Beltran v. Terraform Global, Inc. et al

Filing 129

ORDER APPOINTING PYRAMID HOLDINGS, INC. AS INTERIM LEAD PLAINTIFF; AND APPOINTING ABRAHAM, FRUCHTER & TWERSKY, LLP AS INTERIM LEAD COUNSEL. Motions terminated: (28 in 5:15-cv-04981-BLF) MOTION to Appoint Lead Plaintiff and Lead Counsel filed by Pyramid Holdings, Inc., (6 in 5:15-cv-05068-BLF) MOTION to Appoint Lead Plaintiff and Lead Counsel filed by Pyramid Holdings, Inc. Signed by Judge Beth Labson Freeman on 6/2/2016. (blflc1S, COURT STAFF) (Filed on 6/2/2016)

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UNITED STATES DISTRICT COURT

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NORTHERN DISTRICT OF CALIFORNIA

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SAN JOSE DIVISION

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JUAN M. RODRIGUEZ BELTRAN, et al.,

Case No. 15-cv-04981-BLF

Plaintiffs,
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v.
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United States District Court
Northern District of California

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TERRAFORM GLOBAL, INC., et al.,
Defendants.
-----------------------------------------------------PYRAMID HOLDINGS, INC.,

ORDER APPOINTING PYRAMID
HOLDINGS, INC. AS INTERIM LEAD
PLAINTIFF; AND APPOINTING
ABRAHAM, FRUCHTER & TWERSKY,
LLP AS INTERIM LEAD COUNSEL
Case No. 15-cv-05068-BLF

Plaintiff,
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v.
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TERRAFORM GLOBAL, INC., et al.,
Defendants.
-----------------------------------------------------OKLAHOMA FIREFIGHTERS PENSION
AND RETIREMENT SYSTEM,
Plaintiff,

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Case No. 16-cv-02267-BLF

v.

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SUNEDISON, INC., et al.,

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Defendants.
-----------------------------------------------------ANTON S. BADRI,

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Plaintiff,

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v.
TERRAFORM GLOBAL, INC., et al.,
Defendants.

Case No. 16-cv-02269-BLF

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IRON WORKERS MID-SOUTH PENSION
FUND,

Case No. 16-cv-02270-BLF

Plaintiff,
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v.
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TERRAFORM GLOBAL, INC., et al.,
Defendants.
-----------------------------------------------------MITESH PATEL,

Case No. 16-cv-02272-BLF

Plaintiff,
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v.
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United States District Court
Northern District of California

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TERRAFORM GLOBAL, INC., et al.,
Defendants.
-----------------------------------------------------SIMON FRASER,

Case No. 16-cv-02273-BLF

Plaintiff,
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v.
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TERRAFORM GLOBAL, INC., et al.,
Defendants.

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The Furia Investment Fund and Pyramid Holdings, Inc. filed motions seeking appointment

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as Lead Plaintiff, and appointment of their attorneys as Lead Counsel, in these related cases. Furia

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withdrew its motion on June 1, 2016. Although Pyramid now is the only applicant for Lead

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Plaintiff, the Court concludes that it would be premature to grant Pyramid’s motion and order the

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filing of a consolidated complaint at this time given the pendency of motions to remand and/or

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motions to transfer in each of the related cases.

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Accordingly, the Court hereby APPOINTS Pyramid as Interim Lead Plaintiff, and

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APPOINTS Pyramid’s attorneys, Abraham, Fruchter & Twersky, LLP, as Interim Lead Counsel,

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pending disposition of the pending motions to remand and motions to transfer.

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Pyramid’s Lead Plaintiff/ Lead Counsel motions (ECF 28 in Beltran, ECF 6 in Pyramid)
are hereby TERMINATED. Pyramid may seek permanent appointment of Lead Plaintiff and Lead
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Counsel, if appropriate, following disposition of the pending motions to remand and motions to

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transfer.

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IT IS SO ORDERED.

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Dated: June 2, 2016

______________________________________
BETH LABSON FREEMAN
United States District Judge

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United States District Court
Northern District of California

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