purpose of enforcing the agreement entered by Plaintiff with Defendants to dismiss Plaintiff’s (dated 2024-10-08)

Summary

An Order in In re: January 2021 Short Squeeze Trading Litigation, Case No. 21-02989-MDL-ALTONAGA (Case 1:21-md-02989-CMA, Document 705), United States District Court for the Southern District of Florida, entered on the FLSD docket October 9, 2024, relating to the actions in the Federal Securities Tranche. The two-page order, on the Joint Stipulation of Voluntary Dismissal with Prejudice [ECF No. 703] filed October 8, 2024 by Plaintiff Damon Muncy and Robinhood Markets, Inc., Robinhood Securities, LLC and Robinhood Financial LLC, dismisses all claims brought by Muncy with prejudice, with each party to bear its own costs, and retains jurisdiction for the sole purpose of enforcing the agreement to dismiss Muncy's individual claims. Done and ordered in Miami, Florida, on October 8, 2024, the order carries the name and title of Chief United States District Judge Cecilia M. Altonaga.

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Full text

Case 1:21-md-02989-CMA Document 705 Entered on FLSD Docket 10/09/2024 Page 1 of 2




                                UNITED STATES DISTRICT COURT
                                SOUTHERN DISTRICT OF FLORIDA

                                CASE NO. 21-02989-MDL-ALTONAGA

   In re:

   JANUARY 2021 SHORT SQUEEZE
   TRADING LITIGATION
   _________________________________/

   This Document Relates to the Actions in the Federal Securities Tranche

                                                 ORDER

            THIS CAUSE came before the Court on Plaintiff, Damon Muncy and Defendants,

   Robinhood Markets, Inc., Robinhood Securities, LLC and Robinhood Financial LLC’s

   (“Robinhood[’s]”) Joint Stipulation of Voluntary Dismissal with Prejudice [ECF No. 703], filed

   on October 8, 2024.

            According to the Stipulation, Plaintiff and Robinhood have agreed to a voluntary dismissal

   of all claims with prejudice. (See id. 1). Each party shall bear its own costs. (See id.). All parties

   have acknowledged that the other has complied with Rule 11 and waive any arguments related

   thereto. (See id.). The parties have agreed that the Court shall retain jurisdiction for the sole

   purpose of enforcing the agreement entered by Plaintiff with Defendants to dismiss Plaintiff’s

   individual claims. (See id.).

            Being fully advised, it is

            ORDERED AND ADJUDGED as follows:

            1. All claims brought by Plaintiff Damon Muncy are DISMISSED with prejudice.

            2. The Court retains jurisdiction for the sole purpose of enforcing the agreement entered

   into by Plaintiff with Defendants to dismiss Plaintiff’s individual claims.
Case 1:21-md-02989-CMA Document 705 Entered on FLSD Docket 10/09/2024 Page 2 of 2

                                                  CASE NO. 21-02989-MDL-ALTONAGA


         DONE AND ORDERED in Miami, Florida, this 8th day of October, 2024.



                                         ________________________________________
                                         CECILIA M. ALTONAGA
                                         CHIEF UNITED STATES DISTRICT JUDGE

   cc:   counsel of record




                                            2


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