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BUELOW v. ALIBABA GROUP HOLDING LIMITED

Case No. 15-cv-05179-BLF.

GARY BUELOW, et al., Plaintiffs, v. ALIBABA GROUP HOLDING LIMITED, et al., Defendants.

United States District Court, N.D. California, San Jose Division.

January 20, 2016.

Attorney(s) appearing for the Case

Gary Buelow, Plaintiff, represented by Christopher Paul Seefer , Robbins Geller Rudman & Dowd LLP, David William Hall , Robbins Geller Rudman and Dowd LLP, John H. George , Robbins, Geller, Rudman & Dowd LLP, Shawn A. Williams , Robbins Geller Rudman & Dowd LLP, Albert Y. Chang , Bottini and Bottini, Inc., Alexandra P Summer , Cotchett, Pitre & McCarthy, LLP, Francis A. Bottini, Jr. , Bottini & Bottini, Inc., Joseph W. Cotchett , Cotchett Pitre & McCarthy LLP, Mark Cotton Molumphy , Cotchett, Pitre & McCarthy LLP & Yury A. Kolesnikov , Bottini and Bottini, Inc..

Rustem Nurlybayev, Plaintiff, represented by Christopher Paul Seefer , Robbins Geller Rudman & Dowd LLP, David William Hall , Robbins Geller Rudman and Dowd LLP, John H. George , Robbins, Geller, Rudman & Dowd LLP, Shawn A. Williams , Robbins Geller Rudman & Dowd LLP, Albert Y. Chang , Bottini and Bottini, Inc., Alexandra P Summer , Cotchett, Pitre & McCarthy, LLP, Francis A. Bottini, Jr. , Bottini & Bottini, Inc., Joseph W. Cotchett , Cotchett Pitre & McCarthy LLP, Mark Cotton Molumphy , Cotchett, Pitre & McCarthy LLP & Yury A. Kolesnikov , Bottini and Bottini, Inc..

Michael Hercules, Plaintiff, represented by Christopher Paul Seefer , Robbins Geller Rudman & Dowd LLP, David William Hall , Robbins Geller Rudman and Dowd LLP, John H. George , Robbins, Geller, Rudman & Dowd LLP, Shawn A. Williams , Robbins Geller Rudman & Dowd LLP, Albert Y. Chang , Bottini and Bottini, Inc., Alexandra P Summer , Cotchett, Pitre & McCarthy, LLP, Francis A. Bottini, Jr. , Bottini & Bottini, Inc., Joseph W. Cotchett , Cotchett Pitre & McCarthy LLP, Mark Cotton Molumphy , Cotchett, Pitre & McCarthy LLP & Yury A. Kolesnikov , Bottini and Bottini, Inc..

Alibaba Group Holding Limited, Defendant, represented by James Glenn Kreissman , Simpson Thatcher & Bartlett LLP, Simona Gurevich Strauss , Simpson Thacher & Bartlett LLP & Stephen Patrick Blake , Simpson Thacher Bartlett LLP.

Credit Suisse Securities (USA) LLC, Defendant, represented by Stephen D. Hibbard , Shearman & Sterling LLP.

Deutsche Bank Securities Inc., Defendant, represented by Stephen D. Hibbard , Shearman & Sterling LLP.

Goldman Sachs (Asia) LLC, Defendant, represented by Stephen D. Hibbard , Shearman & Sterling LLP.

J.P. Morgan Securities LLC, Defendant, represented by Stephen D. Hibbard , Shearman & Sterling LLP.

Citigroup Global Markets Inc., Defendant, represented by Stephen D. Hibbard , Shearman & Sterling LLP.

HSBC Securities (USA) Inc., Defendant, represented by Stephen D. Hibbard , Shearman & Sterling LLP.

Mizuho Securities USA Inc., Defendant, represented by Stephen D. Hibbard , Shearman & Sterling LLP.

KeyBanc Capital Markets Inc. (formerly known as Pacific Crest Securities LLC), Defendant, represented by Stephen D. Hibbard , Shearman & Sterling LLP.

Stifel, Nicolaus & Company, Incorporated, Defendant, represented by Stephen D. Hibbard , Shearman & Sterling LLP.

Wells Fargo Securities, LLC, Defendant, represented by Stephen D. Hibbard , Shearman & Sterling LLP.

Evercore Group LLC, Defendant, represented by Stephen D. Hibbard , Shearman & Sterling LLP.

ORDER GRANTING MOTION TO REMAND AND DENYING MOTION TO STAY

[Re: ECF 22, 23]

Before the Court are Plaintiffs' Motion to Remand ("Remand Mot."), ECF 22, and Defendants' Motion to Stay, ECF 23. Having considered the submissions of the parties, the relevant law, and the record in this case, the...

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