Bailey
Bailey v. Zendesk, Inc.
Opinion
Trial Court Opinion
UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA 6 BRIAN BAILEY, et al., Case No. 23-cv-01243-JSC
Plaintiffs,
ORDER RE: MOTION FOR
v. APPOINTMENT AS CO-LEAD
PLAINTIFFS AND COUNSEL
ZENDESK, INC., et al., Re: Dkt. No. 13 Defendants.
12 Brian Bailey and Scott Franklin move for appointment as co-lead plaintiffs in this securities action under the Private Securities Litigation Reform Act of 1995 (“PSLRA”), 15 U.S.C. § 78u–4. Plaintiffs sued as individuals but refer to themselves in this motion as the “B&F Group.” No party submitted a competing motion for appointment as lead plaintiff. After carefully considering the arguments and briefing submitted, the Court concludes that oral argument is unnecessary, see Civ. L.R. 7-1(b), and GRANTS Plaintiffs motion to be appointed co-lead plaintiffs. The hearing set for July 13, 2023 is vacated. DISCUSSION The PSLRA directs district courts to appoint the lead plaintiff through a three-step process: (1) the…