Birnbaum v. General Electric Company

S.D. New York

Birnbaum v. General Electric Company

District Court, S.D. New York·Decided February 25, 2021·No. 1:19-cv-01013·Unknown

Opinion

UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK -------------------------------------- X : IN RE GENERAL ELECTRIC SECURITIES : LITIGATION : 19cv1013 (DLC) : This document relates to the following : ORDER actions: 19cv1013, 19cv1244 : : -------------------------------------- X

DENISE COTE, District Judge: In an Opinion and Order of May 7, 2020, the Court granted the defendants’ motion to dismiss this case and directed the Clerk of Court to enter judgment for the defendants. On June 3, the plaintiffs filed a notice of appeal. On February 24, 2021, the mandate issued from the Court of Appeals’ affirmance of the dismissal. Under the Private Securities Litigation Reform Act of 1995 (the “PSLRA”), courts are required to make findings as to the compliance by all parties and attorneys with Rule 11(b), Fed. R. Civ. P., at the conclusion of all private actions arising under the Securities Exchange Act of 1934. 15 U.S.C. § 78u-4(c); ATSI Commc’ns, Inc. v. Shaar Fund, Ltd., 579 F.3d 143, 152 (2d Cir. 2009). Accordingly, it is hereby

ORDERED that the plaintiff’s submission regarding its compliance with Rule 11(b) is due March 19, 2021. Any response by the defendants is due April 2. Dated: New York, New York February 25, 2021

DENISE COTE United tates District Judge

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UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK -------------------------------------- X : IN RE GENERAL ELECTRIC SECURITIES : LITIGATION : 19cv1013 (DLC) : This document relates to the following : ORDER actions: 19cv1013, 19cv1244 : : -------------------------------------- X

DENISE COTE, District Judge: In an Opinion and Order of May 7, 2020, the Court granted the defendants’ motion to dismiss this case and directed the Clerk of Court to enter judgment for the defendants. On June 3, the plaintiffs filed a notice of appeal. On February 24, 2021, the mandate issued from the Court of Appeals’ affirmance of the dismissal. Under the Private Securities Litigation Reform Act of 1995 (the “PSLRA”), courts are required to make findings as to the compliance by all parties and attorneys with Rule 11(b), Fed. R. Civ. P., at the conclusion of all private actions arising under the Securities Exchange Act of 1934. 15 U.S.C. § 78u-4(c); ATSI Commc’ns, Inc. v. Shaar Fund, Ltd., 579 F.3d 143, 152 (2d Cir. 2009). Accordingly, it is hereby

ORDERED that the plaintiff’s submission regarding its compliance with Rule 11(b) is due March 19, 2021. Any response by the defendants is due April 2. Dated: New York, New York February 25, 2021

DENISE COTE United tates District Judge

Birnbaum v. General Electric Company, (S.D.N.Y. 2021).

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Opinion

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