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Joint Stipulation of Voluntary Dismissal with Prejudice — In re January 2021 Short Squeeze Trading Litigation (Dkt. 725)

Date
2025-01-29

Full text

UNITED STATES DISTRICT COURT
SOUTHERN DISTRICT OF FLORIDA

CASE NO. 21-MDL-02989-ALTONAGA

In re:

JANUARY 2021 SHORT SQUEEZE
TRADING LITIGATION
_________________________________/

This Document Relates to the Federal Securities Tranche

JOINT STIPULATION OF VOLUNTARY DISMISSAL WITH PREJUDICE

Plaintiffs Abe Kurdi, Eric Quat, Igor Kravchenko, Jordan Krumenacker, Michael
McFadden, Michael Ross, Teodoro Russell Pueyrredon, and Tenzin Woiser (“Plaintiffs”) and
Defendants Robinhood Markets, Inc., Robinhood Securities, LLC and Robinhood Financial LLC
(collectively, “Robinhood” or “Defendants”), by and through their respective counsel, hereby
stipulate as follows:
WHEREAS, one or more disputes arose between Plaintiffs and Robinhood (collectively,
the “Parties”), including in the litigations styled Quat v. Robinhood Financial LLC, No. 21-cv-
21404 (S.D. Fla.) and Krumenacker v. Robinhood Financial LLC, No. 21-cv-21343 (S.D. Fla.),
both of which were transferred to In re January 2021 Short Squeeze Trading Litigation, Case No.
1:21-md-02989 (S.D. Fla.) (the “Action”);
NOW, THEREFORE, Plaintiffs1 and Defendants hereby stipulate, pursuant to Federal
Rule of Civil Procedure 41(a)(1)(A)(ii), and voluntarily agree, to the dismissal of Plaintiffs’ claims

1 This Stipulation does not apply to the claims of Plaintiff Aaron Fassinger, a Plaintiff in the Quat
v. Robinhood Financial LLC, No. 21-cv-21404 (S.D. Fla.) matter.  At this time, this Stipulation
represents only a partial dismissal of the Quat matter with regards to the individual claims of the
Plaintiffs specifically named herein, as Plaintiff Fassinger may continue to pursue his claims
against Defendants.
Case 1:21-md-02989-CMA   Document 725   Entered on FLSD Docket 01/29/2025   Page 1 of 2

2

with prejudice in the Action against all Defendants. The Parties hereby further stipulate and agree
to the following terms of the dismissal: (1) neither side will seek costs nor fees from the other; (2)
all parties acknowledge that each have complied with Rule 11 and waive any arguments with
respect thereto; and (3) the Court shall retain jurisdiction for the sole purpose of enforcing the
agreements entered into by Plaintiffs with Defendants to dismiss Plaintiffs’ individual claims.

BURSOR & FISHER, P.A.

HUNTON ANDREWS KURTH LLP
/s/ Sarah N. Westcot

/s/ Samuel A. Danon
Sarah N. Westcot (FBN 1018272)
701 Brickell Avenue, Suite 2100
Miami, FL 33131
Telephone: 305-330-5512
E-Mail: swestcot@bursor.com

Counsel for Plaintiffs

Samuel A. Danon (FBN 892671)
Maria Castellanos Alvarado (FBN 116545)
Tom K. Schulte (FBN 1025692)
333 S.E. 2nd Avenue, Suite 2400
Miami, Florida 33131
Telephone: (305) 810-2500
Email: sdanon@huntonak.com
Email: mcastellano@huntonak.com
Email: tschulte@huntonak.com

CRAVATH, SWAINE & MOORE LLP
Antony L. Ryan (pro hac vice)
Kevin J. Orsini (pro hac vice)
Brittany L. Sukiennik (pro hac vice)
Two Manhattan West
375 Ninth Avenue
New York, NY 10001
Telephone: (212) 474-1000
Email: aryan@cravath.com
Email: korsini@cravath.com
Email: bsukiennik@cravath.com

Counsel for Defendants

IT IS SO STIPULATED, THROUGH COUNSEL OF RECORD.

Dated:     January 29, 2025

Respectfully submitted,
Case 1:21-md-02989-CMA   Document 725   Entered on FLSD Docket 01/29/2025   Page 2 of 2

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