In re Netflix, Inc. Securities Litigation
Plaintiff: Fiyyaz Pirani and Cleveland Bakers and Teamsters Pension Fynd
Defendant: Netflix, Inc., Reed Hastings, Ted Sarandos, Spencer Neumann and Gregory Peters
Petitioner: Ty Correy
Consolidated Plaintiff: Cleveland Bakers and Teamsters Pension Fund
Case Number: 4:2022cv02672
Filed: May 3, 2022
Court: US District Court for the Northern District of California
Presiding Judge: Donna M Ryu
Referring Judge: Jon S Tigar
Nature of Suit: Securities/Commodities
Jury Demanded By: Plaintiff
Docket Report

This docket was last retrieved on January 5, 2024. A more recent docket listing may be available from PACER.

Date Filed Document Text
December 12, 2022 Filing 30 AMENDED COMPLAINT against Reed Hastings, Netflix, Inc., Spencer Neumann, Gregory Peters, Ted Sarandos. Filed by Fiyyaz Pirani. (Prongay, Robert) (Filed on 12/12/2022) Modified on 12/16/2022 (anj, COURT STAFF).
October 21, 2022 Opinion or Order Filing 29 ORDER granting #28 Stipulation regarding filing Schedule: Lead Plaintiff shall file Amended Complaint by 12/12/2022; Defendants shall file their Motion to Dismiss by 2/10/2023; Lead Plaintiff shall file Opposition by 3/27/2023; Defendants shall file their Reply by 4/26/2023. Signed by Judge Jon S. Tigar on 10/21/2022. (ig, COURT STAFF) (Filed on 10/21/2022)
October 20, 2022 Filing 28 STIPULATION WITH PROPOSED ORDER REGARDING FILING SCHEDULE filed by Fiyyaz Pirani, Ty Correy, Reed Hastings, Nexflix, Inc., Spencer Neumann, Gregory Peters and Ted Sarandos. (Linehan, Charles) (Filed on 10/20/2022) Modified on 10/21/2022 (jml, COURT STAFF).
October 11, 2022 Opinion or Order Filing 27 ORDER CONSOLIDATING CASES AND APPOINTING LEAD PLAINTIFF AND LEAD COUNSEL * AS MODIFIED * by Judge Jon S. Tigar granting (18) Motion to Appoint Lead Plaintiff and Lead Counsel ; granting (18) Motion to Consolidate Cases; granting (20) Motion to Consolidate Cases; granting (21) Motion to Consolidate Cases in case 4:22-cv-02672-JST. (mll, COURT STAFF) (Filed on 10/11/2022)
September 21, 2022 Filing 26 CLERK'S NOTICE VACATING MOTION HEARING. Before the Court are the Motions to Appoint Lead Plaintiff and Lead Counsel and to Consolidate Cases. ECF Nos. #18 , #20 , #21 . Pursuant to Federal Rule of Civil Procedure 78(b) and Civil Local Rule 7-1(b), the Court finds the matters suitable for disposition without oral argument. The hearing on these matters, currently scheduled for, September 29, 2022 is hereby VACATED. (This is a text-only entry generated by the court. There is no document associated with this entry.) (mll, COURT STAFF) (Filed on 9/21/2022)
July 27, 2022 Filing 25 NOTICE by Fiyyaz Pirani re #18 MOTION to Appoint Lead Plaintiff and Lead Counsel MOTION to Consolidate Cases [Notice that Motion Is Not Opposed] (Prongay, Robert) (Filed on 7/27/2022)
July 19, 2022 Filing 24 OPPOSITION/RESPONSE (re #21 Notice of Motion of TY Correy for Consolidation of Related Cases, Appointment as Lead Plaintiff and Approval of his choice of Lead Counsel < ) filed by Fiyyaz Pirani. (Prongay, Robert) (Filed on 7/19/2022) Modified on 7/20/2022 (anj, COURT STAFF).
July 19, 2022 Filing 23 OPPOSITION/RESPONSE (re #18 MOTION to Appoint Lead Plaintiff and Lead Counsel MOTION to Consolidate Cases ) filed by Reed Hastings, Netflix, Inc., Spencer Neumann, Ted Sarandos. (Walters, Diane) (Filed on 7/19/2022) Modified on 7/20/2022 (anj, COURT STAFF).
July 15, 2022 Filing 22 NOTICE of Non-Opposition by Ty Correy re #18 MOTION to Appoint Lead Plaintiff and Lead Counsel (Straus, Alex) (Filed on 7/15/2022) Modified on 7/18/2022 (anj, COURT STAFF).
July 6, 2022 Filing 21 Notice of Motion of TY Correy for Consolidation of Related Cases, Appointment as Lead Plaintiff and Approval of his choice of Lead Counsel filed by Ty Correy. Motion Hearing set for 9/29/2022 02:00 PM in Oakland, Courtroom 6, 2nd Floor before Judge Jon S. Tigar. Responses due by 7/19/2022. Replies due by 7/26/2022. (Attachments: #1 Memorandum, #2 Declaration Alex R. Straus, #3 Exhibit A, #4 Exhibit B, #5 Exhibit C, #6 Exhibit D, #7 Exhibit E, #8 Proposed Order)(Straus, Alex) (Filed on 7/6/2022) Modified on 7/7/2022 (anj, COURT STAFF).
July 5, 2022 Filing 20 Notice of Motion of TY Correy for Consolidation of Related Cases, Appointment as Lead Plaintiff and Approval of his choice of Lead Counsel filed by Ty Correy. Responses due by 7/19/2022. Replies due by 7/26/2022. (Attachments: #1 Memorandum, #2 Exhibit A, #3 Exhibit B, #4 Exhibit C, #5 Proposed Order)(Straus, Alex) (Filed on 7/5/2022) Modified on 7/7/2022 (anj, COURT STAFF).
July 5, 2022 Filing 19 Declaration of Robert V. Prongay in Support of #18 MOTION to Appoint Lead Plaintiff and Lead Counsel MOTION to Consolidate Cases filed byFiyyaz Pirani. (Attachments: #1 Exhibit A - Press Release, #2 Exhibit B - Financial Interest Analysis, #3 Exhibit C - Financial Interest Analysis, #4 Exhibit D - Declaration of Fiyyaz Pirani, #5 Exhibit E - GPM Firm Resume)(Related document(s) #18 ) (Prongay, Robert) (Filed on 7/5/2022)
July 5, 2022 Filing 18 MOTION to Appoint Lead Plaintiff and Lead Counsel , MOTION to Consolidate Cases filed by Fiyyaz Pirani. Motion Hearing set for 9/29/2022 02:00 PM in Oakland, Courtroom 6, 2nd Floor before Judge Jon S. Tigar. Responses due by 7/19/2022. Replies due by 7/26/2022. (Attachments: #1 Proposed Order)(Prongay, Robert) (Filed on 7/5/2022)
July 1, 2022 Opinion or Order Filing 17 ORDER REGARDING RESPONSE TO COMPLAINT AND CONTINUING CASE MANAGEMENT CONFERENCE AND DEADLINES by Judge Jon S. Tigar granting (16) Stipulation in case 4:22-cv-02672-JST; granting (22) Stipulation in case 4:22-cv-03164-JST. (mll, COURT STAFF) (Filed on 7/1/2022)
July 1, 2022 Filing 16 STIPULATION REGARDING RESPONSE TO COMPLAINT AND CONTINUING CASE MANAGEMENT CONFERENCE AND DEADLINES WITH PROPOSED ORDER filed by Reed Hastings, Netflix, Inc., Spencer Neumann, Ted Sarandos, Fiyyaz Pirani, Cleveland Bakers and Teamsters Pension Fund. (Walters, Diane) (Filed on 7/1/2022) Modified on 7/5/2022 (anj, COURT STAFF).
June 30, 2022 Opinion or Order Filing 15 ORDER RELATING CASE. Motions terminated: (14 in 4:22-cv-02672-JST) ADMINISTRATIVE MOTION Order that cases are related and case reassigned to the Hon. Jon S. Tigar filed by Cleveland Bakers and Teamsters Pension Fynd. Signed by Judge Jon S. Tigar on June 30, 2022. (mll, COURT STAFF) (Filed on 6/30/2022)
June 29, 2022 Filing 14 ADMINISTRATIVE MOTION Order that cases are related and case reassigned to the Hon. Jon S. Tigar filed by Cleveland Bakers and Teamsters Pension Fynd. Responses due by 7/5/2022. (Attachments: #1 Stipulation In Support of Administrative Motion, #2 Proposed Order Proposed Order)(Graham, Mary) (Filed on 6/29/2022)
May 23, 2022 Filing 13 WAIVER OF SERVICE Returned Executed filed by Fiyyaz Pirani. Service waived by Reed Hastings waiver sent on 5/11/2022, answer due 7/11/2022; Netflix, Inc. waiver sent on 5/11/2022, answer due 7/11/2022; Spencer Neumann waiver sent on 5/11/2022, answer due 7/11/2022; Ted Sarandos waiver sent on 5/11/2022, answer due 7/11/2022. (Linehan, Charles) (Filed on 5/23/2022)
May 20, 2022 Filing 12 NOTICE of Appearance by Diane Marie Walters (Walters, Diane) (Filed on 5/20/2022)
May 20, 2022 Filing 11 Corporate Disclosure Statement by Reed Hastings, Netflix, Inc., Spencer Neumann, Ted Sarandos and Certification of Interested Entities or Persons Pursuant to Civil L.R. 3-15 (Eggleton, Keith) (Filed on 5/20/2022)
May 20, 2022 Filing 10 NOTICE of Appearance by Keith E. Eggleton (Eggleton, Keith) (Filed on 5/20/2022)
May 11, 2022 Filing 9 NOTICE of Publication of SEC Class Action Notice by Fiyyaz Pirani (Attachments: #1 Exhibit A - PSLRA Notice)(Rajesh, Pavithra) (Filed on 5/11/2022) Modified on 5/12/2022 (anj, COURT STAFF).
May 6, 2022 Filing 8 Summons Issued as to Reed Hastings, Netflix, Inc., Spencer Neumann, Ted Sarandos. (anj, COURT STAFF) (Filed on 5/6/2022)
May 6, 2022 Filing 7 Initial Case Management Scheduling Order with ADR Deadlines: Notice: The assigned judge participates in the Cameras in the Courtroom Pilot Project. See General Order No. 65 and http://cand.uscourts.gov/cameras. Case Management Statement due by 7/26/2022. Initial Case Management Conference set for 8/2/2022 02:00 PM in Oakland, Courtroom 6, 2nd Floor. (Attachments: #1 Notice of Eligibility for Video Recording)(anj, COURT STAFF) (Filed on 5/6/2022)
May 6, 2022 Opinion or Order Filing 6 ORDER REASSIGNING CASE. Case reassigned using a proportionate, random, and blind system pursuant to General Order No. 44 to Judge Jon S. Tigar for all further proceedings. Magistrate Judge Donna M. Ryu no longer assigned to case. Notice: The assigned judge participates in the Cameras in the Courtroom Pilot Project. See General Order No. 65 and http://cand.uscourts.gov/cameras. Signed by the Clerk on 5/6/2022. (Attachments: #1 Notice of Eligibility for Video Recording)(anj, COURT STAFF) (Filed on 5/6/2022)
May 4, 2022 Filing 5 Case assigned to Magistrate Judge Donna M. Ryu. Counsel for plaintiff or the removing party is responsible for serving the Complaint or Notice of Removal, Summons and the assigned judge's standing orders and all other new case documents upon the opposing parties. For information, visit E-Filing A New Civil Case at http://cand.uscourts.gov/ecf/caseopening.Standing orders can be downloaded from the court's web page at www.cand.uscourts.gov/judges. Upon receipt, the summons will be issued and returned electronically. A scheduling order will be sent by Notice of Electronic Filing (NEF) within two business days. Consent/Declination due by 5/18/2022. (jrs, COURT STAFF) (Filed on 5/4/2022)
May 3, 2022 Filing 4 CERTIFICATE of Counsel re #1 Complaint by Robert Vincent Prongay on behalf of Fiyyaz Pirani (Prongay, Robert) (Filed on 5/3/2022)
May 3, 2022 Filing 3 Certificate of Interested Entities by Fiyyaz Pirani re #1 Complaint (Prongay, Robert) (Filed on 5/3/2022)
May 3, 2022 Filing 2 Proposed Summons. (Prongay, Robert) (Filed on 5/3/2022)
May 3, 2022 Filing 1 COMPLAINT against All Defendants ( Filing fee $ 402, receipt number ACANDC-17143329.). Filed byFiyyaz Pirani. (Attachments: #1 Civil Cover Sheet)(Prongay, Robert) (Filed on 5/3/2022)

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Search for this case: In re Netflix, Inc. Securities Litigation
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Plaintiff: Fiyyaz Pirani
Represented By: Robert Vincent Prongay
Represented By: Charles Henry Linehan
Represented By: Pavithra Rajesh
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Plaintiff: Cleveland Bakers and Teamsters Pension Fynd
Represented By: Mary Elizabeth Graham
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Defendant: Netflix, Inc.
Represented By: Diane Marie Walters
Represented By: Keith E. Eggleton
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Defendant: Reed Hastings
Represented By: Diane Marie Walters
Represented By: Keith E. Eggleton
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Defendant: Ted Sarandos
Represented By: Diane Marie Walters
Represented By: Keith E. Eggleton
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Defendant: Spencer Neumann
Represented By: Diane Marie Walters
Represented By: Keith E. Eggleton
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Defendant: Gregory Peters
Represented By: Keith E. Eggleton
Represented By: Diane Marie Walters
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Consolidated plaintiff: Cleveland Bakers and Teamsters Pension Fund
Represented By: Mary Elizabeth Graham
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Petitioner: Ty Correy
Represented By: Alex R. Straus
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