In re Charles Schwab Corp. Securities Litigation

Filing 750

ORDER GRANTING INDIVIDUAL DEFENDANTS' UNOPPOSED MOTION FOR SUMMARY JUDGMENT RE SECTION 17200 CLAIM by Judge Alsup granting #740 Motion for Summary Judgment (whalc2, COURT STAFF) (Filed on 5/6/2010)

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15

DARRYL P. RAINS (CA SBN 104802) EUGENE ILLOVSKY (CA SBN 117892) MORRISON & FOERSTER LLP 755 Page Mill Road Palo Alto, California 94304-1018 Telephone: [phone] Facsimile: 650.494.0792 Email: [e-mail] CRAIG D. MARTIN (CA SBN 168195) DOROTHY L. FERNANDEZ (CA SBN 184266) MORRISON & FOERSTER LLP 425 Market Street San Francisco, California 94105-2482 Telephone: [phone] Facsimile: 415.268.7522 Attorneys for defendants The Charles Schwab Corporation, Charles Schwab & Co., Inc., Charles Schwab Investment Management, Inc., Schwab Investments, Charles R. Schwab, Evelyn Dilsaver, Randall W. Merk, George Pereira, Matthew Hastings, Mariann Byerwalter, Donald F. Dorward, William A. Hasler, Robert G. Holmes, Gerald B. Smith, Donald R. Stephens, and Michael W. Wilsey

UNITED STATES DISTRICT COURT 16 NORTHERN DISTRICT OF CALIFORNIA 17 SAN FRANCISCO DIVISION 18 19 20 21 22 23 24 25 26 27 28
[PROPOSED] ORDER GRANTING INDIVIDUAL DEFS.' MOTION FOR SUMMARY JUDGMENT RE SECTION 17200 CLAIM MASTER FILE NO.: C-08-01510-WHA sf-2837012

IN RE CHARLES SCHWAB CORP. SECURITIES LITIGATION

Master File No. C-08-01510-WHA CLASS ACTION [PROPOSED] ORDER GRANTING INDIVIDUAL DEFENDANTS' UNOPPOSED MOTION FOR SUMMARY JUDGMENT RE SECTION 17200 CLAIM

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28

Defendants Charles R. Schwab, Evelyn Dilsaver, Randall W. Merk, George Pereira, and Matthew Hastings (the "Individual Defendants") have moved the Court, pursuant to Federal Rule of Civil Procedure 56, to grant them summary judgment on Count IV of plaintiffs' Second Consolidated Amended Complaint, for violation of section 17200 of California Business & Professions Code. Plaintiffs do not oppose this motion. Having considered the papers filed in connection with their Motion, the Court hereby GRANTS the Individual Defendants' Motion for Summary Judgment as to Count IV, for violations of section 17200 of the California Business & Professions Code. The hearing on Monday, May 10, 2010, at 7:30 a.m. is Vacated. IT IS SO ORDERED.

May 6 Dated: _______________, 2010

S DISTRICT TE C TA HON. WILLIAM H. ALSUP

RT U O

UNIT ED

UNITED STATES DISTRICT JUDGE

S

ER

N

F D IS T IC T O R

A

C

LI
1

[PROPOSED] ORDER GRANTING INDIVIDUAL DEFS.' MOTION FOR SUMMARY JUDGMENT RE SECTION 17200 CLAIM MASTER FILE NO.: C-08-01510-WHA sf-2837012

FO

illi Judge W

am Alsu

p

R NIA

OO IT IS S

RDERE

D

NO

RT

H