Plichta v. Sunpower Corporation et al

Filing 151

STIPULATION AND ORDER SETTING SCHEDULE FOR FILING AMENDED COMPLAINT AND DEFENDANTS' RESPONSE AS MODIFIED BY THE COURT. Case Management Conference set for 6/23/2011 10:00 AM in Courtroom 3, 17th Floor, San Francisco. Signed by Judge Richard Seeborg on 3/11/11. (cl, COURT STAFF) (Filed on 3/11/2011)

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Plichta v. Sunpower Corporation et al Doc. 151 *E-Filed 3/11/11* 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 A 22 23 24 25 26 27 28 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: (858) 793-0070 Fax: (858) 793-0323 davids@blbglaw.com beng@blbglaw.com davidk@blbglaw.com KAPLAN FOX & KILSHEIMER LLP LAURENCE D. KING (Bar No. 206423) 350 Sansome Street, Suite 400 San Francisco, CA 94104 Tel: (415) 772-4700 Fax: (415) 772-4707 lking@kaplanfox.com 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) STACEY KAPLAN (Bar No. 241989) ERIK D. PETERSON (Bar No. 257098) 580 California Street, Suite 1750 San Francisco, CA 94104 Tel: (415) 400-3000 Fax: (415) 400-3001 rabadou@btkmc.com skaplan@btkmc.com epeterson@btkmc.com 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. CLASS ACTION STIPULATION AND [PROPOSED] ORDER SETTING SCHEDULE FOR FILING AMENDED COMPLAINT AND DEFENDANTS' RESPONSE AS MODIFIED BY THE COURT Case No. CV 09-5473-RS (Consolidated) STIPULATION AND [PROPOSED] ORDER SETTING SCHEDULE Case No. CV 09-5473-RS Dockets.Justia.com 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 WHEREAS, on May 28, 2010, Lead Plaintiffs Arkansas Teacher Retirement System, Frsta-AP Fonden, and Danske Invest Management A/S (collectively, "Lead Plaintiffs"), filed the Consolidated Class Action Complaint for Violation of the Federal Securities Laws [ECF No. 92] (the "Consolidated Complaint"); WHEREAS, on August 5, 2010, Defendants filed motions to dismiss the Consolidated Complaint [ECF Nos. 112, 122]; on September 22, 2010, Lead Plaintiffs filed an opposition to Defendants' motions to dismiss [ECF No. 136]; on October 21, 2010, Defendants filed replies in support of their motions to dismiss [ECF Nos. 139, 140]; and on November 4, 2010, the Court heard oral argument on the motions to dismiss [ECF No. 142]; WHEREAS, on March 1, 2011, the Court entered the Order Granting Motion To Dismiss [ECF No. 149], granting Defendants' motion to dismiss without prejudice and granting Lead Plaintiffs leave to file an amended complaint within 20 days (i.e., on or before March 21, 2011); WHEREAS, pursuant to the February 23, 2011, Clerk's Notice [ECF No. 148], a Case Management Conference is scheduled for April 14, 2011, at 10:00 a.m., and the parties are to file a Joint Case Management Statement at least one week prior to the Conference; WHEREAS, due to preexisting scheduling conflicts, Lead Counsel for the Lead Plaintiffs requested and counsel for the Defendants agreed as a matter of professional courtesy to an extension to file the amended complaint on or before April 18, 2011; and WHEREAS, to conserve judicial and party resources, the parties have met and conferred regarding a deadline for Defendants to respond to Lead Plaintiffs' amended complaint and a briefing schedule in the event any Defendant responds to the amended complaint by motion. IT IS HEREBY STIPULATED AND AGREED among the undersigned parties, subject to the Court's approval, as follows: (1) The Case Management Conference scheduled for April 14, 2011, is taken off calendar and the parties are not required to submit a Joint Case Management Statement; (2) (3) Any amended complaint shall be filed on or before April 18, 2011; Defendants shall respond to the amended complaint on or before May 23, 2011; -1- STIPULATION AND [PROPOSED] ORDER SETTING SCHEDULE Case No. CV 09-5473-RS 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 (4) In the event any of the Defendants respond to the amended complaint by motion, Lead Plaintiffs' opposition to such motion shall be filed on or before June 22, 2011; (5) (6) Defendants shall file any reply on or before July 27, 2011; and In the event any of the Defendants respond to the amended complaint by motion, such motion shall be heard on August 11, 2011, at 1:30 p.m., or at such time thereafter that is convenient to the Court, in Courtroom 3, 17th Floor, United States Courthouse, 450 Golden Gate Avenue, San Francisco, California. Dated: March 11, 2011 Respectfully submitted, BERNSTEIN LITOWITZ BERGER & GROSSMANN LLP s/ David R. Stickney DAVID R. STICKNEY DAVID R. STICKNEY BENJAMIN GALDSTON DAVID R. KAPLAN 12481 High Bluff Drive, Suite 300 San Diego, CA 92130 Tel: (858) 793-0070 Fax: (858) 793-0323 BARROWAY TOPAZ KESSLER MELTZER & CHECK LLP By: s/ Ramzi Abadou RAMZI ABADOU RAMZI ABADOU STACEY KAPLAN ERIK D. PETERSON 580 California Street, Suite 1750 San Francisco, CA 94104 Tel: (415) 400-3000 Fax: (415) 400-3001 STIPULATION AND [PROPOSED] ORDER SETTING SCHEDULE Case No. CV 09-5473-RS -2- 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 KAPLAN FOX & KILSHEIMER LLP By: s/ Laurence D. King LAURENCE D. KING LAURENCE D. KING 350 Sansome Street, Suite 400 San Francisco, CA 94104 Tel: (415) 772-4700 Fax: (415) 772-4707 lking@kaplanfox.com -andFREDERIC S. FOX JOEL B. STRAUSS DONALD R. HALL 850 Third Avenue, 14th Floor New York, NY 10022 Tel: (212) 687-1980 Fax: (212) 687-7714 Attorneys for Lead Plaintiffs Arkansas Teacher Retirement System, Första-AP Fonden and Danske Invest Management A/S MORRISON & FOERSTER LLP By: s/ Judson Lobdell JUDSON LOBDELL JORDAN ETH JUDSON LOBDELL 425 Market Street San Francisco, CA 94105 Tel: (415) 268-7000 Fax: (415) 268-7522 Attorneys for Defendants SunPower Corporation, Thomas H. Werner, Dennis V. Arriola, Emmanuel T. Hernandez, W. Steve Albrecht, Betsy S. Atkins, Uwe-Ernst Bufe, T.J. Rodgers, and Patrick Wood, III STIPULATION AND [PROPOSED] ORDER SETTING SCHEDULE Case No. CV 09-5473-RS -3- 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 Dated: _____________, 2011 3/11 SHEARMAN & STERLING LLP By: s/ Stephen D. Hibbard STEPHEN D. HIBBARD STEPHEN D. HIBBARD SEAN T. STRAUSS 525 Market Street San Francisco, CA 94105 Tel: (415) 616-1100 Fax: (415) 616-1199 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. A Case Management Conference is hereby set for June 23, 2011, at 10:00 a.m., with a joint case management conference statement to be filed one week in advance. This date will be continued by the Court without need for any action by the parties in the event one or more defendants respond to the amended complaint by filing a motion, rather than answering. [PROPOSED] ORDER PURSUANT TO STIPULATION, IT IS SO ORDERED. __________________________________________ HONORABLE RICHARD SEEBORG UNITED STATES DISTRICT JUDGE STIPULATION AND [PROPOSED] ORDER SETTING SCHEDULE Case No. CV 09-5473-RS -4-

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