In re Cloudera, Inc. Securities Litigation

Good Law
United States District Court, Northern District of CaliforniaApril 2, 20213:19-cv-03221California2,524 words

Opinion

Trial Court Opinion

UNITED STATES DISTRICT COURT

NORTHERN DISTRICT OF CALIFORNIA

SAN JOSE DIVISION

IN RE CLOUDERA, INC. Case No. 5:19-CV-03221-LHK

SECURITIES LITIGATION

ORDER DENYING MOTION TO

INTERVENE

15 16 17 Lead Plaintiff Mariusz J. Klin and the Mariusz J. Klin MD PA 401K Profit Sharing Plan (“Lead Plaintiff”), along with Named Plaintiffs Robert Boguslawski and Arthur P. Hoffman, bring this putative securities class action against Defendants Cloudera, Inc., Hortonworks, Inc., Intel Corporation, and certain current and former officers and directors of Cloudera and Hortonworks, pursuant to §§ 10(b) and 20(a) of the Securities Exchange Act of 1934, SEC Rule 10b-5, 17 C.F.R. § 240.10b-5, and §§ 11, 12, and 15 of the Securities Act of 1933. ECF No. 173. Before the Court is a motion to intervene filed by putative class members Larry Lenick and Cade Jones (“Movants”). ECF No. 176. Having considered the parties’ submissions, the relevant law, and

1 Movants’ motion to intervene contains a notice of motion that is paginated…

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