CIUFFITELLI v. DELOITTE & TOUCHE LLP

Case No. 3:16-cv-00580-AC.

LAWRENCE P. CIUFFITELLI, for himself and as Trustee of CIUFFITELLI REVOCABLE TRUST, et al., Plaintiffs, v. DELOITTE & TOUCHE LLP; EISNERAMPER LLP; SIDLEY AUSTIN LLP; TONKON TORP LLP; TD AMERITRADE, INC.; INTEGRITY BANK & TRUST; and DUFF& PHELPS, LLC, Defendants.

United States District Court, D. Oregon, Portland Division.

July 15, 2019.

Editors Note
Applicable Law: 28 U.S.C. § 1332
Cause: 28 U.S.C. § 1332 - Diversity: Securities Fraud
Nature of Suit: 370 Other Fraud
Source: PACER


Attorney(s) appearing for the Case

Lawrence P. Ciuffitelli, for himself and as Trustee of Cuiffitelli Revocable Trust, Plaintiff, represented by Catherine Y.N. Gannon , Hagens Berman Sobol Shapiro LLP, pro hac vice, Dawn Cornelius , Hagens Berman Sobol Shapiro LLP, pro hac vice, Jeniphr A.E. Breckenridge , Hagens Berman Sobol Shapiro LLP, pro hac vice, Karl Phillips Barth , Hagens Berman Sobol Shapiro, LLP, pro hac vice, Keith A. Ketterling , Stoll Stoll Berne Lotking & Shlachter, Nadia H. Dahab , Stoll Stoll Berne Lokting & Shlachter P.C., Steve W. Berman , Hagens Berman Sobol Sharpio LLP, pro hac vice, Jennifer S. Wagner , Stoll Stoll Berne Lokting & Shlachter, Lydia Anderson-Dana , Stoll Stoll Berne Lokting & Shlachter P.C., Robert S. Banks, Jr. , Banks Law Office, PC & Timothy S. DeJong , Stoll Stoll Berne Lokting & Shlachter, PC.

Greg Julien, Angela Julien, James MacDonald, as Co-Trustees of the MacDonald Family Trust, Susan MacDonald, as Co-Trustees of the MacDonald Family Trust, R.F. MacDonald Co., Andrew Nowak, for himself and as Trustee of the Andrew Nowak Revocable Living Trust U/A 2/20/2002, William Ramstein, individually and on behalf of all others similarly situated, Greg Warrick, for himself, as Co-Trustees of the Warrick Family Trust & Susan Warrick, as Co-Trustees of the Warrick Family Trust, Plaintiffs, represented by Catherine Y.N. Gannon , Hagens Berman Sobol Shapiro LLP, pro hac vice, Dawn Cornelius , Hagens Berman Sobol Shapiro LLP, pro hac vice, Karl Phillips Barth , Hagens Berman Sobol Shapiro, LLP, pro hac vice, Keith A. Ketterling , Stoll Stoll Berne Lotking & Shlachter, Nadia H. Dahab , Stoll Stoll Berne Lokting & Shlachter P.C., Steve W. Berman , Hagens Berman Sobol Sharpio LLP, pro hac vice, Jennifer S. Wagner , Stoll Stoll Berne Lokting & Shlachter, Lydia Anderson-Dana , Stoll Stoll Berne Lokting & Shlachter P.C., Robert S. Banks, Jr. , Banks Law Office, PC & Timothy S. DeJong , Stoll Stoll Berne Lokting & Shlachter, PC.

Deloitte & Touche LLP, Defendant, represented by Gary I. Grenley , Garvey Schubert Barer, Gavin M. Masuda , Latham & Watkins LLP, pro hac vice, Marcy C. Priedeman , Latham & Watkins LLP, pro hac vice, Nicholas J. Siciliano , Latham & Watkins LLP, pro hac vice, Nicole C. Valco , Latham & Watkins LLP, pro hac vice, Peter A. Wald , Latham & Watkins LLP, pro hac vice, Daniel L. Keppler , Garvey Schubert Barer, Eryn K. Hoerster , Garvey Schubert Barer, Paul H. Trinchero , Garvey Schubert Barer & Robert C. Weaver, Jr. , Garvey Schubert Barer.

EisnerAmper LLP, Defendant, represented by Joanna R. Travalini , Winston & Strawn LLP, pro hac vice, Linda T. Coberly , Winston & Strawn LLP, pro hac vice, Robine K. Morrison , Winston & Strawn LLP, pro hac vice & William P. Ferranti , The Ferranti Firm LLC.

Sidley Austin LLP, Defendant, represented by Alexander S. Gorin , Munger Tolles & Olson LLP, pro hac vice, Brad D. Brian , Munger Tolles & Olson LLP, pro hac vice, Brandon R. Teachout , Munger Tolles & Olson LLP, pro hac vice, Bruce A. Abbott , Munger Tolles & Olson LLP, pro hac vice, Chad M. Colton , Markowitz Herbold PC, David B. Markowitz , Markowitz Herbold PC, Jonathan E. Altman , Munger Tolles & Olson LLP, pro hac vice, Lauren M. Harding , Munger Tolles & Oslon LLP, pro hac vice, Michael R. Doyen , Munger Tolles & Olson LLP, pro hac vice, Trevor Templeton , Munger Tolles & Olson LLP, pro hac vice, Zachary M. Briers , Munger Tolles & Olson LLP, pro hac vice & Jeffrey M. Edelson , Markowitz Herbold PC.

Tonkon Torp LLP, Defendant, represented by Philip S. Van Der Weele , K&L Gates LLP.

TD Ameritrade, Inc., Defendant, represented by Adam C. Pollet , Eversheds Sutherland (US) LLP, pro hac vice, Bruce M. Bettigole , Eversheds Sutherland (US) LLP, pro hac vice, Gail L. Westover , Eversheds Sutherland (US) LLP, pro hac vice, Nicholas T. Christakos , Eversheds Sutherland (US) LLP, pro hac vice, Matthew J. Kalmanson , Hart Wagner, LLP & Lindsay H. Duncan , Hart Wagner, LLP.

Integrity Bank & Trust, Defendant, represented by Peter D. Hawkes , Lane Powell, PC, SreeVamshi C. Reddy , Lane Powell, PC & Milo Petranovich , Lane Powell, PC.

Duff & Phelps, LLC, Defendant, represented by Andrew C. Nichols , Winston & Strawn LLP, pro hac vice, Scott M. Ahmad , Winston & Strawn LLP, pro hac vice, Stephen V. D'Amore , Winston & Strawn LLP, pro hac vice, William F. Gary , Harrang Long Gary Rudnick, PC & Sharon A. Rudnick , Harrang Long Gary Rudnick, PC.

N. Scott Gillis, Intervenor, represented by Ashley M. Simonsen , Covington & Burling LLP, pro hac vice, Tammy Albarran , Covington & Burling LLP, pro hac vice, William Douglas Sprague , Covington & Burling LLP, pro hac vice & B. Scott Whipple , Whipple Law Office, LLC.

Robert J. Jesenik, Intervenor, represented by Jeffrey F. Robertson , Schulte Roth & Zabel LLP, pro hac vice, Peter H. White , Schulte Roth & Zabel LLP, pro hac vice & Christopher W. Peterman , Attorney at Law, PC.

Brian A. Oliver, Intervenor, represented by Jahan P. Raissi , Shartsis Friese LLP, pro hac vice, Larisa A. Meisenheimer , Shartsis Friese LLP, pro hac vice & Michael B. Merchant , Black Helterline, LLP.

CliftonLarsenAllen Wealth Advisors, LLC, Movant, represented by Michael Jaeger , Faegre Baker Daniels LLP, pro hac vice & Paul J.C. Southwick , Davis Wright Tremaine, LLP.

Sidley Austin LLP, ThirdParty Plaintiff, represented by Alexander S. Gorin , Munger Tolles & Olson LLP, Brad D. Brian , Munger Tolles & Olson LLP, Brandon R. Teachout , Munger Tolles & Olson LLP, pro hac vice, Bruce A. Abbott , Munger Tolles & Olson LLP, Chad M. Colton , Markowitz Herbold PC, David B. Markowitz , Markowitz Herbold PC, Jonathan E. Altman , Munger Tolles & Olson LLP, pro hac vice, Lauren M. Harding , Munger Tolles & Oslon LLP, Michael R. Doyen , Munger Tolles & Olson LLP, Trevor Templeton , Munger Tolles & Olson LLP, Zachary M. Briers , Munger Tolles & Olson LLP & Jeffrey M. Edelson , Markowitz Herbold PC.

Private Advisory Group, ThirdParty Defendant, represented by H. Troy Romero , Romero Park P.S., pro hac vice, Alex C. Trauman , Motschenbacher & Blattner LLP & Nicholas J. Henderson , Motschenbacher & Blattner, LLP.


FINDINGS AND RECOMMENDATION PRELIMINARILY APPROVING GLOBAL SETTLEMENT AND PROVIDING FOR NOTICE

WHEREAS, a class action lawsuit is pending before this Court entitled Ciuffitelli, et al. v. Deloitte & Touche LLP, et al., Civil Action No. 3:16-cv-00580-AC (the "Action");

WHEREAS, Plaintiffs...

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