOTT MARSCHALL; D.C. No. DEBBIE GALLO; KEVIN SINAGRA; 3:22-cv-01917-GPC-MMP SCOTT POOLE; PETER BERSHATSKY, Southern District of California, San Diego Plaintiffs - Appellants, ORDER v. LIFEVOXEL.AI, INC., a Delaware corporation; KOVEY KOVALAN; LINH LE, an individual, Defendants - Appellees.
Before: Kim McLane Wardlaw, John B. Owens, Ana de Alba, Circuit Judges.
Amici are invited to submit letter briefs, not to exceed 7,000 words, in response to one or both of the following topics:
1. Whether and how SAFE Notes can be valued before the occurrence of a conversion event, including any industry-standard valuation methods for outstanding SAFE Notes.
2. Whether the district court erred by concluding that, in the context of a § 10(b) claim, a plaintiff must “plead[] that a conversion event is impossible” to establish the required element of loss causation “in the context of a SAFE Note investment.” See LifeVoxel Virginia SPV, LLC v. Lifevoxel.AI, Inc., 2024 WL 5264872, at *6–7 (S.D. Cal. Dec. 30, 2024).
Briefing should be submitted no later than July 10, 2026, and must comply with Fed. R. App. P. 29.
IT IS SO ORDERED.
2 25-613