Baker v. Barclays PLC et al

New York Southern District Court
Judge:Lewis J Liman
Case #: 1:23-cv-04881
Nature of Suit850 Other Statutes - Securities/Commodities/Exchange
Cause15:78j(b)ss Stockholder Suit
Case Filed:Jun 11, 2023
Last checked: Saturday Dec 09, 2023 4:41 AM EST
Defendant
Anna Cross
Defendant
Barclays Bank PLC
Defendant
Helene Vletter-Van Dort
Defendant
C.S. Venkatakrishnan
Defendant
Alex Thursby
Defendant
Tim Throsby
Defendant
James E. Staley
Defendant
Jeremy Scott
Defendant
Maria Richter
Defendant
Tushar Morzaria
Defendant
Helen Keelan
Defendant
Nigel Higgins
Defendant
Steven Ewart
Defendant
Barclays PLC
Movant
Richard Romano
Represented By
Daniel John Walker
Berger Montague PC
contact info
Plaintiff
Kenny Baker
Represented By
Timothy John MacFall
Rigrodsky Law, P.A.
contact info
Kathryn Weidner
Rosca Scarlato
contact info
Alan L Rosca
Rosca Scarlato LLC
contact info


Docket last updated: 07/17/2025 11:59 PM EDT
Friday, March 21, 2025
20 20 misc Notice of Filing Transcript Fri 03/21 3:47 PM
NOTICE OF FILING OF OFFICIAL TRANSCRIPT Notice is hereby given that an official transcript of a ORAL ARGUMENT proceeding held on 3/14/2025 has been filed by the court reporter/transcriber in the above-captioned matter. The parties have seven (7) calendar days to file with the court a Notice of Intent to Request Redaction of this transcript. If no such Notice is filed, the transcript may be made remotely electronically available to the public without redaction after 90 calendar days...Filed In Associated Cases: 1:23-cv-02583-LJL, 1:23-cv-04881-LJL.(McGuirk, Kelly)
Related: [-]
19 19 misc Transcript Fri 03/21 3:45 PM
TRANSCRIPT of Proceedings re: ORAL ARGUMENT held on 3/14/2025 before Judge Lewis J. Liman. Court Reporter/Transcriber: Andrew Walker, (212) 805-0300. Transcript may be viewed at the court public terminal or purchased through the Court Reporter/Transcriber before the deadline for Release of Transcript Restriction. After that date it may be obtained through PACER. Redaction Request due 4/11/2025. Redacted Transcript Deadline set for 4/21/2025. Release of Transcript Restriction set for 6/20/2025.Filed In Associated Cases: 1:23-cv-02583-LJL, 1:23-cv-04881-LJL.(McGuirk, Kelly)
Related: [-]
Tuesday, September 03, 2024
notice Notice of Redesignation to Magistrate Judge Tue 09/03 10:00 AM
NOTICE OF REDESIGNATION TO ANOTHER MAGISTRATE JUDGE. The above entitled action has been redesignated to Magistrate Judge Henry J. Ricardo to handle matters that may be referred in this case. Please note that this is a reassignment of the designation only. (jjc)
Related: [-]
Saturday, March 30, 2024
18 18 order Order on Motion for Leave to File Excess Pages Sat 03/30 8:12 AM
ORDER granting (82) Letter Motion for Leave to File Excess Pages in case 1:23-cv-02583-LJL (HEREBY ORDERED by Judge Lewis J. Liman)(Text Only Order) Filed In Associated Cases: 1:23-cv-02583-LJL, 1:23-cv-04881-LJL (Liman, Lewis)
Related: [-]
Thursday, March 07, 2024
17 17 order Order on Motion for Extension of Time to File Thu 03/07 3:43 PM
ORDER granting (78) Letter Motion for Extension of Time to File in case 1:23-cv-02583-LJL (HEREBY ORDERED by Judge Lewis J. Liman)(Text Only Order) Filed In Associated Cases: 1:23-cv-02583-LJL, 1:23-cv-04881-LJL (Liman, Lewis)
Related: [-]
Saturday, February 24, 2024
16 16 order Order on Motion for Leave to File Document Sat 02/24 9:18 AM
ORDER granting (76) Letter Motion for Leave to File Document in case 1:23-cv-02583-LJL. Upon the filing of the amended complaint, the pending motion to dismiss the complaint will be denied as moot. (HEREBY ORDERED by Judge Lewis J. Liman)(Text Only Order) Filed In Associated Cases: 1:23-cv-02583-LJL, 1:23-cv-04881-LJL (Liman, Lewis)
Related: [-]
Thursday, September 28, 2023
15 15 order Stipulation and Order ~Util - Set Deadlines Thu 09/28 3:12 PM
STIPULATION AND ORDER SETTING BRIEFING SCHEDULE, IT IS HEREBY STIPULATED AND AGREED, by and between the attorneys for the undersigned parties to this action, as follows:Lead Plaintiffs will file a Consolidated Amended Complaint no later than November 17, 2023;Barclays will file a brief in support of its Motion to Dismiss the Consolidated Amended Complaint no later than January 17, 2024;Lead Plaintiffs will file an opposition to Barclays' Motion to Dismiss the Consolidated Amended Complaint no later than February 22, 2024;Barclays will file a reply in further support of its Motion to Dismiss the Consolidated Amended Complaint no later than March 25, 2024; and By entering into this Stipulation, Barclays does not waive, and hereby expressly preserves, all potential defenses in this litigation, including but not limited to defenses relating to service, venue, or jurisdiction. Going forward, the parties are directed to make all filings in the lower captioned case (23-cv-2583) only. SO ORDERED. ( Amended Pleadings due by 11/17/2023., Motions due by 1/17/2024., Replies due by 3/25/2024., Responses due by 2/22/2024) (Signed by Judge Lewis J. Liman on 09/28/2023) (yv)
Related: [-]
Wednesday, September 13, 2023
14 14 45 pgs order Memorandum & Opinion Wed 09/13 5:47 PM
OPINION AND ORDER re: (17 in 1:23-cv-02583-LJL) MOTION to Appoint Ruth C. May, Donna E. Ledgerwood, Justin Reed, Jeffrey Knapp, Mark Howarth to serve as lead plaintiff(s) . filed by Ruth C. May, Donna E. Ledgerwood, (23 in 1:23-cv-02583-LJL, 23 in 1:23-cv-02583-LJL, 23 in 1:23-cv-02583-LJL) MOTION to Consolidate Cases 23-cv-04881 . MOTION to Appoint Kenny Baker to serve as lead plaintiff(s) . MOTION to Appoint Counsel for lead plaintiff . filed by Kenny Baker, (41 in 1:23-cv-02583-LJL) LETTER MOTION for Leave to File Sur-Reply addressed to Judge Lewis J. Liman from Mazin A. Sbaiti dated July 10, 2023. filed by Ruth C. May, Donna E. Ledgerwood, (5 in 1:23-cv-04881-LJL, 5 in 1:23-cv-04881-LJL, 5 in 1:23-cv-04881-LJL) MOTION to Appoint Counsel . MOTION to Appoint Richard Romano to serve as lead plaintiff(s) . MOTION to Consolidate Cases 1:23-cv-02583 . filed by Richard Romano, (20 in 1:23-cv-02583-LJL, 20 in 1:23-cv-02583-LJL, 20 in 1:23-cv-02583-LJL) MOTION to Appoint Counsel . MOTION to Appoint Richard Romano to serve as lead plaintiff(s) . MOTION to Consolidate Cases 1:23-cv-04881 . filed by Richard Romano. Baker's and Romano's motions to consolidate the May Action and the Baker Action and the May Groups motion for appointment as lead plaintiff and corresponding motion to appoint Mazin A. Sbaiti and Jonathan Bridges of Sbaiti & Company PLLC as lead counsel are GRANTED. Accordingly, Baker's and Romano's motions for appointment as lead plaintiff and corresponding motions to appoint their counsel as lead counsel are DENIED. The Clerk of Court is respectfully directed to consolidate Case Nos. 23-cv-2583 and 23-cv-4881 and to close Dkt. Nos. 17, 20, 23, 41 in Case No. 23-cv-2583 and Dkt. No. 5 in Case No. 23-cv-4881. SO ORDERED. (Signed by Judge Lewis J. Liman on 9/13/2023) (jca)
Related: [-]
utility Case Consolidation - Member Wed 09/13 6:42 PM
CONSOLIDATED MEMBER CASE: Create association to 1:23-cv-02583-LJL.. (jca)
Related: [-]
Thursday, August 03, 2023
minutes Oral Argument Tue 08/08 4:20 PM
Minute Entry for proceedings held before Judge Lewis J. Liman: Oral Argument held on 8/3/2023 re: (23 in 1:23-cv-02583-LJL, 23 in 1:23-cv-02583-LJL, 23 in 1:23-cv-02583-LJL) MOTION to Consolidate Cases 23-cv-04881 , MOTION to Appoint Kenny Baker to serve as lead plaintiff(s) , MOTION to Appoint Counsel for lead plaintiff filed by Kenny Baker, (5 in 1:23-cv-04881-LJL, 5 in 1:23-cv-04881-LJL, 5 in 1:23-cv-04881-LJL) MOTION to Appoint Counsel , MOTION to Appoint Richard Romano to serve as lead plaintiff(s) , MOTION to Consolidate Cases 1:23-cv-02583 . filed by Richard Romano, (20 in 1:23-cv-02583-LJL, 20 in 1:23-cv-02583-LJL, 20 in 1:23-cv-02583-LJL) MOTION to Appoint Counsel . MOTION to Appoint Richard Romano to serve as lead plaintiff(s) MOTION to Consolidate Cases 1:23-cv-04881 filed by Richard Romano. Mazin Sbaiti present for Plaintiffs Dr. Ruth C. May et al. Paul Scarlato, Alan Rosca, Kathryn Weidner, and Timothy MacFall present for Movant Kenny Baker. James Maro and Michael Dell'Angelo present for Movant Richard Romano. Matthew Porpora and Julia Malkina present for Barclay Defendants. Court reporter present. The Court heard argument from parties regarding the pending motions to consolidate and to appoint lead plaintiff(s) and counsel for lead plaintiff(s). Argument taken under advisement, decision reserved by the Court. Parties directed to order a copy of the transcript of the hearing on an expedited basis. (mf)
Related: [-]
Friday, July 21, 2023
order Order Fri 07/21 3:33 PM
ORDER: The Oral Argument on the pending motions previously set for July 24, 2023 is RESCHEDULED to August 3, 2023 at 10:00AM in Courtroom 15C at the 500 Pearl Street Courthouse. (HEREBY ORDERED by Judge Lewis J. Liman) (Text Only Order) (mf)
Related: [-]
utility Set/Reset Hearings Fri 07/21 3:34 PM
Set/Reset Hearings: Oral Argument set for 8/3/2023 at 10:00 AM in Courtroom 15C, 500 Pearl Street, New York, NY 10007 before Judge Lewis J. Liman. (mf)
Related: [-]
Thursday, July 20, 2023
13 13 motion Appear Pro Hac Vice Thu 07/20 12:46 PM
FILING ERROR - DEFICIENT DOCKET ENTRY - FIRST MOTION for Alan L. Rosca to Appear Pro Hac Vice . Filing fee $ 200.00, receipt number ANYSDC-28027951. Motion and supporting papers to be reviewed by Clerk's Office staff. Document filed by Kenny Baker..(Rosca, Alan) Modified on 7/20/2023 (sgz)
Related: [-]
Att: 1 Affidavit Affidavit,
Att: 2 Affidavit Notarized Signature,
Att: 3 Exhibit Exhibit-OH Cert of Good Standing,
Att: 4 Exhibit Exhibit -DC Cert of Good Standing,
Att: 5 Text of Proposed Order Proposed Order
12 12 motion Appear Pro Hac Vice Thu 07/20 12:34 PM
FILING ERROR - DEFICIENT DOCKET ENTRY - FIRST MOTION for Kathryn Weidner to Appear Pro Hac Vice . Filing fee $ 200.00, receipt number ANYSDC-28027759. Motion and supporting papers to be reviewed by Clerk's Office staff. Document filed by Kenny Baker..(Weidner, Kathryn) Modified on 7/20/2023 (sgz)
Related: [-]
Att: 1 Affidavit Affidavit,
Att: 2 Affidavit Notarized Signature,
Att: 3 Exhibit Exhibit,
Att: 4 Text of Proposed Order Proposed Order
misc Notice Regarding Deficient Motion to Appear Pro Hac Vice Thu 07/20 12:55 PM
>>>NOTICE REGARDING DEFICIENT MOTION TO APPEAR PRO HAC VICE. Notice to RE-FILE Document No. 12 FIRST MOTION for Kathryn Weidner to Appear Pro Hac Vice . Filing fee $ 200.00, receipt number ANYSDC-28027759. Motion and supporting papers to be reviewed by Clerk's Office staff... The filing is deficient for the following reason(s): missing Certificate of Good Standing from Supreme Court of Florida; Extra case number written on documents. Re-file the motion as a Motion to Appear Pro Hac Vice - attach the correct signed PDF - select the correct named filer/filers - attach valid Certificates of Good Standing issued within the past 30 days - attach Proposed Order. (sgz)
Related: [-]
misc Notice Regarding Deficient Motion to Appear Pro Hac Vice Thu 07/20 12:56 PM
>>>NOTICE REGARDING DEFICIENT MOTION TO APPEAR PRO HAC VICE. Notice to RE-FILE Document No. 13 FIRST MOTION for Alan L. Rosca to Appear Pro Hac Vice . Filing fee $ 200.00, receipt number ANYSDC-28027951. Motion and supporting papers to be reviewed by Clerk's Office staff... The filing is deficient for the following reason(s): Extra case number written on documents;. Re-file the motion as a Motion to Appear Pro Hac Vice - attach the correct signed PDF - select the correct named filer/filers - attach valid Certificates of Good Standing issued within the past 30 days - attach Proposed Order. (sgz)
Related: [-]
Monday, July 10, 2023
11 11 1 pgs order Order ~Util - Set Hearings Tue 07/11 9:27 AM
ORDER, Pending before the Court are motions to consolidate and to appoint lead plaintiff(s) and counsel for lead plaintiff(s) in the above captioned cases. The Court will hear oral argument on the pending motions on Monday, July 24, 2023 at 11:30 a.m. The oral argument will be held in person in Courtroom 15C, 500 Pearl Street, New York, NY 10007. SO ORDERED. ( Oral Argument set for 7/24/2023 at 11:30 AM in Courtroom 15C, 500 Pearl Street, New York, NY 10007 before Judge Lewis J. Liman.) (Signed by Judge Lewis J. Liman on 7/10/23) (yv)
Related: [-]
Wednesday, July 05, 2023
10 10 respm Declaration in Support of Motion Wed 07/05 10:33 PM
DECLARATION of Daniel J. Walker in Support re:5 MOTION to Appoint Counsel . MOTION to Appoint Richard Romano to serve as lead plaintiff(s) . MOTION to Consolidate Cases 1:23-cv-02583 .. Document filed by Richard Romano..(Walker, Daniel)
Related: [-]
9 9 respm Reply Memorandum of Law in Support of Motion Wed 07/05 10:32 PM
REPLY MEMORANDUM OF LAW in Support re:5 MOTION to Appoint Counsel . MOTION to Appoint Richard Romano to serve as lead plaintiff(s) . MOTION to Consolidate Cases 1:23-cv-02583 . . Document filed by Richard Romano..(Walker, Daniel)
Related: [-]
Tuesday, June 27, 2023
8 8 respm Reply Memorandum of Law in Support of Motion Tue 06/27 9:53 PM
REPLY MEMORANDUM OF LAW in Support re:5 MOTION to Appoint Counsel . MOTION to Appoint Richard Romano to serve as lead plaintiff(s) . MOTION to Consolidate Cases 1:23-cv-02583 . . Document filed by Richard Romano..(Walker, Daniel)
Related: [-]
Tuesday, June 13, 2023
7 7 respm Declaration in Support of Motion Tue 06/13 11:48 PM
DECLARATION of Daniel J. Walker in Support re:5 MOTION to Appoint Counsel . MOTION to Appoint Richard Romano to serve as lead plaintiff(s) . MOTION to Consolidate Cases 1:23-cv-02583 .. Document filed by Richard Romano..(Walker, Daniel)
Related: [-]
Att: 1 Exhibit A - Certification,
Att: 2 Exhibit B - Press Release,
Att: 3 Exhibit C - Loss Analysis,
Att: 4 Exhibit D - BMPC Firm Resume
6 6 19 pgs respm Memorandum of Law in Support of Motion Tue 06/13 11:47 PM
MEMORANDUM OF LAW in Support re:5 MOTION to Appoint Counsel . MOTION to Appoint Richard Romano to serve as lead plaintiff(s) . MOTION to Consolidate Cases 1:23-cv-02583 . . Document filed by Richard Romano..(Walker, Daniel)
Related: [-]
5 5 motion Appoint Counsel Appoint Lead Plaintiff(s) Consolidate Cases Tue 06/13 11:46 PM
MOTION to Appoint Counsel ., MOTION to Appoint Richard Romano to serve as lead plaintiff(s) ., MOTION to Consolidate Cases 1:23-cv-02583 . Document filed by Richard Romano..(Walker, Daniel)
Related: [-]
Att: 1 Text of Proposed Order Proposed Order
utility Case Accepted as Related Tue 06/13 2:28 PM
CASE ACCEPTED AS RELATED. Create association to 1:23-cv-02583-LJL. Notice of Assignment to follow. (sgz)
Related: [-]
notice Notice of Case Assignment/Reassignment Tue 06/13 2:30 PM
NOTICE OF CASE REASSIGNMENT to Judge Lewis J. Liman. Judge Unassigned is no longer assigned to the case. (sgz)
Related: [-]
utility Case Designation Tue 06/13 2:30 PM
Magistrate Judge James L. Cott is so designated. Pursuant to 28 U.S.C. Section 636(c) and Fed. R. Civ. P. 73(b)(1) parties are notified that they may consent to proceed before a United States Magistrate Judge. Parties who wish to consent may access the necessary form at the following link:[LINK:https://nysd.uscourts.gov/sites/default/files/2018-06/AO-3.pdf] . (sgz)
Related: [-]
Monday, June 12, 2023
4 4 misc Statement of Relatedness Mon 06/12 9:43 AM
STATEMENT OF RELATEDNESS re: that this action be filed as related to 1:23-cv-02583-LJL. Document filed by Kenny Baker..(MacFall, Timothy)
Related: [-]
3 3 misc Civil Cover Sheet Mon 06/12 9:40 AM
CIVIL COVER SHEET filed..(MacFall, Timothy)
Related: [-]
2 2 cmp Complaint Mon 06/12 9:33 AM
COMPLAINT against Barclays Bank PLC, Barclays PLC, Anna Cross, Steven Ewart, Nigel Higgins, Helen Keelan, Tushar Morzaria, Maria Richter, Jeremy Scott, James E. Staley, Tim Throsby, Alex Thursby, C.S. Venkatakrishnan, Helene Vletter-Van Dort. Document filed by Kenny Baker..(MacFall, Timothy)
Related: [-]
Att: 1 Exhibit PSLRA Cert.-Schedule A
misc Notice to Attorney Regarding Party Modification Mon 06/12 9:09 AM
***NOTICE TO ATTORNEY REGARDING PARTY MODIFICATION. Notice to attorney Timothy John MacFall. The party information for the following party/parties has been modified: Kenny Barker, BARCLAYS BANK PLC. The information for the party/parties has been modified for the following reason/reasons: party name contained a typographical error; party name was entered in all caps; party text was omitted. (vf)
Related: [-]
misc Notice to Attorney to Submit/File Civil Cover Sheet Mon 06/12 9:11 AM
***NOTICE TO ATTORNEY TO ELECTRONICALLY FILE CIVIL COVER SHEET. Notice to Attorney Timothy John MacFall. Attorney must electronically file the Civil Cover Sheet. Use the event type Civil Cover Sheet found under the event list Other Documents. (vf)
Related: [-]
misc Notice to Attorney to Submit/File Related Case Statement Mon 06/12 9:11 AM
***NOTICE TO ATTORNEY TO ELECTRONICALLY FILE RELATED CASE STATEMENT. Notice to Attorney Timothy John MacFall, for non compliance with Local Rule 13 of the Division of Business Among Judges. Attorney must electronically file the Related Case Statement. Use the event type Statement of Relatedness found under the event list Other Documents. (vf)
Related: [-]
misc Notice to Attorney Regarding Case Opening Statistical Error Correction Mon 06/12 9:16 AM
***NOTICE TO ATTORNEY REGARDING CIVIL. CASE OPENING STATISTICAL ERROR CORRECTION: Notice to attorney Timothy John MacFall. The following case opening statistical information was erroneously selected/entered: Cause of Action code 28:1331sv Fed. Question: Securities Violation; Dollar Demand $100000000000; Arbitration code e (Exempt); County code New York; Fee Status code due (due). The following correction(s) have been made to your case entry: the Cause of Action code has been modified to 15:78j(b)ss Stockholder Suit; the Dollar Demand has been modified to Blank; the Arbitration code has been deleted; the County code has been modified to XX Out of State; the Fee Status code has been modified to pd (paid). (vf)
Related: [-]
misc Notice to Attorney Regarding Deficient Pleading Mon 06/12 9:17 AM
***NOTICE TO ATTORNEY REGARDING DEFICIENT PLEADING. Notice to Attorney Timothy John MacFall to RE-FILE Document No. 1 Complaint. The filing is deficient for the following reason(s): the All Defendant radio button was selected. Re-file the pleading using the event type Complaint found under the event list Complaints and Other Initiating Documents - attach the correct signed PDF - select the individually named filer/filers - select the individually named party/parties the pleading is against. (vf)
Related: [-]
notice Case Opening Initial Assignment Notice Mon 06/12 9:21 AM
CASE OPENING INITIAL ASSIGNMENT NOTICE: The above-entitled action is assigned to Judge Unassigned. (vf)
Related: [-]
utility Case Designated ECF Mon 06/12 9:21 AM
Case Designated ECF. (vf)
Related: [-]
utility Case Referred as Possibly Related/Similar Mon 06/12 9:22 AM
CASE REFERRED TO Judge Lewis J. Liman as possibly related to 1:23-cv-02583. (vf)
Related: [-]
Sunday, June 11, 2023
1 1 67 pgs cmp Complaint Sun 06/11 5:33 PM
COMPLAINT against All Defendants. (Filing Fee $ 402.00, Receipt Number ANYSDC-27856155)Document filed by Kenny Barker..(MacFall, Timothy)
Related: [-]
Att: 1 Exhibit PSLRA Cert.-Schedule A,
Att: 2 Civil Cover Sheet Civil Cover Sheet,
Att: 3 Supplement Related Case Statement