Plichta v. Sunpower Corporation et al

Filing 134

STIPULATION AND ORDER GRANTING LEAD PLAINTIFFS LEAVE TO FILE A SINGLE BRIEF OF UP TO 35 PAGES IN OPPOSITION TO DEFENDANTS' MOTIONS TO DISMISS. Signed by Judge Richard Seeborg on 8/24/10. (cl, COURT STAFF) (Filed on 8/24/2010)

E-Filed 8/24/10*

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BERNSTEIN LITOWITZ BERGER & GROSSMANN LLP DAVID R. STICKNEY (Bar No. 188574) BENJAMIN GALDSTON (Bar No. 211114) DAVID R. KAPLAN (Bar No. 230144) 12481 High Bluff Drive, Suite 300 San Diego, CA 92130 Tel: [phone] Fax: [phone] [e-mail] [e-mail] [e-mail] KAPLAN FOX & KILSHEIMER LLP FREDERIC S. FOX (pro hac vice) JOEL B. STRAUSS (pro hac vice) DONALD R. HALL (pro hac vice) 850 Third Avenue, 14th Floor New York, NY 10022 Tel: [phone] Fax: [phone] [e-mail] Attorneys for Lead Plaintiffs Arkansas Teacher Retirement System, Första-AP Fonden and Danske Invest Management A/S

BARROWAY TOPAZ KESSLER MELTZER & CHECK, LLP RAMZI ABADOU (Bar No. 222567) NICHOLE BROWNING (Bar No. 251937) STACEY KAPLAN (Bar No. 241989) ERIK D. PETERSON (Bar No. 257098) 580 California Street, Suite 1750 San Francisco, CA 94104 Tel: [phone] Fax: [phone] [e-mail] [e-mail] [e-mail] [e-mail] [e-mail] [e-mail]

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA SAN FRANCISCO DIVISION HARRY W. PLICHTA, Individually and On Behalf of All Others Similarly Situated, Plaintiff, v. SUNPOWER CORPORATION, THOMAS H. WERNER, DENNIS V. ARRIOLA, EMMANUEL T. HERNANDEZ, DEUTSCHE BANK SECURITIES INC., CREDIT SUISSE SECURITIES (USA) LLC, LAZARD CAPITAL MARKETS LLC, BARCLAYS CAPITAL INC, PIPER JAFFRAY & CO., WACHOVIA CAPITAL MARKETS, LLC n/k/a WELLS FARGO SECURITIES, LLC, SL HARE CAPITAL, INC., T.J. RODGERS, W. STEVE ALBRECHT, BETSY S. ATKINS, PATRICK WOOD, III & UWE-ERNST BUFE Defendants.
STIP. AND [PROPOSED] ORDER RE OPP. BRIEF Case No. 09-cv-05473-RS

Case No. CV 09-5473-RS (Consolidated) CLASS ACTION STIPULATION AND [PROPOSED] ORDER GRANTING LEAD PLAINTIFFS LEAVE TO FILE A SINGLE BRIEF OF UP TO 35 PAGES IN OPPOSITION TO DEFENDANTS' MOTIONS TO DISMISS

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WHEREAS, on May 28, 2010, Lead Plaintiffs, Arkansas Teacher Retirement System, FörstaAP Fonden and Danske Investment Management A/S (collectively, "Lead Plaintiffs"), filed the Consolidated Class Action Complaint For Violation of the Federal Securities Laws [Dkt. #92] (the "Consolidated Complaint"); WHEREAS, on August 5, 2010, Defendants SunPower Corporation, Thomas H. Werner, Dennis V. Arriola, Emmanuel T. Hernandez, T.J. Rodgers, W. Steve Albrecht, Betsy S. Atkins, Patrick Wood, III, and Uwe-Ernst Bufe (the "SunPower Defendants") filed a Motion to Dismiss the Consolidated Complaint [Dkt. #122]; WHEREAS, on August 5, 2010, Defendants Deutsche Bank Securities Inc., Credit Suisse Securities (USA) LLC, Lazard Capital Markets LLC, Barclays Capital Inc., Piper Jaffray & Co., Wachovia Capital Markets, LLC n/k/a Wells Fargo Securities, LLC, and SL Hare Capital, Inc. (the "Underwriter Defendants") filed a Motion to Dismiss the Consolidated Complaint [Dkt. #112]; WHEREAS, Local Rule 7-3(a) governs page limits for motions and permits Lead Plaintiffs to file separate opposition briefs of 25 pages each, totaling 50 pages; WHEREAS, rather than file separate opposition briefs of up to 50 pages, Lead Plaintiffs request leave to file a single opposition brief of up to 35 pages; WHEREAS, Lead Plaintiffs respectfully submit that a single brief will avoid duplication and conserve the resources of the Court and the parties; WHEREAS, Defendants do not oppose Lead Plaintiff's request to file a single brief of up to 35 pages in opposition to Defendants' motions to dismiss the Consolidated Complaint; NOW, THEREFORE, IT IS HEREBY STIPULATED AND AGREED among the undersigned parties as follows: 1.) Lead Plaintiffs may file a single brief of up to 35 pages in opposition to Defendants'

motions to dismiss the Consolidated Complaint. //// //// ////
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Dated: August 17, 2010

BERNSTEIN LITOWITZ BERGER & GROSSMANN LLP

/s/ David R. Stickney DAVID R. STICKNEY (Bar No. 188574) BENJAMIN GALDSTON (Bar No. 211114) DAVID R. KAPLAN (Bar No. 230144) 12481 High Bluff Drive, Suite 300 San Diego, CA 92130 Tel: [phone] Fax: [phone] [e-mail] [e-mail] [e-mail] Attorneys for Lead Plaintiffs Arkansas Teacher Retirement System, Första-AP Fonden and Danske Invest Management A/S

Dated: August 17, 2010

BARROWAY TOPAZ KESSLER MELTZER & CHECK LLP

/s/ Ramzi Abadou RAMZI ABADOU (Bar No. 222567) NICHOLE BROWNING (Bar No. 251937) STACEY KAPLAN (Bar No. 241989) ERIK D. PETERSON (Bar No. 257098) 580 California Street, Suite 1750 San Francisco, CA 94104 Tel: [phone] Fax: [phone] [e-mail] [e-mail] [e-mail] [e-mail] Attorneys for Lead Plaintiffs Arkansas Teacher Retirement System, Första-AP Fonden and Danske Invest Management A/S

2 STIP. AND [PROPOSED] ORDER RE OPP. BRIEF Case No. 09-cv-05473-RS

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Dated: August 17, 2010

KAPLAN FOX & KILSHEIMER LLP

/s/ Frederick S. Fox FREDERIC S. FOX (pro hac vice) JOEL B. STRAUSS (pro hac vice) DONALD R. HALL (pro hac vice) 850 Third Avenue, 14th Floor New York, NY 10022 Tel: [phone] Fax: [phone] [e-mail] [e-mail] [e-mail] -andLAURENCE D. KING (Bar No. 206423) MARIO M. CHOI (Bar No. 243409) 350 Sansome Street, Suite 400 San Francisco, CA 94104 Tel: [phone] Fax: [phone] [e-mail] [e-mail] Attorneys for Lead Plaintiffs Arkansas Teacher Retirement System, Första-AP Fonden and Danske Invest Management A/S

Dated: August 17, 2010

MORRISON & FOERSTER LLP

/s/ Jordan Eth JORDAN ETH (Bar No.121617) JUDSON LOBDELL (Bar No. 146041) 425 Market Street San Francisco, CA 94105 Tel: [phone] Fax: [phone] [e-mail] [e-mail] Attorneys for Defendants SunPower Corporation, Thomas H. Werner, Dennis V. Arriola, Emmanuel T. Hernandez, T.J. Roberts, W. Steve Albrecht, Betsy S. Atkins, Patrick Wood, III and Uwe-Ernst Bufe
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Dated: August 17, 2010

SHEARMAN & STERLING LLP

/s/ Stephen D. Hibbard STEPHEN D. HIBBARD (Bar No.177865) SEAN T. STRAUSS (Bar No. 245811) 525 Market Street San Francisco, CA 94105 Tel: [phone] Fax: [phone] [e-mail] [e-mail] Attorneys for Defendants Deutsche Bank Securities Inc., Credit Suisse Securities (USA) LLC, Lazard Capital Markets LLC, Barclays Capital Inc., Piper Jaffray & Co., Wachovia Capital Markets, LLC n/k/a Wells Fargo Securities, LLC, and SL Hare Capital, Inc.

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PURSUANT TO STIPULATION, IT IS SO ORDERED.

8/24 Dated: _____________, 2010

__________________________________________ HONORABLE RICHARD SEEBORG UNITED STATES DISTRICT JUDGE

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