Coffey v. Thomas

District Court, S.D. New York

Coffey v. Thomas

Trial Court Opinion

April 18, 2025 The Honorable Lorna G. Schofield United States District Court for the Southern District of New York 40 Foley Square, Courtroom 1106 New York, New York 10007 Re: In re Sprinklr, Inc. Securities Litigation, Case No. 1:24-cv-06132; Coffey v. Thomas, et al., Case No. 1:25-cv-02242; Figurella v. Thomas, et al., Case No. 1:25-cv-02513 Dear Judge Schofield: Per the Court’s March 27, 2025 and April 1, 2025 orders in the above-captioned matters, the parties have conferred and agree that Coffey v. Thomas, et al., Case No. 1:25-cv-02242 (S.D.N.Y.) and Figurella v. Thomas, et al., Case No. 1:25-cv-02513 (S.D.N.Y.) (the “Related Derivative Actions”) should not be consolidated with In re Sprinklr, Inc. Securities Litigation, Case No. 1:24-cv-06132 (S.D.N.Y.) (the “Securities Class Action”). See In re Bear Stearns Cos. Sec., Derivative & ERISA Litig.,

2009 WL 50132

, at *5 (S.D.N.Y. Jan. 5, 2009) (holding that “the Derivative Action should not be consolidated with the Securities Action” and noting that “reasonable coordination for pretrial purposes” may later be appropriate). To promote efficiency, the parties in the Related Derivative Actions agree that: (i) the Related Derivative Actions should be consolidated; (ii) leadership motions for Plaintiffs in the anticipated consolidated derivative action should be filed on May 1, 2025, responses should be filed by May 15, 2025, and replies should be filed by May 29, 2025; (iii) within 30 days of the Court’s ruling on such motions, the parties will submit a proposal regarding further proceedings; and (iv) Defendants need not answer, move against, or otherwise respond to the complaints in the Related Derivative Actions until after the Court has entered an order regarding further proceedings. The parties in the Related Derivative Action respectfully request that the Court enter an order approving the terms of the parties’ agreement. The plaintiffs in the Securities Class Action take no position on these issues relating to the Related Derivative Actions. We thank the Court for its attention to this matter. Respectfully submitted, POMERANTZ LLP THE BROWN LAW FIRM, P.C. /s/ Christopher P.T. Tourek /s/ Timothy Brown Joshua B. Silverman Timothy Brown (pro hac vice forthcoming) Saadia Hashmi Christopher P.T. Tourek Elizabeth Donohoe (admitted pro hac vice) 767 Third Avenue, Suite 2501 Diego Martinez-Krippner New York, NY 10017 (admitted pro hac vice) Tel: (516) 922-5427 10 South LaSalle Street, Suite 3505 Fax: (516) 344-6204 Chicago, Illinois 60603 [email protected] Tel: (312) 377-1181 [email protected] Fax: (312) 229-8811 [email protected] [email protected] [email protected] Counsel for Plaintiff Sara Beth Coffey [email protected] Lead Counsel for Plaintiffs in the Securities Class Action

COOLEY LLP THE ROSEN LAW FIRM, P.A. /s/ Aric H. Wu /s/ Phillip Kim Aric H. Wu Phillip Kim Sarah M. Topol Erica L. Stone 55 Hudson Yards 275 Madison Avenue, 40th Floor New York, NY 10001 New York, NY 10016 Tel: (212) 479-6000 Tel: (212) 686-1060 [email protected] Fax: (212) 202-3827 [email protected] [email protected] [email protected] Koji F. Fukumura (pro hac vice in Securities Class Action and pro hac vice forthcoming in Counsel for Plaintiff Ray Figurella Related Derivative Actions) 10265 Science Center Drive San Diego, CA 92121 Tel: (858) 550-6000 [email protected] Counsel for Defendants in the Securities Class Action and Related Derivative Actions

The Plaintiffs 25cv2242 and 25cv2513 shall file leadership motions by May 1, 2025. Responses shall be filed by May 15, 2025, and replies shall be filed by May 29, 2025. Within 30 days of the Court’s ruling on such motions, the parties shall submit a joint proposal regarding further proceedings. Defendants need not answer, move against, or otherwise respond to the complaints in the Related Derivative Actions until after the Court has entered an order regarding further proceedings. So Ordered. The Clerk of Court is respectfully directed to docket this Order in all three cases referenced above. Dated: April 22, 2025 New York, New York LORNA G. SCHOFIEL 2 UNITED STATES DISTRICT JUDGE

Reference

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