EXHIBIT(S) - 2 - Excerpt of S. Johnson report, Part II - Bruce Kim v. Xp Securities, Llc, N/K/A Xp Investments Us, Llc, Xp Investimentos S.A., Pedro Henrique Cristoforo Da Silveira

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On February 27, 2020 a commercial division case was filed by Bruce Kim, represented by Oh, Lawrence Palmer, and Sakin, Alexander, against Pedro Henrique Cristoforo Da Silveira, Xp Investimentos S.A., and Xp Securities, Llc, N K A Xp Investments Us, Llc, represented by Choi, Brian Seonjoon, and Fulop, Joshua David, in the jurisdiction of New York County. Judge Jennifer G. Schecter presiding.

                        
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                          FILED: NEW YORK COUNTY CLERK 03/12/2024 06:43 PM         INDEX NO. 651341/2020
NYSCEF DOC. NO. 112                                RECEIVED NYSCEF: 03/12/2024




                          Exhibit 2
FILED: NEW YORK COUNTY CLERK 03/12/2024 06:43 PM                                                  INDEX NO. 651341/2020
NYSCEF DOC. NO. 112                                                                       RECEIVED NYSCEF: 03/12/2024




                                         Expert Report of Seth Johnson – Part II


                                                       Damages Due


          Gross Revenues - Covered Desks

                     As an example of Gross Revenues for one year, 2022, the Covered Desk's Gross Revenue
          for Magic Box, a.k.a. - HUBL, and API-CLOB stands at $24,015,086.

                     This Gross Revenue is derived from two hybrid systems: API-CLOB and HUBL.
          Revenues from 2019 and part of 2020 (predating API-CLOB and HUBL) are categor…