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Patel v. Seattle Genetics, Inc.

United States District Court, W.D. Washington, Seattle

April 7, 2017

SAMIT PATEL, individually and on behalf of all others similarly situated, Plaintiff,
v.
SEATTLE GENETICS, INC., CLAY B. SIEGALL, and TODD E. SIMPSON, Defendants.

          Cliff Cantor, WSBA # 17893 LAW OFFICES OF CLIFFORD A. CANTOR, P.C. One of Counsel for Movant and Proposed Liaison Counsel for the Class.

          ORDER APPOINTING LEAD PLAINTIFF AND APPROVING SELECTION OF COUNSEL

          RICARDO S. MARTINEZ CHIEF UNITED STATES DISTRICT JUDGE

         The Court has considered the motions for appointment of lead plaintiff and approval of counsel made by competing movants. The Court finds oral argument unnecessary and for good cause shown, hereby ORDERS as follows:

         :

         I. NEWLY-FILED OR TRANSFERRED ACTIONS

         1. When a case that arises out of the subject matter of this action is hereinafter filed in this Court or transferred to this Court from another court, the Clerk of this Court shall:

(a) file a copy of this Order in the separate file for such action;
(b) mail a copy of this Order to the attorneys for the plaintiff(s) in the newly filed or transferred case and to any new defendant(s) in the newly-filed or transferred case; and
(c) make the appropriate entry in the Master Docket.

         2. Each new case that arises out of the subject matter of this Action and that is filed in this Court or transferred to this Court shall be consolidated with this action and this Order shall apply thereto, unless a party objecting to this Order or any provision of this Order shall, within ten (10) days after the date upon which a copy of this Order is served on counsel for such party, files an application for relief from this Order or any provision herein and this Court deems it appropriate to grant such application.

         II. APPOINTMENT OF LEAD PLAINTIFF AND LEAD COUNSEL

         3. Having reviewed all pending motions, the Court hereby appoints movant Carl Johnson (“Johnson”) as Lead Plaintiff for the class (the “Class”). Johnson satisfies all of the requirements for lead plaintiff pursuant to the Private Securities Litigation Reform Act of 1995 (“PSLRA”).

         4. Lead Plaintiff, pursuant to Section 21D(a)(3)(B)(v), has selected and retained the law firm of Pomerantz LLP as Lead Counsel and the Law Offices of Clifford A. Cantor, P.C. as Liaison Counsel for the Class. The Court approves Lead Plaintiff's selection of Counsel for the Class.

         5. Lead Counsel shall have the following responsibilities and duties, to be carried out either personally or through ...


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