September 12, 2011 Case Management Meeting

In the ongoing proposed securities class action litigation against Prosper Marketplace (Prosper.com). the Superior Court of California hosted a case management meeting this week.

According to minutes posted to the court’s web site,  Court and counsel conferred regarding case status and further proceedings.  The action was then continued until November 7, 2011, when the parties will meet again.  The agenda for the next gathering is expected to include status of discovery and further briefing and hearing schedule.

We are rapidly approaching the 3-year anniversary of this action being filed on November 26, 2008.