IN RE FACEBOOK, INC. IPO SECURITIES AND DERIVATIVE LITIGATION

No. MDL No. 12-2389.

IN RE FACEBOOK, INC., IPO SECURITIES AND DERIVATIVE LITIGATION.

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

December 29, 2015.


Attorney(s) appearing for the Case

Institutional Investor Group, Lead Plaintiff, represented by Salvatore Jo Graziano, Bernstein Litowitz Berger & Grossmann LLP, Adam Henry Wierzbowski , Bernstein Litowitz Berger & Grossmann LLP, Gerald H. Silk , Bernstein Litowitz Berger & Grossmann LLP, James W. Johnson , Labaton Sucharow, LLP, John James Rizio-Hamilton , Bernstein Litowitz Berger & Grossmann LLP, Stefanie Jill Sundel , Bernstein, Litowitz, Berger & Grossman, Steven B. Singer , Bernstein Litowitz Berger & Grossmann LLP, Thomas A. Dubbs , Labaton Sucharow, LLP, Christopher J. Keller , Labaton Sucharow, LLP, Darren J. Check , Kessler Topaz Meltzer & Check, LLP, Eric James Belfi , Labaton Sucharow, LLP, Michael Walter Stocker , Labaton Sucharow LLP & Salvatore J. Graziano , Bernstein Litowitz Berger & Grossmann LLP. Sean M. Handler , Kessler Topaz Meltzer & Check, LLP.

North Carolina Department of State Treasurer, Lead Plaintiff, represented by Salvatore Jo Graziano, Bernstein Litowitz Berger & Grossmann LLP, Catherine McCaw , Bernstein Litowitz Berger & Grossmann LLP, James W. Johnson , Labaton Sucharow, LLP, John James Rizio-Hamilton , Bernstein Litowitz Berger & Grossmann LLP, Thomas A. Dubbs , Labaton Sucharow, LLP, Thomas Gregory Hoffman, Jr. , Labaton Sucharow, LLP, Timothy Alan DeLange , Bernstein Litowitz Berger & Grossmann LLP, Christopher J. Keller , Labaton Sucharow, LLP, Eric James Belfi , Labaton Sucharow, LLP & Michael Walter Stocker , Labaton Sucharow LLP.

Banyan Capital Master Fund Ltd., Lead Plaintiff, represented by Catherine McCaw , Bernstein Litowitz Berger & Grossmann LLP, James W. Johnson , Labaton Sucharow, LLP, Thomas A. Dubbs , Labaton Sucharow, LLP, Timothy Alan DeLange , Bernstein Litowitz Berger & Grossmann LLP, Christopher J. Keller , Labaton Sucharow, LLP, Darren J. Check , Kessler Topaz Meltzer & Check, LLP, David Kessler , Kessler Topaz Meltzer & Check, LLP, Eric James Belfi , Labaton Sucharow, LLP, Michael Walter Stocker , Labaton Sucharow LLP, Naumon A. Amjed , Kessler Topaz Meltzer & Check, LLP, Sean M. Handler , Kessler Topaz Meltzer & Check, LLP & Sharan Nirmul , Kessler Topaz Meltzer & Check, LLP.

Arkansas Teacher Retirement System, Lead Plaintiff, represented by Salvatore Jo Graziano, Bernstein Litowitz Berger & Grossmann LLP, Catherine McCaw , Bernstein Litowitz Berger & Grossmann LLP, James W. Johnson , Labaton Sucharow, LLP, John James Rizio-Hamilton , Bernstein Litowitz Berger & Grossmann LLP, Thomas A. Dubbs , Labaton Sucharow, LLP, Thomas Gregory Hoffman, Jr. , Labaton Sucharow, LLP & Timothy Alan DeLange , Bernstein Litowitz Berger & Grossmann LLP.

Fresno County Employees' Retirement Association, Lead Plaintiff, represented by Salvatore Jo Graziano, Bernstein Litowitz Berger & Grossmann LLP, Catherine McCaw , Bernstein Litowitz Berger & Grossmann LLP, James W. Johnson , Labaton Sucharow, LLP, John James Rizio-Hamilton , Bernstein Litowitz Berger & Grossmann LLP, Thomas A. Dubbs , Labaton Sucharow, LLP, Thomas Gregory Hoffman, Jr. , Labaton Sucharow, LLP, Timothy Alan DeLange , Bernstein Litowitz Berger & Grossmann LLP, Christopher J. Keller , Labaton Sucharow, LLP, Eric James Belfi , Labaton Sucharow, LLP & Michael Walter Stocker , Labaton Sucharow LLP.

Avatar Securities, LLC, Plaintiff, represented by Andrew J Entwistle , Entwistle & Cappucci LLP, Jordan Abraham Cortez , Entwistle & Cappucci LLP, Robert N Cappucci , Entwistle & Cappucci LLP & Vincent Roger Cappucci , Entwistle & Cappucci LLP.

Meredith Bailey, Plaintiff, represented by Christopher Lovell , Lovell Stewart Halebian Jacobson LLP, Douglas G. Thompson , Finkelstein,Thompson & Loughran, Jacob H. Zamansky , Zamansky & Associates LLC, Michael Glenn McLellan , Finkelstein Thompson LLP & Victor E. Stewart , Lovell Stewart Halebian Jacobson LLP.

Dmitri Bougakov, Plaintiff, represented by Christopher Lovell , Lovell Stewart Halebian Jacobson LLP, Douglas G. Thompson , Finkelstein,Thompson & Loughran, Jacob H. Zamansky , Zamansky & Associates LLC, Michael Glenn McLellan , Finkelstein Thompson LLP & Victor E. Stewart , Lovell Stewart Halebian Jacobson LLP.

Ryan Cefalu, Plaintiff, represented by Christopher Lovell , Lovell Stewart Halebian Jacobson LLP, Douglas G. Thompson , Finkelstein,Thompson & Loughran, Jacob H. Zamansky , Zamansky & Associates LLC, Michael Glenn McLellan , Finkelstein Thompson LLP & Victor E. Stewart , Lovell Stewart Halebian Jacobson LLP.

Lorrain Chin, Plaintiff, represented by Lorrain Chin, Pro Se.

First New York Securities L.L.C., Plaintiff, represented by Andrew J Entwistle , Entwistle & Cappucci LLP, Jordan Abraham Cortez , Entwistle & Cappucci LLP, Robert N Cappucci , Entwistle & Cappucci LLP & Vincent Roger Cappucci , Entwistle & Cappucci LLP.

Atish Gandhi, Plaintiff, represented by Christopher Lovell , Lovell Stewart Halebian Jacobson LLP, Douglas G. Thompson , Finkelstein,Thompson & Loughran, Jacob H. Zamansky , Zamansky & Associates LLC, Michael Glenn McLellan , Finkelstein Thompson LLP & Victor E. Stewart , Lovell Stewart Halebian Jacobson LLP.

Phillip Goldberg, Plaintiff, represented by Christopher Lovell , Lovell Stewart Halebian Jacobson LLP, Douglas G. Thompson , Finkelstein,Thompson & Loughran, Fred Taylor Isquith , Lovell Stewart Halebian Jacobson LLP, Jacob H. Zamansky , Zamansky & Associates LLC, Michael Glenn McLellan , Finkelstein Thompson LLP & Victor E. Stewart , Lovell Stewart Halebian Jacobson LLP.

Eric Hamrick, Plaintiff, represented by Christopher Lovell , Lovell Stewart Halebian Jacobson LLP, Douglas G. Thompson , Finkelstein,Thompson & Loughran, Jacob H. Zamansky , Zamansky & Associates LLC, Michael Glenn McLellan , Finkelstein Thompson LLP & Victor E. Stewart , Lovell Stewart Halebian Jacobson LLP.

Steve Jarvis, Plaintiff, represented by Christopher Lovell , Lovell Stewart Halebian Jacobson LLP, Douglas G. Thompson , Finkelstein,Thompson & Loughran, Jacob H. Zamansky , Zamansky & Associates LLC, Michael Glenn McLellan , Finkelstein Thompson LLP & Victor E. Stewart , Lovell Stewart Halebian Jacobson LLP.

Joe Johnson, Plaintiff, represented by Christopher Lovell , Lovell Stewart Halebian Jacobson LLP, Douglas G. Thompson , Finkelstein,Thompson & Loughran, Jacob H. Zamansky , Zamansky & Associates LLC, Michael Glenn McLellan , Finkelstein Thompson LLP & Victor E. Stewart , Lovell Stewart Halebian Jacobson LLP.

Nuhket Kayahan, Plaintiff, represented by Christopher Lovell , Lovell Stewart Halebian Jacobson LLP, Douglas G. Thompson , Finkelstein,Thompson & Loughran, Jacob H. Zamansky , Zamansky & Associates LLC, Michael Glenn McLellan , Finkelstein Thompson LLP & Victor E. Stewart , Lovell Stewart Halebian Jacobson LLP.

David Kenton, Plaintiff, represented by Christopher Lovell , Lovell Stewart Halebian Jacobson LLP, Douglas G. Thompson , Finkelstein,Thompson & Loughran, Jacob H. Zamansky , Zamansky & Associates LLC, Michael Glenn McLellan , Finkelstein Thompson LLP & Victor E. Stewart , Lovell Stewart Halebian Jacobson LLP.

Dennis Kuhn, Plaintiff, represented by Christopher Lovell , Lovell Stewart Halebian Jacobson LLP, Douglas G. Thompson , Finkelstein,Thompson & Loughran, Jacob H. Zamansky , Zamansky & Associates LLC, Michael Glenn McLellan , Finkelstein Thompson LLP & Victor E. Stewart , Lovell Stewart Halebian Jacobson LLP.

Benjamin Levine, Plaintiff, represented by Christopher Lovell , Lovell Stewart Halebian Jacobson LLP, Douglas G. Thompson , Finkelstein,Thompson & Loughran, Jacob H. Zamansky , Zamansky & Associates LLC, Michael Glenn McLellan , Finkelstein Thompson LLP & Victor E. Stewart , Lovell Stewart Halebian Jacobson LLP.

Katerhine Loiacono, Plaintiff, represented by Christopher Lovell , Lovell Stewart Halebian Jacobson LLP, Douglas G. Thompson , Finkelstein,Thompson & Loughran, Jacob H. Zamansky , Zamansky & Associates LLC, Michael Glenn McLellan , Finkelstein Thompson LLP & Victor E. Stewart , Lovell Stewart Halebian Jacobson LLP.

Crystal McMahon, Plaintiff, represented by Christopher Lovell , Lovell Stewart Halebian Jacobson LLP, Douglas G. Thompson , Finkelstein,Thompson & Loughran, Jacob H. Zamansky , Zamansky & Associates LLC, Michael Glenn McLellan , Finkelstein Thompson LLP & Victor E. Stewart , Lovell Stewart Halebian Jacobson LLP.

George Michalitsianos, Plaintiff, represented by Christopher Lovell , Lovell Stewart Halebian Jacobson LLP, Douglas G. Thompson , Finkelstein,Thompson & Loughran, Jacob H. Zamansky , Zamansky & Associates LLC, Michael Glenn McLellan , Finkelstein Thompson LLP & Victor E. Stewart , Lovell Stewart Halebian Jacobson LLP.

Randy Teresa Mielke, Plaintiff, represented by Christopher Lovell , Lovell Stewart Halebian Jacobson LLP, Douglas G. Thompson , Finkelstein,Thompson & Loughran, Jacob H. Zamansky , Zamansky & Associates LLC, Michael Glenn McLellan , Finkelstein Thompson LLP & Victor E. Stewart , Lovell Stewart Halebian Jacobson LLP.

Jacinto Rivera, Plaintiff, represented by Christopher Lovell , Lovell Stewart Halebian Jacobson LLP, Douglas G. Thompson , Finkelstein,Thompson & Loughran, Jacob H. Zamansky , Zamansky & Associates LLC, Michael Glenn McLellan , Finkelstein Thompson LLP & Victor E. Stewart , Lovell Stewart Halebian Jacobson LLP.

Faisal Sami, Plaintiff, represented by Christopher Lovell , Lovell Stewart Halebian Jacobson LLP, Douglas G. Thompson , Finkelstein,Thompson & Loughran, Jacob H. Zamansky , Zamansky & Associates LLC, Michael Glenn McLellan , Finkelstein Thompson LLP & Victor E. Stewart , Lovell Stewart Halebian Jacobson LLP.

Sanjeev Sharma, Plaintiff, represented by Christopher Lovell , Lovell Stewart Halebian Jacobson LLP, Douglas G. Thompson , Finkelstein,Thompson & Loughran, Jacob H. Zamansky , Zamansky & Associates LLC, Michael Glenn McLellan , Finkelstein Thompson LLP & Victor E. Stewart , Lovell Stewart Halebian Jacobson LLP.

Colin Suzman, Plaintiff, represented by Christopher Lovell , Lovell Stewart Halebian Jacobson LLP, Douglas G. Thompson , Finkelstein,Thompson & Loughran, Jacob H. Zamansky , Zamansky & Associates LLC, Michael Glenn McLellan , Finkelstein Thompson LLP & Victor E. Stewart , Lovell Stewart Halebian Jacobson LLP.

T3 Trading Group, LLC, Plaintiff, represented by Andrew J Entwistle , Entwistle & Cappucci LLP, Jordan Abraham Cortez , Entwistle & Cappucci LLP, Robert N Cappucci , Entwistle & Cappucci LLP & Vincent Roger Cappucci , Entwistle & Cappucci LLP.

Vijay Akkaraju, Plaintiff, represented by Nancy Kaboolian , Abbey Spanier Rodd Abrams & Paradis, LLP.

Alexis Alexander, Plaintiff, represented by Arthur N. Abbey , Abbey Spanier Rodd Abrams & Paradis, LLP & Nancy Kaboolian , Abbey Spanier Rodd Abrams & Paradis, LLP.

Brian Roffe Profit Sharing Plan, Plaintiff, represented by Darren J. Robbins , Robbins Geller Rudman & Dowd LLP & David Avi Rosenfeld , Robbins Geller Rudman & Dowd LLP.

Brian Roffe Profit Sharing Plan, Plaintiff, represented by David C. Walton, Robbins Geller Rudman & Dowd LLP, Deborah R Gross , Kaufman Coren & Ress, PC, Jack Gerald Fruchter , Abraham Fruchter & Twersky LLP, Joseph M Profy , The Weisler Law Firm, P.C., Robert B. Weiser , The Weiser Law Firm, P.C. & Samuel Howard Rudman , Robbins Geller Rudman & Dowd LLP.

Jose Galvan, Plaintiff, represented by Jeremy Alan Lieberman , Pomerantz LLP & Joy A. Kruse , Lieff Cabraser Heimann & Bernstein, LLP.

Mary Galvan, Plaintiff, represented by Jeremy Alan Lieberman , Pomerantz LLP & Joy A. Kruse , Lieff Cabraser Heimann & Bernstein, LLP.

Robert Herpst, Plaintiff, represented by Arthur N. Abbey , Abbey Spanier Rodd Abrams & Paradis, LLP & Nancy Kaboolian , Abbey Spanier Rodd Abrams & Paradis, LLP.

Sanjay Israni, Plaintiff, represented by Francis M Gregorek , Wolf Haldenstein Adler Freeman & Herz, Gregory Mark Nespole , Wolf Haldenstein Adler Freeman & Herz LLP, Patrick Hugh Moran , Wolf Haldenstein Adler Freeman and Herz LLP, Rachele R Rickert , Wolf Haldenstein Adler Freeman & Herz & Robert B. Weintraub , Wolf Haldenstein Adler Freeman & Herz.

KBC Asset Management NV, Plaintiff, represented by David P. Abel , Motley Rice LLC, James M. Hughes , Motley Rice LLC, Joseph F. Rice , Motley Rice LLC, Mark Labaton , Motley Rice LLP, Rebecca M Katz , Motley Rice LLC & William Stephen Norton , Motley Rice LLC.

Douglas M. Lightman, Plaintiff, represented by Gustavo Fabian Bruckner , Pomerantz Haudek Block Grossman & Gross LLP, Jeremy Alan Lieberman , Pomerantz LLP, Marc Ian Gross , Pomerantz Haudek Block Grossman & Gross LLP & Patrick Vincent Dahlstrom , Pomerantz LLP.

Dennis Palkon, Plaintiff, represented by Darren J. Robbins , Robbins Geller Rudman & Dowd LLP.

Dennis Palkon, Plaintiff, represented by David C. Walton, Robbins Geller Rudman & Dowd LLP, Deborah R Gross , Kaufman Coren & Ress, PC, Jack Gerald Fruchter , Abraham Fruchter & Twersky LLP, Joseph M Profy , The Weisler Law Firm, P.C., Robert B. Weiser , The Weiser Law Firm, P.C. & Samuel Howard Rudman , Robbins Geller Rudman & Dowd LLP.

Rick Pond, Plaintiff, represented by Kevin Sylvan Landau , Taus, Cebulash & Landau, LLP.

Jacob Salzmann, Plaintiff, represented by Darren J. Robbins , Robbins Geller Rudman & Dowd LLP.

Jacob Salzmann, Plaintiff, represented by David C. Walton, Robbins Geller Rudman & Dowd LLP, Jack Gerald Fruchter , Abraham Fruchter & Twersky LLP, Joseph M Profy , The Weisler Law Firm, P.C., Robert B. Weiser , The Weiser Law Firm, P.C. & Samuel Howard Rudman , Robbins Geller Rudman & Dowd LLP.

Michael Spatz, Plaintiff, represented by Francis M Gregorek , Wolf Haldenstein Adler Freeman & Herz, Gregory Mark Nespole , Wolf Haldenstein Adler Freeman & Herz LLP, Patrick Hugh Moran , Wolf Haldenstein Adler Freeman and Herz LLP, Rachele R Rickert , Wolf Haldenstein Adler Freeman & Herz & Robert B. Weintraub , Wolf Haldenstein Adler Freeman & Herz.

Maren Twining, Plaintiff, represented by Christopher S. Polaszek , Morgan & Morgan, P.A, Domenico George Minerva , Morgan & Morgan, P.C., Elizabeth Metcalf , Morgan & Morgan, P.C. & Peter George Safirstein , Morgan & Morgan, P.C..

Goldrich Cousins P.C. 401(k) Profit Sharing Plan & Trust, Plaintiff, represented by Ann Miller, Donovan, Miller, L.L.C.

Goldrich Cousins P.C. 401(k) Profit Sharing Plan & Trust, Plaintiff, represented by Daniella Quitt , Harwood Feffer LLP, Douglas Matthew Risen , Berger & Montague, P.C., Robert I. Harwood , Harwood Feffer LLP, Robin B. Switzenbaum , Berger & Montague, P.C. & Todd S. Collins , Berger & Montague, P.C..

Irving S. Braun, Plaintiff, represented by Curtis Victor Trinko , Law Offices of Curtis V. Trinko, LLP & Darren J. Check , Kessler Topaz Meltzer & Check, LLP.

Irving S. Braun, Plaintiff, represented by Marc A. Topaz, Schiffrin & Barroway, L.L.P, Sean M. Handler , Kessler Topaz Meltzer & Check, LLP, Curtis Victor Trinko , Law Offices of Curtis V. Trinko, LLP & Darren J. Check , Kessler Topaz Meltzer & Check, LLP.

Irving S. Braun, Plaintiff, represented by Marc A. Topaz, Schiffrin & Barroway, L.L.P & Sean M. Handler , Kessler Topaz Meltzer & Check, LLP.

Edward Childs, Plaintiff, represented by Brian Philip Murray , Glancy Prongay & Murray LLP, Gregory Bradley Linkh , Glancy Prongay & Murray LLP & Mark Robert Rosen , Barrack, Rodos & Bacine.

Kathy Reichenbaum, Plaintiff, represented by Jeffrey Alan Klafter , Klafter, Olsen & Lesser, LLP.

Kathy Reichenbaum, Plaintiff, represented by Kurt B. Olsen & Seth Richard Lesser , Klafter, Olsen & Lesser, LLP.

Jun Yan, Plaintiff, represented by Brian Philip Murray , Glancy Prongay & Murray LLP & Shiyong Ye , Murray Fank & Sailer.

Elbita Alfonso, Plaintiff, represented by Seth David Rigrodsky , Rigrodsky & Long, P.A., Thomas James McKenna , Gainey McKenna & Egleston & Timothy John MacFall , Rigrodsky & Long, P.A..

Steve Griffis, Plaintiff, represented by Thomas James McKenna , Gainey McKenna & Egleston.

Vicky Jones, Plaintiff, represented by Thomas James McKenna , Gainey McKenna & Egleston.

Phyllis Peterson, Plaintiff, represented by Thomas James McKenna , Gainey McKenna & Egleston.

Jerry Rayborn, Plaintiff, represented by Thomas James McKenna , Gainey McKenna & Egleston.

Edward Vernoff, Plaintiff, represented by Thomas James McKenna , Gainey McKenna & Egleston.

Justin F. Lazard, Plaintiff, represented by Frank Rocco Schirripa , Hach Rose Schumacher Schirripa & Cheverie LLP, Jay Paul Saltzman , Schoengold & Sporn, P.C. & Michael A. Rose , Hach Rose Schumacher Schirripa & Cheverie LLP.

Sylvia Gregorcyzk, Plaintiff, represented by Donald R. Hall, Jr. , Kaplan Fox & Kilsheimer LLP, Frederic Scott Fox, Sr. , Kaplan Fox & Kilsheimer LLP, Jeffrey Philip Campisi , Kaplan Fox & Kilsheimer LLP, Pamela A. Mayer , Kaplan Fox & Kilsheimer LLP & Robert N. Kaplan , Kaplan Fox & Kilsheimer LLP.

Peter Brinckerhoff, Plaintiff, represented by Jeffrey H. Squire , Bragar Wexler Eagel & Squire, PC & Lawrence P. Eagel , Bragar, Eagel & Squire P.C..

Lidia Levy, Plaintiff, represented by Anne L. Box , Scott + Scott, LLP, David R. Scott , Scott & Scott, LLC, Deborah Clark-Weintraub , Scott+Scott LLP, Gregory M. Egleston , Gainey McKenna & Egleston, Joseph Peter Guglielmo , Scott + Scott, L.L.P. & Scott D. Egleston , Law Offices of Scott D. Egleston.

Garrett Garrison, Plaintiff, represented by Andrew R. Goldenberg , Stamell & Schafer LLP, Jared Bennett Stamell , Stamell & Schaffer, LLP & Richard J. Schager, Jr. , Stamell & Schager, L.L.P..

David Goldberg, Plaintiff, represented by Andrew R. Goldenberg , Stamell & Schafer LLP, Jared Bennett Stamell , Stamell & Schaffer, LLP & Richard J. Schager, Jr. , Stamell & Schager, L.L.P..

Kevin Hyms, Plaintiff, represented by Andrew R. Goldenberg , Stamell & Schafer LLP, Jared Bennett Stamell , Stamell & Schaffer, LLP & Richard J. Schager, Jr. , Stamell & Schager, L.L.P..

Richard P. Eannarino, Plaintiff, represented by Bryan Andrew Wood , Berman DeValerio, Glen DeValerio , Berman DeValerio & Patrick Thomas Egan , Berman DeValerio.

Peter Mamula, Plaintiff, represented by Darren J. Robbins , Robbins Geller Rudman & Dowd LLP & David Avi Rosenfeld , Robbins Geller Rudman & Dowd LLP.

Peter Mamula, Plaintiff, represented by David C. Walton, Robbins Geller Rudman & Dowd LLP, Mario Alba, Jr. , Robbins Geller Rudman & Dowd LLP & Samuel Howard Rudman , Robbins Geller Rudman & Dowd LLP.

Khodayar Amin, Plaintiff, represented by Brian James Robbins , Robbins Arroyo, LLP, Felipe J. Arroyo , Robbins Arroyo, LLP, Gregory E. Del Gaizo , Robbins Umeda, LLP, Shane Palmesano Sanders , Robbins Arroyo, LLP & Thomas G. Amon , Robbins Umeda, LLP.

Elliot Leitner, Plaintiff, represented by Elliot Leitner, Pro se.

Barbara Steinman, Plaintiff, represented by Andrew R. Goldenberg , Stamell & Schafer LLP.

Howard Savitt, Plaintiff, represented by Daniel H. Charest , Susman Godfrey LLP, Jason Mathew Leviton , Berman DeValerio, Jeffrey Craig Block , Block & Leviton LLP, Terrell Wallace Oxford , Susman Godfrey LLP & Warren T. Burns , Susman Godfrey LLP.

Chad Roderick, Plaintiff, represented by Bridget Veronica Hamill , Frank LLP, Gregory Bradley Linkh , Glancy Prongay & Murray LLP, Patrick W Powers , POWERS TAYLOR LLP & Willie Charles Briscoe , THE BRISCOE LAW FIRM, PLLC.

Eugene Stricker, Plaintiff, represented by James Vary Bashian , James V. Bashian, Law Offices.

Steve Sexton, Plaintiff, represented by Christopher S. Polaszek , Morgan & Morgan, P.A, Domenico George Minerva , Morgan & Morgan, P.C., Peter George Safirstein , Morgan & Morgan, P.C. & Troy Robin King , King & Nix, LLC.

Keith Wise, Plaintiff, represented by Christopher S. Polaszek , Morgan & Morgan, P.A, Domenico George Minerva , Morgan & Morgan, P.C., Peter George Safirstein , Morgan & Morgan, P.C. & Troy Robin King , King & Nix, LLC.

Jonathan R. Simon, Plaintiff, represented by Jonathan Robert Simon , Jonathan R. Simon d/b/a The Orlando Family Firm.

James Chang, Plaintiff, represented by Peter E. Borkon , Hagens Berman Sobol Shapiro LLP & Reed R. Kathrein , Hagens Berman Sobol Shapiro LLP.

Sameer Ansari, Plaintiff, represented by Peter E. Borkon , Hagens Berman Sobol Shapiro LLP & Reed R. Kathrein , Hagens Berman Sobol Shapiro LLP.

John Gregory, Plaintiff, represented by John GregoryM, Pro Se.

Darryl Lazar, Plaintiff, represented by Casey Edwards Sadler , Glancy Binkow & Goldberg LLP, Lionel Z. Glancy , Glancy & Binkow Goldberg LLP, Mark Robert Rosen , Barrack, Rodos & Bacine, Michael M. Goldberg , Glancy Binkow & Goldberg LLP, Robert Vincent Prongay , Glancy Binkow & Goldberg LLP, Samuel M. Ward , Barrack Rodos & Bacine & Stephen R. Basser , Barrack, Rodos & Bacine.

Michael Lieber, Plaintiff, represented by Andrew Joseph Sokolowski , Initiative Legal Group APC, Casey Edwards Sadler , Glancy Binkow & Goldberg LLP, Jordan L. Lurie , Initiative Legal Group APC, Lionel Z. Glancy , Glancy & Binkow Goldberg LLP, Mark Robert Rosen , Barrack, Rodos & Bacine, Michael M. Goldberg , Glancy Binkow & Goldberg LLP, Robert Vincent Prongay , Glancy Binkow & Goldberg LLP, Samuel M. Ward , Barrack Rodos & Bacine & Sue Jin Kim , Initiative Legal Group APC.

Thomas J. Ahrendtsen, Plaintiff, represented by Christopher Adam Seeger , Seeger Weiss LLP & Jonathan Shub , Kohn, Swift, & Graf, P.C..

Aaron M. Levine, and Plaintiff, represented by Christopher Adam Seeger , Seeger Weiss LLP & Jonathan Shub , Kohn, Swift, & Graf, P.C..

Karen Cuker, Plaintiff, represented by Casey Edwards Sadler , Glancy Binkow & Goldberg LLP, Lionel Z. Glancy , Glancy & Binkow Goldberg LLP, Mark Robert Rosen , Barrack, Rodos & Bacine, Michael M. Goldberg , Glancy Binkow & Goldberg LLP, Robert Vincent Prongay , Glancy Binkow & Goldberg LLP, Samuel M. Ward , Barrack Rodos & Bacine & Stephen R. Basser , Barrack, Rodos & Bacine.

Brian Gralnick, Plaintiff, represented by Casey Edwards Sadler , Glancy Binkow & Goldberg LLP, Lionel Z. Glancy , Glancy & Binkow Goldberg LLP, Mark Robert Rosen , Barrack, Rodos & Bacine, Michael M. Goldberg , Glancy Binkow & Goldberg LLP, Robert Vincent Prongay , Glancy Binkow & Goldberg LLP, Samuel M. Ward , Barrack Rodos & Bacine & Stephen R. Basser , Barrack, Rodos & Bacine.

Jennifer Stokes, Plaintiff, represented by Bradley Keith King , Ahdoot and Wolfson, P.C., Casey Edwards Sadler , Glancy Binkow & Goldberg LLP, Lionel Z. Glancy , Glancy & Binkow Goldberg LLP, Mark Robert Rosen , Barrack, Rodos & Bacine, Michael M. Goldberg , Glancy Binkow & Goldberg LLP, Robert Ahdoot , Ahdoot & Wolfson APC, Robert Vincent Prongay , Glancy Binkow & Goldberg LLP, Samuel M. Ward , Barrack Rodos & Bacine, Theodore Walter Maya , Ahdoot & Wolfson APC & Tina Wolfson , Ahdoot & Wolfson, P.C..

William Cole, Plaintiff, represented by Brian James Robbins , Robbins Arroyo, LLP, Felipe J. Arroyo , Robbins Arroyo, LLP & Shane Palmesano Sanders , Robbins Arroyo, LLP.

Vernon R. DeMois, Jr., Plaintiff, represented by Beth T. Seltzer , Barrack, Rodos & Bacine, Casey Edwards Sadler , Glancy Binkow & Goldberg LLP, Daniel E. Bacine , Barrack, Rodos & Bacine, Lionel Z. Glancy , Glancy & Binkow Goldberg LLP, Mark Robert Rosen , Barrack, Rodos & Bacine, Michael M. Goldberg , Glancy Binkow & Goldberg LLP, Robert Vincent Prongay , Glancy Binkow & Goldberg LLP, Samuel M. Ward , Barrack Rodos & Bacine & Stephen R. Basser , Barrack, Rodos & Bacine.

Hal Hubuschman, Plaintiff, represented by Brian James Robbins , Robbins Arroyo, LLP & Shane Palmesano Sanders , Robbins Arroyo, LLP.

Edward Shierry, Plaintiff, represented by Casey Edwards Sadler , Glancy Binkow & Goldberg LLP, David Elliot , Johnson & Weaver LLP, Frank J. Johnson, Jr. , Johnson & Weaver, LLP, Lionel Z. Glancy , Glancy & Binkow Goldberg LLP, Mark Robert Rosen , Barrack, Rodos & Bacine, Michael M. Goldberg , Glancy Binkow & Goldberg LLP, Robert Vincent Prongay , Glancy Binkow & Goldberg LLP & Samuel M. Ward , Barrack Rodos & Bacine.

Thomas E. Nelson, Plaintiff, represented by Jon Charles Furgison , Law Offices of Jon Furgison.

Rock Southward, Plaintiff, represented by Kwasi Abraham Asiedu , SCHWARTZ & ASIEDU.

Janis Fleming, Plaintiff, represented by George M Fleming , Fleming, Nolen & Jez, L.L.P..

Gaye Jones, Plaintiff, represented by Samuel Howard Rudman , Robbins Geller Rudman & Dowd LLP.

Holly McConnaughey, Plaintiff, represented by Samuel Howard Rudman , Robbins Geller Rudman & Dowd LLP.

Gaye Jones, Plaintiff, represented by Kevin H. Davenport , Prickett, Jones & Elliott, P.A., Michael Hanrahan , Prickett, Jones & Elliott & Paul A. Fioravanti, Jr. , Prickett, Jones & Elliott, P.C..

Holly McConnaughey, Plaintiff, represented by Kevin H. Davenport , Prickett, Jones & Elliott, P.A., Michael Hanrahan , Prickett, Jones & Elliott & Paul A. Fioravanti, Jr. , Prickett, Jones & Elliott, P.C..

Robert Lowinger, Plaintiff, represented by Jack Gerald Fruchter , Abraham Fruchter & Twersky LLP & Jeffrey Simon Abraham , Abraham Fruchter & Twersky LLP.

Mark Eshehata, Plaintiff, Pro Se.

William H. Anhood, Movant, represented by Jeremy Alan Lieberman , Pomerantz LLP & Joy A. Kruse , Lieff Cabraser Heimann & Bernstein, LLP.

Desmond Doris, Movant, represented by Frank Rocco Schirripa , Hach Rose Schumacher Schirripa & Cheverie LLP.

Eiffel Tower Ventures, LLC, Movant, represented by Danielle Suzanne Myers , Robbins Geller Rudman & Dowd LLP & Samuel Howard Rudman , Robbins Geller Rudman & Dowd LLP.

Employees Retirement System of the Government of the Virgin Islands, Movant, represented by Rebecca M Katz , Motley Rice LLC & William Stephen Norton , Motley Rice LLC.

Facebook Investor Group, Movant, represented by Azra Zahoor Mehdi , Milberg Weiss Bershad Hynes & Lerach LLP & Peter George Safirstein , Morgan & Morgan, P.C..

Donald Pompliano, Movant, represented by Frank Rocco Schirripa , Hach Rose Schumacher Schirripa & Cheverie LLP.

Eric Rand, Movant, represented by Frank Rocco Schirripa , Hach Rose Schumacher Schirripa & Cheverie LLP.

The GAF Unit Trust, Movant, represented by Danielle Suzanne Myers , Robbins Geller Rudman & Dowd LLP & Samuel Howard Rudman , Robbins Geller Rudman & Dowd LLP.

White Dune LLC, Movant, represented by Danielle Suzanne Myers , Robbins Geller Rudman & Dowd LLP & Samuel Howard Rudman , Robbins Geller Rudman & Dowd LLP.

Randford Williams, Movant, represented by Frank Rocco Schirripa , Hach Rose Schumacher Schirripa & Cheverie LLP.

A. Marcus Gerber, Movant, represented by Rosemary Farrales Luzon , Shepherd, Finkelman, Miller & Shah, LLP.

The Nasdaq Stock Market L.L.C., Defendant, represented by Darryl M. Bloodworth , Dean, Mead, Egerton, Bloodworth, Capouano & Bozarth, PA, Margaret Osborne Padilla , Ballard Spahr LLP, Paul Lantieri, III , Ballard Spahr LLP, Stephen J Kastenberg , Ballard Spahr LLP & William A. Slaughter , Ballard Spahr LLP.

Marc L. Andreessen, Defendant, represented by Andrew Brian Clubok , Kirkland & Ellis LLP, Brant Warren Bishop , Kirkland & Ellis LLP, Elizabeth L. Deeley , Kirkland & Ellis LLP & James Francis Basile , Kirkland & Ellis LLP.

Marc L. Andreessen, Defendant, represented by Lindsay Michelle Kwoka, Morris, Nichols, Arsht & Tunnell LLP, Michael Courtney Keats , Kirkland & Ellis LLP, Richard D. Bernstein , Willkie Farr & Gallagher LLP, Susan Elisabeth Engel , Kirkland & Ellis LLP, Susan W. Waesco , Morris, Nichols, Arsht & Tunnell LLP, Tariq Mundiya , Willkie Farr & Gallagher LLP, Todd G. Cosenza , Willkie Farr & Gallagher LLP & William M. Lafferty , Morris, Nichols, Arsht & Tunnell.

Barclays Capital Inc., Defendant, represented by Andrew Brian Clubok , Kirkland & Ellis LLP, Andrew Ditchfield , Davis Polk & Wardwell L.L.P., Brant Warren Bishop , Kirkland & Ellis LLP, Charles S. Duggan , Davis Polk & Wardwell L.L.P., James P. Rouhandeh , Davis Polk & Wardwell L.L.P., Neal Alan Potischman , Davis Polk & Wardwell LLP & Richard D. Bernstein , Willkie Farr & Gallagher LLP.

Erskine B. Bowles, Defendant, represented by Andrew Brian Clubok , Kirkland & Ellis LLP, Brant Warren Bishop , Kirkland & Ellis LLP, Elizabeth L. Deeley , Kirkland & Ellis LLP & James Francis Basile , Kirkland & Ellis LLP.

Erskine B. Bowles, Defendant, represented by Lindsay Michelle Kwoka, Morris, Nichols, Arsht & Tunnell LLP, Michael Courtney Keats , Kirkland & Ellis LLP, Richard D. Bernstein , Willkie Farr & Gallagher LLP, Susan Elisabeth Engel , Kirkland & Ellis LLP, Susan W. Waesco , Morris, Nichols, Arsht & Tunnell LLP, Tariq Mundiya , Willkie Farr & Gallagher LLP, Todd G. Cosenza , Willkie Farr & Gallagher LLP & William M. Lafferty , Morris, Nichols, Arsht & Tunnell.

James W. Breyer, Defendant, represented by Andrew Brian Clubok , Kirkland & Ellis LLP, Brant Warren Bishop , Kirkland & Ellis LLP, Elizabeth L. Deeley , Kirkland & Ellis LLP & James Francis Basile , Kirkland & Ellis LLP.

James W. Breyer, Defendant, represented by Lindsay Michelle Kwoka, Morris, Nichols, Arsht & Tunnell LLP, Michael Courtney Keats , Kirkland & Ellis LLP, Richard D. Bernstein , Willkie Farr & Gallagher LLP, Susan Elisabeth Engel , Kirkland & Ellis LLP, Susan W. Waesco , Morris, Nichols, Arsht & Tunnell LLP, Tariq Mundiya , Willkie Farr & Gallagher LLP, Todd G. Cosenza , Willkie Farr & Gallagher LLP & William M. Lafferty , Morris, Nichols, Arsht & Tunnell.

David A. Ebersman, Defendant, represented by Andrew Brian Clubok , Kirkland & Ellis LLP, Brant Warren Bishop , Kirkland & Ellis LLP, Elizabeth L. Deeley , Kirkland & Ellis LLP & James Francis Basile , Kirkland & Ellis LLP.

David A. Ebersman, Defendant, represented by Lindsay Michelle Kwoka, Morris, Nichols, Arsht & Tunnell LLP, Michael Courtney Keats , Kirkland & Ellis LLP, Richard D. Bernstein , Willkie Farr & Gallagher LLP, Susan Elisabeth Engel , Kirkland & Ellis LLP, Susan W. Waesco , Morris, Nichols, Arsht & Tunnell LLP, Tariq Mundiya , Willkie Farr & Gallagher LLP, Todd G. Cosenza , Willkie Farr & Gallagher LLP & William M. Lafferty , Morris, Nichols, Arsht & Tunnell.

Facebook, Inc., Defendant, represented by Andrew Brian Clubok , Kirkland & Ellis LLP, Brant Warren Bishop , Kirkland & Ellis LLP, Christopher William Keegan , Kirkland & Ellis LLP, Elizabeth L. Deeley , Kirkland & Ellis LLP & James Francis Basile , Kirkland & Ellis LLP.

Facebook, Inc., Defendant, represented by Lindsay Michelle Kwoka, Morris, Nichols, Arsht & Tunnell LLP, Michael Courtney Keats , Kirkland & Ellis LLP, Richard D. Bernstein , Willkie Farr & Gallagher LLP, Susan Elisabeth Engel , Kirkland & Ellis LLP, Susan W. Waesco , Morris, Nichols, Arsht & Tunnell LLP, Tariq Mundiya , Willkie Farr & Gallagher LLP, Todd G. Cosenza , Willkie Farr & Gallagher LLP & William M. Lafferty , Morris, Nichols, Arsht & Tunnell.

Goldman, Sachs & Co., Defendant, represented by Andre G. Bouchard , Bouchard, Margules & Friedlander, P.A., Andrew Brian Clubok , Kirkland & Ellis LLP, Andrew Ditchfield , Davis Polk & Wardwell L.L.P., Brant Warren Bishop , Kirkland & Ellis LLP, Charles S. Duggan , Davis Polk & Wardwell L.L.P., James P. Rouhandeh , Davis Polk & Wardwell L.L.P., Neal Alan Potischman , Davis Polk & Wardwell LLP, Richard D. Bernstein , Willkie Farr & Gallagher LLP & Samantha Harper Knox , Davis Polk & Wardwell LLP.

Donald E. Graham, Defendant, represented by Andrew Brian Clubok , Kirkland & Ellis LLP, Brant Warren Bishop , Kirkland & Ellis LLP, Elizabeth L. Deeley , Kirkland & Ellis LLP & James Francis Basile , Kirkland & Ellis LLP.

Donald E. Graham, Defendant, represented by Lindsay Michelle Kwoka, Morris, Nichols, Arsht & Tunnell LLP, Michael Courtney Keats , Kirkland & Ellis LLP, Richard D. Bernstein , Willkie Farr & Gallagher LLP, Susan Elisabeth Engel , Kirkland & Ellis LLP, Susan W. Waesco , Morris, Nichols, Arsht & Tunnell LLP, Tariq Mundiya , Willkie Farr & Gallagher LLP, Todd G. Cosenza , Willkie Farr & Gallagher LLP & William M. Lafferty , Morris, Nichols, Arsht & Tunnell.

Reed Hastings, Defendant, represented by Andrew Brian Clubok , Kirkland & Ellis LLP, Brant Warren Bishop , Kirkland & Ellis LLP, Elizabeth L. Deeley , Kirkland & Ellis LLP & James Francis Basile , Kirkland & Ellis LLP.

Reed Hastings, Defendant, represented by Lindsay Michelle Kwoka, Morris, Nichols, Arsht & Tunnell LLP, Michael Courtney Keats , Kirkland & Ellis LLP, Richard D. Bernstein , Willkie Farr & Gallagher LLP, Susan Elisabeth Engel , Kirkland & Ellis LLP, Susan W. Waesco , Morris, Nichols, Arsht & Tunnell LLP, Tariq Mundiya , Willkie Farr & Gallagher LLP, Todd G. Cosenza , Willkie Farr & Gallagher LLP & William M. Lafferty , Morris, Nichols, Arsht & Tunnell.

J.P. Morgan Securiries LLC., Defendant, represented by Andre G. Bouchard , Bouchard, Margules & Friedlander, P.A., Andrew Brian Clubok , Kirkland & Ellis LLP, Andrew Ditchfield , Davis Polk & Wardwell L.L.P., Brant Warren Bishop , Kirkland & Ellis LLP, Charles S. Duggan , Davis Polk & Wardwell L.L.P., James P. Rouhandeh , Davis Polk & Wardwell L.L.P., Neal Alan Potischman , Davis Polk & Wardwell LLP, Richard D. Bernstein , Willkie Farr & Gallagher LLP & Samantha Harper Knox , Davis Polk & Wardwell LLP.

Merrill Lynch Pierce Fenner & Smith Incorporated, Defendant, represented by Andrew Brian Clubok , Kirkland & Ellis LLP, Andrew Ditchfield , Davis Polk & Wardwell L.L.P., Brant Warren Bishop , Kirkland & Ellis LLP, Charles S. Duggan , Davis Polk & Wardwell L.L.P., James P. Rouhandeh , Davis Polk & Wardwell L.L.P. & Neal Alan Potischman , Davis Polk & Wardwell LLP.

Morgan Stanley & Co, Inc., Defendant, represented by Andrew Brian Clubok , Kirkland & Ellis LLP, Andrew Ditchfield , Davis Polk & Wardwell L.L.P., Charles S. Duggan , Davis Polk & Wardwell L.L.P. & James P. Rouhandeh , Davis Polk & Wardwell L.L.P..

David M. Spillane, Defendant, represented by Andrew Brian Clubok , Kirkland & Ellis LLP, Brant Warren Bishop , Kirkland & Ellis LLP, Elizabeth L. Deeley , Kirkland & Ellis LLP, James Francis Basile , Kirkland & Ellis LLP, Michael Courtney Keats , Kirkland & Ellis LLP, Richard D. Bernstein , Willkie Farr & Gallagher LLP, Susan Elisabeth Engel , Kirkland & Ellis LLP, Tariq Mundiya , Willkie Farr & Gallagher LLP & Todd G. Cosenza , Willkie Farr & Gallagher LLP.

Peter A. Thiel, Defendant, represented by Andrew Brian Clubok , Kirkland & Ellis LLP, Brant Warren Bishop , Kirkland & Ellis LLP, Elizabeth L. Deeley , Kirkland & Ellis LLP & James Francis Basile , Kirkland & Ellis LLP.

Peter A. Thiel, Defendant, represented by Lindsay Michelle Kwoka, Morris, Nichols, Arsht & Tunnell LLP, Michael Courtney Keats , Kirkland & Ellis LLP, Richard D. Bernstein , Willkie Farr & Gallagher LLP, Susan Elisabeth Engel , Kirkland & Ellis LLP, Susan W. Waesco , Morris, Nichols, Arsht & Tunnell LLP, Tariq Mundiya , Willkie Farr & Gallagher LLP, Todd G. Cosenza , Willkie Farr & Gallagher LLP & William M. Lafferty , Morris, Nichols, Arsht & Tunnell.

Mark Zuckerberg, Defendant, represented by Andrew Brian Clubok , Kirkland & Ellis LLP, Brant Warren Bishop , Kirkland & Ellis LLP, Elizabeth L. Deeley , Kirkland & Ellis LLP & James Francis Basile , Kirkland & Ellis LLP.

Mark Zuckerberg, Defendant, represented by Lindsay Michelle Kwoka, Morris, Nichols, Arsht & Tunnell LLP, Michael Courtney Keats , Kirkland & Ellis LLP, Richard D. Bernstein , Willkie Farr & Gallagher LLP, Susan Elisabeth Engel , Kirkland & Ellis LLP, Susan W. Waesco , Morris, Nichols, Arsht & Tunnell LLP, Tariq Mundiya , Willkie Farr & Gallagher LLP, Todd G. Cosenza , Willkie Farr & Gallagher LLP & William M. Lafferty , Morris, Nichols, Arsht & Tunnell.

Allen & Company LLC, Defendant, represented by Andrew Brian Clubok , Kirkland & Ellis LLP, Andrew Ditchfield , Davis Polk & Wardwell L.L.P., Charles S. Duggan , Davis Polk & Wardwell L.L.P., James P. Rouhandeh , Davis Polk & Wardwell L.L.P., Neal Alan Potischman , Davis Polk & Wardwell LLP & Richard D. Bernstein , Willkie Farr & Gallagher LLP.

BMO Capital Markets Corp., Defendant, represented by Andrew Brian Clubok , Kirkland & Ellis LLP, Andrew Ditchfield , Davis Polk & Wardwell L.L.P., Charles S. Duggan , Davis Polk & Wardwell L.L.P., James P. Rouhandeh , Davis Polk & Wardwell L.L.P., Neal Alan Potischman , Davis Polk & Wardwell LLP & Richard D. Bernstein , Willkie Farr & Gallagher LLP.

Blaylock Robert Van LLC, Defendant, represented by Andrew Brian Clubok , Kirkland & Ellis LLP, Andrew Ditchfield , Davis Polk & Wardwell L.L.P., Charles S. Duggan , Davis Polk & Wardwell L.L.P., James P. Rouhandeh , Davis Polk & Wardwell L.L.P., Neal Alan Potischman , Davis Polk & Wardwell LLP & Richard D. Bernstein , Willkie Farr & Gallagher LLP.

C.L. King & Associates, Inc., Defendant, represented by Andrew Brian Clubok , Kirkland & Ellis LLP, Andrew Ditchfield , Davis Polk & Wardwell L.L.P., Charles S. Duggan , Davis Polk & Wardwell L.L.P., James P. Rouhandeh , Davis Polk & Wardwell L.L.P., Neal Alan Potischman , Davis Polk & Wardwell LLP & Richard D. Bernstein , Willkie Farr & Gallagher LLP.

Cabrera Capital Markets, LLC, Defendant, represented by Andrew Brian Clubok , Kirkland & Ellis LLP, Andrew Ditchfield , Davis Polk & Wardwell L.L.P., Charles S. Duggan , Davis Polk & Wardwell L.L.P., James P. Rouhandeh , Davis Polk & Wardwell L.L.P., Neal Alan Potischman , Davis Polk & Wardwell LLP & Richard D. Bernstein , Willkie Farr & Gallagher LLP.

Castleoak Securities, L.P., Defendant, represented by Andrew Brian Clubok , Kirkland & Ellis LLP, Andrew Ditchfield , Davis Polk & Wardwell L.L.P., Charles S. Duggan , Davis Polk & Wardwell L.L.P., James P. Rouhandeh , Davis Polk & Wardwell L.L.P., Neal Alan Potischman , Davis Polk & Wardwell LLP & Richard D. Bernstein , Willkie Farr & Gallagher LLP.

CitiGroup Global Market, Inc., Defendant, represented by Andrew Brian Clubok , Kirkland & Ellis LLP & James P. Rouhandeh , Davis Polk & Wardwell.

Cowen and Company, LLC, Defendant, represented by Andrew Brian Clubok , Kirkland & Ellis LLP, Andrew Ditchfield , Davis Polk & Wardwell L.L.P., Charles S. Duggan , Davis Polk & Wardwell L.L.P., James P. Rouhandeh , Davis Polk & Wardwell L.L.P., Neal Alan Potischman , Davis Polk & Wardwell LLP & Richard D. Bernstein , Willkie Farr & Gallagher LLP.

Credit Suisse Securites (USA) LLC, Defendant, represented by Andrew Brian Clubok , Kirkland & Ellis LLP, Andrew Ditchfield , Davis Polk & Wardwell L.L.P., Charles S. Duggan , Davis Polk & Wardwell L.L.P., James P. Rouhandeh , Davis Polk & Wardwell L.L.P., Neal Alan Potischman , Davis Polk & Wardwell LLP & Richard D. Bernstein , Willkie Farr & Gallagher LLP.

Deutsche Bank Securites, Inc., Defendant, represented by Andrew Brian Clubok , Kirkland & Ellis LLP, Andrew Ditchfield , Davis Polk & Wardwell L.L.P., Charles S. Duggan , Davis Polk & Wardwell L.L.P., James P. Rouhandeh , Davis Polk & Wardwell L.L.P., Neal Alan Potischman , Davis Polk & Wardwell LLP & Richard D. Bernstein , Willkie Farr & Gallagher LLP.

E* Trade Securities LLC, Defendant, represented by Andrew Brian Clubok , Kirkland & Ellis LLP, Andrew Ditchfield , Davis Polk & Wardwell L.L.P., Charles S. Duggan , Davis Polk & Wardwell L.L.P., James P. Rouhandeh , Davis Polk & Wardwell L.L.P., Neal Alan Potischman , Davis Polk & Wardwell LLP & Richard D. Bernstein , Willkie Farr & Gallagher LLP.

ITAU BBA USA Securities, Inc., Defendant, represented by Andrew Brian Clubok , Kirkland & Ellis LLP, Andrew Ditchfield , Davis Polk & Wardwell L.L.P., Charles S. Duggan , Davis Polk & Wardwell L.L.P., James P. Rouhandeh , Davis Polk & Wardwell L.L.P., Neal Alan Potischman , Davis Polk & Wardwell LLP & Richard D. Bernstein , Willkie Farr & Gallagher LLP.

Lazard Capital Markets LLC, Defendant, represented by Andrew Brian Clubok , Kirkland & Ellis LLP, Andrew Ditchfield , Davis Polk & Wardwell L.L.P., Charles S. Duggan , Davis Polk & Wardwell L.L.P., James P. Rouhandeh , Davis Polk & Wardwell L.L.P., Neal Alan Potischman , Davis Polk & Wardwell LLP & Richard D. Bernstein , Willkie Farr & Gallagher LLP.

Lebenthal & Co., LLC, Defendant, represented by Andrew Brian Clubok , Kirkland & Ellis LLP, Andrew Ditchfield , Davis Polk & Wardwell L.L.P., Charles S. Duggan , Davis Polk & Wardwell L.L.P., James P. Rouhandeh , Davis Polk & Wardwell L.L.P., Neal Alan Potischman , Davis Polk & Wardwell LLP & Richard D. Bernstein , Willkie Farr & Gallagher LLP.

Loop Capital Markets LLC, Defendant, represented by Andrew Brian Clubok , Kirkland & Ellis LLP, Andrew Ditchfield , Davis Polk & Wardwell L.L.P., Charles S. Duggan , Davis Polk & Wardwell L.L.P., James P. Rouhandeh , Davis Polk & Wardwell L.L.P., Neal Alan Potischman , Davis Polk & Wardwell LLP & Richard D. Bernstein , Willkie Farr & Gallagher LLP.

M.R. Beal & Company, Defendant, represented by Andrew Brian Clubok , Kirkland & Ellis LLP, Andrew Ditchfield , Davis Polk & Wardwell L.L.P., Charles S. Duggan , Davis Polk & Wardwell L.L.P., James P. Rouhandeh , Davis Polk & Wardwell L.L.P., Neal Alan Potischman , Davis Polk & Wardwell LLP & Richard D. Bernstein , Willkie Farr & Gallagher LLP.

Macquarie Capital (USA) Inc., Defendant, represented by Andrew Brian Clubok , Kirkland & Ellis LLP, Andrew Ditchfield , Davis Polk & Wardwell L.L.P., Charles S. Duggan , Davis Polk & Wardwell L.L.P., James P. Rouhandeh , Davis Polk & Wardwell L.L.P., Neal Alan Potischman , Davis Polk & Wardwell LLP & Richard D. Bernstein , Willkie Farr & Gallagher LLP.

Morgan Stanley & Co. LLC, Defendant, represented by Andre G. Bouchard , Bouchard, Margules & Friedlander, P.A., Andrew Brian Clubok , Kirkland & Ellis LLP, Andrew Ditchfield , Davis Polk & Wardwell L.L.P., Brant Warren Bishop , Kirkland & Ellis LLP, Charles S. Duggan , Davis Polk & Wardwell L.L.P., James P. Rouhandeh , Davis Polk & Wardwell L.L.P., Neal Alan Potischman , Davis Polk & Wardwell LLP, Richard D. Bernstein , Willkie Farr & Gallagher LLP, Samantha Harper Knox , Davis Polk & Wardwell LLP & Timothy P. Burke , Bigham Englar Jones & Houston.

Muriel Siebert & Co., Inc., Defendant, represented by Andrew Brian Clubok , Kirkland & Ellis LLP, Andrew Ditchfield , Davis Polk & Wardwell L.L.P., Charles S. Duggan , Davis Polk & Wardwell L.L.P., James P. Rouhandeh , Davis Polk & Wardwell L.L.P., Neal Alan Potischman , Davis Polk & Wardwell LLP & Richard D. Bernstein , Willkie Farr & Gallagher LLP.

Oppenheimer & CO. Inc., Defendant, represented by Andrew Brian Clubok , Kirkland & Ellis LLP, Andrew Ditchfield , Davis Polk & Wardwell L.L.P., Charles S. Duggan , Davis Polk & Wardwell L.L.P., James P. Rouhandeh , Davis Polk & Wardwell L.L.P., Neal Alan Potischman , Davis Polk & Wardwell LLP & Richard D. Bernstein , Willkie Farr & Gallagher LLP.

Pacific Crest Securities LLC, Defendant, represented by Andrew Brian Clubok , Kirkland & Ellis LLP, Andrew Ditchfield , Davis Polk & Wardwell L.L.P., Charles S. Duggan , Davis Polk & Wardwell L.L.P., James P. Rouhandeh , Davis Polk & Wardwell L.L.P., Neal Alan Potischman , Davis Polk & Wardwell LLP & Richard D. Bernstein , Willkie Farr & Gallagher LLP.

Piper Jaffray & Co., Defendant, represented by Andrew Brian Clubok , Kirkland & Ellis LLP, Andrew Ditchfield , Davis Polk & Wardwell L.L.P., Charles S. Duggan , Davis Polk & Wardwell L.L.P., James P. Rouhandeh , Davis Polk & Wardwell L.L.P., Neal Alan Potischman , Davis Polk & Wardwell LLP & Richard D. Bernstein , Willkie Farr & Gallagher LLP.

RBC Capital Markets LLC, Defendant, represented by Andrew Brian Clubok , Kirkland & Ellis LLP, Andrew Ditchfield , Davis Polk & Wardwell LLP, Charles S. Duggan , Davis Polk & Wardwell L.L.P., James P. Rouhandeh , Davis Polk & Wardwell L.L.P., Neal Alan Potischman , Davis Polk & Wardwell LLP & Richard D. Bernstein , Willkie Farr & Gallagher LLP.

Raymond James & Associates, Inc., Defendant, represented by Andrew Brian Clubok , Kirkland & Ellis LLP, Andrew Ditchfield , Davis Polk & Wardwell L.L.P., Charles S. Duggan , Davis Polk & Wardwell L.L.P., James P. Rouhandeh , Davis Polk & Wardwell L.L.P., Neal Alan Potischman , Davis Polk & Wardwell LLP & Richard D. Bernstein , Willkie Farr & Gallagher LLP.

Samuel A. Ramirez & Company, Inc., Defendant, represented by Andrew Brian Clubok , Kirkland & Ellis LLP, Andrew Ditchfield , Davis Polk & Wardwell L.L.P., Charles S. Duggan , Davis Polk & Wardwell L.L.P., James P. Rouhandeh , Davis Polk & Wardwell L.L.P., Neal Alan Potischman , Davis Polk & Wardwell LLP & Richard D. Bernstein , Willkie Farr & Gallagher LLP.

Sheryl K. Sandberg, Defendant, represented by Andrew Brian Clubok , Kirkland & Ellis LLP & Brant Warren Bishop , Kirkland & Ellis LLP.

Sheryl K. Sandberg, Defendant, represented by Lindsay Michelle Kwoka, Morris, Nichols, Arsht & Tunnell LLP, Michael Courtney Keats , Kirkland & Ellis LLP, Susan Elisabeth Engel , Kirkland & Ellis LLP, Susan W. Waesco , Morris, Nichols, Arsht & Tunnell LLP, Tariq Mundiya , Willkie Farr & Gallagher LLP, Todd G. Cosenza , Willkie Farr & Gallagher LLP & William M. Lafferty , Morris, Nichols, Arsht & Tunnell.

Stifel, Nicolaus & Company, Inc., Defendant, represented by Andrew Brian Clubok , Kirkland & Ellis LLP, Andrew Ditchfield , Davis Polk & Wardwell L.L.P., Charles S. Duggan , Davis Polk & Wardwell L.L.P., James P. Rouhandeh , Davis Polk & Wardwell L.L.P., Neal Alan Potischman , Davis Polk & Wardwell LLP & Richard D. Bernstein , Willkie Farr & Gallagher LLP.

The Williams Capital Group, L.P., Defendant, represented by Andrew Brian Clubok , Kirkland & Ellis LLP, Andrew Ditchfield , Davis Polk & Wardwell L.L.P., Charles S. Duggan , Davis Polk & Wardwell L.L.P., James P. Rouhandeh , Davis Polk & Wardwell L.L.P., Neal Alan Potischman , Davis Polk & Wardwell LLP & Richard D. Bernstein , Willkie Farr & Gallagher LLP.

Wells Fargo Securities, LLC, Defendant, represented by Andrew Brian Clubok , Kirkland & Ellis LLP, Andrew Ditchfield , Davis Polk & Wardwell L.L.P., Charles S. Duggan , Davis Polk & Wardwell L.L.P., James P. Rouhandeh , Davis Polk & Wardwell L.L.P., Neal Alan Potischman , Davis Polk & Wardwell LLP & Richard D. Bernstein , Willkie Farr & Gallagher LLP.

William Blair & Company L.L.C., Defendant, represented by Andrew Brian Clubok , Kirkland & Ellis LLP, Andrew Ditchfield , Davis Polk & Wardwell L.L.P., Charles S. Duggan , Davis Polk & Wardwell L.L.P., James P. Rouhandeh , Davis Polk & Wardwell L.L.P., Neal Alan Potischman , Davis Polk & Wardwell LLP & Richard D. Bernstein , Willkie Farr & Gallagher LLP.

Goldman Sachs & CO., Defendant, represented by Andrew Brian Clubok , Kirkland & Ellis LLP & James P. Rouhandeh , Davis Polk & Wardwell L.L.P..

Nasdaqomx Group, Inc., Defendant, represented by Margaret Osborne Padilla , Ballard Spahr LLP, Paul Lantieri, III , Ballard Spahr LLP, Stephen J Kastenberg , Ballard Spahr LLP & William A. Slaughter , Ballard Spahr LLP.

Lawrence Corneck, Defendant, represented by Andrew Brian Clubok , Kirkland & Ellis LLP, Joel C. Feffer , Harwood Feffer LLP & Samuel Kenneth Rosen , Harwood Feffer LLP.

Jill D. Simon, Defendant, represented by Andrew Brian Clubok , Kirkland & Ellis LLP & Jonathan Robert Simon , Jonathan R. Simon d/b/a The Orlando Family Firm.

Citigroup Global Markets Inc., Defendant, represented by Andrew Brian Clubok , Kirkland & Ellis LLP, Andrew Ditchfield , Davis Polk & Wardwell L.L.P., Charles S. Duggan , Davis Polk & Wardwell L.L.P., James P. Rouhandeh , Davis Polk & Wardwell L.L.P., Neal Alan Potischman , Davis Polk & Wardwell LLP & Richard D. Bernstein , Willkie Farr & Gallagher LLP.

Merrill Lynch, Defendant, represented by Andrew Brian Clubok , Kirkland & Ellis LLP, Andrew Ditchfield , Davis Polk & Wardwell L.L.P., Andrew Ditchfield , Davis Polk & Wardwell L.L.P., Charles S. Duggan , Davis Polk & Wardwell L.L.P., Neal Alan Potischman , Davis Polk & Wardwell LLP, Richard D. Bernstein , Willkie Farr & Gallagher LLP & Samantha Harper Knox , Davis Polk & Wardwell LLP.

Pierce Fenner & Smith Incorporated, Defendant, represented by Andrew Brian Clubok , Kirkland & Ellis LLP, Andrew Ditchfield , Davis Polk & Wardwell L.L.P., Charles S. Duggan , Davis Polk & Wardwell L.L.P., James P. Rouhandeh , Davis Polk & Wardwell L.L.P. & Richard D. Bernstein , Willkie Farr & Gallagher LLP.

Allen & Facebook (sic) LLC, Defendant, represented by Andrew Brian Clubok , Kirkland & Ellis LLP & Richard D. Bernstein , Willkie Farr & Gallagher LLP.

William Blair & Facebook (sic) LLC, Defendant, represented by Andrew Brian Clubok , Kirkland & Ellis LLP & Richard D. Bernstein , Willkie Farr & Gallagher LLP.

M.R. Beal & Facebook (sic), Defendant, represented by Andrew Brian Clubok , Kirkland & Ellis LLP & Richard D. Bernstein , Willkie Farr & Gallagher LLP.

Cowen and Facebook (sic) LLC, Defendant, represented by Andrew Brian Clubok , Kirkland & Ellis LLP & Richard D. Bernstein , Willkie Farr & Gallagher LLP.

Stifel Nicholas & Facebook (sic) Incorporated, Defendant, represented by Andrew Brian Clubok , Kirkland & Ellis LLP & Richard D. Bernstein , Willkie Farr & Gallagher LLP.

Samuel A. Ramirez & Facebook (sic) Inc, Defendant, represented by Andrew Brian Clubok , Kirkland & Ellis LLP, Andrew Ditchfield , Davis Polk & Wardwell L.L.P., Charles S. Duggan , Davis Polk & Wardwell L.L.P., James P. Rouhandeh , Davis Polk & Wardwell L.L.P., Neal Alan Potischman , Davis Polk & Wardwell LLP & Richard D. Bernstein , Willkie Farr & Gallagher LLP.

Kevin Hicks, Defendant, represented by Andrew Brian Clubok , Kirkland & Ellis LLP, Kuscha Hatami Fard , Raj Abhyanker P.C. & Raj Vasant Abhyanker , Raj Abhyanker, PC.

Linh Luu, Defendant, represented by Andrew Brian Clubok , Kirkland & Ellis LLP, Kuscha Hatami Fard , Raj Abhyanker P.C. & Raj Vasant Abhyanker , Raj Abhyanker, PC.

Harvey Lapin, Defendant, represented by Andrew Brian Clubok , Kirkland & Ellis LLP, Casey Edwards Sadler , Glancy Binkow & Goldberg LLP, Lionel Z. Glancy , Glancy & Binkow Goldberg LLP, Mark Robert Rosen , Barrack, Rodos & Bacine, Michael M. Goldberg , Glancy Binkow & Goldberg LLP, Robert Vincent Prongay , Glancy Binkow & Goldberg LLP & Samuel M. Ward , Barrack Rodos & Bacine.

King & Associates, Inc., Defendant, represented by Andrew Brian Clubok , Kirkland & Ellis LLP & Richard D. Bernstein , Willkie Farr & Gallagher LLP.

David E. (sic) Ebersman, Defendant, represented by Andrew Brian Clubok , Kirkland & Ellis LLP, Brant Warren Bishop , Kirkland & Ellis LLP, Elizabeth L. Deeley , Kirkland & Ellis LLP, James Francis Basile , Kirkland & Ellis LLP, Richard D. Bernstein , Willkie Farr & Gallagher LLP & Susan Elisabeth Engel , Kirkland & Ellis LLP.

Nick E. Tran, Defendant, represented by Andrew Brian Clubok , Kirkland & Ellis LLP.

Nasdaq Stock Market, Inc., Defendant, represented by Constantinos G. Panagopoulos , Ballard Spahr LLP, Richard E Griffin , Jackson Walker LLP & Stephen J Kastenberg , Ballard Spahr LLP.

Uma M. Swaminathan, Defendant, represented by Andrew Brian Clubok , Kirkland & Ellis LLP.

Cipora Herman, Defendant, represented by Andrew Brian Clubok , Kirkland & Ellis LLP.

Cipora Herman, Defendant, represented by Lindsay Michelle Kwoka, Morris, Nichols, Arsht & Tunnell LLP, Susan W. Waesco , Morris, Nichols, Arsht & Tunnell LLP & William M. Lafferty , Morris, Nichols, Arsht & Tunnell.

J.P. Morgan Securities LLC, Defendant, represented by James P. Rouhandeh , Davis Polk & Wardwell L.L.P. & Andrew Brian Clubok , Kirkland & Ellis LLP.

Donald E. Graham, Intervenor Plaintiff, represented by Andrew Brian Clubok , Kirkland & Ellis LLP.

David M. Spillane, Intervenor Plaintiff, represented by Andrew Brian Clubok , Kirkland & Ellis LLP.

Facebook, Inc., Intervenor Plaintiff, represented by Andrew Brian Clubok , Kirkland & Ellis LLP.

Peter A. Thiel, Intervenor Plaintiff, represented by Andrew Brian Clubok , Kirkland & Ellis LLP.

Erskine B. Bowles, Intervenor Plaintiff, represented by Andrew Brian Clubok , Kirkland & Ellis LLP.

David Ebersman, Intervenor Plaintiff, represented by Andrew Brian Clubok , Kirkland & Ellis LLP.

Mark Zuckerberg, Intervenor Plaintiff, represented by Andrew Brian Clubok , Kirkland & Ellis LLP.

Reed Hastings, Intervenor Plaintiff, represented by Andrew Brian Clubok , Kirkland & Ellis LLP.

Marc L. Andreessen, Intervenor Plaintiff, represented by Andrew Brian Clubok , Kirkland & Ellis LLP.

Sheryl K. Sandberg, Intervenor Plaintiff, represented by Andrew Brian Clubok , Kirkland & Ellis LLP.

James W. Breyer, Intervenor Plaintiff, represented by Andrew Brian Clubok , Kirkland & Ellis LLP.


OPINION

Court-appointed Lead Plaintiffs North Carolina Department of State Treasurer on behalf of the North Carolina Retirement Systems ("North Carolina DST"), Arkansas Teacher Retirement Systems ("Arkansas Teacher"), Fresno County Employees' Retirement Association ("Fresno"), Individual Named Plaintiffs...

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