In re Ripple Labs Inc. Litigation

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA

VLADI ZAKINOV, et al., Case No. 18-cv-06753-PJH Plaintiffs,

v. ORDER GRANTING MOTION FOR

CLASS CERTIFICATION

RIPPLE LABS, INC., et al., Re: Dkt. No. 181 Defendants.

13 Plaintiff’s motion for class certification came on for hearing on April 26, 2023. Plaintiff appeared through his counsel, Nicholas Spear, James Taylor-Copeland, Steven Sklaver, and Oleg Elkhunovich. Defendants appeared through their counsel, Andrew Michaelson, Damien Marshall, Bradley Oppenheimer, Meghan Strong, and Bethan Jones. 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. The factual and procedural backgrounds of the case are lengthy, and largely laid out in the court’s previous orders during the pleading stage. As relevant here, plaintiff Bradley Sostack seeks to…