Court Grants SEC’s Request to File a 120-Page Omnibus Motion Against 10 Ripple Experts
Court Grants SEC’s Request to File a 120-Page Omnibus Motion.
In other developments, District Judge Analisa Torres has granted the SEC’s request to file a 120-page omnibus motion to limit or exclude the testimonies of 10 Ripple’s experts.
District Judge Torres has granted the SEC’s Motion for Permission to file a 120 page omnibus (big) Motion to Exclude or Limit the Expert Testimony of ten Ripple, Garlinghouse or Larsen experts. pic.twitter.com/uTAGP9kLWa
— James K. Filan 🇺🇸🇮🇪104k+ (beware of imposters) (@FilanLaw) July 7, 2022
Recall that the SEC requested that it file a 120-page omnibus motion to exclude or limit the testimonies of 10 Ripple experts. The SEC opted to file an omnibus motion instead of utilizing the 15-page limit per expert as previously ordered by the court.
The 10 experts the SEC plans to limit or exclude their testimonies have made various reports regarding the lawsuit.
Meanwhile, the blockchain company and Individual Defendants, Brad Garlinghouse and Chris Larsen did not object to the SEC’s request.
However, Ripple and its two executives demanded that they should also be allowed the same page limit when filing an opposition to the SEC’s motion.
Following these reasons, Judge Torres granted the SEC’s request to file a 120-page motion to limit or exclude 10 of Ripple’s experts’ reports.
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