Berner v. Getty Images Holdings, Inc.

Filing 43

ORDER granting (31) Motion for Summary Judgment in case 1:24-cv-04483-JSR; granting (25) Motion for Summary Judgment in case 1:24-cv-05129-JSR. Plaintiffs Daniel Berner and James Lapp held warrants to purchase shares of defendant Getty Images H oldings, Inc. ("Getty") pursuant to a Warrant Agreement. Following Getty's alleged failure to allow them to exercise their warrants in accordance with the Warrant Agreement, Berner and Lapp separately sued Getty for breach of contract. The Court consolidated the two actions through the close of discovery, which has now been completed, and plaintiffs jointly moved for summary judgment. After careful consideration, the Court grants summary judgment for plaintiffs. An Opinion explaining the reasons for this ruling will issue in due course, at which time judgment will be entered. SO ORDERED.. (Signed by Judge Jed S. Rakoff on 1/24/2025) Filed In Associated Cases: 1:24-cv-04483-JSR, 1:24-cv-05129-JSR (ks)

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