Bilodeau v. Viegas et al

Filing 45

ORDER DISCHARGING ORDER TO SHOW CAUSE; DIRECTING PLAINTIFFS TO FILE STATUS REPORT. Plaintiffs shall file with this Court, no later than January 18, 2012, a Status Report apprising the Court with respect to how they intend to proceed in the instant action. Signed by Judge Maxine M. Chesney on November, 1 2012. (mmclc2, COURT STAFF) (Filed on 11/1/2012)

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1 2 3 4 5 6 7 IN THE UNITED STATES DISTRICT COURT 8 FOR THE NORTHERN DISTRICT OF CALIFORNIA 9 For the Northern District of California United States District Court 10 In re IMMERSION CORPORATION Lead Case No. C 09-4291 MMC 11 SECURITIES LITIGATION (Derivative Action) 13 This Document Relates To: ORDER DISCHARGING ORDER TO SHOW CAUSE; DIRECTING PLAINTIFFS TO FILE STATUS REPORT 14 ALL ACTIONS. 12 15 / 16 17 By order filed October 16, 2012, the Court ordered plaintiffs to show cause why the 18 above-titled shareholders derivative action should not be dismissed for failure to prosecute. 19 On October 31, 2012, plaintiffs filed their response, in which plaintiffs state that they have 20 refrained from filing further pleadings in the instant action pending settlement of a related 21 shareholder derivative action filed in state court, that a settlement in the state derivative 22 action was reached and has received final approval by the state court, and that plaintiffs 23 intend to seek permission to voluntarily dismiss with prejudice the above-titled action after 24 expiration of the time to appeal approval of the settlement in the related action, or, if an 25 appeal is filed, will notify this Court as to how they otherwise intend to proceed with respect 26 to further prosecution of the instant action. 27 28 Good cause appearing, the Order to Show Cause is hereby DISCHARGED and plaintiffs are hereby DIRECTED to file with this Court, no later than January 18, 2012, a 1 Status Report apprising the Court with respect to how they intend to proceed in the instant 2 action. 3 IT IS SO ORDERED. 4 Dated: November 1, 2012 MAXINE M. CHESNEY United States District Judge 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 2

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