VICTOR MARRERO, U.S.D.J.
[PROPOSED] ORDER DECONSOLIDATING SHAREHOLDER DERIVATIVE ACTION FROM RELATED SECURITIES CLASS ACTION
VICTOR MARRERO, U.S.D.J.
Upon the joint request (the “Request”) of Derivative Plaintiff Wa Ping Kwan (“Kwan”), Nominal Defendant Array Technologies, Inc., f/k/a ATI Intermediate Holdings, LLC (“Array”), Defendants ATI Investment Parent, LLC, Jim Fusaro, Nipul Patel, Troy Alstead, Orlando D. Ashford, Ron P. Corio, Brad Forth, Peter Jonna, Jason Lee, Oaktree ATI Investors, L.P., Oaktree Power Opportunities Fund IV, L.P., Oaktree Power Opportunities Fund IV (Parallel), L.P., Oaktree Capital Group Holdings, L.P., and Oaktree Capital Management, L.P. (the “Defendants”) to deconsolidate the above-referenced shareholder derivative action, Kwan v. Fusaro, et. al, Case No. 1:21-cv-06127-SLC-VM (S.D.N.Y.) (the “Kwan Derivative Action”), from a related securities class action before the Court, Plymouth County Retirement Association v. Array Technologies, Inc., et al., Case No. 1:21-cv-04390-SLC-VM (S.D.N.Y.) (the “Plymouth County Class Action”); and this Court having determined that the legal and factual bases set forth in the Request establish just cause for the relief granted herein; and after due deliberation thereon; and good and sufficient cause appearing therefor, it is HEREBY ORDERED THAT:
1. The
Kwan Derivative Action, captioned
Kwan v. Fusaro, et. al, Case No. 1:21-cv-06127-SLC-VM, is hereby deconsolidated from the
Plymouth County Class Action, captioned
Plymouth County Retirement Association v. Array Technologies, Inc., et al., Case No. 1:21-cv-04390-SLC-VM.
2. The
Kwan Derivative Action, captioned
Kwan v. Fusaro, et. al, No. 1:21-cv-06127-SLC-VM, is hereby reopened as an active matter before the Court.
3. The
Kwan Derivative Action shall be marked as related to the
Plymouth County Class Action.
IT IS SO ORDERED.