Evellard v. LendingClub Corporation et al

Filing 183

ORDER re (182 in 3:16-cv-02627-WHA) Amended Complaint, filed by Water and Power Employees' Retirement, Disability and Death Plan of the City of Los Angeles Signed by Judge Alsup on 6/16/2017. (whalc1, COURT STAFF) (Filed on 6/16/2017)

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IN THE UNITED STATES DISTRICT COURT

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FOR THE NORTHERN DISTRICT OF CALIFORNIA
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For the Northern District of California

United States District Court

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In re LENDINGCLUB SECURITIES LITIGATION

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(Consolidated)

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No. C 16-02627 WHA
No. C 16-02670 WHA
No. C 16-03072 WHA

This Document Relates to:
ORDER RE AMENDED
COMPLAINT

ALL ACTIONS.
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On May 25, the Court granted in part and denied in part defendants’ motion to dismiss.

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That order stated that by June 15, “lead plaintiff may seek leave to amend its claims based on

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the loan-approval process and CFO Dolan’s scienter regarding Cirrix by filing a formal

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motion noticed on the normal 35-day calendar. The motion should include a proposed

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amended consolidated complaint (and a redlined copy) and affirmatively demonstrate

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how the proposed amendments cure the problems identified herein and any others

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identified in defendants’ motions even if not addressed herein.”

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On June 15, lead plaintiff filed an amended complaint, but failed to file a motion or a

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redlined copy of the proposed amended complaint. By JUNE 22, lead plaintiff shall file a formal

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motion and redlined proposed amended complaint in conformity with the Court’s May 25 order

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on defendants’ motion to dismiss. If lead plaintiff elects not to do so, the Court will

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IT IS SO ORDERED.

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Dated: June 16, 2017.

WILLIAM ALSUP
UNITED STATES DISTRICT JUDGE

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For the Northern District of California

United States District Court

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