Plichta v. Sunpower Corporation et al

Filing 66

ORDER continuing CMC. re (63 in 3:09-cv-05473-CRB) Stipulation filed by Dennis V. Arriola, Thomas H. Werner, SunPower Corporation. Within ten days after the public announcement of the results and completion of SunPower's internal investigation, the parties will meet and confer and propose to the court a new date for the CMC. Signed by Judge Charles R. Breyer on 2/22/2010. (be, COURT STAFF) (Filed on 2/22/2010)

1 JORDAN ETH (BAR NO. 121617) [e-mail] 2 JUDSON E. LOBDELL (CA SBN 146041) 3 [e-mail] MORRISON & FOERSTER LLP 4 425 Market Street San Francisco, California 94105-2482 5 Telephone: [phone] Facsimile: [phone] 6 Attorneys for Defendants Thomas H. Werner, 7 Thurman J. Rodgers, W. Steve Albrecht, Betsy S. Atkins, Uwe-Ernst Bufe, 8 Thomas R. McDaniel, Pat Wood, III, Dennis V. Arriola, Emmanuel T. Hernandez, 9 Daniel S. Shugar, Douglas J. Richards, Bruce R. Ledesma, Marty T. Reese, 10 and nominal defendant SunPower Corporation 11 12 13 14 15 16 IN RE SUNPOWER CORPORATION SHAREHOLDER DERIVATIVE 17 LITIGATION 18 19 20 21 22 23 24 25 26 27 28
STIPULATION AND [PROPOSED] ORDER CONTINUING CASE MANAGEMENT CONFERENCE CASE NO. C 09-05731-CRB sf-2805250

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA SAN FRANCISCO DIVISION ) ) ) ) ) ) ) ) ) ) ) Master File No. C 09-05731-CRB STIPULATION AND [PROPOSED] ORDER CONTINUING CASE MANAGEMENT CONFERENCE Hearing Date: March 5, 2010 Hearing Time: 10:00 a.m.

This Document Relates To: ALL ACTIONS

1

WHEREAS, this is a consolidated shareholder derivative action against certain of the

2 officers and directors of SunPower Corporation ("SunPower"); 3 WHEREAS, on November 16, 2009, SunPower issued a press release announcing an internal

4 investigation by its Audit Committee; 5 WHEREAS, SunPower has not yet announced the results and completion of its internal

6 investigation; 7 WHEREAS, pursuant to the order entered on January 4, 2010, within ten (10) days after

8 the completion and public announcement of SunPower's internal investigation, the parties will 9 meet and confer in good faith to arrange a schedule for the designation of an operative complaint 10 or the filing of a consolidated derivative complaint ("Consolidated Complaint") and a briefing 11 schedule concerning any responsive pleading to the Consolidated Complaint; and 12 WHEREAS, it would be premature and an inefficient use of judicial resources to hold a

13 case management conference in this consolidated action before an operative complaint were 14 designated or a Consolidated Complaint were filed; 15 NOW THEREFORE, IT IS HEREBY STIPULATED AND AGREED among the

16 undersigned parties as follows: 17 (1) Within ten (10) days after the public announcement of the results and completion

18 of SunPower's internal investigation, the parties will meet and confer and propose to the Court a 19 new date for the Case Management Conference; 20 (2) Defendants' undersigned counsel hereby accepts service of the complaints filed in

21 the two consolidated shareholder derivative actions on behalf of all Defendants. 22 23 24 25 26 27 28 -1STIPULATION AND [PROPOSED] ORDER CONTINUING CASE MANAGEMENT CONFERENCE CASE NO. C 09-05731-CRB sf-2805250

1 DATED: February 18, 2010 2 3 4 5 6 7 8 9 10 DATED: February 18, 2010 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 DATED: February 18, 2010

MORRISON & FOERSTER LLP JORDAN ETH JUDSON E. LOBDELL /s/ Judson Lobdell JUDSON LOBDELL Counsel for defendants Thomas H. Werner, Thurman J. Rodgers, W. Steve Albrecht, Betsy S. Atkins, Uwe-Ernst Bufe, Thomas R. McDaniel, Pat Wood, III, Dennis V. Arriola, Emmanuel T. Hernandez, Daniel S. Shugar, Douglas J. Richards, Bruce R. Ledesma, Marty T. Reese, and nominal defendant SunPower Corporation JOHNSON BOTTINI, LLP FRANK JOHNSON FRANCIS A. BOTTINI, JR. BRETT M. WEAVER /s/ Brett Weaver BRETT M. WEAVER 501 W. Broadway, Suite 1720 San Diego, CA 92101 Telephone: [phone] Facsimile: [phone] Co-Lead Counsel and Counsel for Plaintiff David Clarke ROBBINS UMEDA LLP MARC M. UMEDA GEORGE C. AGUILAR ARSHAN AMIRI DAVID L. MARTIN /s/ David Martin DAVID L. MARTIN 600 B Street, Suite 1900 San Diego, CA 92101 Telephone: [phone] Facsimile: [phone] Co-Lead Counsel and Counsel for Plaintiff Richard Logan

-2STIPULATION AND [PROPOSED] ORDER CONTINUING CASE MANAGEMENT CONFERENCE CASE NO. C 09-05731-CRB sf-2805250

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Feb 22, 2010 DATED: ______________________

UNITED STATES DISTRICT JUDGE
harle Judge C yer s R. Bre

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F D IS T IC T O R

-3STIPULATION AND [PROPOSED] ORDER CONTINUING CASE MANAGEMENT CONFERENCE CASE NO. C 09-05731-CRB sf-2805250

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ERED O ORD IT IS S THE HONORABLE CHARLES R. BREYER
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PURSUANT TO STIPULATION, IT IS SO ORDERED.

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I, Judson Lobdell, am the ECF User whose ID and password are being used to file this

2 Stipulation and [Proposed] Order Continuing the Case Management Conference. In compliance 3 with General Order No. 45, X.B., I hereby attest that Brett Weaver and David Martin have 4 concurred in this filing. 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 -4STIPULATION AND [PROPOSED] ORDER CONTINUING CASE MANAGEMENT CONFERENCE CASE NO. C 09-05731-CRB sf-2805250

Dated: February 18, 2010

/s/ Judson Lobdell JUDSON LOBDELL