SHIRLEY WERNER KORNREICH, J.
In this putative class action, plaintiffs City Trading Fund (CTF), Lawrence Bass, and Andres Carullo move for preliminary approval of the parties' settlement and preliminary certification of the class. Defendants do not oppose the motion. However, for the reasons that follow, plaintiffs' motion is denied.
Procedural History
On May 30, 2014, CTF commenced this action by filing a complaint asserting two causes of...
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