In re Stable Road Acquisition Corp. Securities Litigation

Good Law
United States District Court, Central District of CaliforniaApril 23, 20242:21-cv-05744California3,176 words

Opinion

Trial Court Opinion

UNITED STATES DISTRICT COURT

CENTRAL DISTRICT OF CALIFORNIA

9 IN RE STABLE ROAD Case No. 2:21-CV-5744-JFW(SHKx) ACQUISITION CORP.

SECURITIES LITIGATION

Honorable John F. Walter

JUDGMENT APPROVING CLASS ACTION SETTLEMENT

14 WHEREAS, a consolidated class action is pending in this Court entitled In re 15 Stable Road Acquisition Corp. Securities Litigation, No. 2:21-CV-5744-JFW(SHKx) 16 (the “Action”); 18 WHEREAS, (a) lead plaintiff Hartmut Haenisch (“Lead Plaintiff”) on behalf 19 of himself and the other members of the Settlement Class (defined below); and (b) 20 defendants Stable Road Acquisition Corp. (“SRAC”), SRC-NI Holdings, LLC 22 (“Sponsor”), Momentus Inc. (“Momentus,” and together with SRAC and Sponsor, 23 “Corporate Defendants”) and Brian Kabot (“Kabot”), Juan Manuel Quiroga 24 (“Quiroga”), James Norris (“Norris”), James Hofmockel (“Hofmockel”), Dawn 26 Harms (“Harms”), and Fred Kennedy (“Kennedy”) (collectively, with Mikhail 27 Kokorich (“Kokorich”), the “Individual Defendants”; and together with the Corporate 1 …

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