Rieckborn v. Velti plc et al

Filing 69

STIPULATION AND ORDER TO CONTINUE INITIAL CASE MANAGEMENT CONFERENCE AND RELATED DEADLINES re 68 STIPULATION WITH PROPOSED ORDER. Case Management Statement due by 12/30/2013. Further Case Management Conference continued to 1/7/2014 02:00 PM in Courtroom 2, 17th Floor, San Francisco. Signed by Judge William H. Orrick on 11/14/2013. (jmdS, COURT STAFF) (Filed on 11/14/2013)

BORIS FELDMAN, State Bar No. 128838
1 Email: [e-mail]
CYNTHIA DY, State Bar No. 172761
2 Email: [e-mail]
DIANE M. WALTERS, State Bar No. 148136
3 Email: [e-mail]
BROCK DAHL, State Bar No. 281202
4 Email: [e-mail]
WILSON SONSINI GOODRICH & ROSATI
5 Professional Corporation
650 Page Mill Road
6 Palo Alto, CA 94304-1050
Telephone: [phone]
7 Facsimile: [phone]
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Attorneys for Defendant Velti plc
UNITED STATES DISTRICT COURT

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NORTHERN DISTRICT OF CALIFORNIA

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SAN FRANCISCO DIVISION

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ANIKA R. RIECKBORN, Individually and on
13 Behalf of All Others Similarly Situated,
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Plaintiff,
v.

16 VELTI PLC, ALEX MOUKAS, WILSON W.
CHEUNG, and JEFFREY G. ROSS,
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Defendants.
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21 CHRIS VAFINIS, Individually and on Behalf of
All Other Persons Similarly Situated,
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Plaintiff,
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v.
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VELTI PLC, ALEX MOUKAS, WILSON W.
25 CHEUNG, and JEFFREY G. ROSS,
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Defendants.

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STIPULATION AND ORDER
TO CONTINUE INITIAL CMC,
Case No. 3:13-cv-3889-WHO

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CASE NO.: 3:13-cv-03889-WHO
STIPULATION AND ORDER TO
CONTINUE INITIAL CASE
MANAGEMENT CONFERENCE
AND RELATED DEADLINES
This Document Relates to:
Case No.: 3:13-cv-03889-WHO,
Rieckborn v. Velti plc, et al.

CASE NO.: 4:13-cv-03954-YGR

HAN LEE, Individually and On Behalf of All
1 Others Similarly Situated,
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Plaintiff,
v.

4 VELTI PLC, ALEX MOUKAS, WILSON W.
CHEUNG, and JEFFREY G. ROSS,
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Defendants.
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8 RAYMUND MANABAT, Individually and On
Behalf of All Others Similarly Situated,
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Plaintiff,
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v.
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VELTI PLC, ALEX MOUKAS, WILSON W.
12 CHEUNG, JEFFREY G. ROSS, WINNIE W.
TSO, CHRIS KASKAVELIS, DAVID W.
13 MANN, DAVID C. HOBLEY, JERRY
GOLDSTEIN, NICHOLAS P. NEGROPONTE,
14 JEFFERIES & COMPANY, INC., RBC
CAPITAL MARKETS, LLC, NEEDHAM &
15 COMPANY, LLC, CANACCORD GENUITY
INC., and THINKEQUITY LLC,
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Defendants.
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STIPULATION AND ORDER
TO CONTINUE INITIAL CMC,
Case No. 3:13-cv-3889-WHO

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CASE NO.: 3:13-cv-04140-SI

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CASE NO.: 3:13-cv-04606-JSC

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WHEREAS, on August 22, 2013, plaintiff Anika R. Rieckborn (“Plaintiff”) filed a “Class

2 Action Complaint for Violations of the Federal Securities Laws,” and the above-captioned
3 Rieckborn Action was assigned to this Court;
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WHEREAS, on August 26, 2013, plaintiff Chris Vafinis filed a “Class Action Complaint

5 for Violations of the Federal Securities Laws,” and the above-captioned Vafinis Action was
6 assigned to Judge Yvonne Gonzalez Rogers;
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WHEREAS, on September 6, 2013, plaintiff Han Lee filed a “Class Action Complaint for

8 Violations of the Federal Securities Laws,” and the above-captioned Lee Action was assigned to
9 Judge Susan Illston;
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WHEREAS, on October 4, 2013, plaintiff Raymund Manabat filed a “Class Action

11 Complaint for Violations of the Federal Securities Laws,” and the above-captioned Manabat
12 Action was assigned to Magistrate Judge Jacqueline Scott Corley;
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WHEREAS, on October 21, 2013, various movants filed motions to consolidate the

14 above-captioned Rieckborn, Vafinis, Lee, and Manabat Actions, to appoint a Lead Plaintiff
15 pursuant to the requirements of the Private Securities Litigation Reform Act of 1995 (the
16 “Reform Act”), and to approve the selection of Lead Counsel (the “Consolidation Motions”);
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WHEREAS, a hearing on the Consolidation Motions is scheduled before the Court on

18 November 27, 2013;
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WHEREAS, an Initial Case Management Conference in the above-captioned Rieckborn

20 Action is scheduled for November 26, 2013 at 2:00 p.m., and a Joint Case Management
21 Statement is due to be filed by November 19, 2013;

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WHEREAS, in light of the pending Consolidation Motions and the requirements of the

23 Reform Act, and to avoid unnecessary expenditure of judicial resources or effort by the parties
24 and the Court, counsel for Plaintiff and Defendant Velti have agreed, subject to approval of the
25 Court, that: (1) the November 26, 2013 Initial Case Management Conference (“CMC”) and
26 related CMC and ADR deadlines in the Rieckborn Action shall be adjourned pending a
27 determination on consolidation and the appointment of a Lead Plaintiff; and (2) Defendant need
28 STIPULATION AND ORDER
TO CONTINUE INITIAL CMC,
Case No. 3:13-cv-3889-WHO

1 not respond to the individual complaint in the Rieckborn Action, other than a consolidated
2 complaint or a complaint designated as the operative complaint after the appointment of a Lead
3 Plaintiff; and
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WHEREAS, the requested continuances are not for the purpose of delay and will not

5 prejudice any party.
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THEREFORE, IT IS HEREBY STIPULATED AND AGREED, by and between the

7 undersigned, subject to approval of the Court:
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1.

The November 26, 2013 Initial Case Management Conference and related CMC

9 and ADR deadlines in the Rieckborn Action are hereby adjourned, pending a determination on
10 consolidation and the appointment of a Lead Plaintiff, to such other date and time as this Court
11 shall order.
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2.

Defendant is not required to respond to the individual complaint in the Rieckborn

13 Action, other than a consolidated complaint or a complaint designated as the operative complaint
14 after the appointment of a Lead Plaintiff.
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Dated: November 13, 2013

Respectfully submitted,
WILSON SONSINI GOODRICH & ROSATI
Professional Corporation
650 Page Mill Road
Palo Alto, CA 94304
Telephone: [phone]
Facsimile: [phone]

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By: /s/

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Diane M. Walters
Diane M. Walters

Attorneys for Defendant Velti plc

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28 STIPULATION AND ORDER
TO CONTINUE INITIAL CMC,
Case No. 3:13-cv-3889-WHO

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Dated: November 13, 2013

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GLANCY BINKOW & GOLDBERG LLP
By: /s/

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Casey E. Sadler
Casey E. Sadler

Lionel Z. Glancy
Michael Goldberg
Robert V. Prongay
Casey E. Sadler
1925 Century Park East, Suite 2100
Los Angeles, CA 90067
Telephone: [phone]
Facsimile: [phone]
Email:
[e-mail]
[e-mail]
[e-mail]
[e-mail]
[e-mail]

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SCOTT+SCOTT LLP
Joseph P. Guglielmo
Donald A. Broggi
Joseph D. Cohen
The Chrysler Building
405 Lexington Avenue 40th Floor
New York, NY 10174
Telephone: [phone]
Facsimile: [phone]

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- and –

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David R. Scott
156 South Main Street, P.O. Box 192
Colchester, CT 06415
Telephone: [phone]
Facsimile: [phone]
[e-mail]

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LAW OFFICES OF HOWARD G. SMITH
Howard G. Smith
3070 Bristol Pike, Suite 112
Bensalem, PA 19020
Telephone: [phone]
Facsimile: [phone]

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Attorneys for Plaintiff Anika R. Rieckborn

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28 STIPULATION AND ORDER
TO CONTINUE INITIAL CMC,
Case No. 3:13-cv-3889-WHO

ORDER

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Upon stipulation of the parties, and good cause appearing:
IT IS SO ORDERED. The new setting for the Case Management Conference shall be
January 7, 2014 at 2:00 p.m.
Dated: November 14, 2013

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28 STIPULATION AND ORDER
TO CONTINUE INITIAL CMC,
Case No. 3:13-cv-3889-WHO

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The Honorable William H. Orrick
United States District Judge