The Port Authority of Allegheny County Retirement and Disability Allowance Plan for Employees Represented by Local 85 of the Amalgamated Transit Union v. Smith et al

Filing 32

ORDER granting extension. Amended complaint is due on or before 3/1/10. (tf, COURT STAFF) (Filed on 12/18/2009)

Case3:08-cv-02046-SI Document30

Filed12/14/09 Page1 of 6

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16

BARRACK, RODOS & BACINE STEPHEN R. BASSER (121590) [e-mail] SAMUEL M. WARD (216562) [e-mail] 600 West Broadway, Suite 900 San Diego, CA 92101 Telephone: [phone] Facsimile: [phone] BARRACK, RODOS & BACINE LEONARD BARRACK DANIEL BACINE 3300 Two Commerce Square 2001 Market Street Philadelphia, PA 19103 Telephone: [phone] Facsimile: [phone] Attorneys for Plaintiff, the Port Authority Of Allegheny County Retirement and Disability Allowance Plan for Employees represented by Local 85 of the Amalgamated Transit Union UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA THE PORT AUTHORITY OF ALLEGHENY COUNTY RETIREMENT AND DISABILITY ALLOWANCE PLAN FOR EMPLOYEES REPRESENTED BY LOCAL 85 OF THE AMALGAMATED TRANSIT UNION Plaintiff, ) Case No.: C-08-02046 SI ) ) ) ) STIPULATION AND [PROPOSED] ) ORDER ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

17 vs. 18 19 20 21 22 23 24 25 26 27 28 L. STEPHEN SMITH, W. ROGER HAUGHTON, DAVID H. KATKOV, DONALD P LOFE, JR., MARIANN BYERWALTER, DR. JAMES C. CASTLE, CARMINE GUERRO, WAYNE E. HEDIEN, LOUIS G. LOWER, II, RAYMOND L. OCAMPO JR., JOHN D. ROACH, DR. KENNETH T. ROSEN, STEVEN L. SCHEID, JOSE H. VILLARREAL, MARY LEE WIDENER, and RONALD H. ZECH Defendants, and PMI GROUP, INC., Nominal Defendant.

STIPULATION AND [PROPOSED] ORDER Case No.: C-08-02046 SI

Case3:08-cv-02046-SI Document30

Filed12/14/09 Page2 of 6

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

Plaintiff, the Port Authority of Allegheny County Retirement and Disability Allowance Plan for Employees Represented by Local 85 of the Amalgamated Transit Union ("Plaintiff" or "ATU 85"), defendants L. Stephen Smith, W. Roger Haughton, David H. Katkov, Donald P. Lofe, Jr., Mariann Byerwalter, Dr. James C. Castle, Carmine Guerro, Wayne E. Hedien, Louis G. Lower, II, Raymond L. Ocampo Jr., John D. Roach, Dr. Kenneth T. Rosen, Steven L. Scheid, Jose H. Villarreal, Mary Lee Widener, and Ronald H. Zech (collectively, the "Individual Defendants"), and nominal defendant, The PMI Group, Inc., ("PMI" or the "Company") hereby submit the following Stipulation and [Proposed] Order ("Order"): WHEREAS, on June 26, 2008, this Court entered a Stipulated Case Management Order; WHEREAS, pursuant to the Case Management Order, the above-captioned action was stayed pending resolution of a motion to dismiss the related shareholder class action captioned In re The PMI Group, Inc. Securities Litigation, Master File No. 3:08-cv-01405-SI (the "Securities Class Action"); WHEREAS, on November 2, 2009, the Court entered an Order Denying Defendants' Motion to Dismiss First Amended Complaint in the Securities Class Action; WHEREAS, pursuant to the Case Management Order, Plaintiff is currently required to file an amended complaint 45 days after the lifting of the stay of discovery in the Securities Class Action; and WHEREAS, the parties have met and conferred and agree that, in order to address scheduling conflicts of counsel for both parties and issues related to the case, the deadline for Plaintiff to file an amended complaint should be extended to March 1, 2010 and Defendants' response to Plaintiff's Amended Complaint should be extended to April 15, 2010. /// /// /// /// /// /// /// /// /// /// 1
STIPULATION AND [PROPOSED] ORDER Case No.: C-08-02046 SI

Case3:08-cv-02046-SI Document30

Filed12/14/09 Page3 of 6

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

NOW, THEREFORE, the undersigned parties hereby stipulate and agree, and respectfully request that the Court enter an order as follows: 1. Plaintiff shall file its Amended Complaint on or before March 1, 2010. 2. Defendants shall file a response to the Amended Complaint on or before April 15, 2010. IT IS SO STIPULATED. DATED: December 14, 2009 Respectfully submitted, BARRACK, RODOS & BACINE STEPHEN R. BASSER SAMUEL M. WARD /s/ SAMUEL M. WARD SAMUEL M. WARD 600 West Broadway, Suite 900 San Diego, CA 92101 Telephone: [phone] Facsimile: [phone] Attorneys for Plaintiff, the Port Authority Of Allegheny County Retirement and Disability Allowance Plan for Employees represented by Local 85 of the Amalgamated Transit Union DATED: December 14, 2009 O'MELVENY & MYERS LLP MEREDITH LANDY

/s/ MEREDITH LANDY MEREDITH LANDY 2765 Sand Hill Road Menlo Park, CA 94025 Telephone: [phone] Facsimile: [phone] Attorney for Defendants, L. Stephen Smith, W. Roger Haughton, David H. Katkov, Donald P Lofe, Jr., Mariann Byerwalter, Dr. James C. Castle, Carmine Guerro, Wayne E. Hedien, Louis G. Lower, Ii, Raymond L. Ocampo Jr., John D. Roach, Dr. Kenneth T. Rosen, Steven L. Scheid, Jose H. Villarreal, Mary Lee Widener, and Ronald H. Zech

2
STIPULATION AND [PROPOSED] ORDER Case No.: C-08-02046 SI

Case3:08-cv-02046-SI Document30

Filed12/14/09 Page4 of 6

1 2 3 4

I, Samuel M. Ward, and the ECF User whose ID and password are being used to file this Stipulation and [Proposed] Order. In compliance with General Order 45, X.B., I hereby attest that Meredith N. Landy has concurred in this filing. /s/ SAMUEL M. WARD SAMUEL M. WARD ORDER PURSUANT TO STIPULATION, IT IS SO ORDERED. DATED: ___________________ ________________________________________ THE HONORABLE SUSAN ILLSTON United States District Judge

DATED: December 14, 2009 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 3
STIPULATION AND [PROPOSED] ORDER Case No.: C-08-02046 SI

***

Case3:08-cv-02046-SI Document30

Filed12/14/09 Page5 of 6

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
CERTIFICATE OF SERVICE Case No.: C-08-02046 SI

CERTIFICATE OF SERVICE The Port Authority Of Allegheny County Retirement and Disability Allowance Plan for Employees represented by Local 85 of the Amalgamated Transit Union v. PMI Group, Inc., et. al. Case No.: CV082046 I, the undersigned, state that I am employed in the City and County of San Diego, State of California; that I am over the age of eighteen (18) years and not a party to the within action; that I am employed at Barrack, Rodos & Bacine, 600 West Broadway, Suite 900, San Diego, California 92101; and that on December 14, 2009, I served a true copy of the attached: STIPULATION AND [PROPOSED] ORDER to the parties listed on the attached Service List by the following means of service: BY E-FILE: I electronically filed the foregoing with the Clerk of the Court using the CM/ECF system which will send notification of such filing to the e-mail addresses denoted on the attached Electronic Mail Notice List, and I hereby certify that I have mailed the foregoing document or paper via the United States Postal Service to the nonCM/ECF participants indicated on the attached Service List. BY E-MAIL: I e-mailed a true copy addressed as indicated in the attached Service List, on the above-mentioned date. BY MAIL: I placed a true copy in a sealed envelope with postage thereon fully prepaid and addressed to the parties listed on the attached Service List, on the abovementioned date. I am familiar with the firm's practice of collection and processing correspondence for mailing. It is deposited with the U.S. Postal Service on that same day in the ordinary course of business and there is a regular communication by mail between the place of mailing and the place so addressed. I declare under penalty of perjury under the laws of the State of California that the foregoing is true and correct. Executed this 14th day of December, 2009. /s/ CYNTHIA M. FESSIA CYNTHIA M. FESSIA

Case3:08-cv-02046-SI Document30

Filed12/14/09 Page6 of 6

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
CERTIFICATE OF SERVICE Case No.: C-08-02046 SI

SERVICE LIST

Attorneys for Defendants L. Stephen Smith, W. Roger Haughton, David H. Katkov, Donald P Lofe, Jr., Mariann Byerwalter, Dr. James C. Castle, Carmine Guerro, Wayne E. Hedien, Louis G. Lower, II, Raymond L. Ocampo Jr., John D. Roach, Dr. Kenneth T. Rosen, Steven L. Scheid, Jose H. Villarreal, Mary Lee Widener, and Ronald H. Zech and Nominal Defendant, PMI Group, Inc.

Meredith L. Landy [e-mail] Dhaivat H. Shah [e-mail] O'MELVENY & MYERS LLP 2765 Sand Hill Road Menlo Park, Ca 94025 Telephone: [phone] Facsimile: [phone]