Eichenholtz v. Verifone Holdings, Inc. et al

Filing 295

STIPULATION AND ORDER re 294 EXTENDING TIME TO ANSWER filed by VeriFone Systems, Inc., Douglas G. Bergeron. Signed by Judge Edward M. Chen on 4/3/13. (bpf, COURT STAFF) (Filed on 4/3/2013)

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Robert A. Sacks (SBN 150146)
([e-mail])
SULLIVAN & CROMWELL LLP
1888 Century Park East
Los Angeles, CA 90067
Telephone:
[phone]
Facsimile:
[phone]
Brendan P. Cullen (SBN 194057)
([e-mail])
Sverker K. Hogberg (SBN 244640)
([e-mail])
Nathaniel L. Green (SBN 260568)
([e-mail])
SULLIVAN & CROMWELL LLP
1870 Embarcadero Road
Palo Alto, California 94303
Telephone:
[phone]
Facsimile:
[phone]
Attorneys for VERIFONE SYSTEMS, INC.
and Douglas Bergeron

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UNITED STATES DISTRICT COURT

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NORTHERN DISTRICT OF CALIFORNIA

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In re VERIFONE HOLDINGS, INC.
SECURITIES LITIGATION

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Master File No. 3:07-cv-06140 EMC
CLASS ACTION
STIPULATION AND [PROPOSED] ORDER
EXTENDING TIME TO ANSWER
Assigned to: Hon. Edward M. Chen
Courtroom 5
Date Action Filed: December 4, 2007

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STIPULATION AND [PROPOSED] ORDER EXTENDING TIME TO ANSWER

MASTER FILE NO. 3:07-CV-06140

WHEREAS, on September, 15, 2010, lead plaintiff National Elevator Industry Pension

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Fund (“plaintiff”) filed its Third Amended Consolidated Complaint (Dkt. #262);

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WHEREAS, on October 5, 2010, defendants VeriFone Systems, Inc., Douglas Bergeron,
and Barry Zwarenstein (collectively, “defendants”) filed their Motion to Dismiss plaintiff’s Third

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Amended Complaint (Dkt. #264);
WHEREAS, on March 8, 2011, the Hon. Marilyn H. Patel issued an Amended

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Memorandum and Order Re: Defendants’ Motion to Dismiss Plaintiffs’ Third Amended Complaint,

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granting defendants’ Motion to Dismiss and dismissing plaintiff’s Third Amended Complaint with

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prejudice (“Order Granting Motion to Dismiss”) (Dkt. #275);

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WHEREAS, on April 5, 2011, plaintiff filed a Notice of Appeal of Judge Patel’s Order

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Granting Motion to Dismiss with the Court of Appeals for the Ninth Circuit (“Ninth Circuit”) (Dkt.
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#282);

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WHEREAS, on December 21, 2012, the Ninth Circuit panel reversed, in part, the Order

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Granting Motion to Dismiss, and reinstated plaintiff’s Third Amended Complaint (Case No. 11-15860,

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Dkt. #58);

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WHEREAS, on January 30, 2013, the Ninth Circuit denied defendants’ petition for
rehearing en banc (Case No. 11-15860, Dkt. #61);

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WHEREAS, on February 8, 2013, the Ninth Circuit issued a mandate in accordance with
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Fed. R. App. Proc. 41 and Ninth Cir. Rule 41-1 & -2 remanding the action back to the District Court;

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WHEREAS, the parties held a Rule 26(f) conference on February 26, 2013;

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WHEREAS, defendants requested, and plaintiff agreed, to extend the time for defendants

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to answer so that the parties could prepare for and participate in a mediation, which took place on March

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26, 2013;

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NOW THEREFORE, IT IS HEREBY STIPULATED AND AGREED, between plaintiff
and defendants, by and through their respective counsel, that:
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STIPULATION AND [PROPOSED] ORDER EXTENDING TIME TO ANSWER

MASTER FILE NO. 3:07-CV-06140

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Defendants will file their answers to the plaintiff’s Third Amended Complaint on

or before April 30, 2013.

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DATED: April 1, 2013

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/s/ Brendan P. Cullen
Brendan P. Cullen (SBN 194057)
Sverker K. Hogberg (SBN 244640)
Nathaniel L. Green (SBN 260568)
SULLIVAN & CROMWELL LLP
1870 Embarcadero Road
Palo Alto, California 94303-3308
Telephone: [phone]
Facsimile: [phone]
Robert A. Sacks (SBN 150146)
SULLIVAN & CROMWELL LLP
1888 Century Park East
Los Angeles, California 90067-1725
Telephone: [phone]
Facsimile: [phone]

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Attorneys for VeriFone Systems, Inc. and Douglas
Bergeron

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DATED: April 1, 2013

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/s/ Jordan Eth
Jordan Eth (SBN 121617)
D. Anthony Rodriguez (SBN 162587)
MORRISON & FOERSTER LLP
425 Market Street
San Francisco, California 94105-2482
Telephone: [phone]
Facsimile: [phone]

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Attorneys for Barry Zwarenstein

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DATED: April 1, 2013

/s/ Christopher P. Seefer
Christopher P. Seefer (SBN 201197)
Christopher M. Wood (SBN 254908)
Robbins Geller Rudman & Dowd LLP
One Montgomery Street, Suite 1800
San Francisco, CA 94104
Telephone: [phone]
Facsimile: [phone]
Attorneys for Lead Plaintiff National Elevator
Industry Pension Fund

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STIPULATION AND [PROPOSED] ORDER EXTENDING TIME TO ANSWER
MASTER FILE NO. 3:07-CV-06140

I, Brendan P. Cullen, am the ECF user whose User ID and Password are being used to

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file this STIPULATION AND [PROPOSED] ORDER EXTENDING TIME TO ANSWER. In

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compliance with General Order 45, X.B, I hereby attest that the other signatories listed have concurred

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in this filing.

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Dated: April 1, 2013
/s/ Brendan P. Cullen
Brendan P. Cullen (SBN 194057)
Sverker K. Hogberg (SBN 244640)
Nathaniel L. Green (SBN 260568)
SULLIVAN & CROMWELL LLP
1870 Embarcadero Road
Palo Alto, California 94303-3308
Telephone: [phone]
Facsimile: [phone]

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Robert A. Sacks (CSB 150146)
SULLIVAN & CROMWELL LLP
1888 Century Park East
Los Angeles, California 90067-1725
Telephone: [phone]
Facsimile: [phone]

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Attorneys for VeriFone Systems, Inc. and
Douglas Bergeron

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STIPULATION AND [PROPOSED] ORDER EXTENDING TIME TO ANSWER
MASTER FILE NO. 3:07-CV-06140

S

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n
M. Che
Edward
THE HONORABLE EDWARD M. CHEN
Judge
UNITED STATES DISTRICT JUDGE

Dated:

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FO

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4/3/13

H

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DERED

O OR
IT IS S

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UNIT
ED

THE FOREGOING STIPULATION
IS APPROVED AND IS SO ORDERED.

S DISTRICT
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ORDER

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STIPULATION AND [PROPOSED] ORDER EXTENDING TIME TO ANSWER
MASTER FILE NO. 3:07-CV-06140