Beach v. Healthways, Inc.
This order addresses a motion to intervene by the Central Laborers’ Pension Fund (CLPF) and the defendants’ motion to stay discovery. Magistrate Judge Juliet Griffin denied the defendants' motion to stay, reasoning that despite potential unnecessary discovery, the existing discovery timelines did not permit bifurcation or phasing of discovery. The court granted CLPF’s motion to intervene as a named plaintiff, finding it met all requirements under Rule 24(a)(2) of the Federal Rules of Civil Procedure. Key factors for intervention included timeliness, a substantial economic interest in the litigation, the potential impairment of CLPF's interest without intervention, and the inadequacy of representation by existing individual plaintiffs for a class of institutional investors. The order also noted that parties resolved proposed modifications to the discovery plan.