SECURITIES AND EXCHANGE COMMISSION v. COOPERMAN et al

Filing 39

ORDER THAT THE MOTION TO DISMISS IS GRANTED IN PART AND DENIED IN PART. DEFENDANTS SHALL FILE AN ANSWER TO PLAINTIFF'S COMPLAINT ON OR BEFORE 4/3/2017.. SIGNED BY HONORABLE JUAN R. SANCHEZ ON 3/20/2017. 3/20/2017 ENTERED AND COPIES E-MAILED.(kp, )

IN THE UNITED STATES DISTRICT COURT
FOR THE EASTERN DISTRICT OF PENNSYLVANIA
SECURITIES AND EXCHANGE
COMMISSION
v.
LEON G. COOPERMAN, et al.

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CIVIL ACTION
No. 16-5043

ORDER
AND NOW, this 20th day of March, 2017, upon consideration of Defendants Leon G.
Cooperman and Omega Advisors, Inc.’s Motion to Dismiss, Plaintiff the Securities and
Exchange Commission’s response thereto, Defendant’s reply, and the parties’ presentations at
the February 7, 2017, oral argument, and for the reasons set forth in the accompanying
Memorandum, it is ORDERED the Motion (Document 17) is GRANTED in part and DENIED
in part. The Motion is GRANTED as to Counts II and III, which are DISMISSED without
prejudice. The Motion is DENIED as to Count I. Defendants shall file an answer to Plaintiff’s
Complaint on or before April 3, 2017.

BY THE COURT:

/s/ Juan R. Sánchez
Juan R. Sánchez, J.