Leone v. ASP Isotopes Inc. — Entry #90: MEMO ENDORSEMENT on re: 89 Status Report filed by Mark Leone
Case: Leone v. ASP Isotopes Inc. nysd · 1:24-cv-09253
filed December 04, 2024
What this document is
Docket entry #90 · filed June 15, 2026
MEMO ENDORSEMENT on re: 89 Status Report filed by Mark Leone. ENDORSEMENT: Plaintiff must file a motion for preliminary approval ofthe settlement by July 7, 2026. If no such motion istimely filed, the parties must file a report with the courtexplaining why. The court will then set a date for filing such a motion. (Signed by Judge Colleen McMahon on 6/15/2026) (Motions due by 7/7/2026.) (ar) (Entered: 06/15/2026)
Who is involved
- Alexander Corredor
- ASP Isotopes Inc.
- Heather Kiessling
- Ivan Agapchev
- Jeremiah Hill
- Mark Leone
- Paul E. Mann
- Robert Jennis
- Tony Cheng
Why we have it
We follow this case because it names a company we track, although that company is not a party:
- CleanSpark: its name “CleanSpark, Inc.” appears in a filing in this case.
…reacting to market information. See Hasthantra v. CleanSpark, Inc., No. 21-cv-511 (LAP), 2025 WL 2717308, at…
A free copy from the RECAP archive of federal court filings (mirrored at the Internet Archive), retrieved September 28, 2026. Federal court filings are public records.
Document text
3 page(s), 5,507 characters, converted from the PDF's text layer · plain text.
Full text
Case 1:24-cv-09253-CM-JW Document 90 Filed 06/15/26 Page 1 of 3
Case 1:24-cv-09253-CM-JW Document 89 Filed 06/05/26 Page 1 of 3
UNITED STATES DISTRICT COURT
SOUTHERN DISTRICT OF NEW YORK
l ..
MARK LEO E, Individually and on Behalf
of All Others Similarly Situated,
Plaintiff,
C.A. No. 1:24-cv-9253-CM
V.
Plaintiff must file a motion for preliminary approval of
ASP ISOTO PES INC ., PAULE. MANN , the settlement by July 7, 2026. If no such motion is
and HEATH ER KI ESSLING, timely filed, the parties must file a report with the court
explaining why. The court will then set a date for filing
Defendants . - ~- ,......._
such , ~~
JOINT STATUS REPORT REGARDING SETTLEMENT
~
Lead Plaintiff Mark Leone (" Plaintiff'), Defendant ASP Isotopes Inc. ("ASPI "), and
Defendant Pau l Mann ("Mann," together with ASPI , " Defendants," and together with Plaintiff, the
" Parties"), by and through their unde rsigned counsel , jointly write to update the Court regarding
their agreement in principle to resolve all claims in this action, pursuant to the Joint Stipulation
and Order Stay ing All Proceedings Pending Settlement which the Court so-ordered on April 6,
2026. See ECF No. 85.
The Parties have been diligently negotiating the Stipulation and Agreement of Settlement
and several documents re lated thereto, including the proposed Preliminary Approval Order,
Long Notice , Summary Notice, Postcard Notice, Claim Form, Judgment, and Supplemental
Agreement. These documents are subject to review by several constituencies, including
Defendants ' D&O Carriers. Plaintiff has al so consulted with a damages expert to draft the
proposed plan of allocation, and retai ned a claims administrator (subject to Court approval) after
a competitive bidding process.
Case 1:24-cv-09253-CM-JW Document 90 Filed 06/15/26 Page 2 of 3
Case 1:24-cv-09253-CM-JW Document 89 Filed 06/05/26 Page 2 of 3
Having met and conferred, the Parties believe that additional time is needed to complete
and finali ze the settlement documentation and related materials necessary for the filing of the
Motion for Preliminary Approval. The Parties anticipate being able to file the Motion for
Preliminary Approval by Tuesday July 7, 2026. Accordingly, the Parties respectfully request that
the Court order Plaintiff to file the Motion for Preliminary Approval by July 7, 2026, or, if the
Parties are unable to meet that deadline, that the Parties jointly provide the Court with a status
update at that time.
Dated: June 5, 2026
GLANCY PRONGAY WOLKE & MORGAN, LEWIS & BOCKIUS LLP
ROTTER LLP
By : Isl Garth Spencer By: Isl Michael D. Blanchard
Garth Spencer (GS-7623 ) Michael D. Blanchard
Joseph D. Cohen (pro hac vice) Christopher M. Wasi 1
Amir A. Solei manpour (pro hac vice) One State Street Hartford , CT 06103
1925 Centu ry Park East, Suite 21 00 (860) 240-2700
Los Angeles, CA 90067 michael.blanchard@morganlewis.co m
Telephone: (3 10) 201-91 50 christopher. was il@morgan lewis.co m
gspencer@glancylaw.com
jcohen@glancylaw.com Michael L. Kichline
asoleimanpour@glancylaw.com Laura Hughes McNally
Karen Pieslak Pohlmann
John C. Roberts Jr. (pro hac vice) 2222 Market Street
P.O. Box I 0249 Philadelphia, PA 19103
Bainbridge Island , WA 98 110 (215) 963-5000
Telephone: (31 2) 961-883 2 michael .kichline@morganlewis.com
jroberts@g lancylaw.com laura.mcnal ly@morganlewis.com
karen.pohlmann@morganlewis.com
Counsel for Plaintiff Mark Leone and the
Class Brian A. Herman
101 Park Avenue
New York, NY 10178
(212) 309-6000
brian.herman@morganlewis.com
Attorneys for Defendants ASP Isotopes Inc.
and Paul E. Mann
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Case 1:24-cv-09253-CM-JW Document 90 Filed 06/15/26 Page 3 of 3
Case 1:24-cv-09253-CM-JW Document 89 Filed 06/05/26 Page 3 of 3
SO ORDERED.
DATED: - - - - -- -, 2026
The Honorable Colleen McMahon
United States District Court Judge
-3-