Cassiman v. Petersen et al

Filing 14

STIPULATION AND ORDER CONSOLIDATING ACTIONS AND RELATED MATTERS. Signed by Judge Richard Seeborg on 1/14/13. (cl, COURT STAFF) (Filed on 1/14/2013)

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1 ROBBINS ARROYO LLP BRIAN J. ROBBINS (190264) 2 brobbins@robbinsarroyo.com GEORGE C. AGUILAR (126535) 3 gaguilar@robbinsarroyo.com LAUREN N. OCHENDUSZKO (274227) 4 lochenduszko@robbinsarroyo.com 600 B Street, Suite 1900 5 San Diego, CA 92101 Telephone: (619) 525-3990 6 Facsimile: (619) 525- 3991 7 Proposed Co-Lead Counsel and Counsel for Plaintiffs Ian Cassiman and Clair Vanderschaaf 8 9 [Additional Counsel on Signature Page] 10 UNITED STATES DISTRICT COURT 11 NORTHERN DISTRICT OF CALIFORNIA 12 SAN FRANCISCO DIVISION 13 14 15 16 17 18 19 20 21 22 IAN CASSIMAN, Derivatively on Behalf of OCZ TECHNOLOGY GROUP, INC., Plaintiff, v. RYAN M. PETERSEN, ARTHUR F. KNAPP, JR., RALPH H. SCHMITT, ADAM J. EPSTEIN, RICHARD L. HUNTER, and RUSSELL J. KNITTEL, Defendants, -andOCZ TECHNOLOGY GROUP, INC., a Delaware corporation, Nominal Defendant. ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) Case No.: C-12-05556-RS STIPULATION CONSOLIDATING ACTIONS AND RELATED MATTERS AND [PROPOSED] ORDER THEREON Judge: Hon. Richard Seeborg 23 [Caption Continued on the Next Page] 24 25 26 27 28 STIPULATION CONSOLIDATING ACTIONS & RELATED MATTERS & [PROPOSED] ORDER THEREON CASE NO. C-12-05556-RS 1 2 CLAIR VANDERSCHAAF, Derivatively on Behalf of OCZ TECHNOLOGY GROUP, INC., 3 4 5 6 Plaintiff, v. RYAN M. PETERSEN, ARTHUR F. KNAPP, JR., RALPH H. SCHMITT, ADAM J. EPSTEIN, RICHARD L. HUNTER, and RUSSELL J. KNITTEL, 7 8 9 Defendants, -andOCZ TECHNOLOGY GROUP, INC., a Delaware corporation, 10 Nominal Defendant. 11 12 13 14 15 16 17 18 19 20 21 ROBERT L. MORTON, Derivatively on Behalf of OCZ TECHNOLOGY GROUP, ING. Plaintiff, v. RALPH H. SCHMITT, ADAM J. EPSTEIN, RICHARD L. HUNTER, RUSSELL J. KNITTEL, RYAN M. PETERSEN and ARTHUR F. KNAPP, JR., Defendants, -andOCZ TECHNOLOGY GROUP, INC., a Delaware corporation, Nominal Party. ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) Case No.: C-12-06058-RS Judge: Hon. Richard Seeborg Case No.: C-12-06343-RS Judge: Hon. Richard Seeborg 22 23 24 25 26 27 28 STIPULATION CONSOLIDATING ACTIONS & RELATED MATTERS & [PROPOSED] ORDER THEREON CASE NO. C-12-05556-RS 1 WHEREAS, there are presently three related shareholder derivative actions against 2 certain of the officers and directors of OCZ Technology Group, Inc. ("OCZ") on file in this 3 Court; 4 WHEREAS, in an effort to assure consistent rulings and decisions and the avoidance of 5 unnecessary duplication of effort, counsel for plaintiffs as well as counsel for defendants in the 6 related OCZ shareholder derivative actions currently on file in this Court enter into this 7 stipulation. The counsel are: (1) Robbins Arroyo LLP on behalf of plaintiffs Ian Cassiman and 8 Clair Vanderschaaf; (2) Robbins Geller Rudman & Dowd LLP on behalf of plaintiff Robert L. 9 Morton; (3) and Wilson Sonsini Goodrich & Rosati on behalf of defendants Arthur F. Knapp, Jr., 10 Ralph H. Schmitt, Adam J. Epstein, Richard L. Hunter, Russell J. Knittel, and nominal defendant 11 OCZ; 12 WHEREAS, the parties have met and conferred and agree that the actions should be 13 consolidated under Rule 42(a) of the Federal Rules of Civil Procedure and that consolidation of 14 the actions will promote judicial economy and preserve both public and private resources; and 15 WHEREAS, plaintiffs and defendants agree that it would be duplicative and wasteful of 16 the Court's resources for defendants named in plaintiffs' shareholder derivative actions to have to 17 respond to the individual complaints prior to the agreed upon consolidation; 18 NOW THEREFORE, IT IS HEREBY STIPULATED AND AGREED by plaintiffs and 19 defendants, through their respective counsel of record, as follows: 20 1. The following actions are hereby related and consolidated for all purposes, 21 including pre-trial proceedings and trial: 22 Case Name Case Number Date Filed 23 Cassiman v. Petersen, et al. No. C-12-05556-RS October 29, 2012 24 25 Vanderschaaf v. Petersen, et al. No. C-12-06058-RS November 29, 2012 No. C-12-06343-RS December 14, 2012 Morton v. Schmitt, et al. 26 27 28 -1STIPULATION CONSOLIDATING ACTIONS & RELATED MATTERS & [PROPOSED] ORDER THEREON CASE NO. C-12-05556-RS 1 2. Every pleading filed in the consolidated action, or in any separate action included 2 herein, shall bear the following caption: 3 UNITED STATES DISTRICT COURT 4 NORTHERN DISTRICT OF CALIFORNIA 5 SAN FRANCISCO DIVISION 7 IN RE OCZ TECHNOLOGY GROUP, INC. SHAREHOLDER DERIVATIVE LITIGATION 8 This Document Relates To: 6 ALL ACTIONS 9 ) Lead Case No. C-12-05556-RS ) ) (Consolidated with Case Nos. C-12-06058) RS, C-12-06343-RS) ) ) ) ) 10 3. 11 The files of the consolidated action shall be maintained in one file under Master 12 File No. C-12-05556-RS. 4. 13 Defendants are not required to respond to the complaint in any action 14 consolidated into this action, other than a consolidated complaint or a complaint designated as 15 the operative complaint. 5. 16 Plaintiffs shall file a Consolidated Complaint ("Consolidated Complaint") by 17 January 25, 2013, unless otherwise agreed upon by the parties or ordered by the Court. The 18 Consolidated Complaint shall be the operative complaint and shall supersede all complaints filed 19 in any of the actions consolidated herein. Defendants shall respond to the Consolidated 20 Complaint within sixty days after service, unless otherwise agreed by the parties or ordered by 21 the Court. In the event that defendants file any motions directed at the Consolidated Complaint, 22 the opposition and reply briefs shall be filed within sixty and thirty days, respectively, of the 23 motions, unless otherwise agreed upon by the parties or ordered by the Court. Counsel agrees to 24 confer to select a hearing date. 6. 25 The Co-Lead Counsel for plaintiffs for the conduct of these consolidated actions 26 are: 27 28 -2STIPULATION CONSOLIDATING ACTIONS & RELATED MATTERS & [PROPOSED] ORDER THEREON CASE NO. C-12-05556-RS 1 3 ROBBINS ARROYO LLP 600 B Street, Suite 1900 San Diego, CA 92101 Telephone: (619) 525-3990 Facsimile: (619) 525-3991 4 and 5 ROBBINS GELLER RUDMAN & DOWD LLP Post Montgomery Center One Montgomery Street, Suite 1800 San Francisco, CA 94104 Telephone: (415) 288-4545 Facsimile: (415) 288-4534 2 6 7 8 9 7. Plaintiffs' Co-Lead Counsel shall have sole authority to speak for plaintiffs in 10 matters regarding pre-trial procedure, trial, and settlement and shall make all work assignments 11 in such manner as to facilitate the orderly and efficient prosecution of this litigation and to avoid 12 duplicative or unproductive effort. 13 8. Plaintiffs' Co-Lead Counsel shall be responsible for coordinating all activities and 14 appearances on behalf of plaintiffs. No motion, request for discovery, or other pre-trial or trial 15 proceedings shall be initiated or filed by any plaintiff except through plaintiffs' Co-Lead 16 Counsel. 17 9. Plaintiffs' Co-Lead Counsel shall be available and responsible for 18 communications to and from this Court, including distributing orders and other directions from 19 the Court to counsel. Plaintiffs' Co-Lead Counsel shall be responsible for creating and 20 maintaining a master service list of all parties and their respective counsel. 21 10. Defendants' counsel may rely upon all agreements made with plaintiffs' Co-Lead 22 Counsel, or other duly authorized representative of plaintiffs' Co-Lead Counsel, and such 23 agreements shall be binding on all plaintiffs. 24 11. Defendants' counsel signing this stipulation shall appear for and accept service on 25 behalf of all their clients who have not already been served. 26 12. Defendants take no position as to the appointment of Co-Lead Counsel. 27 28 -3STIPULATION CONSOLIDATING ACTIONS & RELATED MATTERS & [PROPOSED] ORDER THEREON CASE NO. C-12-05556-RS 1 13. This Order shall apply to each case, arising out of the same or substantially the 2 same transactions or events as these cases, which is subsequently filed in, remanded to or 3 transferred to this Court. 4 14. When a case which properly belongs as part of the In re OCZ Technology Group, 5 Inc. Shareholder Derivative Litigation, Lead Case No. C-12-05556-RS, is hereafter filed in the 6 Court or transferred here from another court, this Court requests the assistance of counsel in 7 calling to the attention of the clerk of the Court the filing or transfer of any case which might 8 properly be consolidated as part of the In re OCZ Technology Group, Inc. Shareholder 9 Derivative Litigation, Lead Case No. C-12-05556-RS, and Co-Lead Counsel are to assist in 10 assuring that counsel in subsequent actions receive notice of this Order. All such related 11 derivative actions that are subsequently filed in, or transferred to, this District shall be 12 consolidated into this action. 13 15. Pursuant to Fed. R. Civ. P. 5(b)(2)(E)-(F), service by e-mail transmission shall be 14 permitted in addition to service via ECF notification. For non-CM/ECF participants, service 15 shall be deemed effective upon transmission of the service e-mail. 16 17 18 Dated: January 8, 2013 ROBBINS ARROYO LLP BRIAN J. ROBBINS GEORGE C. AGUILAR LAUREN N. OCHENDUSZKO s/ George C. Aguilar GEORGE C. AGUILAR 19 20 21 22 23 24 25 600 B Street, Suite 1900 San Diego, CA 92101 Telephone: (619) 525-3990 Facsimile: (619) 525-3991 brobbins@robbinsarroyo.com gaguilar@robbinsarroyo.com lochenduszko@robbinsarroyo.com Proposed Co-Lead Counsel for Plaintiffs and Counsel for Plaintiffs Ian Cassiman and Clair Vanderschaaf 26 27 28 -4STIPULATION CONSOLIDATING ACTIONS & RELATED MATTERS & [PROPOSED] ORDER THEREON CASE NO. C-12-05556-RS 1 Dated: January 8, 2013 2 3 ROBBINS GELLER RUDMAN & DOWD LLP TRAVIS E. DOWNS III BENNY C. GOODMAN III ERIK W. LUEDEKE s/ Travis E. Downs III TRAVIS E. DOWNS III 4 5 655 West Broadway, Suite 1900 San Diego, CA 92101 Telephone: (619) 231-1058 Facsimile: (619) 231-7423 travisd@rgrdlaw.com bennyg@rgrdlaw.com eluedeke@rgrdlaw.com 6 7 8 9 ROBBINS GELLER RUDMAN & DOWD LLP SHAWN A. WILLIAMS Post Montgomery Center One Montgomery Street, Suite 1800 San Francisco, CA 94104 Telephone: (415) 288-4545 Facsimile: (415) 288-4534 shawnw@rgrdlaw.com 10 11 12 13 14 Proposed Co-Lead Counsel for Plaintiffs and Counsel for Plaintiff Robert L. Morton 15 19 LAW OFFICE OF ALFRED G. YATES, JR., P.C. ALFRED G. YATES, JR. 519 Allegheny Building 429 Forbes Avenue Pittsburgh, PA 15219 Telephone: (412) 391-5164 Facsimile: (415) 471-1033 20 Counsel for Plaintiff Robert L. Morton 16 17 18 21 22 Dated: January 8, 2013 WILSON SONSINI GOODRICH & ROSATI BORIS FELDMAN DIANE WALTERS 23 s/ Diane Walters DIANE WALTERS 24 25 26 27 28 650 Page Mill Road Palo Alto, CA 94304 Telephone: (650) 493-9300 Facsimile: (650) 493-6811 boris.feldman@wsgr.com -5STIPULATION CONSOLIDATING ACTIONS & RELATED MATTERS & [PROPOSED] ORDER THEREON CASE NO. C-12-05556-RS dwalters@wsgr.com 1 Counsel for defendants Arthur F. Knapp, Jr., Ralph H. Schmitt, Adam J. Epstein, Richard L. Hunter, Russell J. Knittel, and nominal defendant OCZ Technology Group, Inc. 2 3 4 5 I, George C. Aguilar, am the ECF User whose ID and password are being used to file this 6 Stipulation Consolidating Related Actions, Appointing Co-Lead Counsel and Related Matters 7 and [Proposed] Order Thereon. In compliance with General Order No. 45, X.B., I hereby attest 8 that Diane Walters and Travis E. Downs, III have concurred in this filing. 9 s/ George C. Aguilar_____ GEORGE C. AGUILAR 10 11 12 * * * 13 ORDER 14 PURSUANT TO STIPULATION, IT IS SO ORDERED. 15 16 17 1/14/13 DATED HONORABLE RICHARD SEEBORG UNITED STATES DISTRICT JUDGE 18 19 20 21 22 23 24 25 26 821795 27 28 -6STIPULATION CONSOLIDATING ACTIONS & RELATED MATTERS & [PROPOSED] ORDER THEREON CASE NO. C-12-05556-RS

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