Efrat Investments LLC v. Hub Cyber Security Ltd.
Plaintiff: Efrat Investments LLC and Dustin Green
Defendant: Hub Cyber Security Ltd.
Case Number: 1:2023cv05764
Filed: July 6, 2023
Court: US District Court for the Southern District of New York
Presiding Judge: Arun Subramanian
Nature of Suit: Securities/Commodities
Cause of Action: 15 U.S.C. § 77 Securities Fraud
Jury Demanded By: Plaintiff
Docket Report

This docket was last retrieved on November 8, 2023. A more recent docket listing may be available from PACER.

Date Filed Document Text
August 22, 2023 Opinion or Order Filing 17 ORDER: The Notice required under the PSLRA was filed on August 16, 2023. Members of the purported class therefore have until October 16, 2023, to move the Court to serve as lead plaintiffs. It is further ORDERED that opposition to any motion for appointment of lead plaintiff shall be served and filed by October 26, 2023. Finally, it is hereby ORDERED that a conference shall be held on Wednesday, November 8, 2023, at 9:00 AM in Courtroom 15A of the Daniel Patrick Moynihan Courthouse, 500 Pearl Street, New York, NY 10007. If an amended complaint or a related case is filed prior to appointment of a lead plaintiff, Plaintiff's counsel shall, within one week, submit a letter to the Court identifying any differences between the allegations in the new complaint(s) and the allegations in the original complaint (including but not limited to any differences in the claims asserted and the relevant class periods) and showing cause why the Court should not order republication of notice under the PSLRA and set a new deadline for the filing of motions for appointment. See, e.g., Hachem v. Gen. Elec. Inc., No. 17-CV-8457 (JMF), 2018 WL 1779345 (S.D.N.Y. Apr. 11, 2018). SO ORDERED. ( Motions due by 10/16/2023., Responses due by 10/26/2023, Status Conference set for 11/8/2023 at 09:00 AM in Courtroom 15A, 500 Pearl Street, New York, NY 10007 before Judge Arun Subramanian.) (Signed by Judge Arun Subramanian on 8/22/2023) (tg)
August 18, 2023 Filing 16 LETTER addressed to Judge Arun Subramanian from Jeremy A. Lieberman dated August 18, 2023 re: this Court's Order dated August 9, 2023 (Dkt. No. 15). Document filed by Dustin Green. (Attachments: #1 Exhibit A - Notice of Pendency).(Lieberman, Jeremy)
August 9, 2023 Opinion or Order Filing 15 ORDER REGARDING NOTICE: Accordingly, this Court ORDERS the Plaintiff in Green to publish a new notice, "[n]ot later than 20 days after the date on which the complaint [was] filed," consistent with Section 78u-4(a)(3)(A) of the Private Securities Litigation Reform Act. Plaintiff shall advise the Court in writing of the date and manner in which it published this notice no later than Monday, August 28, 2023 at 5:00 p.m. The Court will set a new schedule for lead plaintiff motion practice in both Efrat and Green after receiving notification of the date of publication in Green. The motion hearing inEfrat set for October 3, 2023, is hereby ADJOURNED and will be rescheduled by subsequent order. See 23-cv-05764, ECF No. 9. SO ORDERED. (Signed by Judge Arun Subramanian on 8/9/2023) (vfr)
August 7, 2023 Filing 14 LETTER addressed to Judge Arun Subramanian from Michael J. Klein dated August 7, 2023 re: this Court's Order dated July 12, 2023, regarding related cases. Document filed by Efrat Investments LLC..(Klein, Michael)
August 4, 2023 Filing 13 NOTICE OF APPEARANCE by Eugenie Helene Dubin on behalf of Hub Cyber Security Ltd...(Dubin, Eugenie)
August 4, 2023 Filing 12 NOTICE OF APPEARANCE by Ari M. Berman on behalf of Hub Cyber Security Ltd...(Berman, Ari)
August 3, 2023 Opinion or Order Filing 11 STIPULATION AND ORDER: NOW THEREFORE, IT IS HEREBY STIPULATED AND AGREED THAT: 1. The undersigned counsel for Defendant is authorized to accept, and hereby does accept, service of the following documents on behalf of Defendants, without prejudice to or waiver of any of Defendant's defenses, objections or arguments, except as to the sufficiency of service of process: (a) the summons, (b) the Complaint and (c) the Order; 2. Defendants shall not be required to answer, move to dismiss, or otherwise respond to the Complaint until after a lead plaintiff and lead counsel have been appointed; and 3. Within fourteen (14) days of appointment of a lead plaintiff and lead counsel pursuant to 15 U.S.C. 77z-1, the Parties shall meet and confer and shall submit a stipulation for the Court's approval with their proposed schedule for the filing of an amended complaint (if any) and the filing of any motion(s) to dismiss, answer or other response. SO ORDERED. (Signed by Judge Arun Subramanian on 8/3/2023) (vfr)
August 1, 2023 NOTICE OF CASE REASSIGNMENT to Judge Arun Subramanian. Judge Jesse M. Furman is no longer assigned to the case. (vba)
July 25, 2023 Filing 10 PROPOSED STIPULATION AND ORDER. Document filed by Efrat Investments LLC..(Klein, Michael)
July 12, 2023 Opinion or Order Filing 9 ORDER Members of the purported class therefore have until September 5, 2023, to move the Court to serve as lead plaintiffs. It is further ORDERED that opposition to any motion for appointment of lead plaintiff shall be served and filed by September 15, 2023. Finally, it is hereby ORDERED that a conference shall be held on October 3, 2023, at 3:00 p.m. in Courtroom 1105 of the Thurgood Marshall Courthouse, 40 Centre Street, New York, New York to consider any motions for appointment of lead plaintiff and lead counsel and for consolidation. It is further ORDERED that the named plaintiffs shall promptly serve a copy of this Order on each of the defendants. (And as further set forth herein.) SO ORDERED. (Motions due by 9/5/2023.)(Responses due by 9/15/2023, Motion Hearing set for 10/3/2023 at 03:00 PM in Courtroom 1105, 40 Centre Street, New York, NY 10007 before Judge Jesse M. Furman.) (Signed by Judge Jesse M. Furman on 7/12/2023) (jca)
July 11, 2023 Filing 8 LETTER addressed to Judge Jesse M. Furman from Michael J. Klein dated 7/11/2023 re: this Court's Order dated July 10, 2023. Document filed by Efrat Investments LLC..(Klein, Michael)
July 10, 2023 Opinion or Order Filing 7 ORDER REGARDING NOTICE TO PURPORTED PLAINTIFF CLASS MEMBERS: It is hereby ORDERED that no later than August 3, 2023, Plaintiff shall advise the Court in writing of the date and manner in which it published this notice. and as set forth herein. SO ORDERED. (Signed by Judge Jesse M. Furman on 7/10/2023) (ama)
July 7, 2023 Filing 6 ELECTRONIC SUMMONS ISSUED as to Hub Cyber Security Ltd...(jgo)
July 7, 2023 CASE OPENING INITIAL ASSIGNMENT NOTICE: The above-entitled action is assigned to Judge Jesse M. Furman. Please download and review the Individual Practices of the assigned District Judge, located at #https://nysd.uscourts.gov/judges/district-judges. Attorneys are responsible for providing courtesy copies to judges where their Individual Practices require such. Please download and review the ECF Rules and Instructions, located at #https://nysd.uscourts.gov/rules/ecf-related-instructions..(jgo)
July 7, 2023 Case Designated ECF. (jgo)
July 7, 2023 Magistrate Judge Robert W. Lehrburger 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. (jgo)
July 7, 2023 ***NOTICE TO ATTORNEY REGARDING PARTY MODIFICATION. Notice to attorney Michael Jason Klein. The party information for the following party/parties has been modified: Efrat Investments LLC. The information for the party/parties has been modified for the following reason/reasons: party text was omitted;. (jgo)
July 6, 2023 Filing 5 NOTICE OF APPEARANCE by Jack Gerald Fruchter on behalf of Efrat Investments LLC..(Fruchter, Jack)
July 6, 2023 Filing 4 RULE 7.1 CORPORATE DISCLOSURE STATEMENT. No Corporate Parent. Document filed by Efrat Investments LLC..(Klein, Michael)
July 6, 2023 Filing 3 REQUEST FOR ISSUANCE OF SUMMONS as to Hub Cyber Security Ltd., re: #1 Complaint. Document filed by Efrat Investments LLC..(Klein, Michael)
July 6, 2023 Filing 2 CIVIL COVER SHEET filed..(Klein, Michael)
July 6, 2023 Filing 1 COMPLAINT against Hub Cyber Security Ltd.. (Filing Fee $ 402.00, Receipt Number ANYSDC-27963106)Document filed by Efrat Investments LLC. (Attachments: #1 Exhibit Certification of Plaintiff).(Klein, Michael)

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Plaintiff: Efrat Investments LLC
Represented By: Jack Gerald Fruchter
Represented By: Michael Jason Klein
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Plaintiff: Dustin Green
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Defendant: Hub Cyber Security Ltd.
Represented By: Ari M. Berman
Represented By: Eugenie Helene Dubin
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