In re Cloudera, Inc. Securities Litigation
Opinion
Trial Court Opinion
UNITED STATES DISTRICT COURT
NORTHERN DISTRICT OF CALIFORNIA
SAN JOSE DIVISION
IN RE CLOUDERA, INC. SECURITIES Case No. 19-CV-03221-LHK
LITIGATION
ORDER APPOINTING LEAD
PLAINTIFF AND LEAD COUNSEL
14 Re: Dkt. Nos. 17, 26, 34, 36, 43, 48, 54 15 16 17 This case is a putative securities class action brought against Defendant Cloudera, Inc. (“Cloudera”); its former Chief Executive Officer, Thomas J. Reilly; its Chief Financial Officer, Jim Frankola; and its former Chief Strategy Officer, Michael A. Olson (collectively, “Defendants”). Plaintiffs in this action are “purchasers of Cloudera common stock between April 28, 2017 and June 5, 2019, inclusive (the ‘Class Period’).” ECF No. 1 (“Compl.”) ¶ 1. Before the Court are seven motions for appointment as lead plaintiff and approval of lead counsel. I. BACKGROUND Cloudera is a software company that specializes in “the provision of data management, machine learning, and advanced analytical tools to businesses.” Id. ¶ 11. Cloudera “offers a suite of applications . . . that allows its customers—generally…