In re Lifetrade Litigation
Filing
325
ORDER SCHEDULING TELEPHONIC SETTLEMENT CONFERENCE: A series of telephonic settlement conferences in this matter are scheduled as follows: Wednesday, October 14, 2020 at 10:00 a.m.: Plaintiffs and Defendants Marcum and the Estate of Smith; Wednesday, October 14, 2020 at 2:00 p.m.: Plaintiffs and Defendant S&P; Thursday October 15, 2020 at 10:00 a.m.: Plaintiffs and the Wells Fargo Defendants; Thursday October 15, 2020 at 2:00 p.m.: Plaintiffs and the Equity Trust. Counsel for the parties are directed to call Judge Parker's court conference line at the scheduled time. Please dial (866) 434-5269, Access code: 4858267. The Court will provide a unique passcode for each conference by email prior to the date of the conference; as further set forth herein. ( Telephone Conference set for 10/14/2020 at 10:00 AM before Magistrate Judge Katharine H. Parker., Telephone Conference set for 10/15/2020 at 10:00 AM before Magistrate Judge Katharine H. Parker., Telephone Conference set for 10/14/2020 at 02:00 PM before Magistrate Judge Katharine H. Parker., Telephone Conference set for 10/15/2020 at 02:00 PM before Magistrate Judge Katharine H. Parker.) (Signed by Magistrate Judge Katharine H. Parker on 8/24/2020) Filed In Associated Cases: 1:17-cv-02987-JPO-KHP, 1:17-cv-06087-JPO-KHP, 1:17-cv-07034-JPO-KHP, 1:18-cv-00128-JPO-KHP, 1:18-cv-02416-JPO-KHP (mro)
Case 1:17-cv-02987-JPO-KHP Document 325 Filed 08/24/20 Page 1 of 3
UNITED STATES DISTRICT COURT SOUTHERN
DISTRICT OF NEW YORK
8/24/2020
17-CV-2987 (JPO) (KHP)
LUIS RAMIRO AVILES, et al.,
-vS&P GLOBAL, INC., et al.,
FERNANDO RAUL BENEDETTO, et
al.,
17-CV-6087 (JPO) (KHP)
-vATC REALTY FIFTEEN, INC., et al.,
HORACIO NESTOR ACEBEDO, et al.,
Defendants.
17-CV-7034 (JPO) (KHP)
-vATC REALTY FIFTEEN, INC., et al.,
FREDERICO ALVAREZ, et al.,
18CV-128 (JPO) (KHP)
-vATC REALTY FIFTEEN, INC., et al.,
HECTOR JORGE ARECO, et al.,
18-CV-2416 (JPO) (KHP)
-vATC REALTY FIFTEEN, INC., et al.,
Case 1:17-cv-02987-JPO-KHP Document 325 Filed 08/24/20 Page 2 of 3
ORDER SCHEDULING TELEPHONIC SETTLEMENT CONFERNCE
A series of telephonic settlement conferences in this matter are scheduled as follows:
Wednesday, October 14, 2020 at 10:00 a.m.: Plaintiffs and Defendants Marcum and the Estate
of Smith; Wednesday, October 14, 2020 at 2:00 p.m.: Plaintiffs and Defendant S&P; Thursday
October 15, 2020 at 10:00 a.m.: Plaintiffs and the Wells Fargo Defendants; Thursday October
15, 2020 at 2:00 p.m.: Plaintiffs and the Equity Trust.
Counsel for the parties are directed to call Judge Parker’s court conference line at the
scheduled time. Please dial (866) 434-5269, Access code: 4858267. The Court will provide a
unique passcode for each conference by email prior to the date of the conference.
Corporate parties must send the person with decision making authority to settle the
matter to the conference. Plaintiffs shall appoint a negotiating committee to represent them at
the conference. Plaintiffs’ counsel shall arrange for simultaneous translation, to the extent
necessary.
Defendants shall each identify their lead negotiator to Plaintiffs by August 25, 2020.
Plaintiffs shall make settlement demands by no later than September 18, 2020. Defendants
shall make counter-offers by no later than October 2, 2020. The parties are encouraged to
negotiate sooner than the above-referenced dates and to narrow the gap as much as possible
before the conference with this Court.
The parties are instructed to complete the Settlement Conference Summary Report and
prepare pre-conference submissions in accordance with the Judge Parker’s Individual Rules of
Practice, except that the parties will be permitted up to 5 pages for their ex parte submissions.
Plaintiffs may submit separate letters for each conference. Pre-conference submissions must
Case 1:17-cv-02987-JPO-KHP Document 325 Filed 08/24/20 Page 3 of 3
be received by the Court no later than October 9, 2020 by 5:00 p.m.
SO ORDERED.
DATED:
New York, New York
August 24, 2020
______________________________
KATHARINE H. PARKER
United States Magistrate Judge
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