TOMASZEWSKI v. TREVENA, INC. et al, No. 2:2018cv04378 - Document 47 (E.D. Pa. 2019)

Court Description: MEMORANDUM OPINION ORDER THAT TREVENA GROUP'S MOTION TO APPOINT COUNSEL (DOC. NO. 8 ) IS GRANTED AS OUTLINED HEREIN. HUSEYIN ERENOGLU'S MOTION (DOC. NO. 9 ) IS DENIED. LANPHIE PING'S MOTION (DOC. NO. 5 ) IS DENIED. SIGNED BY HONORABLE CYNTHIA M. RUFE ON 5/28/2019. 5/29/2019 ENTERED AND COPIES MAILED TO COUNSEL AND E-MAILED.(amas)
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TOMASZEWSKI v. TREVENA, INC. et al Doc. 47 IN THE UNITED STATES DISTRICT COURT FOR THE EASTERN DISTRICT OF PENNSYLVANIA DR. WILLIAM TOMASZEWSKI, Individually and on Behalf of All Others Similarly Situated, CIVIL ACTION NO. 18-4378 Plaintiffs, v. TREVENA, INC., MAXINE GOWEN and ROBERTO CUCA, Defendants. ORDER AND NOW, this 28th day of May 2019, upon consideration of Huseyin Erenoglu’s Motion for Appointment as Lead Plaintiff and Approval of Counsel [Doc. No. 9], Trevena Group’s Motion to Appoint Counsel and Lead Plaintiff [Doc. No. 8], and Lanphie Ping’s Motion to Appoint Counsel and Appoint Lead Plaintiff [Doc. No. 5], the responses thereto, after oral arguments held on February 20, 2019, and for the reasons stated in the accompanying Memorandum Opinion, it is hereby ORDERED as follows: 1. Trevena Group’s Motion [Doc. No. 8] is GRANTED. a. Trevena Group, comprised of Albert Koch, Whittier Pierce, Christopher Beyers, Kevin Walsh and Peter Palmer, is appointed lead plaintiff in this litigation pursuant to 15 U.S.C. § 78u-4(a)(3)(B) of the Private Securities Litigation Reform Act. b. Trevena Group’s selection of Block & Leviton LLP as its choice of lead counsel and Kaufman Coren & Ress, P.C. as its liaison counsel, is approved pursuant to 15 U.S.C. § 78u-4(a)(3)(B)(v) of the Private Securities Litigation Reform Act. Dockets.Justia.com 2. Huseyin Erenoglu’s Motion [Doc. No. 9] is DENIED. 3. Lanphie Ping’s Motion [Doc. No. 5] is DENIED. It is so ORDERED. BY THE COURT: /s/ Cynthia M. Rufe _____________________________ CYNTHIA M. RUFE, J. 2