Booth et al v. Strategic Realty Trust, Inc. et al

Filing 86

STIPULATION AND ORDER re 85 STIPULATION WITH PROPOSED ORDER Suspending Deadlines in Light of Proposed Settlement filed by Lewis Booth, Stephen Drews. Signed by Judge Jon S. Tigar on January 21, 2015. (wsn, COURT STAFF) (Filed on 1/21/2015)

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7 Daniel C. Girard (State Bar No. 114826) Dena C. Sharp (State Bar No. 245869) Adam E. Polk (State Bar No. 273000) GIRARD GIBBS LLP 601 California Street, 14th Floor San Francisco, California 94108 Telephone: (415) 981-4800 Facsimile: (415) 981-4846 Email: dcg@girardgibbs.com Email: chc@girardgibbs.com Email: aep@girardgibbs.com 8 (Additional Counsel on Signature Page) 1 2 3 4 5 6 9 10 Attorneys for Plaintiffs Lewis Booth and Stephen Drews 11 UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF CALIFORNIA 12 13 14 15 16 LEWIS BOOTH, as Trustee for the Booth Trust dated 11-20-96, and STEPHEN DREWS, on behalf of themselves and all others similarly situated, 17 Plaintiffs, CASE NO: 13-CV-04921-JST STIPULATION AND [PROPOSED] ORDER SUSPENDING DEADLINES IN LIGHT OF PROPOSED SETTLEMENT 18 19 20 21 22 23 24 25 26 v. STRATEGIC REALTY TRUST, INC. (f/k/a TNP STRATEGIC RETAIL TRUST, INC.), THOMPSON NATIONAL PROPERTIES, LLC, TNP STRATEGIC ADVISOR, LLC, TNP SECURITIES, LLC, ANTHONY W. THOMPSON, CHRISTOPHER S. CAMERON, JAMES R. WOLFORD, JACK R. MAURER, PHILLIP I. LEVIN, ARTHUR M. FRIEDMAN, JEFFREY S. ROGERS, ROBERT N. RUTH, and PETER K. KOMPANIEZ Defendants. 27 28 STIPULATION AND [PROPOSED] ORDER SUSPENDING DEADLINES CASE NO: 13-CV-04921-JST 1 WHEREAS, on January 16, 2015, following a December 15, 2014 mediation before Hon. 2 Edward A. Infante (Ret.), Lead Plaintiffs Lewis Booth as Trustee for the Booth Trust dated 11-20-96 3 and Stephen Drews (“Plaintiffs”), and Defendants in this action (Strategic Realty Trust, Inc., Anthony 4 W. Thompson, Thompson National Properties, LLC, TNP Strategic Advisor, LLC and TNP Securities, 5 LLC, Phillip I. Levin, Arthur M. Friedman, Jeffrey S. Rogers, Robert N. Ruth, Peter K. Kompaniez, 6 James R. Wolford, and Jack R. Maurer (“Defendants”)), reached a settlement in principle of all of the 7 claims of the putative class against the Defendants, subject to the Court’s approval; 8 9 10 WHEREAS, counsel for Plaintiffs and Defendants are preparing formal documentation of the settlement including a motion for preliminary approval of the settlement to submit to the Court; WHEREAS, to allow the parties sufficient time to document their settlement, all parties to this 11 litigation respectfully request the Court’s approval of an Order suspending for 60 days all deadlines set 12 forth in the operative Scheduling Order (Dkt. No. 73); 13 14 15 NOW, THEREFORE, THE PARTIES HEREBY STIPULATE AND REQUEST THAT THE COURT ORDER THAT: 1. All pending deadlines set forth in the operative Scheduling Order (Dkt. No. 73) are 16 suspended for a 60 day period, pending submission to the Court of formal documentation of the 17 settlement and a motion for preliminary approval of the settlement. 18 19 Dated: January 20, 2015 Respectfully submitted, 20 21 22 23 24 25 26 27 28 GIRARD GIBBS LLP /s/ Dena C. Sharp Dena C. Sharp Daniel C. Girard Adam E. Polk 601 California Street, 14th Floor San Francisco, California 94108 Telephone: (415) 981-4800 Facsimile: (415) 981-4846 Email: chc@girardgibbs.com Email: dcg@girardgibbs.com Email: aep@girardgibbs.com 1 STIPULATION AND [PROPOSED] ORDER SUSPENDING DEADLINES CASE NO: 13-CV-04921-JST -and- 1 John A. Kehoe 711 Third Avenue, 20th Floor New York, New York 10017 Telephone: (212) 798-0159 Facsimile: (212) 867-1767 Email: jak@girardgibbs.com 2 3 4 5 6 Lead Counsel for Lead Plaintiffs and the Class 7 Peiffer Rosca Abdullah & Carr Joseph C. Peiffer (pro hac vice) 201 St. Charles Avenue, Suite 4100 New Orleans, Louisiana 70170 Telephone: (504) 523-2434 Facsimile: (504) 523-2464 Email: jpeiffer@praclawfirm.com 8 9 10 11 15 Alan L. Rosca (pro hac vice) 526 Superior Avenue, Suite 401 Cleveland, Ohio 44114 Telephone: (888) 998-0520 Facsimile: (504) 586-5250 Email: arosca@praclawfirm.com 16 Additional Plaintiffs’ Counsel 12 13 14 17 18 19 Dated: January 20, 2015 DLA PIPER LLP (US) /s/ David Priebe David Priebe 20 21 22 23 24 25 26 2000 University Avenue East Palo Alto, CA 94303-2214 Telephone: (650) 833-2000 Facsimile: (650) 833-2001 Email: david.priebe@dlapiper.com Counsel for Strategic Realty Trust, Inc. (f/k/a TNP Strategic Retail Trust, Inc.), Phillip I. Levin, Arthur M. Friedman, Jeffrey S. Rogers, Robert N. Ruth, and Peter K. Kompaniez 27 28 2 STIPULATION AND [PROPOSED] ORDER SUSPENDING DEADLINES CASE NO: 13-CV-04921-JST 1 Dated: January 20, 2015 ORRICK, HERRINGTON & SUTCLIFFE LLP /s/ James N. Kramer James N. Kramer 2 3 M. Todd Scott The Orrick Building 405 Howard Street San Francisco, CA 94105-2669 Telephone: (415) 773-5700 Facsimile: (415) 773-5759 Email: jkramer@orrick.com Email: tscott@orrick.com 4 5 6 7 8 9 Counsel for Christopher S. Cameron, James R. Wolford, and Jack R. Maurer 10 11 Dated: January 20, 2015 STRAGGAS & ASSOCIATES 12 /s/ George D. Straggas George D. Straggas 13 14 8911 Research Drive Irvine, CA 92618 Telephone: (949) 660-9100 Facsimile: (949) 660-9144 15 16 17 Counsel for Thompson National Properties, LLC, TNP Strategic Advisor, LLC, TNP Securities, LLC, and Anthony W. Thompson 18 19 20 S J u d ge J o ER H 28 RT 27 NO 26 _______________________________________ JON S. TIGAR United States District gar Ti Judge n S. FO 25 DATED: January 21, 2015 D RDERE OO IT IS S LI 24 UNIT ED 23 RT U O 22 S DISTRICT TE C TA R NIA PURSUANT TO STIPULATION, IT IS SO ORDERED. A 21 N F D IS T IC T O R 3 STIPULATION AND [PROPOSED] ORDER SUSPENDING DEADLINES CASE NO: 13-CV-04921-JST C 1 CERTIFICATE OF SERVICE 2 I, Dena C. Sharp, hereby certify that on January 20, 2015, I caused the foregoing document to be 3 filed electronically with the United States District Court for the Northern District of California’s through 4 the Court’s mandated ECF service. Counsel of record are required by the Court to be registered e-filers, 5 and as such are automatically e-served with a copy of the document upon confirmation of e-filing. 6 I declare under penalty of perjury that the foregoing is true and correct. 7 Executed this 20th day of January 2015 at San Francisco, California. 8 /s/ Dena C. Sharp 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 4 STIPULATION AND [PROPOSED] ORDER SUSPENDING DEADLINES CASE NO: 13-CV-04921-JST

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