Hertel

UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF CALIFORNIA 12 IN RE RYVYL INC. DERIVATIVE Case No.: 3:23-cv-1165-GPC-SBC

LITIGATION,

ORDER:

15 THIS DOCUMENT RELATES TO: ALL (1) GRANTING PROVISIONAL

APPROVAL OF DERIVATIVE

ACTIONS ACTION SETTLEMENT;

18 (2) CONDITIONALLY APPROVING THE PROPOSED FORM AND

MANNER OF NOTICE; AND

(3) SETTING DATE FOR FINAL

SETTLEMENT HEARING

22 [ECF No. 19]

24 Before the Court is the Parties’ Joint Motion for Preliminary Approval of the Parties’ 25 Derivative Settlement Agreement. ECF No. 19. For the reasons detailed below, the Court 26 GRANTS preliminary approval of the Parties’ settlement of this derivative action and 27 conditionally approves the proposed form and manner of settlement notice, with minor 28 adjustments articulated herein. A final Settlement Hearing is set for January 9, 2026. BACKGROUND I. Factual Allegations This is a shareholder derivative action on behalf of nominal…