West v. eHealth, inc. et al

Filing 36

ORDER REQUIRING PREPARATION OF SUPPLEMENTAL CHART. Signed by Judge James Donato on 9/22/15. (lrcS, COURT STAFF) (Filed on 9/23/2015)

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1 2 3 4 UNITED STATES DISTRICT COURT 5 NORTHERN DISTRICT OF CALIFORNIA 6 7 JEFFREY WEST, Case No. 3:15-cv-00360-JD Plaintiff, 8 v. ORDER REQUIRING PREPARATION OF SUPPLEMENTAL CHART 9 10 EHEALTH, INC., et al., Defendants. United States District Court Northern District of California 11 Lead Plaintiffs are ordered to prepare a chart of the information required by 15 U.S.C. 12 13 § 78u-4(b)(1) and (2) that specifically identifies: (1) each statement alleged to have been false or 14 misleading, (2) the reason(s) the statement was false or misleading when made, and (3) if an 15 allegation regarding the statement or omission is made on information and belief, all facts on 16 which the belief is formed. The chart should clearly identify which statements or omissions are attributable to which 17 18 defendants, and include a detailed statement of the facts giving rise to a strong inference that each 19 defendant acted with the required state of mind. Plaintiffs should also summarize their allegations regarding what each defendant knew 20 21 with regard to the statement or omission, and when each knew it. For the guidance of Lead Plaintiffs, the Court suggests the format on the following page: 22 23 // 24 // 25 // 26 // 27 // 28 1 Statement The Speaker(s), False and Reasons Why Facts Giving Rise to a 2 No. Date(s), and Misleading Statements Were Strong Inference of Medium Statements False and Scienter 3 4 Misleading When 5 Made 6 7 1 When: [This column [This column [This column should xx/xx/xxxx should contain should summarize summarize plaintiffs’ direct quotations of plaintiffs’ arguments on scienter, Where: Press the allegedly false arguments on with specific release dated and misleading falsity, with paragraph references xx/xx/xxxx statements.] specific paragraph to the complaint.] 8 9 10 United States District Court Northern District of California 11 12 13 references to the Speakers: CEO complaint.] 14 15 (Compl. ¶ __) 16 17 18 Lead Plaintiffs are to submit this chart at the hearing on September 30, 2015. The chart 19 must strictly adhere to the allegations in the consolidated class action complaint and cannot 20 include any new or supplemental information or explanation. 21 22 23 IT IS SO ORDERED. Dated: September 22, 2015 24 ________________________ JAMES DONATO United States District Judge 25 26 27 28 2

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