T. ROWE PRICE GROUP, INC. et al v. NEEDLE et al

TEMPORARY RESTRAINING ORDER
AND NOW, this 9th day of January 2026, at approximately 4:15 P.M., Eastern Standard
Time, upon consideration of T. Rowe Price Group, Inc., T. Rowe Price Associates, Inc., and T.
Rowe Price Investment Services, Inc. (collectively “Plaintiffs” or “T. Rowe Price”) motion for
temporary restraining order and preliminary injunction, and the allegations in the complaint,
it is hereby ORDERED that, for the reasons set forth in the accompanying memorandum
opinion, the motion is GRANTED, in part, and a temporary restraining order is ENTERED
as follows:
1. 	As detailed in the accompanying memorandum, Plaintiff has shown a likelihood
of success on the merits, that irreparable harm will occur absent injunctive relief,
that the balance of hardships favors injunctive relief, and that injunctive relief is
in the public interest in this case.
2. 	Accordingly, unless later rescinded, Defendants are RESTRAINED 	and
ENJOINED from taking any action to initiate or require Plaintiffs to participate
in a FINRA arbitration related to their mother, Rhea Needle’s accounts.
IN THE UNITED STATES DISTRICT COURT
FOR THE EASTERN DISTRICT OF PENNSYLVANIA
T. ROWE PRICE GROUP,
INC., et al.,
: 	CIVIL ACTION
Plaintiffs, 	:
: 	NO. 26-cv-00015
v. 	:
:
MICHAEL R. NEEDLE, et al., 	:
:
Defendants. 	:
Case 2:26-cv-00015-NIQA Document 13 Filed 01/09/26 Page 1 of 2

3. 	In accordance with Federal Rule of Civil Procedure 65(c), Plaintiff shall post
security in the amount of one-hundred dollars ($100) with the Clerk of Court for
the Eastern District of Pennsylvania by January 16, 2024.
4. 	This Temporary Restraining Order shall expire on January 23, 2025 at 4:15
P.M., Easter Standard Time, unless, before such time, Defendants consent to its
extension for a longer period of time, or the Court extends the duration of this
Order for good cause or adjudicates Plaintiff’s motion for a preliminary
injunction.
5. 	Plaintiff shall be responsible for obtaining any necessary certified copies of this
Temporary Restraining Order from the Clerk of Court and for effecting service
upon Defendants immediately thereafter.
6. 	Defendants are hereby ORDERED to respond to Plaintiffs’ motion for a
preliminary injunction, (ECF 5), within ten (10) days of this order, i.e., on or
before January 19, 2025.
7. 	Defendants’ failure to respond will result in the issuance of a permanent
injunction.
BY THE COURT:
/s/ Nitza I. Quiñones Alejandro
NITZA I. QUIÑONES ALEJANDRO, J.
Judge, United States District Court
Case 2:26-cv-00015-NIQA Document 13 Filed 01/09/26 Page 2 of 2