MacConnach et al v. First Franklin Financial Corporation et al

Filing 53

ORDER continuing final approval hearing re 52 Stipulation filed by First Franklin Financial Corporation, Merrill Lynch & Co., Inc. Fairness Hearing set for 11/13/2009 10:00 AM.. Signed by Judge Charles R. Breyer on 8/28/09. (be, COURT STAFF) (Filed on 8/28/2009)

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

Terry E. Sanchez (State Bar No. 101318) [e-mail] Katherine M. Forster (State Bar No. 217609) [e-mail] MUNGER TOLLES & OLSON LLP 355 S. Grand Ave., 35th Floor Los Angeles, California 90071 Phone: [phone] Facsimile: [phone] George A. Hanson (admitted pro hac) [e-mail] Richard M. Paul III (admitted pro hac) [e-mail] STUEVE SIEGEL HANSON LLP 460 Nichols Road, Suite 200 Kansas City, Missouri 64112 Phone: [phone] Facsimile: [phone] Eric H. Gibbs (State Bar No. 178658) [e-mail] Dylan Hughes (State Bar No. 209113) [e-mail] GIRARD GIBBS LLP 601 California Street, Suite 1400 San Francisco, California 94108 Phone: [phone] Facsimile: [phone] UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA

CHUCK MacCONNACH and WALTER SCHMIDT, individually, and on behalf of all others similarly situated, Plaintiffs, v. FIRST FRANKLIN FINANCIAL CORPORATION, and MERRILL LYNCH & CO., INC., GLOBAL MARKETS AND INVESTMENT BANKING GROUP, Defendants.

Case No. 3:08-cv-04154 CRB STIPULATION AND [PROPOSED] ORDER CONTINUING FINAL APPROVAL HEARING DATE

STIPULATION AND [PROPOSED] ORDER CV 08-04154 8639191.1

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
8639191.1

WHEREAS, the date for the final approval hearing in this matter is currently set for October 16, 2009;

WHEREAS, the parties must provide notice to the class of the settlement, receive responses from the class to the notice, and submit final approval papers to the court before the final approval hearing; and

WHEREAS, the parties have determined that the October 16, 2009, hearing date would not provide sufficient time to complete these activities, and in particular would not give the class a full 45 days to respond to the notice of class settlement as provided in the settlement agreement;

NOW, THEREFORE,

IT IS HEREBY STIPULATED by and among the parties hereto, through their respective counsel of record, as follows: 1. The date of the final approval hearing shall be continued from October 16, 2009,

-2-

STIPULATION AND [PROPOSED] ORDER CV 08-04154

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

to November 13, 2009, to allow the class sufficient time to respond to the notice of class settlement and to give the parties adequate time to submit their final approval papers to the court. DATED: August 25, 2009 By: /s/ Terry E. Sanchez Katherine M. Forster MUNGER TOLLES & OLSON LLP 355 S. Grand Ave., 35th Floor Los Angeles, Ca 90071 Tel: [phone] Fax: [phone] Email: [e-mail] Email: [e-mail] Attorneys for Defendants First Franklin Financial Corporation and Merrill Lynch & Co., Inc., as named and as erroneously sued as Global Markets and Investment Banking Group DATED: August 25, 2009 By: /s/ George A. Hanson Richard M. Paul III STUEVE SIEGEL HANSON LLP 460 Nichols Road, Suite 200 Kansas City, Mo 64112 Tel: [phone] Fax: [phone] Email: [e-mail] Email: [e-mail] Eric H. Gibbs Dylan Hughes GIRARD GIBBS LLP 601 California Street, Ste 1400 Tel: [phone] Fax: [phone] Email: [e-mail] Email: [e-mail] Attorneys for Plaintiffs ORDER PURSUANT TO STIPULATION, IT IS SO ORDERED, August 28, 2009 Dated: __________________________
UNIT ED
S DISTRICT TE C TA

RT U O

S

8639191.1

ER

N

F D IS T IC T O R

A

C

LI

-3-

STIPULATION AND [PROPOSED] ORDER CV 08-04154

FO

ha Judge C

rles R. B

reyer

R NIA

O O Judge United StatesIDistrictRD IT S S
NO

ERED

RT

H