IRA for the Benefit lof Karl Graulich v. Pincus et al

Filing 41

ORDER GRANTING (37 in 3:12-cv-04327-JSW) STIPULATION Consolidating Related Shareholder Derivative Actions and Deferring Defendants' Deadlines to Respond. Signed by Judge JEFFREY S. WHITE on 12/3/12. (jjoS, COURT STAFF) (Filed on 12/3/2012)

Case3:12-cv-04327-JSW Document37 Filed11/27/12 Page1 of 8

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JORDAN ETH (Bar No. 121617)
Email: [e-mail]
ANNA ERICKSON WHITE (Bar No. 161385)
Email: [e-mail]
PHILIP T. BESIROF (Bar No. 185053)
Email: [e-mail]
MARK R.S. FOSTER (Bar No. 223682)
Email: [e-mail]
MORRISON & FOERSTER LLP
425 Market Street
San Francisco, California 94105-2482
Telephone:
415.268.7000
Facsimile:
415.268.7522
Attorneys for Defendants MARK PINCUS, DAVID M.
WEHNER, JOHN SCHAPPERT, MARK VRANESH,
REGINALD D. DAVIS, CADIR B. LEE, WILLIAM
GORDON, REID HOFFMAN, JEFFREY KATZENBERG,
STANLEY J. MERESMAN, SUNIL PAUL, ELLEN F.
SIMINOFF, OWEN VAN NATTA, and Nominal Defendant
ZYNGA INC.

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UNITED STATES DISTRICT COURT
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NORTHERN DISTRICT OF CALIFORNIA
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IRA for the Benefit of KARL GRAULICH,
derivatively on behalf of ZYNGA INC.,
Plaintiff,

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v.

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MARK PINCUS, JOHN SCHAPPERT,
WILLIAM GORDON, REID HOFFMAN,
JEFFREY KATZENBERG, STANLEY J.
MERESMAN, SUNIL PAUL, OWEN VAN
NATTA, MARK VRANESH, DAVID M.
WEHNER, REGINALD D. DAVIS, and CADIR
B. LEE,

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12-CV-4327-JSW

STIPULATON AND [PROPOSED]
ORDER CONSOLIDATING
RELATED SHAREHOLDER
DERIVATIVE ACTIONS AND
DEFERRING DEFENDANTS’
DEADLINES TO RESPOND
Judge:
Hon. Jeffrey S. White
Complaint Filed: Aug 16, 2012
Trial Date:
None Set

Defendants,

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Case No.

and
ZYNGA INC.,
Nominal Defendant.
[Caption continues on following page.]

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STIPULATION AND [PROPOSED] ORDER CONSOLIDATING CASES AND DEFERRING RESPONSES
Case No. 12-cv-4330-JSW
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Case3:12-cv-04327-JSW Document37 Filed11/27/12 Page2 of 8

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MARC ALBIN, derivatively on behalf of
ZYNGA INC.,

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Case No.

12-CV-4330-JSW

RELATED CASE
Plaintiff,

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v.
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MARK PINCUS, CADIR LEE, REID
HOFFMAN, OWEN VAN NATTA, DAVID M.
WEHNER, MARK VRANESH, JOHN
SCHAPPERT, REGINALD D. DAVIS,
WILLIAM GORDON, JEFFREY
KATZENBERG, STANLEY J. MERESMAN,
SUNIL PAUL, and JEFF KARP,

Judge:
Hon. Jeffrey S. White
Complaint Filed: Aug. 16, 2012
Trial Date:
None Set

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Defendants,
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and
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ZYNGA INC., a Delaware corporation,
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Nominal Defendant
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STACEY BARRON, derivatively on Behalf of
ZYNGA INC.,

Case No.

12-CV-4547-JSW

RELATED CASE
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Plaintiff,
-againstMARK PINCUS, DAVID M. WEHNER, MARK
VRANESH, CADIR LEE, REGINALD D.
DAVIS, JEFF KARP, WILLIAM GORDON,
OWEN VAN NATTA, JEFFREY
KATZENBERG, STANELY J. MERESMAN,
SUNIL PAUL, and JOHN SCHAPPERT,

Judge:
Hon. Jeffrey S. White
Complaint Filed: Aug. 30, 2012
Trial Date:
None Set

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Defendants.
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-and21
ZYNGA INC.,
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Nominal Defendant.
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STIPULATION AND [PROPOSED] ORDER CONSOLIDATING CASES AND DEFERRING RESPONSES
12-cv-4330-JSW
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Case3:12-cv-04327-JSW Document37 Filed11/27/12 Page3 of 8

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JEANNA WEBER, derivatively on Behalf of
ZYNGA INC.,

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Case No.

12-CV-4684-JSW

RELATED CASE
Plaintiff,

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-against4
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MARK PINCUS, WILLIAM GORDON, REID
HOFFMAN, JEFFREY KATZENBERG,
STANLEY J. MERESMAN, SUNIL PAUL,
ELLEN F. SIMINOFF, OWEN VAN NATTA,
JOHN SCHAPPERT, MARK VRANESH,
DAVID M. WEHNER, REGINALD D. DAVIS,
and CADIR B. LEE,

Judge:
Hon. Jeffrey S. White
Complaint Filed: Sept. 7, 2012
Trial Date:
None Set

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Defendants.
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-and10
ZYNGA INC.,
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Nominal Defendant.
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STIPULATION AND [PROPOSED] ORDER CONSOLIDATING CASES AND DEFERRING RESPONSES
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All parties in the above-captioned actions, through their undersigned counsel, hereby

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submit this Stipulation and [Proposed] Order consolidating related shareholder derivative actions

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and deferring Defendants’ deadlines to respond to the complaints.

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RECITALS

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A.

Between August 16 and September 7, 2012, the following four shareholder

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derivative actions (the “Derivative Actions”) were filed in this Court alleging claims on behalf of

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Zynga Inc. (“Zynga”) and certain of Zynga’s current and former directors, officers, and

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executives.

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1.

IRA of Graulich v. Pincus, et al., 12-CV-4327-JSW (filed Aug. 16, 2012)

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2.

Albin v. Pincus, et al., 12-CV-4330-JSW (filed Aug. 16, 2012)

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3.

Barron v. Pincus, et al., 12-CV-4547-JSW (filed Aug. 30, 2012)

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4.

Weber v. Pincus, et al., 12-CV-4684-JSW (filed Sept. 7, 2012)

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B.

On November 9, 2012, the Court related the Derivative Actions to each other and

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to various securities class actions. (ECF No. 34)

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C.

The parties believe that the Derivative Actions should be consolidated pursuant to

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Federal Rule of Civil Procedure 42(a) because they share common questions of law and fact and

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substantially the same parties, events, and claims.

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D.

The parties further believe that consolidation of the Derivative Actions would

serve the interests of judicial economy and avoid the potential for conflicting rulings.

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E.

Competing motions have been filed for the appointment of lead Plaintiff’s counsel

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and the Establishment of Leadership Structure for Derivative Actions. A hearing for those

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competing motions has been set for February 15, 2013, pursuant to a scheduling order issued on

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November 9, 2012. (ECF No. 35.)

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THEREFORE, IT IS HEREBY STIPULATED AND AGREED AS FOLLOWS:
I.

CONSOLIDATION
1.

The parties agree that the following Derivative Actions should be consolidated for

all purposes, including pre-trial proceedings and trial:

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STIPULATION AND [PROPOSED] ORDER CONSOLIDATING CASES AND DEFERRING RESPONSES
Case No. 12-cv-4330-JSW
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Case3:12-cv-04327-JSW Document37 Filed11/27/12 Page5 of 8

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ABBREVIATED CASE NAME

CASE NUMBER

DATE FILED

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IRA of Graulich v. Pincus, et al.
Albin v. Pincus, et al.
Barron v. Pincus, et al.
Weber v. Pincus, et al.

12-CV-4327-JSW
12-CV-4330-JSW
12-CV-4547-JSW
12-CV-4684-JSW

Aug. 16, 2012
Aug. 16, 2012
Aug. 30, 2012
Sept. 7, 2012

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2.

Every pleading filed in the consolidated action, or in any separate action included

herein, shall bear the following caption:

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UNITED STATES DISTRICT COURT

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NORTHERN DISTRICT OF CALIFORNIA

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IN RE ZYNGA INC. DERIVATIVE
LITIGATION

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This Document Relates To:
All Actions.

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3.

) DERIVATIVE ACTION
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) Lead Case No. 12-CV-4327-JSW
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) Consolidated with Case No.
) 12-CV-4330-JSW
) 12-CV-4547-JSW
) 12-CV-4684-JSW
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)
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The files of the consolidated action shall be maintained in one file under Lead

Case No. 12-CV-4327-JSW.

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4.

This Order shall apply to each derivative case, arising out of the same or

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substantially the same transactions or events as these cases, which is subsequently filed in or

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deemed related to the existing Related Actions.

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II.

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RESPONSE DEADLINE DEFERRED
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Defendants shall have no obligation to answer or otherwise respond to any of the

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complaints filed in the Derivative Actions or any subsequently related action until after the Court

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appoints lead counsel for the consolidated the Derivative Actions.

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STIPULATION AND [PROPOSED] ORDER CONSOLIDATING CASES AND DEFERRING RESPONSES
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6.

Defendants will meet and confer with the court-appointed lead counsel within

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fourteen days after the Court makes its appointment to discuss a schedule for the filing of a

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consolidated amended complaint and Defendants’ responses.

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IT IS SO STIPULATED.

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Dated: November 27, 2012

JORDAN ETH
ANNA ERICKSON WHITE
PHILIP T. BESIROF
MARK R.S. FOSTER
MORRISON & FOERSTER LLP

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By:
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Attorneys for Defendants MARK PINCUS,
DAVID M. WEHNER, JOHN SCHAPPERT,
MARK VRANESH, REGINALD D. DAVIS,
CADIR B. LEE, WILLIAM GORDON, REID
HOFFMAN, JEFFREY KATZENBERG,
STANLEY J. MERESMAN, SUNIL PAUL,
ELLEN F. SIMINOFF, OWEN VAN
NATTA, and Nominal Defendant ZYNGA
INC.

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/s/ Anna Erickson White
ANNA ERICKSON WHITE

ALAN R. PLUTZIK
BRAMSON, PLUTZIK, MAHLER, &
BIRKHAEUSER LLP

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By:

/s/ Alan R. Plutzik
ALAN R. PLUTZIK
Attorneys for Plaintiff IRA for the Benefit of
Karl Graulich

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STIPULATION AND [PROPOSED] ORDER CONSOLIDATING CASES AND DEFERRING RESPONSES
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Case3:12-cv-04327-JSW Document37 Filed11/27/12 Page7 of 8

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BRIAN J. ROBBINS
FELIPE J. ARROYO
SHANE P. SANDERS
KEVIN S. KIM
ROBBINS UMEDA LLP
By: /s/ Shane P. Sanders
SHANE P. SANDERS
Attorneys for Plaintiff Marc Albin

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PAUL R. HUFF
NIELSON | HUFF LLP

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and

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MICHAEL I. FISTEL JR.
MARSHALL P. DEES
HOLZER HOLZER & FISTEL LLP

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By:
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/s/ Paul R. Huff
PAUL R. HUFF
Attorneys for Plaintiff Stacey Barron

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BRIAN J. BARRY
LAW OFFICE OF BRIAN BARRY

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and

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JOSEPH E. WHITE, III
JONATHAN M. STEIN
SAXENA WHITE P.A.

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By: /s/ Brian J. Barry
BRIAN J. BARRY
Attorneys for Plaintiff Jeanna Weber
[PROPOSED] ORDER

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Pursuant to the parties’ Stipulation, it is SO ORDERED.
December 3,
Dated: November, ___2012
By:
THE HONORABLE JEFFREY S. WHITE
United States District Judge

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STIPULATION AND [PROPOSED] ORDER CONSOLIDATING CASES AND DEFERRING RESPONSES
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