In re Ripple Labs Inc. Litigation

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA

VLADI ZAKINOV, et al., Case No. 18-cv-06753-PJH Plaintiffs,

v. ORDER GRANTING IN PART AND DENYING IN PART DEFENDANTS' RIPPLE LABS, INC., et al., MOTION TO DISMISS Defendants. Re: Dkt. No. 70

Defendant Ripple Labs, Inc.’s (“defendant Ripple”), defendant XRP II, LLC’s (“defendant XRP II”), and defendant Ripple’s Chief Executive Officer, Bradley Garlinghouse (“defendant Garlinghouse”) (collectively, “defendants”) motion to dismiss plaintiff Vladi Zakinov’s (“plaintiff”) consolidated class action complaint came on for hearing before this court on January 15, 2020. Plaintiff appeared through his counsel, James Taylor-Copeland and Oleg Elkhunovhich. Defendants appeared through their counsel, Damien Marshall, Kathleen Hartnett, and Menno Goedman. Having read the papers filed by the parties and carefully considered their arguments and the relevant legal authority, and good cause appearing, the court hereby GRANTS IN PART…