IN RE BLOCK, INC. SECURITIES LITIGATION
| Jordan Michael Hart |
| Block Inc., Square Inc., Jack Dorsey, Amrita Ahuja and Anthony Eisen |
| 1:2023cv01579 |
| February 24, 2023 |
| US District Court for the Southern District of New York |
| Ronnie Abrams |
| Securities/Commodities |
| Plaintiff |
Docket Report
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Filing 11
ORDER: On March 7, 2023, the Court approved the parties' stipulation to consolidation of the Esposito action, No. 22-cv-8636, which asserts claims under the Securities and Exchange Act of 1934 (the "Exchange Act"), and the Hart action, No. 23-cv-1579, which asserts claims under both the Exchange Act and the Securities Act of 1933 (the "Securities Act"). The parties further stipulated that Fotios Sotiropoulos, who the Court previously appointed as Lead Plaintiff of the Esposito action, would serve as Lead Plaintiff of the consolidated action. On April 3, 2023, Plaintiff Official Intelligence Pty Ltd. ("Official Intelligence") moved to be appointed Lead Plaintiff of the Securities Act claims. No later than May 1, 2023, Lead Plaintiff Sotiropoulos shall file a response to Official Intelligence's motion. The deadlines set forth in the Stipulation and Order Consolidating Cases dated March 6, 2023 are hereby stayed until Official Intelligence's motion is resolved. SO ORDERED., ( Responses due by 5/1/2023) (Signed by Judge Ronnie Abrams on 4/17/2023) (ama)
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Filing 10
STIPULATION AND ORDER CONSOLIDATING CASES AND SETTING SCHEDULE FOR FILING OF CONSOLIDATED COMPLAINT AND RELATED BRIEFING: IT IS HEREBY STIPULATED AND AGREED, by and among the parties, through their undersigned counsel, subject to Court approval, that: The Hart action shall be deemed as related to the Esposito action. The Securities Class Actions are consolidated for all purposes, including but not limited to discovery, pretrial proceedings, and trial, pursuant to Fed. R. Civ. P. 42(a). The docket in Case No. 1:22-cv-08636-RA shall constitute the Master Docket for this action. The file in Case No. 1:22-cv-08636-RA shall constitute a master file for every action in the consolidated action. All related Securities Class Actions against Block, Inc. subsequently filed in or transferred to this District shall be consolidated into this action. This Order shall apply to every such action, absent an order of the Court. A party objecting to such consolidation, or to any other provisions of this Order, must file an application for relief from this Order within ten (10) daysafter the date on which a copy of this Order is mailed to the party's counsel. The terms of Order Granting Motion of Fotios Sotiropoulos For Appointment AsLead Plaintiff And Approval Of Selection Of Lead Counsel (ECF No. 45), including the authority and responsibility of Lead Counsel and Defendants right to rely on all agreements made by Lead Counsel, are incorporated herein for the consolidated actions; Lead Plaintiff shall file a consolidated complaint no later than April 21, 2023. Defendants' motion to dismiss the consolidated complaint shall be filed no later than June 23, 2023. Lead Plaintiff's opposition to the motion to dismiss shall be filed no later than August 18, 2023. Defendants' reply in support of their motion to dismiss shall be filed no later than October 2, 2023. Pursuant to the stipulation, and good cause appearing, IT IS SO ORDERED. ( Amended Pleadings due by 4/21/2023., Motions due by 6/23/2023., Responses due by 8/18/2023, Replies due by 10/2/2023.) (Signed by Judge Ronnie Abrams on 3/07/2023) (ama)
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| CASE ACCEPTED AS RELATED. Create association to 1:22-cv-08636-RA. Notice of Assignment to follow. (aea) |
| NOTICE OF CASE REASSIGNMENT to Judge Ronnie Abrams. Judge Unassigned is no longer assigned to the case. (aea) |
| Magistrate Judge Ona T. Wang is so designated. Pursuant to 28 U.S.C. Section 636(c) and Fed. R. Civ. P. 73(b)(1) parties are notified that they may consent to proceed before a United States Magistrate Judge. Parties who wish to consent may access the necessary form at the following link: #https://nysd.uscourts.gov/sites/default/files/2018-06/AO-3.pdf. (aea) |
| CASE ACCEPTED AS RELATED. Create association to 1:22-cv-08636-RA. Notice of Assignment to follow. (ama) |
| Filing 9 CASE TRANSFERRED IN from the United States District Court - District of California Northern; Case Number: 3:23-cv-00455. Original file certified copy of transfer order and docket entries received. |
| Case Designated ECF. (vba) |
| NOTE TO OUT OF STATE ATTORNEYS: Please visit the Court's website at https://nysd.uscourts.gov/ for information regarding admission to the S.D.N.Y. Bar and the CM/ECF Rules & Filing Instructions. (vba) |
| CASE REFERRED TO Judge Ronnie Abrams as possibly related to 1:22-cv-08636-RA. (vba) |
| CASE OPENING INITIAL ASSIGNMENT NOTICE - TRANSFER CASE: This case is assigned to: Unassigned Judge. (vba) |
| Filing 8 Remark: Emailed ECFhelpdesk to transfer case to Southern District of New York. (ark, COURT STAFF) (Filed on 2/21/2023) [Transferred from California Northern on 2/24/2023.] |
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Filing 7
ORDER GRANTING #6 STIPULATION AND ORDER TO TRANSFER VENUE. Signed by Judge Trina L. Thompson on 2/21/2023. (rfm, COURT USER) (Filed on 2/21/2023) [Transferred from California Northern on 2/24/2023.]
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| Filing 6 STIPULATION WITH PROPOSED ORDER JOINT STIPULATION AND PROPOSED ORDER TO TRANSFER VENUE filed by Jordan Michael Hart. (Hall, David) (Filed on 2/20/2023) [Transferred from California Northern on 2/24/2023.] |
| Filing 5 Summons Issued as to Amrita Ahuja, Block, Inc., Jack Dorsey, Anthony Eisen. (jlg, COURT STAFF) (Filed on 2/2/2023) [Transferred from California Northern on 2/24/2023.] |
| Filing 4 Initial Case Management Scheduling Order with ADR Deadlines: Case Management Statement due by 4/27/2023. Initial Case Management Conference set for 5/4/2023 at 2:00 PM in San Francisco, Courtroom 09, 19th Floor. (jlg, COURT STAFF) (Filed on 2/2/2023) [Transferred from California Northern on 2/24/2023.] |
| Filing 3 Case assigned to Judge Trina L Thompson. 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. (mbc, COURT STAFF) (Filed on 2/1/2023) [Transferred from California Northern on 2/24/2023.] |
| Filing 2 Proposed Summons. (Hall, David) (Filed on 1/31/2023) [Transferred from California Northern on 2/24/2023.] |
| Filing 1 CLASS ACTION COMPLAINT For Violations of the Federal Securities Laws, Demand For Jury Trial against All Defendants (Filing fee $402, receipt number BCANDC-17946800). Filed by Jordan Michael Hart. (Attachments: #1 Civil Cover Sheet, #2 Exhibit PSLRA Certification)(Hall, David) (Filed on 1/31/2023) [Transferred from California Northern on 2/24/2023.] |
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