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Declaration Of Laurence M. Rosen In Further Support Of The

Date
2023-04-06

Full text

1

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: All Actions Involving the Federal Securities Laws

DECLARATION OF LAURENCE M. ROSEN IN FURTHER SUPPORT OF THE
MOTION TO CONSOLIDATE AND DISCONTINUE THE NOTICED
LEAD PLAINTIFF PROCESS AS MOOT

Laurence M. Rosen hereby declares under penalty of perjury:
1.
I am the Managing Partner of The Rosen Law Firm, P.A., Lead Counsel for Lead
Plaintiff Blue Laine-Beveridge, named plaintiffs Abraham Huacuja, Ava Bernard, Brendan
Clarke, Brian Harbison, Cecilia Rivas, Doi Nguyen, Joseph Gurney, Marcel Poirier, Sandy Ng,
Santiago Gil Bohórquez, and Thomas Cash (collectively “Plaintiffs” or “Proposed Class
Representatives”). I make this Declaration in further support of the Plaintiffs’ motion to: (1)
consolidate a putative federal securities class action transferred to this Court by the JMDL Panel,
styled Maurice Scarborough et al v. Robinhood Financial LLC et al., No. 23-02622, originally
filed in the Central District of California on April 6, 2023 (the “Scarborough Action”), with the
other cases in the Federal Securities Laws Tranche; and (2) discontinue as moot the noticed lead
plaintiff process with respect to the Scarborough Action.
2.
I am an attorney duly licensed to practice in the State of Florida and before this
Court. I have personal knowledge of the matters set forth herein and, if called upon, I could and
would completely testify thereto.
3.
Attached hereto as Exhibit F is a true and correct copy of a notice issued pursuant
to the Private Securities Litigation Reform Act of 1995 (“PSLRA”) in Halman Aldubi Provident
& Pension Funds Ltd. v. Teva Pharm. Indus. Ltd., 529 F. Supp. 3d 385 (E.D. Pa. 2021).
Case 1:21-md-02989-CMA   Document 577-1   Entered on FLSD Docket 06/16/2023   Page 1 of 3

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4.
Attached hereto as Exhibit G is a true and correct copy of a PSLRA early notice
issued in In re New Oriental Educ. & Tech. Grp. Secs. Litig., 293 F.R.D. 483 (S.D.N.Y. 2013).
5.
Attached hereto as Exhibit H is a true and correct copy of a PSLRA early notice
issued in Hall v. Medicis Pharm. Corp., 2009 WL 648626 (D. Ariz. Mar. 11, 2009).
6.
Attached hereto as Exhibit I is a true and correct copy of a PSLRA early notice
issued in Khunt v. Alibaba Grp. Holding Ltd., 102 F. Supp. 3d 523 (S.D.N.Y. 2015).
7.
Attached hereto as Exhibit J is a true and correct copy of a PSLRA early notice
issued in In re Bank of Am. Corp. Secs., Derivative & ERISA Litig., 258 F.R.D. 260 (S.D.N.Y. 2009).

I declare under the penalty of perjury, under the laws of the United States of America, that
the foregoing is true and correct.

Executed: June 16, 2023

THE ROSEN LAW FIRM, P.A.

/s/Laurence M. Rosen

Laurence M. Rosen, Esq., Fla. Bar No. 0182877

Case 1:21-md-02989-CMA   Document 577-1   Entered on FLSD Docket 06/16/2023   Page 2 of 3

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CERTIFICATE OF SERVICE

I hereby certify that on June 16, 2023, a true and correct copy of the foregoing document
was served by CM/ECF to the parties registered to the Court’s CM/ECF system.

/s/Laurence M. Rosen

Case 1:21-md-02989-CMA   Document 577-1   Entered on FLSD Docket 06/16/2023   Page 3 of 3

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