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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 Actions in the
Other Broker Tranche
ORDER
THIS CAUSE came before the Court sua sponte. On June 2, 2022, the Judicial Panel on
Multidistrict Litigation (JPML) entered a Transfer Order [ECF No. 475] transferring the action
styled Chavez v. Apex Clearing Corporation, No. 1:22-cv-01233 (S.D.N.Y. 2022), to this Court
for consolidated pretrial proceedings. (See Transfer Order 3). As the JPML observed, the Court
previously entered an Order dismissing an action involving the same claims and same parties as
the transferred case. (See id. 2; Jan. 10, 2022 Order [ECF No. 450]). Collectively, those parties
and claims comprised the “Other Broker Tranche” previously created by the Court to facilitate
pretrial proceedings. (See May 18, 2021 Order [ECF No. 310] 1–2).
Accordingly, it is ORDERED that the newly transferred action (Chavez v. Apex Clearing
Corporation, No. 1:22-cv-21747 (S.D. Fla. 2022)) shall again comprise the “Other Broker
Tranche,” with the parties and attorneys therein assuming the same positions that they occupied
prior to the January 10, 2022 Order [ECF No. 450] dismissing the case without prejudice. The
parties and attorneys are required to comply with all previously entered Orders on the MDL docket
(Civil Action No. 21-md-02989). Plaintiffs, Erik Chavez and Peter Jang, shall file their
Case 1:21-md-02989-CMA Document 478 Entered on FLSD Docket 06/09/2022 Page 1 of 2
CASE NO. 21-2989-MDL-ALTONAGA/Torres
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Complaint1 on the MDL docket on or before June 10, 2022. Defendant, Apex Clearing
Corporation shall file its response to the Complaint on or before June 17, 2022. If Defendant files
a motion to dismiss, the parties shall brief the motion in accordance with the requirements of,
including the time limits set by, the Local Rules.
DONE AND ORDERED in Miami, Florida, this 8th day of June, 2022.
________________________________________
CECILIA M. ALTONAGA
CHIEF UNITED STATES DISTRICT JUDGE
cc:
counsel of record;
Pro Se Plaintiffs
1 The Complaint is currently on file in the member case. (See Chavez v. Apex Clearing Corp., No. 1:22-
cv-21747, Compl. [ECF No. 4] filed Feb. 15, 2022 (S.D. Fla. 2022)).
Case 1:21-md-02989-CMA Document 478 Entered on FLSD Docket 06/09/2022 Page 2 of 2