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NAYANI v. LIFESTANCE HEALTH GROUP, INC.

22-cv-6833 (JSR).

641 F.Supp.3d 57 (2022)

Nizar S. NAYANI, Individually and on Behalf of All Others Similarly Situated, Plaintiff, v. LIFESTANCE HEALTH GROUP, INC., Michael K. Lester, J. Michael Bruff, Robert Bessler, Darren Black, Jeffrey Rhodes, Eric Shuey, Katherine Wood, Morgan Stanley & Co. LLC, Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, Jefferies LLC, TPG Capital Bd. LLC, UBS Securities LLC, and William Blair & Company, L.L.C., Defendants.

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

Signed November 17, 2022.

Attorney(s) appearing for the Case

David Avi Rosenfeld, Samuel Howard Rudman, Robbins Geller Rudman & Dowd LLP, Melville, NY, for Plaintiff.

Cole A. Goodman, Sara A. Bellin, William T. Davison, Ropes & Gray LLP, Boston, MA, Daniel V. McCaughey, Ropes & Gray LLP, San Francisco, CA, Martin Jonathan Crisp, Ropes & Gray LLP, New York, NY, for Defendants LifeStance Health Group, Inc., Michael K. Lester, J. Michael Bruff, Robert Bessler, Darren Black, Jeffrey Crisan, William Miller, Jeffrey Rhodes, Eric Shuey, Katherine Wood.

Brian Stryker Weinstein, Esther C. Townes, Davis Polk & Wardwell LLP, New York, NY, for Defendants Morgan Stanley & Co. LLC, Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, Jefferies LLC, TPG Capital BD, LLC, UBS Securities LLC, William Blair & Company, L.L.C.

OPINION AND ORDER

This is a putative class action filed by plaintiff Nizar Nayani against defendants LifeStance Health Group, Inc. ("LifeStance"), a firm that provides mental health services; nine of LifeStance's officers and directors (the "individual defendants"); and the underwriters (the...

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