[Proposed] Order Lifting The Discovery Stay For Limited Purpose

Summary

A [Proposed] Order Lifting the Discovery Stay for Limited Purpose in In re: January 2021 Short Squeeze Trading Litigation, Case 1:21-md-02989-CMA (Case No. 21-2989-MDL-ALTONAGA/Torres), in the U.S. District Court for the Southern District of Florida, entered August 17, 2021 as Document 384-1 (1 page), relating to the Non-Federal Securities Actions. The proposed order, drafted for entry by Chief U.S. District Judge Cecilia M. Altonaga, would find good cause for Plaintiffs' Motion to Lift the Discovery Stay for the Limited Purpose of issuing The Depository Trust & Clearing Corporation (DTCC) a subpoena under Fed. R. Civ. P. 45. The order would lift the stay of discovery in the non-federal securities actions solely to allow Plaintiffs to issue DTCC a Rule 45 subpoena commanding the production of records within the scope of the Court's June 3, 2021 Order [ECF No. 323].

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Full text

UNITED STATES DISTRICT COURT
SOUTHERN DISTRICT OF FLORIDA

CASE NO. 21-2989-MDL-ALTONAGA/Torres

IN RE:

JANUARY 2021 SHORT SQUEEZE
TRADING LITIGATION
____________________________________/

This Document Relates to the Non-Federal Securities Actions

[PROPOSED] ORDER LIFTING THE DISCOVERY STAY FOR LIMITED PURPOSE
THIS CAUSE came before the Court upon Plaintiffs’ Motion to Lift the Discovery Stay for the
Limited Purpose of issuing The Depository Trust & Clearing Corporation (“DTCC”) a subpoena
pursuant to Fed. R. Civ. P. 45 (“Rule 45”) commanding the production of records within the scope of
the Court’s June 3, 2021 Order [ECF No. 323] (the “Motion”). The Court having considered the Motion,
finding good cause for the requested relief, and being otherwise duly advised in the premises, it is
hereupon
ORDERED AND ADJUDGED that:
The stay of discovery in the non-federal securities actions is lifted for the limited purpose of
allowing Plaintiffs to issue DTCC a Rule 45 subpoena commanding the production of records within
the scope of the Court’s June 3, 2021 Order [ECF No. 323].

DONE AND ORDERED in Miami, Florida, on this           day of                               , 2021.

____________________________________
CECILIA M. ALTONAGA
CHIEF UNITED STATES DISTRICT JUDGE

cc:  counsel of record
Case 1:21-md-02989-CMA   Document 384-1   Entered on FLSD Docket 08/17/2021   Page 1 of 1

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