Blessing

Blessing v. Plex Systems, Inc.

Good Law
United States District Court, Northern District of CaliforniaDecember 22, 20214:21-cv-05951California7,849 words

Opinion

Trial Court Opinion

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA

JASON BLESSING, et al., Case No. 21-cv-05951-PJH Plaintiffs,

ORDER DENYING MOTION TO

v. DISMISS AND MOTIONS TO SEAL

PLEX SYSTEMS, INC., et al., Re: Dkt. Nos. 2, 24, 25, 28, 38 Defendants.

13 Defendants’ motion to dismiss came on for hearing before this court on November 4, 2021. Plaintiffs Jason Blessing and Rehmann Reyani appeared through their counsel, Bailey Heaps, Jaime Slaughter, and Elizabeth McCloskey. Defendants Plex Systems, Inc. and Plex Systems Holdings, Inc. (collectively, “Plex”) appeared through their counsel, Richard Horvath and Matthew Williams. Having read the papers filed by the parties and carefully considered their arguments and relevant authority, and good cause appearing, the court hereby rules as follows. BACKGROUND This is a securities case. Plaintiffs bring this suit against Plex for alleged violations of the federal Exchange Act and related state law claims. …

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