In re Rewalk Robotics Ltd. Stockholder Litigation (Lawyers Weekly No. 09-063-17)
COMMONWEALTH OF MASSACHUSETTS
SUFFOLK, ss. SUPERIOR COURT
CIV. NO. 16-3336- BLS 2
(Consol. with 16-3670-BLS 2)
IN RE REWALK ROBOTICS LTD.
STOCKHOLDER LITIGATION
MEMORANDUM OF DECISION AND ORDER
ON DEFENDANTS’ RENEWED REQUEST TO STAY
This is a putative class action brought pursuant to Sections 11, 12 and 15 of the Securities Act of 1933. The lead case was filed October 31, 2016 and the second on November 30, 2106, with the two actions consolidated in January 2017. In April this year, the defendants moved to stay this case because of pending parallel federal multi-district litigation proceedings. This Court (Salinger, J.) denied that request because nothing had taken place of note in the federal litigation and because this case was filed first.
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