Opinions and documents
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 tbrown@thebrownlawfirm.net
Tel: (312) 377-1181 shashmi@thebrownlawfirm.net
Fax: (312) 229-8811 edonohoe@thebrownlawfirm.net
jbsilverman@pomlaw.com
ctourek@pomlaw.com Counsel for Plaintiff Sara Beth Coffey
dmartinezk@pomlaw.com
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
ahwu@cooley.com Fax: (212) 202-3827
stopol@cooley.com philkim@rosenlegal.com
estone@rosenlegal.com
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
kfukumura@cooley.com
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
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