Freudenberg v. E*Trade Financial Corporation et al

MOTION to Appoint Ira Newman to serve as lead plaintiff

S.D.N.Y.December 3, 2007

UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK ____________________________________ LARRY FREUDENBERG, individually and ) On Behalf of All Others Similarly Situated, ) ) Plaintiff, ) Case No. 07-8538 ) v. ) ) E*TRADE FINANCIAL CORPORATION, ) MITCHELL H. CAPLAN and ROBERT J. ) SIMMONS, ) ) Defendants, ) ____________________________________) Caption Continued NOTICE OF MOTION Case 1:07-cv-08538-RWS Document 23 Filed 12/03/2007 Page 1 of 3 WILLIAM BOSTON, individually and ) On Behalf of All Others Similarly Situated, ) ) Plaintiff, ) Case No. 07-8808 ) v. ) ) E*TRADE FINANCIAL CORPORATION, ) MITCHELL H. CAPLAN and ROBERT J. ) SIMMONS, ) ) Defendants, ) ____________________________________) ROBERT D. THULMAN, individually and ) On Behalf of All Others Similarly Situated, ) ) Plaintiff, ) Case No. 07-9651 ) v. ) ) E*TRADE FINANCIAL CORPORATION, ) MITCHELL H. CAPLAN and ROBERT J. ) SIMMONS, ) ) Defendants, ) ____________________________________) ) JOSHUA FERENEC, individually and ) On Behalf of All Others Similarly Situated, ) ) Plaintiff, ) Case No. 07-10540 ) v. ) ) E*TRADE FINANCIAL CORPORATION, ) MITCHELL H. CAPLAN and ROBERT J. ) SIMMONS, ) ) Defendants, ) ____________________________________) PLEASE TAKE NOTICE, that upon the annexed Declaration of Eduard Korsinsky, and supporting Memorandum of Law, Ira Newman will move this Court located at the Courthouse, 500 Pearl Street, New York, New York 10007-1312, on Case 1:07-cv-08538-RWS Document 23 Filed 12/03/2007 Page 2 of 3 December 3, 2007, or as soon thereafter as counsel may be heard for an Order pursuant to Section 21D(a)(3)(B) of the Securities and Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995 (“PSLRA”), for his appointment to serve as Lead Plaintiff on behalf of all persons who purchased E*TRADE Financial Corporation (“E*TRADE” or the “Company”) common stock from the April 20, 2006, through November 12 , 2007, inclusive, seeking to pursue remedies under Sections 10(b) and 20(a) of the Exchange Act, and Rule 10b-5 promulgated thereunder and any and all state law causes of action available against E*TRADE; and for the approval of his choice of Levi & Korsinsky LLP as Lead Counsel. Dated: November 30, 2007 Respectfully submitted, LEVI & KORSINSKY, LLP /s/Eduard Korsinsky Eduard Korsinsky 39 Broadway, Suite 1601 New York, NY 10006 (212) 363-7500 (tel) (212) 363-7171 (fax) ATTORNEYS FOR IRA NEWMAN AND PROPOSED LEAD COUNSEL Case 1:07-cv-08538-RWS Document 23 Filed 12/03/2007 Page 3 of 3