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Mediation Report — In re January 2021 Short Squeeze Trading Litigation (Dkt. 563, S.D. Fla.)

Summary

A Mediation Report (Document 563) in In re January 2021 Short Squeeze Trading Litigation, Case 1:21-md-02989-CMA (Case No. 21-2989-MDL-ALTONAGA/Damian), in the U.S. District Court for the Southern District of Florida, relating to the Federal Securities Tranche, dated May 24, 2023 and entered on the FLSD docket the same day. Submitted jointly under the Court's mediation Orders (Dkt. Nos. 517, 523), the two-page report states that on May 17, 2023 counsel for Lead Plaintiff Blue Laine-Beveridge and the named plaintiffs and for the Robinhood defendants met for an in-person mediation session with Robert A. Meyer, Esq. of JAMS, and that the Parties failed to reach an agreement. It is signed /s/ Laurence M. Rosen of The Rosen Law Firm, P.A. for Lead Plaintiff and /s/ Samuel A. Danon of Hunton Andrews Kurth LLP for Defendants.

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Date
2022-10-11

Cite this document

“Mediation Report (Dkt. 563).” Original at archive.org, dated 2022-10-11. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/2022-10-11-covid-era-misc-a95fb3e6-1/, SHA-256 a95fb3e6091f10ee850a9ffa51262565a5dd67f24e4383f7ef5af900e0f41321.

Full text

Case 1:21-md-02989-CMA Document 563 Entered on FLSD Docket 05/24/2023 Page 1 of 2




                              UNITED STATES DISTRICT COURT
                              SOUTHERN DISTRICT OF FLORIDA

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

      In re:

      JANUARY 2021 SHORT SQUEEZE
      TRADING LITIGATION
      _____________________________________/

      This Document Relates to the Federal Securities Tranche

                                       MEDIATION REPORT

                     Pursuant to the Court’s October 11, 2022 and October 31, 2022 Orders

      requiring mediation and scheduling a mediation conference (see Dkt. Nos. 517, 523), the

      Parties respectfully and jointly submit this status report.

                     On May 17, 2023, counsel for Lead Plaintiff Blue Laine-Beveridge and

      the plaintiffs named in the Amended Consolidated Class Action Complaint (collectively,

      “Plaintiffs”), and defendants Robinhood Markets, Inc., Robinhood Financial LLC and

      Robinhood Securities, LLC (collectively, “Defendants”), met for an in-person mediation

      session with Robert A. Meyer, Esq. of JAMS. The Parties failed to reach an agreement.
Case 1:21-md-02989-CMA Document 563 Entered on FLSD Docket 05/24/2023 Page 2 of 2




       Dated: May 24, 2023                     Respectfully submitted,


       /s/ Laurence M. Rosen                   /s/ Samuel A. Danon
       THE ROSEN LAW FIRM, P.A.                HUNTON ANDREWS KURTH LLP
       Laurence M. Rosen, Esq. (FBN 0182877)   Samuel A. Danon, Esq. (FBN 892671)
       Phillip Kim, Esq.                       María Castellanos Alvarado, Esq. (FBN
       Robin Howald, Esq.                      116545)
       Jonathan Stern, Esq.                    333 S.E. 2 Avenue, Suite 2400
       Brent LaPointe, Esq.                    Miami, FL 33131
       Michael Cohen, Esq.                     Telephone: (305) 810-2500
       275 Madison Avenue, 40th Floor          Facsimile: (305) 810-2460
       New York, New York 10016                sdanon@huntonak.com
       Telephone: (212) 686-1060               mcastellanos@hunton.com
       Facsimile: (212) 202-3827
       lrosen@rosenlegal.com                   CRAVATH, SWAINE & MOORE LLP
       pkim@rosenlegal.com                     Antony L. Ryan, Esq.
       rhowald@rosenlegal.com                  Kevin J. Orsini, Esq.
       jstern@rosenlegal.com                   Brittany L. Sukiennik, Esq.
       blapointe@rosenlegal.com                Worldwide Plaza
       mcohen@rosenlegal.com                   825 Eighth Avenue
                                               New York, NY 10019-7475
       Counsel for Lead Plaintiff              Telephone: (212) 474-1000
                                               Facsimile: (212) 474-3700
                                               aryan@cravath.com
                                               korsini@cravath.com
                                               bsukiennik@cravath.com

                                               Attorneys for Defendants Robinhood
                                               Markets, Inc., Robinhood Financial LLC
                                               and Robinhood Securities, LLC


File and source

File
gov.uscourts.flsd.590042.563.0.pdf
Size
136,971 bytes
SHA-256
a95fb3e6091f10ee850a9ffa51262565a5dd67f24e4383f7ef5af900e0f41321
Our copy
gov.uscourts.flsd.590042.563.0.pdf
Original
archive.org
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