Riccardi v. Lynch et al

Filing 299

ORDER denying 267 Motion to Vacate (crblc2, COURT STAFF) (Filed on 2/9/2015)

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IN THE UNITED STATES DISTRICT COURT

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FOR THE NORTHERN DISTRICT OF CALIFORNIA

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United States District Court
For the Northern District of California

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IN RE HEWLETT-PACKARD

No. 3:12-cv-06003-CRB

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COMPANY SHAREHOLDER

ORDER DENYING MOTION TO
VACATE AND VACATING HEARING

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DERIVATIVE LITIGATION

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THIS DOCUMENT RELATES TO:

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ALL ACTIONS
/

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The Court is in receipt of HP shareholder Morris Akerman’s motion for an order
vacating the order appointing derivative lead plaintiff and lead counsel and setting a briefing
schedule for the filing of new motions to appoint derivative lead plaintiff and lead counsel
(dkt. 265). Concurrently pending is a motion for preliminary approval of the Third Amended
and Restated Stipulation of Settlement (dkt. 277), on which the Court has yet to rule. In the
event Akerman believes the Settlement should not receive preliminary approval because of
what he alleges to be the inadequacy of lead counsel or otherwise, his objections should be
raised through the preliminary approval process.
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Accordingly, this motion is DENIED as premature and the hearing scheduled for
February 13, 2015, at 10:00 a.m. is VACATED.
IT IS SO ORDERED.

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Dated: February 9, 2015
CHARLES R. BREYER
UNITED STATES DISTRICT JUDGE

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United States District Court
For the Northern District of California

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