Adamo

Adamo v. Nextdoor Holdings, Inc.

Good Law
United States District Court, Northern District of CaliforniaJuly 12, 20245:24-cv-01213California1,933 words

Opinion

Trial Court Opinion

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA SAN JOSE DIVISION 7 FRANKIE J. ADAMO, Case No. 5:24-cv-01213-EJD

Plaintiff, ORDER REGARDING MOTIONS TO

APPOINT LEAD PLAINTIFF AND

v. COUNSEL

NEXTDOOR HOLDINGS, INC., et al., Re: Dkt. Nos. 21, 31, 34 Defendants.

Plaintiff, Frankie J. Adamo (“Plaintiff”), brings this putative class action against Defendants Nextdoor Holdings, Inc., (“Nextdoor”), Nextdoor’s former executives and founder (“Individual Defendants”), Khosla Ventures LLC (“Khosla Ventures”), and Khosla Ventures SPAC Sponsor II LLC (“KV SPAC Sponsor”) (collectively, “Defendants”) alleging violations of the Securities Exchange Act of 1934 (“SEC”). Before the Court are three1 motions to appoint lead plaintiff and lead counsel filed by movants Keith Hollingsworth, Paul Stankewich, and Per Christensson (“Movants”). Mot. to Appoint Keith Hollingsworth for Appointment as Lead Pl. and Approval of Lead Counsel (“Hollingsworth Mot.”), ECF…

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