Westley et al v. Oclaro, Inc. et al

Filing 61

***Deadlines terminated. 60 STIPULATION WITH PROPOSED ORDER Scheduling Plaintiffs' Filing of Second Amended Complaint and Defendants' Response Thereto and Rescheduling Case Management Conference filed by Alain Couder, Jerry T urin, Charlotte Westley, Curtis Westley, Connecticut Laborers' Pension Fund, Oclaro, Inc.., STIPULATION AND ORDER re 60 STIPULATION WITH PROPOSED ORDER Scheduling Plaintiffs' Filing of Second Amended Complaint and Defendants& #039; Response Thereto and Rescheduling Case Management Conference filed by Alain Couder, Jerry Turin, Charlotte Westley, Curtis Westley, Connecticut Laborers' Pension Fund, Oclaro, Inc., Set/Reset Deadlines as to 60 STIPULATION WITH PROPOSED ORDER Scheduling Plaintiffs' Filing of Second Amended Complaint and Defendants' Response Thereto and Rescheduling Case Management Conference. Case Management Statement due by 9/21/2012. Case Management Conference set for 9/28/2012 09:00 AM in Courtroom 5, 17th Floor, San Francisco. Responses due by 6/25/2012. Replies due by 7/16/2012. Motion Hearing set for 8/24/2012 01:30 PM in Courtroom 5, 17th Floor, San Francisco before Hon. Edward M. Chen.. Signed by Judge Edward M. Chen on 4/20/12. (bpf, COURT STAFF) (Filed on 4/20/2012)

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1 2 3 4 GIDON M. CAINE (Cal. State Bar No. 188110) ALSTON & BIRD LLP 275 Middlefield Road Suite 150 Menlo Park, California 94025-4008 Telephone: (650) 838-2000 Facsimile: (650) 838-2001 gidon.caine@alston.com 5 6 7 8 9 10 11 12 Jessica P. Corley (admitted pro hac vice) Elizabeth P. Skola (admitted pro hac vice) ALSTON & BIRD LLP One Atlantic Center 1201 West Peachtree Street Atlanta, Georgia 30309-3424 Telephone: (404) 881-7000 Facsimile: (404) 881-7777 jessica.corley@alston.com elizabeth.skola@alston.com Attorneys for Defendants OCLARO, INC., ALAIN COUDER, JERRY TURIN, and JAMES HAYNES 13 UNITED STATES DISTRICT COURT 14 NORTHERN DISTRICT OF CALIFORNIA 15 16 CURTIS and CHARLOTTE WESTLEY, individually and on behalf of others similarly situated, Case No. C11-2448 EMC and related consolidated action 17 Plaintiffs, 18 v. 19 OCLARO, INC., et al., 20 Defendants. 21 22 23 IN RE OCLARO, INC. DERIVATIVE LITIGATION, 24 This Document Relates to: 25 WESTLEY v. OCLARO 26 27 Lead Case No. C11-3176 EMC (Derivative Action) STIPULATION AND [PROPOSED] ORDER SCHEDULING PLAINTIFFS’ FILING OF SECOND AMENDED COMPLAINT AND DEFENDANTS’ RESPONSE THERETO AND RESCHEDULING CASE MANAGEMENT CONFERENCE 28 STIPUTLATION AND [PROPOSED] ORDER SCHEDULING PLAINTIFFS’ FILING OF SECOND AMENDED COMPLAINT AND DEFENDANTS’ RESPONSE THERETO AND RESCHEDULING CASE MANAGEMENT CONFERENCE 1 WHEREAS, Plaintiffs Curtis and Charlotte Westley (collectively, “Plaintiffs”), through their 2 counsel, filed a purported class action complaint (“Complaint”) against Defendants Oclaro, Inc., 3 Alain Couder, Jerry Turin, and James Haynes (collectively, “Defendants”) in the above-entitled 4 matter on May 19, 2011; 5 WHEREAS, on July 18, 2011, the Connecticut Laborers’ Pension Fund (the “Fund”) moved 6 the Court for an order appointing the Fund as Lead Plaintiff and approving its selection of counsel as 7 Lead Counsel; 8 9 10 WHEREAS, on September 12, 2011, the Court entered an order granting the Fund’s motion and appointing it as Lead Plaintiff; WHEREAS, on October 27, 2011, Lead Plaintiff filed an amended complaint for violation of 11 the federal securities laws (“Amended Complaint”) against Defendants Oclaro, Inc., Alain Couder, 12 and Jerry Turin; 13 WHEREAS, the Amended Complaint asserts claims under the federal securities laws that are 14 subject to the procedural requirements of the Private Securities Litigation Reform Act of 1995 15 (“Reform Act”), including those set forth in 15 U.S.C. § 78u-4; 16 17 WHEREAS, Defendants filed a motion to dismiss the Amended Complaint on December 12, 2011, triggering a stay of discovery under the Reform Act, 15 U.S.C. § 78u-4(b)(3)(B); 18 WHEREAS, on March 2, 2012, the Clerk issued notice that the Case Management 19 Conference, previously scheduled for March 23, 2012, was reset for April 27, 2012 and the Case 20 Management Statement was due April 20, 2012; 21 22 WHEREAS, the Court held a hearing on March 23, 2012 on the motion to dismiss the Amended Complaint; 23 WHEREAS, on March 27, 2012, the Court entered an order granting Defendants’ motion to 24 dismiss the Amended Complaint without prejudice and allowing Plaintiffs thirty (30) days to file an 25 amended complaint (“Second Amended Complaint”); 26 27 28 WHEREAS, under the current schedule, Plaintiffs have until April 26, 2012 to file the Second Amended Complaint; 1 STIPUTLATION AND [PROPOSED] ORDER SCHEDULING PLAINTIFFS’ FILING OF SECOND AMENDED COMPLAINT AND DEFENDANTS’ RESPONSE THERETO AND RESCHEDULING CASE MANAGEMENT CONFERENCE 1 WHEREAS, in order to avoid the unnecessary expenditure of judicial resources or effort by 2 the parties to this action and the Court prior to filing of the motion to dismiss, the parties to this 3 action have agreed, in the interim prior to the decision on the motion to dismiss and subject to the 4 Court’s approval, to the continuance of the Case Management Conference and all associated 5 obligations, including the filing of the Joint Case Management Statement; and 6 7 8 9 10 WHEREAS, this Stipulation and Order is without prejudice to, or waiver of, any rights, arguments, or defenses otherwise available to the parties to this action. NOW THEREFORE, the undersigned parties, by and through their counsel of record, stipulate as follows: 1. 11 12 Complaint; 2. 13 14 3. 4. Defendants shall file and serve any reply in support of their motion to dismiss the Second Amended Complaint on or before July 16, 2012; 5. 19 20 Plaintiffs shall file and serve any opposition to Defendants’ motion to dismiss the Second Amended Complaint on or before June 25, 2012; 17 18 Defendants shall file and serve any answer or other response on or before May 25, 2012; 15 16 Plaintiffs shall have until April 26, 2012 to file and serve the Second Amended 24 Oral argument on Defendants’ motion to dismiss will be held on August 17, 2012, or on such other date and time as the Court shall order; 6. The parties agree that discovery in the above-captioned action shall be stayed 21 pursuant to the Private Securities Litigation Reform Act, 15 U.S.C. § 78u-4(b)(3)(B), 22 until the Court issues an order resolving Defendants’ motion to dismiss the Second 23 Amended Complaint; 24 7. The Case Management Conference, currently scheduled for April 27, 2012, is hereby reset for September 28, 2012 at 9:00 a.m. adjourned to 30 days after the Court rules on Defendants' motion to dismiss. 8. The deadline for the Case Management Statement, currently due April 20, 2012, shall 25 26 27 28 be extended until one week prior to the rescheduled Case Management Conference. 2 STIPUTLATION AND [PROPOSED] ORDER SCHEDULING PLAINTIFFS’ FILING OF SECOND AMENDED COMPLAINT AND DEFENDANTS’ RESPONSE THERETO AND RESCHEDULING CASE MANAGEMENT CONFERENCE 1 DATED: April 19, 2012 2 ROBBINS GELLER RUDMAN & DOWD LLP ALSTON & BIRD LLP By: _/s/ Shawn A. Williams___ _ SHAWN A. WILLIAMS (Cal. State Bar No. 213113) Post Montgomery Center One Montgomery Street, Suite 1800 San Francisco, California 94104 Telephone: (415) 288-4545 Facsimile (415) 288-4534 shawnw@rgrdlaw.com By: _/s/ Gidon M. Caine___________ _ GIDON M. CAINE (Cal. State Bar No. 188110) 275 Middlefield Road Suite 150 Menlo Park, California 94025-4008 Telephone: (650) 838-2000 Facsimile: (650) 838-2001 gidon.caine@alston.com 3 4 5 6 7 8 9 10 11 12 13 14 and and JULIE A. KEARNS (Cal. State Bar No. 246949) 655 West Broadway, Suite 1900 San Diego, California 92101 Telephone: (619) 231-1058 Facsimile: (619) 231-7423 jkearns@rgrdlaw.com JESSICA P. CORLEY (pro hac vice) ELIZABETH P. SKOLA (pro hac vice) One Atlantic Center 1201 West Peachtree Street Atlanta, Georgia 30309-3424 Telephone: (404) 881-7000 Facsimile: (404) 881-7777 jessica.corley@alston.com elizabeth.skola@alston.com Counsel for Plaintiffs Counsel for Defendants Oclaro, Inc., Alain Couder, Jerry Turin, and James Haynes 15 16 SIGNATURE ATTESTATION 17 I am the ECF User whose identification and password are being used to file the foregoing 18 Stipulation and [Proposed] Order Rescheduling Case Management Conference. Pursuant to General 19 Order No. 45, Section X (B) regarding signatures, I, Gidon M. Caine, attest that concurrence in the 20 filing of this document has been obtained. 21 /S/ GIDON M. CAINE GIDON M. CAINE (CAL. STATE BAR NO. 188110) 23 25 NO 3 RT 28 Hon. Edward M. Chen United States District Court Judge . Chen dward M Judge E FO 27 D RDERE IS SO O FIED IT _________________________________ DI AS MO LI 26 April 20, 2012 DATED: ____________ UNIT ED S PURSUANT TO STIPULATION, IT IS SO ORDERED. RT U O 24 S DISTRICT TE C TA R NIA DATED: APRIL 19, 2012 STIPUTLATION AND [PROPOSED] ORDER SCHEDULING PLAINTIFFS’ FILING OF SECOND AMENDED COMPLAINT AND DEFENDANTS’ RESPONSE THERETO AND RESCHEDULING CASE MANAGEMENT CONFERENCE H ER A 22 N D F TO C

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