IN RE XP INC. SECURITIES LITIGATION

No. 21-903-cv.

4FS FAMILY, INC., USHA PRAKASH, SWAYAM PRAKASH, Lead Plaintiffs-Appellants, JOSEPH ACERNO, Plaintiff, v. MARTIN EMILIANO ESCOBARI LIFCHITZ, JARED WILSON, GOLDMAN SACHS & CO. LLC, J.P. MORGAN SECURITIES LLC, MORGAN STANLEY & CO. LLC, XP INVESTMENTS US, LLC, ITAU BBA USA SECURITIES, INC., BOFA SECURITIES, INC., CITIGROUP GLOBAL MARKETS INC., CREDIT SUISSE SECURITIES (USA) LLC, UBS SECURITIES LLC, XP INC., Defendants-Appellees, ITB HOLDING BRASIL PARTIPACOES LTDA., GUILHERME DIAS FERNANDES BENCHIMOL, BRUNO CONSTANTINO ALEXANDRE DOS SANTOS, FABRICIO CUNHA DE ALMEIDA, GABRIEL KLAS DA ROCHA LEAL, GUILHERME SANTANA MONTEIRO DA SILVA, JULIO CAPUA RAMOS DA SILVA, GERALDO JOSE CARBONE, FRANCISCO EDUARDO DE ALMEIDA PINTO, MARIA HELENA DOS SANTOS FERNANDES DE SANTANA, BERNARDO AMARAL BOTELHO, XP CONTROLE PARTIPACOES S.A., GERALDO TRAVAGLIA FILHO, CARLOS ALBERTO FERREIRA FILHO, Defendants. IN RE: XP INC. SECURITIES LITIGATION.

United States Court of Appeals, Second Circuit.

November 22, 2021.


Attorney(s) appearing for the Case

JACOB A. GOLDBERG (Leah Heifetz-Li, on the brief), The Rosen Law Firm, P.A., Jenkintown, PA ( Laurence J. Hasson , Joseph R. Seidman, Jr. , Bernstein Liebhard LLP, New York, NY, on the brief). FOR LEAD PLAINTIFFS-APPELLANTS:

ANTONIO J. PEREZ-MARQUES ( Daniel J. Schwartz , Craig J. Bergman , Esther C. Townes , on the brief), Davis Polk & Wardwell LLP, New York, NY, for Martin Emiliano Escobari Lifchitz, Jared Wilson, XP Investments US, LLC, XP Inc.

Jed Schwartz ( Scott A. Edelman , Kindgar Prussien , on the brief), Milbank LLP, New York, NY, for Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, Itau BBA USA Securities, Inc., BofA Securities, Inc., Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, UBS Securities LLC. FOR DEFENDANTS-APPELLEES:

PRESENT: PIERRE N. LEVAL, JOSÉ A. CABRANES, DENNY CHIN,


SUMMARY ORDER

Rulings by summary order do not have precedential effect. Citation to a summary order filed on or after January 1, 2007, is permitted and is governed by Federal Rule of Appellate Procedure 32.1 and this Court's Local Rule 32.1.1. When citing a summary order in a document filed with this Court, a party must cite either the Federal Appendix or an electronic database (with the notation "summary order"). A party citing a summary order must serve...

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