April 25, 2014
Lachman Dass Gupta
E*Trade Securities, LLC et al.
Jody Barillare, Esquire Morgan Lewis & Bockius LLP
Erika R. Caesar, Esquire Young Conaway Stargatt & Taylor LLP
SAM GLASSCOCK III VICE CHANCELLOR
Dear Litigants and Counsel:
I am in receipt of the Petitioners' Notice of Exceptions to the Order entered by Master Ayvazian on April 11, 2014, which denies the Petitioners' Motion for a Default Judgment against Defendant JP Morgan Securities, LLC. The Petitioners' Exceptions are preserved; however, in the interests of judicial and litigants' economy, I exercise my discretion to defer a hearing on the Exceptions. Accordingly, I am remanding this matter to the Master. Once a final report has been issued, the Petitioners may re-file their Exceptions, if appropriate, and I will consider the issues raised therein at that time. To the extent the foregoing requires an Order to take effect, IT IS SO ORDERED.