Jeffrey N. Schneider v. Champignon Brands Inc. — Entry #99: MEMORANDUM in Support of NOTICE OF MOTION AND MOTION for Disbursement of Funds 98 filed by Plaintiff Michael G
Case: Jeffrey N. Schneider v. Champignon Brands Inc. cacd · 2:21-cv-03120
filed April 10, 2021
What this document is
Docket entry #99 · filed November 14, 2024
MEMORANDUM in Support of NOTICE OF MOTION AND MOTION for Disbursement of Funds 98 filed by Plaintiff Michael G. Quinn. (Sadler, Casey) (Entered: 11/14/2024)
Who is involved
- Braxia Scientific Corp.
- Gareth Birdsall
- Jeffrey N. Schneider
- Kenneth Kessler
- Matthew Fish
- Michael G. Quinn
- Roger McIntyre
- Stephen Brohman
- Tim Ryan
Why we have it
We follow this case because it names a company we track, although that company is not a party:
- Marathon Digital: its name “Marathon Digital Holdings, Inc.” appears in a filing in this case.
…Ending Account Value Incl. Al $20,465.63 Marathon Digital Holdings INC Com $3,814 19% Nano Dimension LTD Spon…
A free copy from the RECAP archive of federal court filings (mirrored at the Internet Archive), retrieved November 03, 2026. Federal court filings are public records.
Document text
13 page(s), 28,914 characters, converted from the PDF's text layer · plain text.
Full text
Case 2:21-cv-03120-JVS-KES Document 99 Filed 11/14/24 Page 1 of 13 Page ID
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1 Robert V. Prongay (SBN 270796)
2
Casey E. Sadler (SBN 274241)
GLANCY PRONGAY & MURRAY LLP
3 1925 Century Park East, Suite 2100
4 Los Angeles, California 90067
Telephone: (310) 201-9150
5 Facsimile: (310) 201-9160
6 Email: rprongay@glancylaw.com
Email: csadler@glancylaw.com
7
8 Counsel for Lead Plaintiff Michael G.
Quinn and Lead Counsel for the Class
9
10 UNITED STATES DISTRICT COURT
11 CENTRAL DISTRICT OF CALIFORNIA
12
13
JEFFREY N. SCHNEIDER, Case No. 2:21-cv-03120-JVS-KES
Individually and On Behalf of All
14 Others Similarly Situated, LEAD PLAINTIFF’S
15
MEMORANDUM OF LAW IN
Plaintiff, SUPPORT OF UNOPPOSED
16 MOTION FOR CLASS
17
v. DISTRIBUTION ORDER
18 CHAMPIGNON BRANDS INC., Date: December 16, 2024
19 GARETH BIRDSALL, and Time: 1:30 p.m.
MATTHEW FISH, Crtm: 10C
20 Judge: James V. Selna
21 Defendants.
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MEMORANDUM IN SUPPORT OF MOTION FOR CLASS DISTRIBUTION ORDER
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1 I. PRELIMINARY STATEMENT
2 Court-appointed Lead Plaintiff Michael G. Quinn (“Lead Plaintiff”) on behalf
3 of himself and the Settlement Class, respectfully submits this memorandum in
4 support of the Unopposed Motion for Class Distribution Order (the “Motion”). 1 The
5 proposed plan for distribution of the Net Settlement Fund is set forth in the
6 accompanying Declaration of Margery Craig Concerning the Results of the Claims
7 Administration Process (“Craig Decl.” or “Craig Declaration”), submitted on behalf
8 of the Court-approved Claims Administrator, Strategic Claims Services (“SCS” or
9 the “Claims Administrator”). See Craig Decl. ¶¶21(a)-(e).
10 II. BACKGROUND
11 On April 6, 2022, the Parties entered into the Stipulation, the terms of which
12 established a $1,000,000 Settlement Fund on behalf of the Settlement Class,
13 consisting of all persons and entities that purchased or acquired Braxia shares on the
14 OTC Market between March 27, 2020 and February 17, 2021, both dates inclusive.2
15 On November 4, 2022, the Court entered its Order Preliminarily Approving
16 Settlement and Providing for Notice (“Preliminary Approval Order”). ECF No. 88.
17 Pursuant to the Preliminary Approval Order, SCS: (i) either mailed a Postcard
18 Notice or sent an email containing a direct link to the Notice of (I) Pendency of
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1
Unless otherwise defined herein, all capitalized terms have the meanings set forth
20 in the Stipulation and Agreement of Settlement (ECF No. 65-1; the “Stipulation”),
21 or the Craig Declaration.
2
22 Excluded from the Settlement Class are (a) persons who suffered no compensable
losses; and (b) (i) Defendants; (ii) the legal representatives, heirs, successors,
23 assigns, and members of the immediate families of the Individual Defendants; (iii)
24 the parents, subsidiaries, assigns, successors, predecessors and affiliates of Braxia;
(iv) any person who served as an Officer and/or director of Braxia during the
25 Settlement Class Period; (v) any entity in which any of the foregoing (i)-(iv)
26 excluded persons have or had a majority ownership interest during the Settlement
Class Period; (c) any trust of which any Individual Defendant is the grantor or
27 settlor or which is for the benefit of any Individual Defendant and/or member(s) of
28 his or her immediate family; and (d) Defendants’ liability insurance carriers.
MEMORANDUM IN SUPPORT OF MOTION FOR CLASS DISTRIBUTION ORDER
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1 Class Action, Certification of the Settlement Class and Proposed Settlement; (II)
2 Settlement Hearing; and (III) Motion for an Award of Attorneys’ Fees and
3 Reimbursement of Litigation Expenses, (the “Notice”) and Proof of Claim Form
4 (“Claim Form”) to 37,481 potential Settlement Class Members; (ii) published the
5 Summary Notice electronically over Globe Newswire (a national newswire service);
6 (iii) established a case-specific webpage on its website for the Settlement
7 (www.strategicclaims.net/Braxia/) dedicated to this Settlement; and (iv) set up a
8 toll-free helpline. See Craig Decl., ¶5; see also ECF No. 89-4, ¶10 (regarding
9 publication of the Summary Notice). The Settlement Website and helpline enabled
10 Settlement Class Members to obtain information about the Settlement, including
11 deadlines for requesting exclusion, objecting, and filing Claims, as well as provided
12 access to important documents relevant to the Settlement, including the Stipulation,
13 Notice, and Claim Form. See Settlement Website.
14 On February 2, 2023, the Court entered its Order Approving Plan of
15 Allocation of Net Settlement Fund. ECF No. 95. On March 2, 2023, the Court
16 entered the Judgment Approving Class Action Settlement. Among other things, the
17 Order granted final approval of the Settlement, and approved the Plan of Allocation.
18 ECF No. 97.
19 Lead Counsel now requests that the Court authorize the distribution of the Net
20 Settlement Fund (after payment of the Claims Administrator’s expenses as discussed
21 below, and payment of, or reserve for, taxes, tax preparation fees and escrow fees)
22 to Authorized Claimants. See Stipulation, ¶27 (“Lead Counsel will apply to the
23 Court, on notice to Defendants’ Counsel, for a Class Distribution Order: (a)
24 approving the Claims Administrator’s administrative determinations concerning the
25 acceptance and rejection of the Claims submitted; (b) approving payment of any
26 administration fees and expenses associated with the administration of the
27 Settlement from the Escrow Account; and (c) if the Effective Date has occurred,
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MEMORANDUM IN SUPPORT OF MOTION FOR CLASS DISTRIBUTION ORDER
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1 directing payment of the Net Settlement Fund to Authorized Claimants from the
2 Escrow Account.”).
3 III. CLAIMS ADMINISTRATION
4 Pursuant to the Court-approved Notice, all Settlement Class Members
5 wishing to participate in the Settlement were required to submit Claim Forms by
6 mail or online, postmarked by, or received, no later than March 30, 2023. See ECF
7 No. 89-4, Ex. B (Notice) at p. 3. The Claims Administrator received and reviewed
8 all submitted Claims and, to the extent that a Claim was deficient, the Claims
9 Administrator notified the Claimant of the deficiency and advised the Claimant as to
10 possible ways to cure the deficiency. See Craig Decl., ¶¶8-15, 18-19.
11 Of the 1,094 Claim Forms received by the Claims Administrator, 917 were
12 paper Claim Forms or Claims submitted through the Settlement Website. Id., ¶18.
13 The remaining 177 Claims were filed electronically (“Electronic Claims”).
14 Electronic Claims are typically banks, brokers, nominees, and other third-party filers
15 that file Claims on behalf of numerous Claimants (“E-Claim Filers”). Id. ¶18 & n.3.
16 Because E-Claim Filers submit a high volume of Claims on behalf of multiple
17 Claimants, the Claims Administrator provides E-Claim Filers with the opportunity
18 to submit a master claim form and mail a computer disc or submit an electronic file
19 containing all the transactions of the Claimants on whose behalf the E-Claim Filer is
20 submitting a Claim—rather than providing reams of paper requiring manual data
21 entry. Id. at n.3. This process is designed to expedite the claims process.
22 If a Claim was deficient or defective, the Claims Administrator sent a
23 Deficiency Notice to the Claimant, a sample of which is attached as Exhibit A to the
24 Craig Declaration. Id., ¶¶12-13, Ex. A. The Deficiency Notice advised the
25 Claimant that he, she, or it had twenty (20) days from the date of the Deficiency
26 Notice to submit additional information and/or documentary evidence to cure the
27 Claim, otherwise the Claims Administrator would recommend the Claim for
28 rejection. Id., ¶12. Of the 917 paper and online Claims, the Claims Administrator
MEMORANDUM IN SUPPORT OF MOTION FOR CLASS DISTRIBUTION ORDER
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1 sent Deficiency Notices for 128 Claims (or approximately 14%). Id., ¶13.
2 Approximately 7 of the 177 Electronic Claims (or approximately 4%) were
3 incomplete or had one or more defects or conditions of ineligibility. The 7 deficient
4 Electronic Claims were filed by one unique nominee. SCS sent a Deficiency Notice
5 to the filer informing them of the 7 Electronic Claims that SCS determined to be
6 defective. Id.
7 The Claims Administrator worked diligently with Claimants to resolve
8 deficiencies where possible. Ultimately, as detailed in the Craig Declaration, after
9 the deficiency process was complete, the Claims Administrator determined that 193
10 Claims are acceptable and should receive a distribution. This number includes 170
11 timely and valid claims, and 23 Late But Otherwise Eligible Claims (addressed in
12 Section IV below). Craig Decl., ¶¶19.a. & Exs. C-1, C-2.
13 The Claims Administrator also determined that 901 Claims are not eligible
14 and should be rejected for the following reasons: (i) 397 are Claims with shares
15 purchased on a stock market other than the OTC market; (ii) 311 are Claims with
16 no Recognized Claim; (iii) 102 are Claims with inadequate documentation; (iv) 79
17 are Claims with shares purchased outside of Settlement Class Period; (v) nine are
18 Claims with shares not purchased or otherwise acquired, but that were received or
19 granted by gift, inheritance, or operation of law; (vi) one claim involves securities
20 other than Braxia common stock; (vii) one Claim is a duplicate claim; and (viii) one
21 Claim sold shares short. Id., ¶¶19.b. & c.; and Exs. D & E.
22 In sum, of the 1,094 Claim Forms submitted to SCS, 193 Claims are being
23 recommended for acceptance, and 901 are ineligible and being recommended for
24 rejection.
25 IV. LATE BUT OTHERWISE ELIGIBLE CLAIMS
26 The Claims Administrator continued to receive Claims after the March 30,
27 2023, claims filing deadline. There must, however, be a final cut-off date after
28 which no more Claims may be accepted so that a proportional distribution of the Net
MEMORANDUM IN SUPPORT OF MOTION FOR CLASS DISTRIBUTION ORDER
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1 Settlement Fund may take place. See In re Gypsum Antitrust Cases, 565 F.2d 1123,
2 1127 (9th Cir. 1977) (“There is no question that in the distribution of a large class
3 settlement fund, ‘a cutoff date is essential and at some point the matter must be
4 terminated.’”) (citation omitted); In re Orthopedic Bone Screw Prods. Liab. Litig.,
5 246 F.3d 315, 329 (3d Cir. 2001). Acceptance of additional Claims received during
6 the finalization of the administration process and the preparation of this Motion
7 would necessarily require a delay in the distribution. Accordingly, the Claims
8 Administrator imposed a cut-off date of August 30, 2024 . Craig Decl., ¶21.e.
9 Of the 193 properly documented valid claims, 23 were received or
10 postmarked after the March 30, 2023 deadline, but before the Claim’s
11 Administrator’s imposed cut-off date of August 30, 2024 (“Late But Otherwise
12 Eligible Claims”). Craig Decl., ¶19.a. Id., Ex. C-2. These 23 Late But Otherwise
13 Eligible Claims have been recommended for payment. Id. at 19.a. Lead Counsel
14 and the Claims Administrator believe that when the equities are balanced, it would
15 be unfair to prevent an otherwise valid Claim from participating in the distribution
16 of the Net Settlement Fund solely because it was submitted after the deadline to
17 submit Proofs of Claim, but while the Claims were still being processed. See In re
18 Gypsum, 565 F.2d at 1128 (district court has discretion to grant late claims); In re
19 Toyota Motor Corp. Sec. Litig., 2014 WL 12586787, at *1 (C.D. Cal. Aug. 4, 2014)
20 (accepting “Late but Otherwise Eligible Claims”); see also In re “Agent Orange”
21 Prod. Liab. Litig., 689 F. Supp. 1250, 1261-63 (E.D.N.Y. 1988) (court permitting
22 the qualifying late claimants and opt-out claimants to participate in the settlement
23 distribution because “[t]he cost to the fund of admitting late claimants and
24 readmitting the opt-out claimants to the class action should be relatively small. No
25 significant administrative costs need be incurred to allow the late claims and opt-out
26 claims”). Accordingly, it is respectfully requested that this Court approve Lead
27 Counsel’s recommendation and permit the Claims Administrator to include the Late
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1 But Otherwise Eligible Claims in the Distribution Plan. See Craig Decl., 19.a., and
2 Ex. C-2.
3 Additionally, it is respectfully requested that the Court enter an Order
4 directing that no new Proofs of Claim may be accepted after August 30, 2024, and
5 no further adjustments to submitted Proofs of Claim may be made for any reason
6 after September 24, 2024. See Craig Decl., ¶¶20.e. “Drawing a line is essential to
7 achieve certainty and finality in such a large class action.” Hartman v. Powell, No.
8 00-5356, 2001 WL 410461, at *1 (D.C. Cir. Mar. 15, 2001); see also In re Citigroup
9 Inc. Sec. Litig., No. 09-MD-2070 (SHS), 2014 WL 7399039, at *4 (S.D.N.Y. Dec.
10 29, 2014) (quoting In re Gypsum, 565 F.2d at 1127).
11 V. THE COURT SHOULD REJECT THE ONE DISPUTED CLAIM
12 One Claimant (claim number 782) disputes SCS’s determination of
13 ineligibility and has requested Court review of the rejection of its Claim for having
14 no Recognized Claim under the Court-approved Plan of Allocation. See Craig
15 Decl., ¶19.c.i., Ex. G; see also ECF No. 95 (Order Approving Plan of Allocation of
16 Net Settlement Fund). As set forth in the Craig Declaration, the Claimant seeking
17 Court review had an overall market gain of $82.68 on the Claimant’s transactions in
18 Braxia common stock. See Craig Decl., ¶19.c.i. (showing calculations under the
19 Plan of Allocation resulted in an overall market gain). Under the Plan of Allocation,
20 which was set forth in the Notice, “[t]o the extent a Claimant had a market gain with
21 respect to his, her, or its overall transactions in Braxia shares during the Settlement
22 Class Period, the value of the Claimant’s Recognized Claim shall be zero.” ECF
23 No. 89-4, Ex. B at ¶61. Numerous courts have approved plans of allocation
24 including market gain (or netting) provisions. See, e.g., In re Cendant Corp. Sec.
25 Litig., 454 F.3d 235, 246-47 (3d Cir. 2006) (upholding application of a “netting
26 provision” providing that “all profits shall be subtracted from all losses on all
27 transactions of CUC and Cendant publicly-traded securities during the class period
28 to determine the net claim of each class member. If a class member made a net
MEMORANDUM IN SUPPORT OF MOTION FOR CLASS DISTRIBUTION ORDER
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1 profit, the value of his, her or its claim shall be zero.”); In re Citigroup Inc. Sec.
2 Litig., 2014 WL 7399039, at *2-4 (S.D.N.Y. Dec. 29, 2014) (overruling objection
3 based on objector's “aggregate gain” from class period transactions where plan of
4 allocation provided: “[t]o the extent an Authorized Claimant had an aggregate gain
5 from his, her or its transactions in Citigroup common stock during the Class Period,
6 the value of his, her or its total Recognized Loss will be zero.”).
7 Accordingly, the Court should affirm SCS’s determination that the Claim
8 should be rejected.
9 VI. DISTRIBUTION OF NET SETTLEMENT FUND
10 Consistent with the terms of the Plan of Allocation and with the Court’s
11 approval, the Claims Administrator will conduct an initial distribution of the Net
12 Settlement Fund to all Claimants on a pro rata basis whose distribution payments
13 calculates to $10.00 or more (the “Initial Distribution”). See Craig Decl., ¶21.a.i-vi.
14 Based on the substantial experience of the Claims Administrator and Lead Counsel
15 in similar distributions, it can be expected that a certain number of the payments to
16 be distributed to Settlement Class Members who filed valid Claims will not be
17 cashed, deposited, or negotiated promptly. To encourage Authorized Claimants to
18 promptly cash, deposit, or negotiate their distributions and to avoid or reduce future
19 expenses relating to unpaid distributions, the Claims Administrator and Lead
20 Counsel propose that all the distribution checks bear a notation “CASH
21 PROMPTLY, VOID AND SUBJECT TO RE-DISTRIBUTION 180 DAYS AFTER
22 ISSUE DATE.” Id., ¶21.a.v.
23 The Claims Administrator will make reasonable and diligent efforts to
24 encourage Authorized Claimants who are entitled to participate in the distribution of
25 the Net Settlement Fund to cash their distribution. However, if after nine (9) months
26 any funds remain in the Net Settlement Fund, by reason of uncashed checks or
27 otherwise, the Claims Administrator will conduct a second distribution (the “Second
28 Distribution”) if Lead Counsel, in consultation with the Claims Administrator,
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1 determines that it is cost-effective to do so. Id., ¶21.b. During the Second
2 Distribution, any amounts remaining in the Net Settlement Fund after the Initial
3 Distribution, after payment of Notice and Administration Expenses (including the
4 estimated costs of such Second Distribution), Taxes, and any escrow fees, will be
5 redistributed to all Authorized Claimants in the Initial Distribution who cashed their
6 distribution checks and would receive at least $10.00 from the Second Distribution.
7 Id. Following the Second Distribution, additional redistributions will occur
8 following the same process of the Second Distribution until no funds remain in the
9 Net Settlement Fund or until Lead Counsel, in consultation with the Claims
10 Administrator, determines that additional distributions are no longer economically
11 feasible. Id., ¶21.c.
12 Finally, if any funds remain in the Net Settlement Fund after payment of any
13 further Notice and Administration Costs and Taxes, the remaining balance shall be
14 contributed to the Public Justice Foundation, a non-sectarian, not-for-profit
15 organization dedicated to, among other things, investor education and advocacy.
16 Craig Decl., ¶21.d.; see Declaration of Sharon M. McGowan of the Public Justice
17 Foundation, ¶¶2-10; see also id., ¶¶11-12 (cases in which the Public Justice
18 Foundation received court approval as the cy pres beneficiary). The proposed Class
19 Distribution Order filed concurrently herewith confirms the Settlement’s provisions
20 for such redistribution of any residue of the Net Settlement Fund.
21 VII. RELEASE OF CLAIMS
22 In order to allow the full and final distribution of the Net Settlement Fund, it
23 is necessary to bar any further claims against the Net Settlement Fund beyond the
24 amounts allocated to Authorized Claimants, and to provide that all persons involved
25 in the review, verification, calculation, tabulation, or any other aspect of the
26 processing of the Claims submitted herein, or otherwise involved in the
27 administration or taxation of the Settlement Fund or the Net Settlement Fund, be
28 released and discharged from any and all claims arising out of such involvement.
MEMORANDUM IN SUPPORT OF MOTION FOR CLASS DISTRIBUTION ORDER
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1 Accordingly, Lead Plaintiff respectfully requests that the Court: (a) release
2 and discharge all persons involved in the review, verification, calculation,
3 tabulation, or any other aspect of the processing of the Claims submitted in
4 connection with the Settlement, or who are otherwise involved in the administration
5 or taxation of the Settlement Fund or the Net Settlement Fund, from any and all
6 claims arising out of that involvement; and (b) bar all Settlement Class Members
7 and other Claimants, whether or not they receive payment from the Net Settlement
8 Fund, from making any further claims against the Net Settlement Fund, Lead
9 Plaintiff, Lead Counsel, Plaintiff’s Counsel, the Claims Administrator, the Escrow
10 Agent or any other agent retained by Lead Plaintiff or Lead Counsel in connection
11 with the administration or taxation of the Settlement Fund or the Net Settlement
12 Fund, or any other person released under the Settlement beyond the amounts
13 allocated to them pursuant to the terms of the Class Distribution Order, provided
14 that such released persons acted in accordance with the Stipulation, the Judgment,
15 and the Class Distribution Order.
16 Courts have repeatedly approved similar provisions in connection with the
17 distribution of settlement proceeds. See, e.g., Wilson v. LSB Indus., Inc., 2020 WL
18 5628039, at *2 (S.D.N.Y. Sept. 21, 2020) (“All persons involved in the review,
19 verification, calculation, tabulation, or any other aspect of the processing of the
20 claims submitted herein, or otherwise involved in the administration or taxation of
21 the Settlement Fund or the Net Settlement Fund, are released and discharged from
22 any and all claims arising out of such involvement, and all Settlement Class
23 Members, whether or not they are to receive payment from the Net Settlement Fund,
24 are barred from making any further claim against the Net Settlement Fund or the
25 released persons beyond the amount allocated to them pursuant to this Order.”); see
26 also In re Nuvelo, Inc. Sec. Litig., 2012 WL 12920613, at *2 (N.D. Cal. July 16,
27 2012); In re Toyota Motor Corp. Sec. Litig., 2014 WL 12586787, at *3 (C.D. Cal.
28 Aug. 4, 2014); In re Medicis Pharm. Corp. Sec. Litig., 2013 WL 12149720, at *2
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1 (D. Ariz. Mar. 8, 2013).
2 VIII. THE COURT SHOULD APPROVE PAYMENT OF
ADMINISTRATION RELATED FEES AND EXPENSES
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The cost of the administration of the Settlement through October 21, 2024,
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plus the cost of the Initial Distribution totals $104,230.58. Craig Decl., ¶24. To
5
date, the Claims Administrator has received payment of $98,980.58. Id. The
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estimate to conduct the Initial Distribution plus the 2024 tax work which will be
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reserved prior to the Initial Distribution, is $5,250. Id. Therefore, Lead Counsel
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respectfully requests that the Court authorize payment to the Claims Administrator
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from the Settlement Fund of $5,250.3 Id.
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IX. RECORDS RETENTION AND DESTRUCTION
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Lead Plaintiff respectfully requests that the Court order that: (a) in no less
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than one (1) year after the Second Distribution of the Net Settlement Fund, if that
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occurs, or, if there is no Second Distribution, two years after the Initial Distribution,
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the Claims Administrator may destroy the paper copies of the Claims and all
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supporting documentation; and (b) in no less than one (1) year after all funds have
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been distributed, the Claims Administrator may destroy the electronic copies of the
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Claims and all supporting documentation. Id., ¶22.
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X. CONCLUSION
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For the above reasons, Lead Plaintiff respectfully requests that the Motion be
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granted.
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If the anticipated fees and expenses to conduct the Initial Distribution are greater
27 than the actual cost to conduct the distribution, the excess will be returned to the
28 Settlement Fund. Craig Decl., ¶24.
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1 DATED: November 14, 2024 GLANCY PRONGAY & MURRAY LLP
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By: /s/ Casey E. Sadler
3 Robert V. Prongay
Casey E. Sadler
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1925 Century Park East, Suite 2100
5 Los Angeles, California 90067
Telephone: (310) 201-9150
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Facsimile: (310) 201-9160
7 csadler@glancylaw.com
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Counsel for Lead Plaintiff Michael G. Quinn
9 and Lead Counsel for the Class
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1 PROOF OF SERVICE BY ELECTRONIC POSTING
2 I, the undersigned, say:
3 I am not a party to the above case and am over eighteen years old. On
4 Noember 14, 2024, I served true and correct copies of the foregoing document, by
5 posting the document electronically to the ECF website of the United States District
6 Court for the Central District of California, for receipt electronically by the parties
7 listed on the Court’s Service List.
8 I affirm under the penalty of perjury under the laws of the United States of
9 America that the foregoing is true and correct. Executed on November 14, 2024, at
10 Los Angeles, California.
11 /s/ Casey E. Sadler
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Casey E. Sadler
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