ORLAN v. SPONGETECH DELIVERY SYSTEMS, INC.

Nos. 10-CV-4093 (DLI)(RML), 10-CV-4104 (DLI)(RML)

JEFFREY P. ORLAN, et al., Plaintiffs, v. SPONGETECH DELIVERY SYSTEMS, INC., SECURTIIES LITIGATION, et al., Defendants. QUANG LE, et al., Plaintiffs, v. SPONGETECH DELIVERY SYSTEMS, INC., SECURTIIES LITIGATION, et al., Defendants.

United States District Court, E.D. New York.

March 24, 2017.

Editors Note
Applicable Law: 15 U.S.C. § 78m(a)
Cause: 15 U.S.C. § 78m(a) Securities Exchange Act
Nature of Suit: 850 Securities / Commodities
Source: PACER


Attorney(s) appearing for the Case

Travis Knadle, Movant, represented by William Federman , Federman & Sherwood.

Tony Mineruini, Movant, represented by William Federman , Federman & Sherwood.

Marc Pumerantz, Movant, represented by William Federman , Federman & Sherwood.

Randy Aldieri, Movant, represented by William Federman , Federman & Sherwood.

Ken Schwab, Movant, represented by William Federman , Federman & Sherwood.

Schick Group, Movant, represented by Phillip Kim , Rosen Law Firm, P.A. P.C..

Jeffrey P. Orlan, Plaintiff, represented by Gary S. Graifman , Kantrowitz Goldhamer & Graifman & Gary S. Graifman , Kantrowitz Goldhamer & Graifman.

The Sullivan Lead Plaintiff Group, Plaintiff, represented by Gary S. Graifman , Kantrowitz Goldhamer & Graifman.

Spongetech Delivery Systems, Inc., Defendant, represented by Paul Richard Bessette , Greenberg Traurig LLP.

Michael L. Metter, Defendant, represented by Paul Richard Bessette , Greenberg Traurig LLP.

Steven Moskowitz, Defendant, represented by Paul Richard Bessette , Greenberg Traurig LLP.

Frank Lazauskas, Defendant, represented by Paul Richard Bessette , Greenberg Traurig LLP.

RM Enterprises International, Inc., Defendant, represented by Paul Richard Bessette , Greenberg Traurig LLP.

Mr. Jack H Halperin, Defendant, represented by Anastasios Tonorezos , Wilson, Elser, Moskowitz, Edelman & Dicker LLP, Jeffrey J. Cunningham , Wilson Elser Moskowitz Edelman & Dicker LLP & Richard B. Porter , Wilson Elser Moskowitz Edelman & Dicker.


MEMORANDUM & ORDER

Class Plaintiffs ("Plaintiffs") were common shareholders in Spongetech Delivery Systems, Inc. ("Spongetech"), a publicly traded company that sold soap-filled sponges, inter alia. On March 29, 2012, the Court dismissed without prejudice the Third...

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