In re Silver Lake Group, L.L.C. Securities Litigation

Good Law
United States District Court, Northern District of CaliforniaApril 26, 20234:20-cv-02341California1,079 words

Opinion

Trial Court Opinion

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA 6 IN RE SILVERLAKE GROUP, L.L.C Case No. 20-cv-02341-JSW

SECURITIES LITIGATION

ORDER GRANTING MOTIONS TO

DISMISS SECOND AMENDED CLASS

This document applies to all actions. ACTION COMPLAINT Re: Dkt. Nos. 159, 161, 164 10

12 Now before the Court for consideration are motions to dismiss filed by: (1) BC Partners LLP, Serafina S.A., BC European Capital VIII, BC European Capital-Intelsat Co-Investment, BC European Capital-Intelsat Co-Investment 1; CI Management II Limited, LMBO Europe SAS, Raymond Svider (“Svider”), and Justin Bateman (“Bateman”) (collectively “BC Partners”); (2) Silver Lake Group, L.L.C., SLP III Investment Holdings S.a.r.l., Silver Lake Partners III, L.P., Silver Lake Technology Investors III, L.P., Silver Lake Technology Associates III, L.P., and STLA III (GP), L.L.C. (“Silver Lake”); and (3) David McGlade (“McGlade). The Court has considered the parties’ papers, relevant legal authority and Lead Plaintiff’s statement of recent decision, and the…

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