Yousefi

ORDER SUA SPONTE STRIKING PARTIES FROM THE MOTION TO CONSOLIDATE; ORDER GRANTING MOTION TO CONSOLIDATE; ORDER DENYING MOTION FOR DESIGNATION OF LEAD PLAINTIFFS; ORDER DENYING MOTION FOR DESIGNATION OF LEAD COUNSEL; ORDER SUA SPONTE DESIGNATING LEAD PLAINTIFFS; ORDER SUA SPONTE DESIGNATING LEAD COUNSEL.

I. INTRODUCTION.

Three class action lawsuits have been filed against Lockheed Martin Corporation and six of its officers for securities fraud. Plaintiffs in two of the suits and 134 other potential class members (1) move to consolidate the actions, (2) move for the Court to appoint them lead plaintiffs, and (3) move for the Court to appoint their attorneys lead counsel.

The Court strikes sua sponie all moving parties from the motion to consolidate with the exception of Mohammad Yousefi, David Kane, and William Kretchmeyer, and it grants the motion. The Court denies the motion to appoint lead plaintiffs and lead counsel. After close review of the complaints, 137 class members’ declarations certifying the purchase of Lockheed stock, and the resumes of three law firms that specialize in prosecuting securities fraud, the Court names sua sponte James Corbin and the City of…