Stopa v. Clontz et al

Filing 42

STIPULATION AND ORDER Continuing Case Management Conference. Case Management Statement due by 8/16/2013. Case Management Conference set for 8/23/2013 10:00 AM in Courtroom 1, 17th Floor, San Francisco. Signed by Judge Samuel Conti on 06/12/2013. (tmi, COURT STAFF) (Filed on 6/13/2013)

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1 2 3 4 5 6 7 8 9 KEVIN P. MUCK (CSB No. 120918) kmuck@fenwick.com CATHERINE KEVANE (CSB No. 215501) ckevane@fenwick.com MARIE C. BAFUS (CSB No. 258417) mbafus@fenwick.com FENWICK & WEST LLP 555 California Street, 12th Floor San Francisco, CA 94104 Telephone: (415) 875-2300 Facsimile: (415) 281-1350 Attorneys for Defendants Steven Clontz, Gary Hromadko, Scott Kriens, William Luby, Irving Lyons, III, Christopher Paisley, Stephen Smith, Peter Van Camp and nominal defendant Equinix, Inc. 10 UNITED STATES DISTRICT COURT 11 NORTHERN DISTRICT OF CALIFORNIA ATTORNEYS AT LAW SAN FRANCISCO F ENWICK & W EST LLP 12 13 14 JOSEPH STOPA, derivatively on behalf of Nominal Defendant, EQUINIX, INC., Derivative Action 15 16 17 18 19 Case No. 11-CV-02467-SC Plaintiff, vs. STEVEN CLONTZ, GARY HROMADKO, SCOTT KRIENS, WILLIAM LUBY, IRVING LYONS, III, CHRISTOPHER PAISLEY, STEPHEN SMITH, PETER VAN CAMP, 20 STIPULATION AND [PROPOSED] ORDER CONTINUING CASE MANAGEMENT CONFERENCE Defendants. 21 and 22 EQUINIX, INC., 23 Nominal Defendant. 24 25 26 27 28 STIP. AND [PROPOSED] ORDER CONTINUING CMC CASE NO. 11-CV-02467-SC 1 This stipulation is entered into by and among plaintiff Joseph Stopa (“Plaintiff”) and 2 defendants Steven Clontz, Gary Hromadko, Scott Kriens, William Luby, Irving Lyons, III, 3 Christopher Paisley, Stephen Smith, Peter Van Camp and nominal defendant Equinix, Inc. 4 (collectively, “Defendants”), by and through their respective attorneys of record; 5 WHEREAS, presently pending before this Court is Plaintiff’s putative shareholder 6 derivative action against certain officers and directors of Equinix, Inc. (“Equinix” or the 7 “Company”) and against nominal defendant Equinix; 8 WHEREAS, this action has been deemed related to a putative shareholder class action No. 11-CV-01016-SC (N.D. Cal.) (“Cement Masons”), which is currently pending in this Court 11 against Equinix and certain officers and directors under the Private Securities Litigation Reform 12 ATTORNEYS AT LAW SAN FRANCISCO complaint, entitled Cement Masons & Plasterers Joint Pension Trust v. Equinix, Inc., et al., Case 10 F ENWICK & W EST LLP 9 Act (“PSLRA”); 13 WHEREAS, plaintiff in the Cement Masons case filed a Third Amended Complaint for 14 Violation of the Federal Securities Laws (“Third Amended Class Action Complaint”) on January 15 15, 2013; 16 WHEREAS, on June 4, 2013, the Court notified the parties in Cement Masons that 17 defendants’ motion to dismiss the Cement Masons Third Amended Class Action Complaint 18 would be decided on the papers without oral argument; 19 20 21 22 23 WHEREAS, the Court has not yet issued an order on defendants’ motion to dismiss in Cement Masons; WHEREAS, the operative complaint in this action is an Amended Complaint filed on December 14, 2011; WHEREAS, pursuant to stipulation of the parties, the Court has entered an order on 24 January 7, 2013, temporarily staying proceedings in this action pending a ruling on the motion to 25 dismiss in Cement Masons; 26 WHEREAS, pursuant to this Court’s order, Defendants have no obligation to move, plead 27 or otherwise respond to Plaintiffs’ Amended Complaint until after this Court rules on defendants’ 28 motion to dismiss the Cement Masons Third Amended Class Action Complaint; STIP. AND [PROPOSED] ORDER CONTINUING CMC 1 CASE NO. 11-CV-02467-SC 1 WHEREAS, because the Court has not yet issued an order on defendants’ motion to 2 dismiss the Cement Masons’ Third Amended Class Action Complaint, this case currently remains 3 stayed and Defendants have not yet responded to the Amended Complaint herein; 4 WHEREAS, a Case Management Conference is currently set for June 21, 2013; 5 WHEREAS, in light of the status of this action, the parties believe that a Case 6 Management Conference at this point would serve no purpose and would result in the needless 7 expenditure of private and judicial resources, and that the Case Management Conference in this 8 action should be continued; 9 WHEREAS, the parties have conferred with the Court and have been informed that 10 August 23, 2013, at 10:00 a.m. is a convenient date for the Case Management Conference; 11 ATTORNEYS AT LAW SAN FRANCISCO F ENWICK & W EST LLP 12 IT IS ACCORDINGLY STIPULATED, by and between the undersigned counsel for the parties, that: 13 14 1. The Case Management Conference presently scheduled for June 21, 2013 is continued to August 23, 2013, at 10:00 a.m. 15 2. The parties will file a Joint Case Management Conference Statement seven (7) 16 days prior to the Case Management Conference. 17 /// 18 /// 19 /// 20 /// 21 /// 22 /// 23 /// 24 /// 25 /// 26 /// 27 /// 28 /// STIP. AND [PROPOSED] ORDER CONTINUING CMC 2 CASE NO. 11-CV-02467-SC 1 Dated: June 11, 2013 FENWICK & WEST LLP 2 /s/ Marie Bafus Marie Bafus By: 3 FENWICK & WEST, LLP 4 Attorneys for Defendants Steven Clontz, Gary Hromadko, Scott Kriens, William Luby, Irving Lyons, III, Christopher Paisley, Stephen Smith, Peter Van Camp and nominal defendant Equinix, Inc. 5 6 7 8 GREEN& NOBLIN, P.C. Dated: June 11, 2013 9 /s/ Robert S. Green Robert S. Green By: 10 GREEN & NOBLIN, P.C. 11 FEDERMAN & SHERWOOD Attorneys for Plaintiff Joseph Stopa 13 14 15 Pursuant to Civil Local Rule 5-1(i)(3), all of the signatories concur in the filing of this stipulation. [PROPOSED] ORDER 16 17 Pursuant to the foregoing stipulation, it is hereby ordered that: 18 1. The parties will file a Joint Case Management Conference Statement seven (7) days prior to the Case Management Conference. 23 06/12/2013 Dated: __________________________ ____________________________________ The Honorable Samuel Conti NO 24 onti amuel C Judge S RT 25 A H ER 26 R NIA 22 ISTRIC ES D TC AT T RT U O S 21 2. FO 20 continued to August 23, 2013, at 10:00 a.m. LI 19 The Case Management Conference presently scheduled for June 21, 2013 is UNIT ED ATTORNEYS AT LAW SAN FRANCISCO F ENWICK & W EST LLP 12 N F D IS T IC T O R C 27 28 STIP. AND [PROPOSED] ORDER CONTINUING CMC 3 CASE NO. 11-CV-02467-SC

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