Hubuschman v. Zuckerberg et al

Filing 23

ORDER REGARDING HEARING DATES. Plaintiff need not file an opposition to defendants' pending Motion for Stay until the date set pursuant to further court order adopting a revised briefing schedule. Signed by Judge Maxine M. Chesney on July 27, 2012. (mmclc1, COURT STAFF) (Filed on 7/27/2012) Modified on 7/27/2012 (mmclc1, COURT STAFF).

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1 ROBBINS UMEDA LLP 1 BRIAN J. ROBBINS (190264) 2 FELIPE J. ARROYO (163803) 2 SHANE P. SANDERS (237146) 3 GINA STASSI (261263) 600 B Street, Suite 1900 4 San Diego, CA 92101 4 Telephone: (619) 525-3990 5 Facsimile (619) 525-3991 5 6 brobbins@robbinsumeda.com 6 farroyo@robbinsumeda.com 7 ssanders@robbinsumeda.com 7 gstassi@robbinsumeda.com 8 8 Counsel for Plaintiff Hal Hubuschman 9 UNITED STATES DISTRICT COURT 9 10 NORTHERN DISTRICT OF CALIFORNIA SAN FRANCISCO DIVISION 11 10 ) 12 HAL HUBUSCHMAN, Derivatively on 11 ) Behalf of FACEBOOK, INC., 13 ) 12 ) Plaintiff, 14 ) 13 ) v. 15 ) 14 ) 16 MARK ZUCKERBERG, DAVID A. EBERSMAN, SHERYL K. SANDBERG, ) 15 17 DAVID M. SPILLANE, PETER A. THIEL, ) ) 16 JAMES W. BREYER, MARC L. 18 ANDREESSEN, DONALD E. GRAHAM, ) ) 19 REED HASTINGS, ERSKINE B. 17 ) BOWLES, and DOES 1-25, Inclusive, ) 20 18 ) Defendants, 21 ) 19 ) -and22 ) 20 FACEBOOK, INC., a Delaware corporation, ) 23 ) 21 24 ) Nominal Defendant. ) 22 25 ) Case No. 3:12-cv-03366-MMC STIPULATION AND [PROPOSED] ORDER REGARDING HEARING DATES Judge: Honorable Maxine M. Chesney 23 26 27 24 28 STIPULATION AND [PROPOSED] ORDER 25 REGARDING HEARING DATES Case No. 3:12-cv-03366-MMC WHEREAS the Hubuschman Action1 was originally filed in the Superior Court of 1 2 California, San Mateo County (the "State Court") on June 28, 2012, and the Cole Action2 was 3 originally filed in the State Court on May 31, 2012 (collectively, the "Derivative Actions"); 4 WHEREAS on June 28, 2012, Defendants3 removed the Derivative Actions to this Court; 5 WHEREAS on July 13, 2012, Defendants filed Motions for Stay of Proceedings Pending 6 7 Decision on Transfer by the Judicial Panel on Multidistrict Litigation (the "Stay Motions") in the 8 Derivative Actions, and the hearings on the Stay Motions are set for August 17, 2012, at 9:00 9 a.m.; 10 11 12 WHEREAS plaintiffs Hal Hubuschman and William Cole ("Plaintiffs") believe that removal of the Derivative Actions was improper and will timely file motions to remand the Derivative Actions to State Court (the "Remand Motions") on or before August 1, 2012, in 13 14 accordance with 28 U.S.C. ยง1447(c); WHEREAS Plaintiffs intend to notice the Remand Motions for a September 7, 2012 15 16 hearing date; 17 18 WHEREAS in light of the above, the parties shortly will agree to briefing schedules for the Stay Motions and the Remand Motions which they will submit to the Court. 19 WHEREAS the parties to the Derivative Actions have not previously requested an 20 21 22 extension of any deadlines to file briefs in opposition to or in support of the Stay Motions; 1 "Hubuschman Action" refers to the action captioned Hubuschman v. Zuckerberg, et al., Case No. 12-cv-03366-MMC. 23 24 25 2 "Cole Action" refers to the action captioned Cole v. Zuckerberg, et al., Case No. 12-cv-03367MMC. 3 "Defendants" refers to: Nominal defendant Facebook, Inc., Mark Zuckerberg, David A. 26 Ebersman, Sheryl K. Sandberg, David M. Spillane, Peter A. Thiel, James W. Breyer, Marc L. Andreessen, Donald E. Graham, Reed Hastings, and Erskine B. Bowles. 27 28 STIPULATION AND [PROPOSED] ORDER REGARDING HEARING DATES 1 Case No. 3:12-cv-03366-MMC 1 WHEREAS nothing in this stipulation prevents any party from seeking further extensions 2 on the consent of the other parties or from the Court; 3 WHEREAS in light of the agreement to re-notice the hearing on the Stay Motions, 4 Plaintiffs' obligation to file oppositions to the Stay Motions, otherwise due on July 27, 2012, is 5 6 held in abeyance until the parties submit their agreed briefing schedule; and WHEREAS in the event that the Court determines not to enter an order consistent with 7 8 9 this stipulation, Defendants agree that, in view of Plaintiffs' reliance on this stipulation and proposed order, Defendants shall not assert in any motion, brief, or proceeding that Plaintiffs 10 failed timely to file their briefs in opposition to the Stay Motions. In that event, the parties to the 11 Derivative Actions shall meet and confer regarding an alternative scheduling stipulation 12 consistent with the Court's determination. 13 Respectfully submitted, 14 Dated: July 26, 2012 ROBBINS UMEDA LLP BRIAN J. ROBBINS FELIPE J. ARROYO SHANE P SANDERS GINA STASSI 15 16 17 18 /s/Shane P. Sanders SHANE P. SANDERS 19 20 600 B Street, Suite 1900 San Diego, CA 92101 Telephone: (619) 525-3390 Facsimile: (619) 525-3391 21 22 23 Counsel for Plaintiffs Hal Hubuschman and William Cole 24 25 26 27 28 STIPULATION AND [PROPOSED] ORDER REGARDING HEARING DATES 2 Case No. 3:12-cv-03366-MMC 1 Dated: July 26, 2012 KIRKLAND & ELLIS LLP JAMES F. BASILE ELIZABETH L. DEELEY 2 3 /s/ James F. Basile JAMES F. BASILE 4 5 555 California Street San Francisco, CA 94104 Telephone: (415) 439-1400 Facsimile: (415) 439-1500 6 7 8 KIRKLAND & ELLIS LLP ANDREW B. CLUBOK ) BRANT W. BISHOP, P.C. 601 Lexington Avenue New York, NY 10022 Telephone: (212) 446-4800 Facsimile: (212) 446-4900 9 10 11 12 WILLKIE FARR & GALLAGHER LLP RICHARD D. BERNSTEIN 1875 K Street, N.W. Washington, D.C. 20006-1238 Telephone: (202) 303-1000 Facsimile: (202) 303-2000 13 14 15 16 WILLKIE FARR & GALLAGHER LLP TODD COSENZA 787 Seventh Avenue New York, N.Y. 10019-6099, U.S.A. Telephone: (212) 728-8000 Facsimile: (212) 728-8111 17 18 19 20 Counsel for Mark Zuckerberg, David A. Ebersman, Sheryl K. Sandberg, David M. Spillane, Peter A. Thiel, James W. Breyer, Marc L. Andreessen, Donald E. Graham, Reed Hastings, Erskine B. Bowles and Facebook, Inc. 21 22 23 24 I, Shane P. Sanders, am the ECF user whose ID and password are being used to file this STIPULATION AND [PROPOSED] ORDER REGARDING HEARING DATES. In compliance 26 with General Order 45, X.B., I hereby attest that James F. Basile has concurred in this filing. 25 27 28 STIPULATION AND [PROPOSED] ORDER REGARDING HEARING DATES 3 Case No. 3:12-cv-03366-MMC * * * ORDER * * * 1 2 PURSUANT TO STIPULATION, IT IS SO ORDERED. Plaintiff need not file an opposition to defendants' pending Motion for Stay until the date set pursuant to further court order adopting 3 a revised briefing schedule. 4 _______________________ July 27, 2012 DATED 5 _______________________________________ HONORABLE MAXINE M. CHESNEY U.S. DISTRICT JUDGE 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 STIPULATION AND [PROPOSED] ORDER REGARDING HEARING DATES 4 Case No. 3:12-cv-03366-MMC

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