Young
Young v. Solana Labs, Inc.
Opinion
Trial Court Opinion
UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA 8 MARK YOUNG, Case No. 22-cv-03912-JD
Plaintiff,
ORDER RE LEAD PLAINTIFF AND
v. LEAD COUNSEL
SOLANA LABS, INC., et al., Defendants.
The Court grants movant Mark Young’s motion to serve as lead plaintiff and to appoint lead counsel, Dkt. No. 33, and orders as follows. Pursuant to Section 27(a)(3)(B) of the Securities Act, 15 U.S.C. § 77z-1(a)(3)(B), movant Mark Young is appointed as lead plaintiff for the putative class in this action. The pendency of this action was published as required under 15 U.S.C. § 77z-1(a)(3)(A). See Dkt. No. 20. It is not disputed that Young has the largest financial interest in the relief sought by the class, and he otherwise satisfies the requirements of Rule 23 of the Federal Rules of Civil Procedure. See 15 U.S.C. § 77z-1(a)(3)(B); In re Cavanaugh, 306 F.3d 726 (9th Cir. 2002). Young’s counsel in this action is Schneider Wallace Cottrell Konecky LLP. Pursuant to Section…