Brado v. Vocera Communications Inc et al

Filing 38

STIPULATION AND ORDER RESETTING CMC re 36 by John B. Grotting, Martin J. Silver, Brian D. Ascher, William R. Zerella, Vocera Communications Inc, Robert J. Zollars, Jeffrey H. Hillebrand, Howard E. Janzen, Donald F. Wood, Hany M. Nada, John N. McMullen, Brent D. Lang Case Management Statement due by 1/16/2014. Case Management Conference set for 1/23/2014 09:00 AM in Courtroom 5, 17th Floor, San Francisco.. Signed by Judge Edward M. Chen on 9/23/13. (bpf, COURT STAFF) (Filed on 9/23/2013)

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ATTO RNEY S AT LAW
SAN FRA NCI SCO

F ENWICK & W ES T LLP

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SUSAN S. MUCK (CSB NO. 126930)
[e-mail]
CATHERINE KEVANE (CSB NO. 215501)
[e-mail]
JENNIFER BRETAN (CSB NO. 233475)
[e-mail]
FENWICK & WEST LLP
555 California Street, 12th Floor
San Francisco, California 94104
Telephone:
[phone]
Facsimile:
[phone]
RONNIE SOLOMON (CSB NO. 284923)
[e-mail]
Silicon Valley Center, 801 California Street
Mountain View, California 94041
Phone: [phone]
Fax: [phone]
Attorneys for Defendants Vocera Communications,
Inc., Robert J. Zollars, Brent D. Lang, Martin J. Silver,
William R. Zerella, Brian D. Ascher, John B. Grotting,
Jeffrey H. Hillebrand, Howard E. Janzen, John N.
McMullen, Hany M. Nada, and Donald F. Wood

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UNITED STATES DISTRICT COURT

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NORTHERN DISTRICT OF CALIFORNIA

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SAN FRANCISCO DIVISION

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MICHAEL BRADO, Individually and on Behalf
of All Others Similarly Situated,
Plaintiff,
vs.
VOCERA COMMUNICATIONS, INC.,
ROBERT J. ZOLLARS, BRENT D. LANG,
MARTIN J. SILVER, WILLIAM R. ZERELLA,
BRIAN D. ASCHER, JOHN B. GROTTING,
JEFFREY H. HILLEBRAND, HOWARD E.
JANZEN, JOHN N. MCMULLEN, HANY M.
NADA, DONALD F. WOOD, J.P. MORGAN
SECURITIES LLC, PIPER JAFFRAY & CO.,
ROBERT W. BAIRD & CO. INCORPORATED,
WILLIAM BLAIR & COMPANY, L.L.C.,
WELLS FARGO SECURITIES, LLC, and
LEERINK SWANN LLC,

Case No. CV 13-03567 EMC
STIPULATION AND [PROPOSED]
ORDER CONTINUING CASE
MANAGEMENT CONFERENCES
Judge: The Honorable Edward M. Chen
Date Action Filed: August 1, 2013

Defendants.

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STIPULATION AND [PROPOSED] ORDER
CONTINUING CASE MANAGEMENT
CONFERENCE

CASE NO. CV 13-03567 EMC
CASE NO. CV 13-03872 EMC

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DALE DUNCAN, Individually and on Behalf of
All Others Similarly Situated,

Case No. CV 13-03872 EMC
Judge: The Honorable Edward M. Chen

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Plaintiff,

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vs.

Date Action Filed: August 21, 2013
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VOCERA COMMUNICATIONS, INC.,
ROBERT J. ZOLLARS, BRENT D. LANG,
MARTIN J. SILVER, WILLIAM R. ZERELLA,
BRIAN D. ASCHER, JOHN B. GROTTING,
JEFFREY H. HILLEBRAND, HOWARD E.
JANZEN, JOHN N. MCMULLEN, HANY M.
NADA, DONALD F. WOOD, J.P. MORGAN
SECURITIES LLC, PIPER JAFFRAY & CO.,
ROBERT W. BAIRD & CO. INCORPORATED,
WILLIAM BLAIR & COMPANY, L.L.C.,
WELLS FARGO SECURITIES, LLC, and
LEERINK SWANN LLC,

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Defendants.
ATTO RNEY S AT LAW
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F ENWICK & W ES T LLP

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STIPULATION AND [PROPOSED] ORDER
CONTINUING CASE MANAGEMENT
CONFERENCE

CASE NO. CV 13-03567 EMC
CASE NO. CV 13-03872 EMC

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WHEREAS, the above-captioned actions, Brado v. Vocera Communications, Inc. et al.,

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Case No. CV-13-03567 EMC, filed on August 1, 2013 (“Brado”) and Duncan v. Vocera

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Communications, Inc. et al., Case No. CV-13-03872 EMC, filed on August 21, 2013 (“Duncan”)

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(together, the “Securities Actions”), are proposed class actions alleging violations of the federal

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securities laws against Vocera Communications, Inc., (“Vocera” or the “Company”), certain

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individual officers and directors of the Company, and certain investment banks that served as

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underwriters in connection with the Company’s initial public offering, (collectively,

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“Defendants”); and

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WHEREAS, on August 1, 2013, this Court issued an Order Setting Initial Case

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Management Conference And ADR Deadlines (Dkt. No. 2) in Brado, the first-filed action, setting

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the following deadlines:

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F ENWICK & W ES T LLP

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1.

October 10, 2013 for the parties to comply with certain requirements under the

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Federal Rules of Civil Procedure and the Northern District of California Civil

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Local Rules (“Local Rules” or “Civil L.R.”) and Alternative Dispute Resolution

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(“ADR”) Local Rules regarding discovery, early settlement, and the ADR Multi-

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Option Program; and

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2.

October 24, 2013 for the parties to file a Rule 26(f) Report, complete initial

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disclosures or state objection in Rule 26(f) Report and file a Joint Case

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Management Statement; and

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3.

October 31, 2013 at 9:00 a.m. for an initial case management conference; and

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WHEREAS, on September 17, 2013, the Court issued an Order deeming the Securities

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Actions “related cases” within the meaning of Northern District of California Civil Local Rule

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(“Civil L.R.”) 3-12 and ordering that the case management deadlines in the reassigned case be

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rescheduled (Dkts. 33, 34);

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WHEREAS, the Securities Actions are subject to the requirements of the Private

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Securities Litigation Reform Act of 1995, Pub.L. No. 104-67, 109 Stat. 737 (1995) (the “Reform

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Act”), which sets forth specialized procedures for the administration of securities class actions;

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and
STIPULATION AND [PROPOSED] ORDER
CONTINUING CASE MANAGEMENT
CONFERENCE

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CASE NO. CV 13-03567 EMC
CASE NO. CV 13-03872 EMC

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WHEREAS, the Reform Act provides for the appointment of a lead plaintiff to act on
behalf of the purported class following consolidation (15 U.S.C. §78u-4(a)(3)(B)(ii)); and

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WHEREAS, on September 30, 2013, motions for consolidation and for appointment of

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lead plaintiff in the consolidated action are expected to be filed (“Lead Plaintiff Motions”); and

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WHEREAS, the process for approval of lead counsel will follow the Court’s
determination on lead plaintiff; and
WHEREAS, thereafter, the parties expect the Court to set a schedule for a consolidated
complaint to be filed; and
WHEREAS, defendants anticipate filing motion(s) to dismiss in response to the

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consolidated complaint and that the parties will submit a briefing schedule to the Court in

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connection with any such motion(s); and

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F ENWICK & W ES T LLP

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WHEREAS, pursuant to the Reform Act, unless otherwise ordered by the Court,

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discovery in this action is stayed during the pendency of any motion to dismiss (15 U.S.C. § 78u-

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4(b)(3)(B)); and

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WHEREAS, counsel for the plaintiffs and defendants in the above-captioned actions

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respectfully submit that good cause exists to vacate the existing October 31, 2013 initial case

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management conference and associated ADR deadlines until such time as the Court has the

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opportunity to rule on the appointment of lead plaintiff and approval of lead counsel.

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IT IS ACCORDINGLY STIPULATED, pursuant to Civil L.R. 7-12, by and between the
undersigned counsel for the parties, that:
i.

Pursuant to Civil L.R. 16-2, the Initial Case Management Conference scheduled

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for October 31, 2013 be vacated, along with any associated deadlines under the

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Federal Rules of Civil Procedure and Local Rules, to be rescheduled for a date that

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is either 30 days after the filing of the consolidated complaint or 30 days after the

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Court rules on defendants’ anticipated motion(s) to dismiss the consolidated

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complaint, as the Court shall determine to be appropriate; and

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ii.

that all associated ADR Multi-Option Program deadlines likewise be deferred; and

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STIPULATION AND [PROPOSED] ORDER
CONTINUING CASE MANAGEMENT
CONFERENCE

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CASE NO. CV 13-03567 EMC
CASE NO. CV 13-03872 EMC

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iii.

that any case management conference and associated deadlines being rescheduled

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by the Court in the recently related Duncan matter, Case No. CV-13-03872 EMC,

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be similarly scheduled in light of the foregoing.

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Dated: September 19, 2013

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By: /s/ Jennifer C. Bretan
Jennifer C. Bretan, Esq.

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555 California Street, 12th Floor
San Francisco, California 94104
Telephone: [phone]
Facsimile: [phone]

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Attorneys for Vocera Communications, Inc., Robert J.
Zollars, Brent D. Lang, Martin J. Silver, William R.
Zerella, Brian D. Ascher, John B. Grotting, Jeffrey H.
Hillebrand, Howard E. Janzen, John N. McMullen,
Hany M. Nada, and Donald F. Wood

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F ENWICK & W ES T LLP

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Dated: September 19, 2013

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HOGAN LOVELLS US LLP
By: /s/ Norman J. Blears
Norman J. Blears, Esq.

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525 University Avenue, 4th Floor
Palo Alto, CA 94301
Phone: [phone]
Fax: [phone]

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Attorneys for Defendants J.P. Morgan Securities LLC,
Piper Jaffray & Co., Robert W. Baird & Co.
Incorporated, William Blair & Company, L.L.C., Wells
Fargo Securities, LLC, and Leerink Swann LLC

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FENWICK & WEST LLP

Dated: September 19, 2013

SCOTT+SCOTT, ATTORNEYS AT LAW, LLP
By: /s/ Hal Cunningham
Hal Cunningham, Esq.

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1925 Century Park East, Suite 2100
Los Angeles, CA 90067
Phone: [phone]
Fax: [phone]

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Attorneys for Plaintiff Michael Brado

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STIPULATION AND [PROPOSED] ORDER
CONTINUING CASE MANAGEMENT
CONFERENCE

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CASE NO. CV 13-03567 EMC
CASE NO. CV 13-03872 EMC

Dated: September 19, 2013

GLANCY BINKOW& GOLDBERG LLP

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By: /s/ Robert Prongay
Robert Prongay, Esq.

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1925 Century Park East, Suite 2100
Los Angeles, CA 90067
Phone: [phone]
Fax: [phone]

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Attorneys for Plaintiff Dale Duncan

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Pursuant to Pursuant to Civil Local Rule 5-1(i)(3), all signatories concur in filing this stipulation.
Dated: September 19, 2013

By: /s/ Jennifer C. Bretan
Jennifer C. Bretan

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***
[PROPOSED] ORDER

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PURSUANT TO STIPULATION, IT IS SO ORDERED. The CMC is reset for 1/23/14
9/23/13

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S DISTRICT
Chen
TE Hon. EdwardCM.Court Judge
A United States District
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Dated:

UNIT
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at 9:00 a.m. A joint CMC Statement
shall be filed by 1/16/14.

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STIPULATION AND [PROPOSED] ORDER
CONTINUING CASE MANAGEMENT
CONFERENCE

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CASE NO. CV 13-03567 EMC
CASE NO. CV 13-03872 EMC