Born v. Quad/Graphics, Inc.

Opinion

UNITED STATES DISTRICT COURT ELECTRONICALLY FILED DOC #: SOUTHERN DISTRICT OF NEW YORK DATE FILED: 1/10/2 020 -------------------------------------------------------------- X DENNIS BORN and MARILYNN BORN, : individually and on behalf of all others similarly : situated, : : 19-CV-10376 (VEC) Plaintiffs, : : ORDER -against- : CONSOLIDATING : QUAD/GRAPHICS, INC., J. JOEL : QUADRACCI, and DAVID J. JONAN, : : Defendants. : -------------------------------------------------------------- X -------------------------------------------------------------- X VALERIE BLOOM, individually and on behalf of : all others similarly situated, : 19-CV-11860 (VEC) : Plaintiff, : : -against- : : QUAD/GRAPHICS, INC., J. JOEL : QUADRACCI, and DAVID J. JONAN, : : Defendants. : -------------------------------------------------------------- X VALERIE CAPRONI, United States District Judge: WHEREAS the above-captioned class actions have been designated as related cases because they concern or arise from substantially the same events, see Local Business Rule 13; WHEREAS five motions to appoint lead plaintiff and approve lead plaintiff’s selection of counsel have been filed in Born, 19-CV-1-376, see Dkts. 9, 13, 19, 21, and 25—four of which also move to consolidate the above-captioned actions, see Dkts. 9, 19, 21, and 25; WHEREAS the Court finds that the above-captioned actions assert substantially the same claims under the Securities Exchange Act and related regulations; that those claims arise from the same or similar alleged materially false or misleading statements and omissions; and that the actions therefore involve common questions of law or fact, see Fed. R. Civ. P. 42(a); see e.g., In re Facebook, Inc., IPO Sec. & Derivative Litig., 288 F.R.D. 26, 34-35 (S.D.N.Y. 2012); IT IS HEREBY ORDERED that: 1. The above-captioned actions are consolidated into one action (the “Consolidated Action”) for all purposes. All future filings should be made in docket number 19-CV-10376. 2. Any additional submissions by any party regarding the appointment of a lead plaintiff and lead counsel in the Consolidated Action are due no later than January 24, 2020. After a lead plaintiff and lead counsel are named, the Court will set a schedule for Lead Plaintiff to file an Amended Consolidated Complaint.

SO ORDERED. . “ Vode Ly Date: January 10, 2020 VALERIE CAPRONI New York, New York United States District Judge