DAHHAN v. OvaScience, Inc. et al

Filing 16

Judge Indira Talwani: ORDER entered. SEE attached MEMORANDUM AND ORDER(MacDonald, Gail)

UNITED STATES DISTRICT COURT
DISTRICT OF MASSACHUSETTS
FADI DAHHAN, Individually and on
Behalf of All Others Similarly Situated,
Plaintiff,
v.
OVASCIENCE, INC., et al,
Defendant.

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Civil Action No. 1:17-cv-10511-IT

MEMORANDUM & ORDER
July 5, 2017
TALWANI, D.J.
Fadi Dahhan filed this class action against Ovascience, Inc., and others alleging violation
of federal private securities laws. Compl. [#1]. He subsequently filed a Motion for Appointment
as Lead Plaintiff and Approval of Counsel [#8], and Freedman Family Investments, LLC, filed a
Motion for Appointment as Lead Plaintiff and Approval of Selection of Counsel [#11]. On June
9, 2017, Dahhan filed a Notice of Non-Opposition to Competing Motion for Appointment as
Lead Plaintiff and Approval of Selection of Counsel [#14].
Alleging losses of nearly $2,162,690 in connection with their purchases of OvaScience
securities, Freedman Family Investments asserts the largest financial interest in the relief sought
by the class. Decl. Alan L. Kovacs Ex. B [#13-2].
Accordingly, Dahhan’s Motion for Appointment as Lead Plaintiff and Approval of
Counsel [#8] is DENIED and Freedman Family Investments’ Motion for Appointment as Lead
Plaintiff and Approval of Selection of Counsel [#11] is ALLOWED. The court approves
Freedman Family Investments as lead plaintiff for the class. The court further approves

Freedman Investments’ selection of (1) Robins Geller Rudman & Dowd LLP as lead counsel and
(2) the Law Office of Alan L. Kovacs to serve as local counsel.
IT IS SO ORDERED.
Date: July 5, 2017

/s/ Indira Talwani
United States District Judge

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