Williams et al v. Block.One et al

Filing 133

MEMORANDUM AND ORDER. Plaintiff's counsel shall provide the following on or before November 10, 2021: A consolidated summary lodestar spread sheet setting forth, for each individual for whom compensation is sought, (a) the number of hours at each hourly rate in effect for that individual at the time the hours were devoted and (b) a summary line reflecting the total hours and the individual's blended historical hourly rate over the course of the litigation. An analysis of the c ategories of work for which compensation is sought, the hours devoted to each category by each individual for whom compensation is sought, and the "lodestar" for that category of work by each individual based on historical rates. For the guidance of counsel, the Court found the categories used in In re IndyMac Mortgage-Backed Secur. Litig., 94 F. Supp.3d 517, 529 (S.D.N.Y. 2015), aff'd sub nom. De Valerio v. Glinski, 673 Fed. Appx. 87 (2d Cir. 2016), to have been helpful. Th e Court, however, recognizes that other sets of categories also might be helpful or more helpful as well as more easily employed. It is open to another approach. Counsel, however, would be well advised to inform the Court in advance of the manner in which they propose to supply this information. Counsel should address whether plaintiff Crypto Assets Opportunity Fund is typical of other putative class members with regard to the classification of its purchases as domestic or foreign and the basis for the assertion that it is an adequate class representative and as further set forth in this Order. SO ORDERED. (Signed by Judge Lewis A. Kaplan on 11/3/21) Filed In Associated Cases: 1:20-cv-02809-LAK, 1:20-cv-03829-LAK (yv)