Oldham v. Marrone Bio Innovations, Inc. et al

Filing 25

STIPULATION and ORDER signed by Senior Judge William B. Shubb on 10/15/2014 DEFERRING deadlines to Respond to the Complaint. (Donati, J)

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JORDAN ETH (BAR NO. 121617)
[e-mail]
JUDSON E. LOBDELL (BAR NO. 146041)
[e-mail]
MORRISON & FOERSTER LLP
425 Market Street
San Francisco, California 94105-2482
Telephone:
415.268.7000
Facsimile:
415.268.7522
Attorneys for Defendants
MARRONE BIO INNOVATIONS, INC., PAMELA G.
MARRONE, DONALD J. GLIDEWELL, JAMES B. BOYD,
ELIN MILLER, RANJEET BHATIA, TIMOTHY FOGARTY,
LAWRENCE HOUGH, JOSEPH HUDSON, RICHARD
ROMINGER, SEAN SCHICKEDANZ, and SHAUGN
STANLEY

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UNITED STATES DISTRICT COURT
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EASTERN DISTRICT OF CALIFORNIA
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KENT OLDHAM, Individually and On Behalf of
All Others Similarly Situated,

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Plaintiff,

Case No.

14-cv-02130-WBS-DAD

STIPULATION AND ORDER
DEFERRING DEADLINES TO
RESPOND TO THE COMPLAINT

v.
MARRONE BIO INNOVATIONS, INC.,
JAMES B. BOYD, DONALD J.
GLIDEWELL, PAMELA G. MARRONE,
ELIN MILLER, RANJEET BHATIA, TIM
FOGARTY, LAWRENCE HOUGH, JOSEPH
HUDSON, RICHARD ROMINGER, SEAN
SCHICKEDANZ, SHAUGN STANLEY,
PIPER JAFFRAY & CO., STIFEL,
NICOLAUS & COMPANY,
INCORPORATED, ROTH CAPITAL
PARTNERS, LLC and JEFFERIES LLC,
Defendants.

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STIPULATION AND [PROPOSED] ORDER DEFERRING RESPONSES
Case No. 2:14-cv-02130-WBS-DAD
sf-3467258

Judge:
Hon. William B. Shubb
Date Filed: Sept. 15, 2014
Trial Date: None Set

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Pursuant to Civil Local Rule 144 and Federal Rule of Civil Procedure 6, the parties hereby
stipulate, subject to the Court’s approval, as follows:
WHEREAS, this securities class action lawsuit was instituted in this district on
September 15, 2014, on behalf of all persons who purchased or otherwise acquired the publicly
traded securities of Marrone Bio Innovations, Inc. (“Marrone”) between August 2, 2013, and
September 2, 2014;
WHEREAS, this securities class action lawsuit is governed by the Private Securities
Litigation Reform Act of 1995, 15 U.S.C. § 78u-4 et seq. (the “Reform Act”);
WHEREAS, a lead plaintiff has not yet been appointed pursuant to 15 U.S.C.
§ 78u-4(a)(3)(B) of the Reform Act;
WHEREAS, counsel for the parties have met and conferred and agreed that the due date
for defendants’ responses to the complaint should be deferred until a lead plaintiff is appointed;
WHEREAS, the agreed-upon extension is not for the purpose of delay, promotes judicial
efficiency, and will not cause prejudice to either party;
WHEREAS, no previous extension of this deadline has been sought;
NOW, THEREFORE,
Without prejudice to any parties’ right to seek interim relief, Defendants shall have no
obligation to answer or otherwise respond to the complaint until after the Court appoints a lead
plaintiff and lead counsel pursuant to the provisions of the Reform Act. Defendants will meet and
confer with the court-appointed lead counsel within twenty (20) days following the appointment
of a lead plaintiff and lead counsel to (a) confirm whether the lead plaintiff will file a new
complaint that supersedes all previously filed complaints or deem the existing complaint
operative; and (b) establish a common response date for all defendants, including a briefing
schedule on defendants’ anticipated motions to dismiss.

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STIPULATION AND [PROPOSED] ORDER DEFERRING RESPONSES
Case No. 2:14-cv-02130-WBS-DAD
sf-3467258

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Dated: October 14, 2014
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MORRISON & FOERSTER LLP
By:

/s/ Judson E. Lobdell
Judson E. Lobdell

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JORDAN ETH
JUDSON E. LOBDELL
Morrison & Foerster LLP
425 Market Street
San Francisco, California 94105-2482
Telephone: [phone]
Facsimile: 415.268.7522
Attorneys for Defendants
MARRONE BIO INNOVATIONS, INC.,
PAMELA G. MARRONE, DONALD J.
GLIDEWELL, JAMES B. BOYD, ELIN
MILLER, RANJEET BHATIA, TIM
FOGARTY, LAWRENCE HOUGH,
JOSEPH HUDSON, RICHARD
ROMINGER, SEAN SCHICKEDANZ, and
SHAUGN STANLEY

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BINGHAM MCCUTCHEN LLP
By: /s/ Charlene S. Shimada as authorized on
10/14/2014
Charlene S. Shimada
BINGHAM MCCUTCHEN LLP
Three Embarcadero Center
San Francisco, CA 94111-4067
Attorneys for Defendants
PIPER JAFFRAY & CO., STIFEL,
NICOLAUS & COMPANY,
INCORPORATED, ROTH CAPITAL
PARTNERS, LLC and JEFFERIES LLC,

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STIPULATION AND [PROPOSED] ORDER DEFERRING RESPONSES
Case No. 2:14-cv-02130-WBS-DAD
sf-3467258

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GREEN & NOBLIN P.C.
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By: /s/ Lesley Weaver as authorized on
10/14/2014
Lesley Weaver
GREEN & NOBLIN P.C.
700 Larkspur Landing Circle
Suite 275
Larkspur, California 94939
United States

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Attorneys for Plaintiff

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STIPULATION AND [PROPOSED] ORDER DEFERRING RESPONSES
Case No. 2:14-cv-02130-WBS-DAD
sf-3467258

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ORDER

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Pursuant to the stipulation, it is SO ORDERED.

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Dated: October 15, 2014

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STIPULATION AND [PROPOSED] ORDER DEFERRING RESPONSES
Case No. 2:14-cv-02130-WBS-DAD
sf-3467258

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