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In re Iris Energy Limited Securities Litigation — Entry #32: SCHEDULING ORDER: The Court provisionally grants the 31 Motion for Extension of Time to File

Case: In re Iris Energy Limited Securities Litigation nyed · 1:24-cv-07046

filed October 07, 2024

What this document is

Docket entry #32 · filed January 22, 2025

SCHEDULING ORDER: The Court provisionally grants the 31 Motion for Extension of Time to File. The deadline for Lead Plaintiff to file a consolidated amended complaint is extended to March 24, 2025. The parties are reminded that this case has been assigned to Judge Kuo as part of the EDNY Direct Assignment Pilot Program. The parties are encouraged to consent to Judge Kuo for all purposes by filing the Magistrate Judge Consent Form. If all parties consent by May 9, 2025, Judge Kuo will remain as the presiding judge and conduct all proceedings, including trial and any dispositive motions. If no consent form is filed by that date, a District Judge will randomly be assigned as the presiding judge. The parties may withhold their consent without adverse substantive consequences. Ordered by Magistrate Judge Peggy Kuo on 1/22/2025. (RO) (Entered: 01/22/2025)

Who is involved

Why we have it

We follow this case because a company we track is a party: IREN (listed as “Iris Energy Limited”). We checked the full party list on September 26, 2026 and confirmed the match.

A free copy from the RECAP archive of federal court filings (mirrored at the Internet Archive), retrieved September 27, 2026. Federal court filings are public records.

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Case 1:24-cv-07046-PK           Document 32       Filed 01/22/25     Page 1 of 3 PageID #: 489


UNITED STATES DISTRICT COURT
EASTERN DISTRICT OF NEW YORK

In re:


Iris Energy Limited Securities Litigation               1:24-cv-7046 (PK)


                           STIPULATION AND ORDER SETTING
                           PLEADING AND BRIEFING SCHEDULE

            Lead Plaintiff Rick Bunney (“Lead Plaintiff”) and Defendants IREN Limited (f/k/a Iris

  Energy Limited), Daniel Roberts, Williams Roberts, and Belinda Nucifora (“Defendants,” and

  together with Lead Plaintiff, the “Parties”), by and through their undersigned counsel, hereby

  stipulate and agree as follows:

            WHEREAS, on October 7, 2024, Paul Williams-Israel commenced the above-

  captioned putative class action by filing a complaint (the “Complaint”) against Defendants

  asserting claims pursuant to Sections 10(b) and 20(a) of the Exchange Act (15 U.S.C. §§ 78j(b)

  and 78t(a)) and Rule 10b-5 promulgated thereunder by the SEC (17 C.F.R. § 240.10b-5) (ECF

  No. 1);

            WHEREAS, on October 15, 2024, Defendants moved the Court for “an adjournment

  of any deadline to answer or otherwise respond to the Complaint until after the Court appoints

  a lead plaintiff and lead counsel” (the “Motion for Extension of Time to Answer”), with the

  consent of Paul Williams-Israel (ECF No. 9);

            WHEREAS, on October 21, 2024, the Court granted Defendants’ Motion for

  Extension of Time to Answer and ordered that: “Within fourteen (14) days of an order by the

  Court appointing a lead plaintiff and lead counsel, the parties are directed to file a joint


Case 1:24-cv-07046-PK          Document 32      Filed 01/22/25      Page 2 of 3 PageID #: 490


 proposed schedule for the filing of any consolidated or amended complaint and for any

 anticipated motion to dismiss the operative complaint”;

        WHEREAS, on January 7, 2025, the Court issued an order appointing Rick Bunney

 as Lead Plaintiff, and Glancy Prongay & Murray LLP and Holzer & Holzer, LLC as Co-Lead

 Counsel (ECF No. 30);

        WHEREAS, on January 15, 2025, the Parties met and conferred and agreed to a

 schedule for the filing of a consolidated amended complaint and a briefing schedule for

 Defendants’ anticipated motion to dismiss; and

        WHEREAS, the Parties’ negotiated schedule will not otherwise affect the schedule of

 the case, as discovery is stayed pursuant to the Private Securities Litigation Reform Act and

 there are no other events or deadlines currently scheduled;

        NOW, THEREFORE, THE PARTIES HEREBY STIPULATE AND AGREE, by

 and through their undersigned counsel, and subject to this Court’s approval:

        1.      Lead Plaintiff shall file a consolidated amended complaint on or before March

 24, 2025.

        2.      Defendants shall respond to the consolidated amended complaint, by filing a

 motion to dismiss or otherwise, on or before May 23, 2025.

        3.      Lead Plaintiff shall file an opposition to Defendants’ motion to dismiss, if any,

 on or before July 22, 2025.

        4.      Defendants shall file a reply in support of their motion to dismiss, if any, on or

 before September 5, 2025.


                                                2


Case 1:24-cv-07046-PK         Document 32       Filed 01/22/25     Page 3 of 3 PageID #: 491


Respectfully submitted this twenty-first day of January, 2025.


GLANCY PRONGAY & MURRAY LLP                            DAVIS POLK & WARDWELL LLP

By: /s Gregory B. Linkh                                By: /s Edmund Polubinski
Gregory B. Linkh                                       Edmund Polubinski
230 Park Ave. Suite 358                                Paulina Perlin
New York, New York 10169                               450 Lexington Avenue
(212) 682 5340                                         New York, New York 10017
glinkh@glancylaw.com                                   (212) 450-4000
                                                       edmund.polubinski@davispolk.com
Leanne Heine Solish                                    paulina.perlin@davispolk.com
Charles H. Linehan
1925 Century Park East, Suite 2100
Los Angeles, CA 90067                                  Mari Grace
(310) 201-9150                                         1050 17th Street, NW
lsolish@glancylaw.com                                  Washington, DC 20036
clinehan@glancylaw.com                                 (202) 962-7020
                                                       mari.grace@davispolk.com
HOLZER & HOLZER, LLC
Corey D. Holzer
211 Perimeter Center Parkway, Suite 1010               Attorney for Defendants IREN Limited,
Atlanta, Georgia 30346                                 Daniel Roberts, William Roberts, and
(770) 392-0090                                         Belinda Nucifora
cholzer@holzerlaw.com

Co-Lead Counsel for Lead Plaintiff Rick
Bunney


 IT IS SO ORDERED.


        January 22
 Dated:______________, 2025
                                                            Peggy Kuo
 New York, New York                                     Hon. Peggy Kuo
                                                        United States Magistrate Judge


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