In re Garrett Motion Inc. Securities Litigation

S.D. New York

In re Garrett Motion Inc. Securities Litigation

District Court, S.D. New York·Decided March 31, 2023·No. 1:20-cv-07992·Unknown

Opinion

UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK wee eK IN RE GARRETT MOTION INC. SECURITIES LITIGATION 20 CIVIL 7992 (JLR) JUDGMENT wenn K

It iss ORDERED, ADJUDGED AND DECREED: That for the reasons stated in the Court's Opinion and Order dated March 31, 2023, Plaintiffs’ Third Amended Complaint is dismissed. Because Plaintiffs have been given an opportunity to amend to plead fraud with greater specificity, and have failed, the Court concludes that leave to amend is not warranted under these circumstances. See Burch v. Pioneer Credit Recovery, Inc., 551 F.3d 122, 126 (2d Cir. 2008) ("[M]otions to amend should generally be denied in instances of futility, undue delay, bad faith or dilatory motive, repeated failure to cure deficiencies by amendments previously allowed, or undue prejudice to the non-moving party."); accordingly, the case is closed. Dated: New York, New York March 31, 2023 RUBY J. KRAJICK Clerk of Court BY: aK, nia □□□ Deputy Clerk

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UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK wee eK IN RE GARRETT MOTION INC. SECURITIES LITIGATION 20 CIVIL 7992 (JLR) JUDGMENT wenn K

It iss ORDERED, ADJUDGED AND DECREED: That for the reasons stated in the Court's Opinion and Order dated March 31, 2023, Plaintiffs’ Third Amended Complaint is dismissed. Because Plaintiffs have been given an opportunity to amend to plead fraud with greater specificity, and have failed, the Court concludes that leave to amend is not warranted under these circumstances. See Burch v. Pioneer Credit Recovery, Inc., 551 F.3d 122, 126 (2d Cir. 2008) ("[M]otions to amend should generally be denied in instances of futility, undue delay, bad faith or dilatory motive, repeated failure to cure deficiencies by amendments previously allowed, or undue prejudice to the non-moving party."); accordingly, the case is closed. Dated: New York, New York March 31, 2023 RUBY J. KRAJICK Clerk of Court BY: aK, nia □□□ Deputy Clerk

In re Garrett Motion Inc. Securities Litigation, (S.D.N.Y. 2023).

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