Averza

Averza v. Super Micro Computer, Inc.

Good Law
United States District Court, Northern District of CaliforniaDecember 12, 20245:24-cv-06147California3,859 words

Opinion

Trial Court Opinion

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA SAN JOSE DIVISION 6 JOSEPH AVERZA, et al., Case No. 5:24-cv-06147-EJD

Plaintiffs, ORDER GRANTING DISCOVERY

AND CONTINUING HEARING

v.

SUPER MICRO COMPUTER, INC., et al., Defendants.

In this putative securities class action against Defendant Super Micro Computer, Inc. and certain of its officers, ten different plaintiff groups have filed motions for appointment as lead plaintiff. Of those, one group has withdrawn its motion,2 and six others have filed statements of non-opposition. The remaining three—Crain Walnut, Universal, and the Covey Investor Group—filed oppositions to the motions for appointment as lead plaintiff. Crain Walnut Opp’n, ECF No. 81; Covey Opp’n, ECF No. 82; Universal Opp’n, ECF No. 83. However, only Crain Walnut and Universal filed replies. Crain Walnut Reply, ECF No. 84; Universal Reply, ECF No. 86. Thus, it appears that Crain Walnut and Universal are the only two parties actively seeking appointment as…

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