Boston Retirement System v. Uber Technologies, Inc.

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA 9 BOSTON RETIREMENT SYSTEM, et al., Case No. 19-cv-06361-RS Plaintiffs, 11 v. ORDER GRANTING MOTION FOR CLASS CERTIFICATION UBER TECHNOLOGIES, INC., et al., 13 Defendants.

15 I. Introduction In this putative securities class action arising from the initial public offering (“IPO”) for Defendant Uber Technologies, Inc. (“Uber”), Plaintiff Boston Retirement System (“BRS”) and four individual plaintiffs bring a motion for class certification and seek appointment as class representatives. Defendants oppose the motion, arguing that BRS and the other named plaintiffs do not satisfy the typicality and adequacy requirements of Federal Rules of Civil Procedure 23(a)(3) and 23(a)(4), and that the predominance and superiority requirements of Rule 23(b)(3) are not met. For all the foregoing reasons, the motion for class certification is granted. Defendants’ affirmative defense of actual knowledge…