Sgarlata v. PayPal Holdings, Inc., 17-cv-06956-EMC. (2018)
Court: District Court, N.D. California
Number: infdco20180228b87
Filed: Feb. 27, 2018
Latest Update: Feb. 27, 2018
Summary: ORDER FOR SUPPLEMENTAL BRIEFING RE: MOVANT BELL'S APPLICATION Docket No. 14. EDWARD M. CHEN , District Judge . Movant Bell appears to have purchased securities in PayPal on November 28, 2017 and December 1, 2017, after PayPal allegedly suspended its TIO services on November 10, 2017 and disclosed the breach of personally identifiable information on December 1, 2017. See Compl. 5, 6; Pafiti Decl., Ex. C. Moreover, the securities are in the form of option contracts rather than stock. Mo
Summary: ORDER FOR SUPPLEMENTAL BRIEFING RE: MOVANT BELL'S APPLICATION Docket No. 14. EDWARD M. CHEN , District Judge . Movant Bell appears to have purchased securities in PayPal on November 28, 2017 and December 1, 2017, after PayPal allegedly suspended its TIO services on November 10, 2017 and disclosed the breach of personally identifiable information on December 1, 2017. See Compl. 5, 6; Pafiti Decl., Ex. C. Moreover, the securities are in the form of option contracts rather than stock. Mov..
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ORDER FOR SUPPLEMENTAL BRIEFING RE: MOVANT BELL'S APPLICATION
Docket No. 14.
EDWARD M. CHEN, District Judge.
Movant Bell appears to have purchased securities in PayPal on November 28, 2017 and December 1, 2017, after PayPal allegedly suspended its TIO services on November 10, 2017 and disclosed the breach of personally identifiable information on December 1, 2017. See Compl. ¶¶ 5, 6; Pafiti Decl., Ex. C. Moreover, the securities are in the form of option contracts rather than stock. Movant Bell is directed to file a supplemental brief not to exceed 5 pages by Friday, March 2, 2018 discussing what effect, if any, the timing and nature of his security interest has on typicality and adequacy, including with respect to reliance.
IT IS SO ORDERED.
Source: Leagle
