Watt

Watt v. Block, Inc.

Good Law
United States District Court, Southern District of CaliforniaNovember 20, 20243:24-cv-00867California4,413 words

Opinion

Trial Court Opinion

UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF CALIFORNIA 10 JODY WATT, Case No.: 24cv867-LL-DDL

Plaintiff,

ORDER GRANTING MOTION TO

v. DISMISS WITH LEAVE TO AMEND

BLOCK, INC., et al., [ECF No. 38] Defendants.

16 17 On May 16, 2024, Plaintiff Jody Watt filed a Complaint against Defendants Block, Inc., Jack Dorsey, Roelof Botha, Sharon Rothstein, Mary Meeker, Randall Garutti, James McKelvey, Shawn “Jay-Z” Carter, Amy Brooks, and Paul Deighton (hereinafter “Defendants”) under Section 14(a) of the Securities Exchange Act of 1934. ECF No. 1 (“Complaint” or “Compl.”). On June 4, 2024, the Court denied Plaintiff’s Motion for a Preliminary Injunction1, finding that Plaintiff had failed to show irreparable harm. ECF 24 25 1 On May 23, 2024, Plaintiff filed a Motion for Preliminary Injunction to (1) make 26 additional disclosures in Defendant Block Inc.’s 2024 annual proxy statement regarding its internal controls relating to key enterprise risks,…

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