Sgarlata v. PayPal Holdings, Inc., 17-cv-06956-EMC. (2018)
Court: District Court, N.D. California
Number: infdco20180312858
Visitors: 13
Filed: Mar. 08, 2018
Latest Update: Mar. 08, 2018
Summary: ORDER RE: MARCH 15, 2018 HEARING Docket No. 14. EDWARD M. CHEN , District Judge . Counsel for all interested parties should be prepared to discuss at the March 15, 2018 hearing how the case should proceed in light of the fact that the sole movant seeking appointment as lead plaintiff, Edwin K. Bell, does not appear to be a member of the proposed class because he only claims to have purchased options for shares. See Compl. 43 ("Plaintiff brings this action as a class action . . . on beh
Summary: ORDER RE: MARCH 15, 2018 HEARING Docket No. 14. EDWARD M. CHEN , District Judge . Counsel for all interested parties should be prepared to discuss at the March 15, 2018 hearing how the case should proceed in light of the fact that the sole movant seeking appointment as lead plaintiff, Edwin K. Bell, does not appear to be a member of the proposed class because he only claims to have purchased options for shares. See Compl. 43 ("Plaintiff brings this action as a class action . . . on beha..
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ORDER RE: MARCH 15, 2018 HEARING
Docket No. 14.
EDWARD M. CHEN, District Judge.
Counsel for all interested parties should be prepared to discuss at the March 15, 2018 hearing how the case should proceed in light of the fact that the sole movant seeking appointment as lead plaintiff, Edwin K. Bell, does not appear to be a member of the proposed class because he only claims to have purchased options for shares. See Compl. ¶ 43 ("Plaintiff brings this action as a class action . . . on behalf of a Class, consisting of all those who purchased or otherwise acquired PayPal common shares . . ."); Pafiti Decl., Docket No. 15, Ex. 1 (notice to investors that case was filed "on behalf of a class consisting of investors who purchased or otherwise acquired common shares of PayPal . . ."). The only other movant, Michael Eckert, has withdrawn his application. See Docket Nos. 10, 18.
IT IS SO ORDERED.
Source: Leagle
