In re LDK Solar Securities Litigation

Filing 153

ORDER DENYING STIPULATION AND PROPOSED ORDER TO CONTINUE HEARING ON CLASS CERTIFICATION MOTION (whalc2, COURT STAFF) (Filed on 10/22/2008)

1 2 3 4 5 6 7 8 9 10 IN RE LDK SOLAR SECURITIES LITIGATION. / This Document Relates to: All Actions. / No. C 07-05182 WHA IN THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF CALIFORNIA

United States District Court

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For the Northern District of California

12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 Dated: October 22, 2008 IT IS SO ORDERED.

ORDER DENYING STIPULATION AND PROPOSED ORDER TO CONTINUE HEARING ON CLASS CERTIFICATION MOTION

The parties have filed a stipulation and proposed order to continue the hearing on plaintiffs' motion for class certification and motion to exclude the declaration of Jane Nettesheim, which is presently set for November 13, 2008. The parties indicate that they wish to pursue a resolution to plaintiff's claims in mediation before Judge Weinstein, and that neither Judge Weinstein nor any other mediator acceptable to all parties is available before early December. The parties indicate that, "absent a settlement or substantial progress toward a settlement," they will re-notice the hearing for a date no later than February 12, 2009. The parties' filing does not show good cause to vacate the hearing and continue this matter virtually indefinitely. The parties' stipulation and proposed order is therefore DENIED.

WILLIAM ALSUP UNITED STATES DISTRICT JUDGE

United States District Court
For the Northern District of California

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