Albin v. Pincus et al

Filing 10

STIPULATION AND ORDER RE-SETTING CASE MANAGEMENT CONFERENCE. The Case Management Conference is continued to January 18, 2013. Signed by Judge Maxine M. Chesney on November 7, 2012. (mmclc2, COURT STAFF) (Filed on 11/7/2012)

1
2
3
4
5
6
7
8
9
10
11

JORDAN ETH (CA SBN 121617)
Email: [e-mail]
ANNA ERICKSON WHITE (CA SBN 161385)
Email: [e-mail]
PHILIP T. BESIROF (CA SBN 185053)
Email: [e-mail]
MARK R.S. FOSTER (CA SBN 223682)
Email: MFoster@ mofo.com
MORRISON & FOERSTER LLP
425 Market Street
San Francisco, California 94105-2482
Telephone: [phone]
Facsimile: 415.268.7522
Attorneys for Defendants
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, and Nominal Defendant, ZYNGA INC.

12
13

UNITED STATES DISTRICT COURT

14

NORTHERN DISTRICT OF CALIFORNIA

15
16
17

MARC ALBIN, Derivatively on Behalf of ZYNGA
INC.,
Plaintiff,

18
19
20
21
22

-againstMARK 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,

23
24
25
26

Case No. 12-cv-4330-MMC

Defendants.
-and-

STIPULATION AND [PROPOSED]
ORDER RE-SETTING CASE
MANAGEMENT CONFERENCE

Judge:
Case File:
Trial Date:

Hon. Maxine M. Chesney
Aug. 16, 2012
None Set

ZYNGA INC., a Delaware Corporation,
Nominal Defendant.

27
28
STIPULATION AND [PROPOSED] ORDER RE-SETTING CASE MANAGEMENT CONFERENCE
Case No. 12-cv-4330-MMC
sf-3214398

RECITALS

1
2

A.

On August 16, 2012, plaintiff Marc Albin (“Plaintiff”) commenced this action.

3

Plaintiff seeks to bring a shareholder derivative action on behalf of Zynga Inc. against defendants

4

Mark Pincus, Cadir Lee, Reid Hoffman, Owen Van Natta, David M. Wehner, Mark Vranesh,

5

John Schappert, Reginald D. Davis, William Gordon, Jeffrey Katzenberg, Stanley J. Meresman,

6

Sunil Paul, Jeff Karp, and nominal defendant Zynga Inc. (collectively, the “Defendants”), for

7

violations of applicable state laws, breaches of fiduciary duties, waste of corporate assets, and

8

unjust enrichment.

9

B.

On October 22, 2012, Plaintiff filed a Motion to Consolidate Related Class

10

Actions and Appoint Lead Counsel (Dkt. No. 5) (the “Consolidation Motion”) to consolidate the

11

following related actions (the “Related Actions”):
IRA for the Benefit of Karl Graulich v. Pincus, et al., 12-cv-04327-JSW (filed

12

1.

13

Aug. 16, 2012);

14

2.

Marc Albin v. Pincus, et al., 12-cv-04330-MMC (filed Aug. 16, 2012);

15

3.

Stacey Barron v. Pincus, et al., 12-cv-04547-DMR (filed Aug. 30, 2012);

17

4.

Jeanna Weber v. Pincus, et al., 12-cv-04684-WHA (filed Sept. 7, 2012);

18

C.

On November 5, 2012, the parties filed a Joint Administrative Motion to Relate

16

and

19

Shareholder Derivative Actions to Class Actions in the matter captioned In re Zynga Inc. Sec.

20

Litig., Lead Case No. 12-cv-04007-JSW (Dkt. No. 94) (the “Administrative Motion”). The

21

Administrative Motion, if granted, would result in the reassignment of the Related Actions,

22

including this action, to Judge Jeffrey White for all purposes.

23

D.

Counsel for the parties have met and conferred regarding scheduling of a case

24

management conference (“CMC”). To conserve party and judicial resources, the parties agree

25

that it would be prudent and beneficial to defer the CMC until after the Court’s ruling on the

26

Consolidation Motion.

27
28

THEREFORE, IT IS HEREBY STIPULATED AND AGREED, by and between Plaintiff
and Defendants, through their respective counsel herein, and subject to Court approval, as
STIPULATION AND [PROPOSED] ORDER RE-SETTING CASE MANAGEMENT CONFERENCE
Case No. 12-cv-4330-MMC
sf-3214398

1
2
3
4
5

follows:
1.

The CMC currently scheduled for November 16, 2012 shall be vacated pending

the Court’s ruling on the Consolidation Motion.
2.

Counsel for the parties shall meet and confer within fourteen days of the Court’s

ruling on the Consolidation Motion to propose a new CMC date.

6
7

IT IS SO STIPULATED.

8
9

Dated: November 6, 2012
MORRISON & FOERSTER LLP

10
11

By:

12

/s/ MARK R.S. FOSTER
MARK R.S. FOSTER
Attorneys for Defendants
ZYNGA INC., 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

13
14
15
16
17
18

ROBBINS UMEDA LLP

19
20
21

By:

/s/ SHANE P. SANDERS
SHANE P. SANDERS
Attorneys for Plaintiff Marc Albin

22
23
24
25
26
27
28
STIPULATION AND [PROPOSED] ORDER RE-SETTING CASE MANAGEMENT CONFERENCE
Case No. 12-cv-4330-MMC
sf-3214398

1
[PROPOSED] ORDER

2
3
4
5

Pursuant to stipulation, it is SO ORDERED.
The Case Management Conference currently set for November 16, 2012 is hereby CONTINUED
to January 18, 2013.

6

By:
THE HONORABLE MAXINE M. CHESNEY
United States District Judge

7
8

November 7,
Dated: _________________2012

9
10
11
ECF ATTESTATION

12
13
14
15
16

I, Mark R.S. Foster, am the ECF User whose ID and Password are being used to file this:
STIPULATION AND [PROPOSED] ORDER RE-SETTING
CASE MANAGEMENT CONFERENCE
In compliance with Civil Local Rule 5-1(i)(3), I hereby attest that Shane Sanders has
concurred in this filing.

17
18

Dated: November 6, 2012

MORRISON & FOERSTER LLP

19
20

By: /s/ MARK R.S. FOSTER

21
22
23
24
25
26
27
28
STIPULATION AND [PROPOSED] ORDER RE-SETTING CASE MANAGEMENT CONFERENCE
Case No. 12-cv-4330-MMC
sf-3214398