Zhu v. UCBH Holdings, Inc. et al

Filing 197

ORDER GRANTING 196 Stipulation EXTENDING TIME TO FILE SECOND AMENDED CONSOLIDATED COMPLAINT; ESTABLISHING BRIEFING SCHEDULE; AND ADJUSTING RELATED DEADLINES: Motion Hearing set for 12/16/2011 09:00 AM in Courtroom 11, 19th Floor, San Francisco before Hon. Jeffrey S. White.. Signed by Judge JEFFREY S. WHITE on 6/16/11. (jjoS, COURT STAFF) (Filed on 6/16/2011)

Case3:09-cv-04208-JSW Document196

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Filed06/15/11 Page1 of 7

Laurence M. Rosen (SBN # 219683)
THE ROSEN LAW FIRM, P.A.
333 South Grand Avenue, 25th Floor
Los Angeles, CA 90071
Telephone: [phone]
Facsimile: [phone]
Email: [e-mail]

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and
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Phillip Kim, Esq. (pro hac vice)
THE ROSEN LAW FIRM, P.A.
275 Madison Avenue, 34th Floor
New York, New York 10016
Telephone: [phone]
Facsimile: [phone]
Email: [e-mail]

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Lead Counsel for Lead Plaintiff Kyung Cho and Class
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UNITED STATES DISTRICT COURT
NORTHERN DISTRICT OF CALIFORNIA
SAN FRANCISCO DIVISION
) Case No.: CV-09-4208-JSW
KYUNG CHO; REX DECHAKUL; AND
CV-09-4429-JSW
DAVID HWANG, INDIVIDUALLY AND )
CV-09-4449-JSW
)
ON BEHALF OF ALL OTHERS
CV-09-4513-JSW
)
SIMILARLY SITUATED,
CV-09-4505-JSW
)
Plaintiffs,
) CLASS ACTION
)
vs.
) STIPULATION AND [PROPOSED]
UCBH HOLDINGS, INC.; THOMAS S.
) ORDER EXTENDING TIME TO FILE
WU; EBRAHIM SHABUDIN; CRAIG
) SECOND AMENDED
ON; DENNIS WU; ROBERT NAGEL;
JOHN M. KERR; DANIEL M. GAUTSCH; ) CONSOLIDATED COMPLAINT;
) ESTABLISHING BRIEFING
DOUGLAS MITCHELL; BURTON D.
) SCHEDULE; AND ADJUSTING
THOMPSON; JOHN CINDEREY;
) RELATED DEADLINES
JOSEPH J. JOU; PIN PIN CHAU; LI-LIN
)
KO; JAMES KWOK; QINGYUAN WAN;
) Hon. Jeffrey S. White
GODWIN WONG; DAVID NG; DANIEL
)
P. RILEY; and RICHARD LI-CHUNG
)
WANG
)
Defendants.
)

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STIPULATION AND [PROPOSED] ORDER EXTENDING TIME TO FILE SECOND AMENDED
CONSOLIDATED COMPLAINT; ESTABLISHING BRIEFING SCHEDULE; AND ADJUSTING
RELATED DEADLINES
Case no. CV 09-04208-JSW

Case3:09-cv-04208-JSW Document196

Filed06/15/11 Page2 of 7

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WHEREAS, on May 17, 2011 the Court issued an Order (the “Order”): (1)

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dismissing the Consolidated Amended Complaint; (2) granting Plaintiffs leave to file an

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amended complaint on or before June 24, 2011; and (3) setting a case management

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conference for August 26, 2011, at 1:30 p.m. and requiring the parties to submit a joint

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case management conference statement by August 19, 2011;

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WHEREAS, Plaintiffs’ counsel require additional time to prepare an amended

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complaint in light of the Order which raised a number of complex legal and factual

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issues;

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WHEREAS, Plaintiffs’ counsel, Phillip Kim, the attorney primarily responsible

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for the consolidated amended complaint and the prospective second amended

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consolidated complaint, has a previously scheduled honeymoon with his wife and will be

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out of the country in early July, 2011;

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WHEREAS, the parties believe that an additional thirty days for Plaintiffs to file
the second amended consolidated complaint does not unduly prejudice the parties;
WHEREAS, the parties believe that the establishment of a briefing schedule will
promote the orderly and efficient progress of this action;
WHEREAS, previously the Court granted Defendants an extension of time to
respond to the original complaints pending the filing of a consolidated complaint, granted
Plaintiffs an extension of time to file their consolidated complaint; and ordered a briefing
schedule for defendants’ motions to dismiss the Consolidated Amended Complaint;
WHEREAS, Plaintiffs’ counsel has conferred with counsel for E. Lynn
Schoenmann, Chapter 7 Trustee of UCBH Holdings, Inc., and the Trustee does not object
to this Stipulation;
IT IS HEREBY STIPULATED AND AGREED among the undersigned parties

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through their counsel of record, and subject to Court approval, that:
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The schedule for Plaintiffs to file an amended complaint and for Defendants to
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respond shall be as follows:
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STIPULATION AND [PROPOSED] ORDER EXTENDING TIME TO FILE SECOND AMENDED
CONSOLIDATED COMPLAINT; ESTABLISHING BRIEFING SCHEDULE; AND ADJUSTING
RELATED DEADLINES
Case no. CV 09-04208-JSW

Case3:09-cv-04208-JSW Document196

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



Defendants’ responses to the Second Amended Consolidated Complaint
shall be filed on or before September 13, 2011;

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Plaintiffs’ Second Amended Consolidated Complaint shall be filed on or
before July 25, 2011;

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Filed06/15/11 Page3 of 7



If Defendants file motions challenging the complaint, Plaintiffs’

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opposition briefs will be due on or before October 28, 2011, and

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Defendants’ reply briefs will be due on or before November 22, 2011.

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

The case management conference set for August 26, 2011, is vacated and
a new date will be set following the Court’s decision on Defendants’
motions to dismiss.

IT IS SO STIPULATED.

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Dated: June 15, 2011

LAURENCE M. ROSEN (SBN # 219683)
PHILLIP KIM (pro hac vice)

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THE ROSEN LAW FIRM, P.A.

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By:

/s/Phillip Kim
Phillip Kim

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Lead Counsel for Lead Plaintiff Kyung Cho

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Dated: June 15, 2011

ANNA ERICKSON WHITE
MORRISON & FOERSTER LLP
By:
__/s/ Anna Erickson White__________
Anna Erickson White

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Attorneys for Defendant Craig On, Dennis Wu,
Joseph J. Jou, Pin Pin Chau, Li-Lin Ko,
Godwin Wong, David Ng, Daniel P. Riley and
Richard Li-Chung Wang

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STIPULATION AND [PROPOSED] ORDER EXTENDING TIME TO FILE SECOND AMENDED
CONSOLIDATED COMPLAINT; ESTABLISHING BRIEFING SCHEDULE; AND ADJUSTING
RELATED DEADLINES
Case no. CV 09-04208-JSW

Case3:09-cv-04208-JSW Document196

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Dated: June 15, 2011

Filed06/15/11 Page4 of 7

TIMOTHY P. CRUDO

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LATHAM & WATKINS LLP

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By:

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/s/ Timothy P. Crudo
Timothy P. Crudo
Attorneys for Defendant Thomas Wu

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Dated: June 15, 2011

JAMES A. LASSART

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ROPERS, MAJESKI, KOHN & BENTLEY

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By:

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/s/ James A. Lassart
James A. Lassart
Attorneys for Defendant Ebrahim Shabudin

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Dated: June 15, 2011

ANTHONY P. SCHOENBERG

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FARELLA BRAUN + MARTEL LLP

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By:

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/s/ Anthony P. Schoenberg
Anthony P. Schoenberg

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Attorneys for Defendant John M. Kerr

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Dated: June 15, 2011

DANIEL J. BERGESON

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BERGESON, LLP

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By:

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/s/ Daniel J. Bergeson
Daniel J. Bergeson
Attorneys for Defendants Daniel M. Gautsch,
Douglas Mitchell, and Robert Nagel

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STIPULATION AND [PROPOSED] ORDER EXTENDING TIME TO FILE SECOND AMENDED
CONSOLIDATED COMPLAINT; ESTABLISHING BRIEFING SCHEDULE; AND ADJUSTING
RELATED DEADLINES
Case no. CV 09-04208-JSW

Case3:09-cv-04208-JSW Document196

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Dated: June 15, 2011

Filed06/15/11 Page5 of 7

JEFFREY L. BORNSTEIN

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K&L GATES LLP

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By:

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/s/ Jeffrey Bornstein
Jeffrey L. Bornstein

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Attorneys for Defendant Burton Thompson
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* Signed with permission of all defense counsel

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STIPULATION AND [PROPOSED] ORDER EXTENDING TIME TO FILE SECOND AMENDED
CONSOLIDATED COMPLAINT; ESTABLISHING BRIEFING SCHEDULE; AND ADJUSTING
RELATED DEADLINES
Case no. CV 09-04208-JSW

Case3:09-cv-04208-JSW Document196

Filed06/15/11 Page6 of 7

The hearing on the motion to dismiss will be held on December 16, 2011 at 9:00 a.m.
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IT IS SO ORDERED.

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June 16
Dated: _______________, 2011

____________________________________
The Honorable Jeffrey S. White
United States District Judge

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STIPULATION AND [PROPOSED] ORDER EXTENDING TIME TO FILE SECOND AMENDED
CONSOLIDATED COMPLAINT; ESTABLISHING BRIEFING SCHEDULE; AND ADJUSTING
RELATED DEADLINES
Case no. CV 09-04208-JSW