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[Proposed] Order Granting Plaintiffs' Motion for Reconsideration, Granting Class Certification, and Appointing Class Representatives and Class Counsel — In re January 2021 Short Squeeze Trading Litigation (Dkt. 668-2, S.D. Fla.)

Summary

A [Proposed] Order Granting Plaintiffs' Motion for Reconsideration, Granting Class Certification, and Appointing Class Representatives and Class Counsel in In re: January 2021 Short Squeeze Trading Litigation, Case 1:21-md-02989-CMA (Case No. 21-2989-MDL-ALTONAGA/Reid, Document 668-2, 2 pages), in the Southern District of Florida, entered May 2, 2024. Plaintiffs moved for reconsideration, based upon a change of law, of the November 13, 2023 Order denying class certification, and for a class of Affected Stocks holders at the close of trading on January 27, 2021 who sold between January 28, 2021 and February 4, 2021. Drafted for entry under the name of Chief U.S. District Judge Cecilia M. Altonaga, the order would grant both motions, appoint Blue Laine-Beveridge and the named Plaintiffs as Class Representatives and The Rosen Law Firm, P.A. as Class Counsel.

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Date
2023-11-13

Cite this document

“[Proposed] Order Granting Plaintiffs' Motion for Reconsideration, Granting Class Certification, and Appointing Class… (Dkt. 668-2).” Original at archive.org, dated 2023-11-13. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/2023-11-13-covid-era-misc/, SHA-256 f6b45e0a9128e80ba9b10d857f7d7c3ff46974a1cc225a978c2528597dee6d97.

Full text

Case 1:21-md-02989-CMA Document 668-2 Entered on FLSD Docket 05/02/2024 Page 1 of 2




                            UNITED STATES DISTRICT COURT
                            SOUTHERN DISTRICT OF FLORIDA

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


     In re: JANUARY 2021 SHORT SQUEEZE
     TRADING LITIGATION                              This Document Relates to: All Actions
                                                     Involving the Federal Securities Laws


               [PROPOSED] ORDER GRANTING PLAINTIFFS’
     MOTION FOR RECONSIDERATION, GRANTING CLASS CERTIFICATION,
      AND APPOINTING CLASS REPRESENTATIVES AND CLASS COUNSEL

           On May 2, 2024, 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”) moved this Court, pursuant to Fed. R. Civ. P. 23(c)(1)(C), for an

    order (1) reconsidering its November 13, 2023, Order denying class certification, based

    upon a change of law; (2) certifying the following class:

           All persons or entities who held common stock in AMC Entertainment
           Holdings, Inc. (“AMC”), Bed Bath & Beyond Inc. (“BBBY”), BlackBerry Ltd.
           (“BB”), Express Inc. (“EXPR”), GameStop Corp. (“GME”), Koss Corp.
           (“KOSS”), Tootsie Roll Industries Inc. (“TR”), or American Depositary
           Shares of foreign-issuers Nokia Corp. (“NOK”) and trivago N.V. (“TRVG”)
           (collectively “the Affected Stocks”) as of the close of trading on January 27,
           2021, and sold any such shares between January 28, 2021, and February 4,
           2021 (“Class Period”). Excluded from the class are those who suffered no
           damages, Defendants, the officers and directors of Defendants, members of
           their immediate families and their legal representatives, heirs, successors
           or assigns and any entity in which Defendants or any excluded persons have
           or had a controlling interest;
    (3) appointing Abraham Huacuja, Ava Bernard, Blue Laine-Beveridge, Brendan Clarke,
    Brian Harbison, Cecilia Rivas, Doi Nguyen, Joseph Gurney, Marcel Poirier, Sandy Ng,
    Santiago Gil Bohórquez, and Thomas Cash as its Representatives; and (4) appointing The
    Rosen Law Firm, P.A. as Class Counsel.
Case 1:21-md-02989-CMA Document 668-2 Entered on FLSD Docket 05/02/2024 Page 2 of 2




          Having considered the moving and opposing papers, the arguments of counsel and

    all other matters presented to this Court, and good cause appearing therefor:

          IT IS HEREBY ORDERED that Plaintiffs’ Motion for Reconsideration is

    GRANTED; Plaintiffs’ Motion for Class Certification is GRANTED; Plaintiffs Abraham

    Huacuja, Ava Bernard, Blue Laine-Beveridge, Brendan Clarke, Brian Harbison, Cecilia

    Rivas, Doi Nguyen, Joseph Gurney, Marcel Poirier, Sandy Ng, Santiago Gil Bohórquez,

    and Thomas Cash are appointed as Class Representatives; and The Rosen Law Firm, P.A.

    is appointed as Class Counsel.

    IT IS SO ORDERED.

          DATED this ______ day of _______ 2024.


                                                   The Honorable Cecilia M. Altonaga
                                                   Chief United States District Judge




                                               2

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Original
archive.org
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