Fortis Advisors LLC v. Stratasys Ltd.
Opinion
Trial Court Opinion
UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA
FORTIS ADVISORS LLC,
Case No. 24-cv-09214-RS Plaintiff, 11 v. ORDER GRANTING MOTION TO STAY STRATASYS LTD., et al., 13 Defendants.
15 Pursuant to Civil Local Rule 7-1(b), defendants’ motion to stay this action pending resolution of a related arbitration proceeding is suitable for disposition without oral argument, and the hearing set for April 17, 2025, is vacated. The stay motion will be granted. This action arises from an alleged “Agreement and Plan of Merger and Reorganization” between, on one side, defendants Stratasys, Ltd., an Israeli company and its wholly owned Delaware subsidiary, Stratasys, Inc., and on the other side, Origin Laboratories, Inc., a Delaware company. Also party to the agreement were Origin Merger, Inc., a subsidiary of Stratasys formed to facilitate the merger/acquisition, and Fortis Advisors LLC, the plaintiff in this action, who represents the interests of the former Origin…