Villanueva

Villanueva v. Proterra Inc.

Good Law
United States District Court, Northern District of CaliforniaOctober 23, 20235:23-cv-03519California2,812 words

Opinion

Trial Court Opinion

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA SAN JOSE DIVISION 6 JEREMY VILLANUEVA, Case No. 23-cv-03519-BLF

Plaintiff,

ORDER APPOINTING CYRESS JAM

v. AS LEAD PLAINTIFF AND LEVI &

KORSINSKY AS LEAD COUNSEL

PROTERRA INC., et al., [Re: ECF No. 17, 21, 24, 25, 32, 36] Defendants.

12 Before the Court are six motions for appointment of lead plaintiff and approval of selection of lead counsel. ECF Nos. 17, 21, 24, 25, 32, 36. For the reasons stated below, the Court GRANTS Plaintiff Cyress Jam’s motion at ECF No. 21 and DENIES the remaining motions at ECF Nos. 16, 24, 25, 32, and 36. I. BACKGROUND On July 14, 2023, Jeremy Villanueva filed this putative securities class action lawsuit against Defendants Proterra Inc., Gareth T. Joyce, and Karina Franco Padilla (collectively “Defendants”). See ECF No. 1 (“Compl.”). Proterra designs and manufactures zero-emission electric transit vehicles and electric vehicle solutions for commercial…

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