In re Okta, Inc. Securities Litigation

Good Law
United States District Court, Northern District of CaliforniaAugust 26, 20223:22-cv-02990California1,415 words

Opinion

Trial Court Opinion

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA 7 CITY OF MIAMI FIRE FIGHTERS AND Case No. 22-cv-02990-SI

POLICE OFFICERS RETIREMENT

TRUST, ORDER APPOINTING LEAD

PLAINTIFF AND LEAD COUNSEL

Plaintiff, Re: Dkt. Nos. 14, 22, 28 v.

OKTA, INC., et al.,

Defendants.

14 On August 26, 2022, the Court held a hearing on the motions for appointment of lead plaintiff and lead counsel. Three motions were filed (see Dkt. Nos. 14, 22, 28) for appointment of lead plaintiff and counsel; however, two parties filed non-oppositions recognizing proposed lead plaintiff, Nebraska Investment Council (“Nebraska”), as the plaintiff likely to prevail for lead plaintiff. For the reasons set forth below, the Court GRANTS Nebraska’s motion for appointment as lead plaintiff and for lead counsel (Labaton Sucharow LLP as Lead Counsel and Wagstaffe, Von Loewenfeldt, Busch & Radwick LLP as Liaison Counsel). The parties shall file a stipulation regarding the schedule for the filing of an amended …

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