IN RE MERRILL, BOFA, AND MORGAN STANLEY SPOOFING LITIGATION

UNITED STATES DISTRICT COURT □ SOUTHERN DISTRICT OF NEW YORK □□ In re Merrill, BOFA, and i Spoofing Litieation and Morgan Stanley Le JAN 1 4 2020 | □ □□□□ 19-cv-6002 (AJN) ORDER ALISON J. NATHAN, District Judge: On January 13, 2020, Defendants filed a motion to dismiss. Pursuant to Rule 3.F. of this Court’s Individual Practices in Civil Cases, on or before January 23, 2020, Plaintiffs must notify the Court and their adversaries in writing whether (1) they intend to file an amended pleading and when they will do so or (2) they will rely on the pleading being attacked. Plaintiffs are on notice that declining to amend their pleadings to timely respond to a fully briefed argument in the Defendants’ January 13 motion to dismiss may well constitute a waiver of the Plaintiffs’ right to use the amendment process to cure any defects that have been made apparent by the Defendants’ briefing. See Loreley Fin. Jersey) No. 3 Ltd. v. Wells Fargo Sec., LLC., 797 F.3d 160, 190 (2d Cir, 2015) (leaving “unaltered the grounds on which denial of leave to amend has long been held proper, such as undue delay, bad faith, dilatory motive, and futility”).

If Plaintiffs choose to amend, Defendants may then (a) file an answer; (b) file a new motion to dismiss; or (c) submit a letter stating that they rely on the initially-filed motion to dismiss.

Nothing in this Order alters the time to amend, answer or move provided by the Federal Rules of Civil Procedure or Local Rules.

SO ORDERED.

Dated: J anual F, 2020 New York, New York * ALISON J. NATHAN United States District Judge