Westley et al v. Oclaro, Inc. et al

Filing 153

STIPULATION AND ORDER re (152 in 3:11-cv-02448-EMC) TO PARTIALLY STAYING MATTER filed by Alain Couder, Jerry Turin, James Haynes, Oclaro, Inc.. Signed by Judge Edward M. Chen on 5/2/13. (bpf, COURT STAFF) (Filed on 5/2/2013)

1 Gidon M. Caine (Cal. State Bar No. 188110)
Shawn A. Williams (213113)
ALSTON & BIRD LLP
Sunny S. Sarkis (258073)
2 275 Middlefield Road
ROBBINS GELLER RUDMAN & DOWD
Suite 150
LLP
3 Menlo Park, California 94025-4008
Post Montgomery Center
Telephone: [phone]
One Montgomery Center, Suite 1800
4 Facsimile: [phone]
San Francisco, CA 94104
[e-mail]
Telephone: [phone]
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Facsimile: [phone]
Jessica P. Corley (admitted pro hac vice)
6 Andrew T. Sumner (admitted pro hac vice)
ALSTON & BIRD LLP
Julie A. Kearns
7 One Atlantic Center
ROBBINS GELLER RUDMAN & DOWD
1201 West Peachtree Street
LLP
8 Atlanta, Georgia 30309-3424
655 West Broadway, Suite 1990
Telephone: [phone]
San Diego, CA 92101
9 Facsimile: [phone]
Telephone: [phone]
[e-mail]
Facsimile: [phone]
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Attorneys for Defendants
Lead Counsel for Plaintiffs
11 OCLARO, INC., ALAIN COUDER,
JERRY TURIN, and JAMES HAYNES
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UNITED STATES DISTRICT COURT
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NORTHERN DISTRICT OF CALIFORNIA
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CURTIS AND CHARLOTTE WESTLEY,
) No. C11-02448-EMC (NC)
15 Individually and on Behalf of All Others
) and related consolidated action
Similarly Situated,
) (Lead Case No. C11-3176-EMC)
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) (Derivative Action)
Plaintiffs,
)
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)
vs.
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OCLARO, INC., et al.,
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Defendants.
)
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) Lead Case No. C11-3176-EMC (NC)
In re OCLARO, INC. DERIVATIVE
21 LITIGATION
) (Derivative Action)
)
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)
)
This Document Relates To:
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)
)
Westley v. Oclaro, Inc., et al.,
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)
C11-02448-EMC.
)
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STIPULATION AND [PROPOSED] ORDER PARTIALLY STAYING MATTER

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STIPULATION AND [PROPOSED] ORDER – C11-02448-EMC (NC)

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WHEREAS, on May 19, 2011, plaintiffs Curtis and Charlotte Westley filed a complaint

2 (Dkt. No. 1) against defendants Oclaro, Inc., Alain Couder, Jerry Turin, and James Haynes;
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WHEREAS, on September 12, 2011, this Court issued an Order Granting Connecticut

4 Laborers’ Pension Fund’s Motion for Appointment as Lead Plaintiff and Approval of Selection of
5 Counsel;
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WHEREAS, on April 27, 2012, lead plaintiff filed a Second Amended Complaint for

7 Violations of the Federal Securities Laws (“SAC”);
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WHEREAS, on September 21, 2012, this Court issued an Order Granting Defendants’

9 Motion to Dismiss the Second Amended Complaint;
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WHEREAS, on January 10, 2013, this Court issued an Order Granting in Part and Denying

11 in Part Plaintiffs’ Motion for Leave to File Motion for Reconsideration finding that the SAC had
12 adequately alleged claims arising from alleged false statements in May and June 2010 (Dkt. No.
13 107);
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WHEREAS, on January 30, 2013, this Court entered a minute order, that inter alia limited

15 discovery to the issue of scienter with respect to certain statements and setting a discovery cutoff, a
16 deadline for the filing of a Third Amended Complaint (“TAC”), briefing schedules in connection
17 with defendants’ motion to dismiss the TAC and defendants’ motion for summary judgment with
18 respect to scienter for the May and June statements, and an oral argument date for the motion for
19 summary judgment (Dkt. No. 111);
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WHEREAS, on March 1, 2013, lead plaintiff filed a TAC (Dkt. No. 121);

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WHEREAS, on April 1, 2013, defendants filed a motion to dismiss the TAC (Dkt. No. 130);

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WHEREAS, oral argument on defendants’ motion to dismiss the TAC is currently scheduled

23 for May 16, 2013;
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WHEREAS, on April 3, 2013, this Court ordered inter alia, that defendants to produce

25 certain documents by April 24, 2013, and to make a witness or witnesses available for deposition to
26 testify on topics defined in lead plaintiff’s Rule 30(b)(6) deposition notice (Dkt. No. 138);
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STIPULATION AND [PROPOSED] ORDER – C11-02448-EMC (NC)

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WHEREAS, the parties have agreed, subject to this Court’s approval, to partially stay this

2 matter, including discovery deadlines, until such time as this Court renders a decision on the motion
3 to dismiss in order to obtain greater clarity on the ultimate scope of the litigation; and
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WHEREAS, the parties enter this stipulation, not for the purposes of delay, but to efficiently

5 manage this case going forward;
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NOW THEREFORE, the undersigned parties, by and through their counsel of record,

7 stipulate as follows:
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1.

All proceedings and deadlines in this matter are stayed, with the exception of

9 proceedings related to the motion to dismiss the TAC, and the discovery to be produced on May 1,
10 2013, until after this Court decides defendants’ motion to dismiss the TAC.
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2.

Unless otherwise agreed by the parties or ordered by this Court, the January 30, 2013

12 Order is hereby modified to provide that (i) the discovery cutoff shall be five weeks after this Court
13 rules on defendants’ motion to dismiss the TAC; (ii) defendants’ summary judgment motion shall be
14 filed no later than fourteen days after the discovery cutoff; and (iii) a hearing on the motion shall be
15 set for the first Thursday on which Judge Chen is available, at 1:30 p.m., which is at least thirty-five
16 days after the motion for summary judgment is filed.
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DATED: San Francisco, California
May 1, 2013

ROBBINS GELLER RUDMAN
& DOWD LLP
/s/ Shawn A. Williams
SHAWN A. WILLIAMS
SUNNY S. SARKIS
Post Montgomery Center
One Montgomery Street, Suite 1800
San Francisco, CA 94104
Telephone: [phone]
415/288-4534 (fax)

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STIPULATION AND [PROPOSED] ORDER – C11-02448-EMC (NC)

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ROBBINS GELLER RUDMAN
& DOWD LLP
JULIE A. KEARNS
655 West Broadway, Suite 1900
San Diego, CA 92101
Telephone: [phone]
619/231-7423 (fax)

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Lead Counsel for Plaintiffs

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ROBERT M. CHEVERIE & ASSOCIATES
GREGORY S. CAMPORA
Commerce Center One
333 E. River Drive, Suite 101
East Hartford, CT 06108
Telephone: [phone]
860/290-9611 (fax)

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HOLZER HOLZER & FISTEL, LLC
MICHAEL I. FISTEL, JR.
200 Ashford Center North, Suite 300
Atlanta, GA 30338
Telephone: [phone]
770/392-0029 (fax)

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DYER & BERENS LLP
ROBERT J. DYER III
JEFFREY A. BERENS
303 East 17th Avenue, Suite 810
Denver, CO 80203
Telephone: [phone]
303/395-0393 (fax)

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Additional Counsel for Plaintiff

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STIPULATION AND [PROPOSED] ORDER – C11-02448-EMC (NC)

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1 DATED: Menlo Park, California
May 1, 2013
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ALSTON & BIRD LLP
/s/ Gidon M. Caine
GIDON M. CAINE
275 Middlefield Road, Suite 150
Menlo Park, CA 94025-4008
Telephone: [phone]
650/838-2001 (fax)

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Jessica P. Corley (admitted pro hac vice)
Andrew T. Sumner (admitted pro hac vice)
ALSTON & BIRD LLP
One Atlantic Center
1201 West Peachtree Street
Atlanta, Georgia 30309-3424
Telephone: [phone]
Facsimile: [phone]
[e-mail]
Attorneys for Defendants

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STIPULATION AND [PROPOSED] ORDER – C11-02448-EMC (NC)

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SIGNATURE ATTESTATION

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I am the ECF User whose identification and password are being used to file the foregoing
STIPULATION AND [PROPOSED] ORDER STAYING DISCOVERY.

Pursuant to General Order No. 45,

Section X (B) regarding signatures, I, Gidon M. Caine, attest that concurrence in the filing of this
document has been obtained.

8 DATED: May 1, 2013
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/S/ Gidon M. Caine
GIDON M. CAINE (CAL. STATE BAR NO. 188110)

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PURSUANT TO STIPULATION, IT IS SO ORDERED.
DATED:

5/2/13

RT
U
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S DISTRICT
TE EDWARD M. CHEN
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THE HONORABLE
TA
UNITED STATES DISTRICT JUDGE

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STIPULATION AND [PROPOSED] ORDER – C11-02448-EMC (NC)

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