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

Filing 93

STIPULATION AND ORDER re 92 STIPULATION WITH PROPOSED ORDER to Continue Hearing on Plaintiffs' Motion for Preliminary Approval of Class Action Settlement filed by Lewis Booth, Stephen Drews. Signed by Judge Jon S. Tigar on April 17, 2015. (wsn, COURT STAFF) (Filed on 4/17/2015)

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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:
[phone]
Facsimile:
[phone]
Email: [e-mail]
Email: [e-mail]
Email: [e-mail]
(Additional Counsel on Signature Page)

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Attorneys for Plaintiffs Lewis Booth
and Stephen Drews

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UNITED STATES DISTRICT COURT
NORTHERN DISTRICT OF CALIFORNIA

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LEWIS BOOTH, as Trustee for the Booth Trust
dated 11-20-96, and STEPHEN DREWS, on
behalf of themselves and all others similarly
situated,

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Plaintiffs,
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,

CASE NO: 13-CV-04921-JST
STIPULATION AND [PROPOSED] ORDER TO
CONTINUE HEARING ON PLAINTIFFS’
MOTION FOR PRELIMINARY APPROVAL
OF CLASS ACTION SETTLEMENT
Judge: Jon S. Tigar
Courtroom: 9
Date: May 7, 2015
Time: 2:00 p.m.

Defendants.

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STIPULATION AND [PROPOSED] ORDER TO CONTINUE HEARING ON PLAINTIFFS’
MOTION FOR PRELIMINARY APPROVAL OF CLASS ACTION SETTLEMENT
CASE NO: 13-CV-04921-JST

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Plaintiffs Stephen Drews and Lewis Booth (as Trustee for the Booth Trust dated 11-20-96) and

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all Defendants in this action—namely, Strategic Realty Trust, Inc. (“SRT”), Thompson National

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Properties, LLC (“TNP”), TNP Strategic Advisor, LLC (“TNP Advisor”), TNP Securities, LLC (“TNP

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Securities”), Anthony W. Thompson, Christopher S. Cameron, James R. Wolford, Jack R. Maurer,

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Phillip I. Levin, Arthur M. Friedman, Jeffrey S. Rogers, Robert N. Ruth, and Peter K. Kompaniez

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(“Defendants”)—by and through their respective counsel, hereby stipulate, subject to the Court’s

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approval, to continue the date of the hearing on Plaintiff’s Motion for Preliminary Approval of Class

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Settlement from May 7, 2015 at 2:00 p.m., to May 14, 2015 at 2:00 p.m.:

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WHEREAS, Plaintiffs filed the above-captioned putative class action against Defendants,

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asserting claims for violations of the federal Securities Act, breach of fiduciary duty, negligence and

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unjust enrichment;

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WHEREAS, the parties reached an agreement on the terms of a proposed settlement on January

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16, 2015, after a mediation and continued negotiations before the Honorable Edward Infante (Ret.);

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WHEREAS, on March 27, 2015, Plaintiffs filed a Motion for Preliminary Approval of Class

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Action Settlement and noticed the hearing for May 7, 2015;
WHEREAS, Defendants filed a statement of non-opposition to Plaintiffs’ Motion for Preliminary

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Approval of Class Settlement on April 8, 2015;
WHEREAS, Plaintiffs’ lead counsel, Daniel C. Girard, was responsible for negotiating the terms

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of the settlement and preparing the moving papers in support of preliminary approval;

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WHEREAS, Mr. Girard is also scheduled to argue a contested motion for class certification in a

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matter pending in the San Jose division of the Northern District of California on May 7, 2015 at 2:00

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p.m.;

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WHEREAS, counsel for the parties have conferred are available for the preliminary approval
hearing in this matter on May 14, 2015 at 2:00 p.m.;
IT IS HEREBY STIPULATED AND AGREED, by and between the undersigned counsel for
Plaintiffs and Defendants, and upon order by the Court that:
For the reason set forth above, the parties respectfully request that the May 7, 2015 hearing date
on Plaintiffs’ Motion for Preliminary Approval of Class Action Settlement be continued to May 14,
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STIPULATION AND [PROPOSED] ORDER TO CONTINUE HEARING ON PLAINTIFFS’
MOTION FOR PRELIMINARY APPROVAL OF CLASS ACTION SETTLEMENT
CASE NO: 13-CV-04921-JST

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2015, subject to this Court’s availability.

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Dated: April 17, 2015
DLA PIPER LLP (US)
/s/ David Priebe
David Priebe
2000 University Avenue
East Palo Alto, CA 94303-2214
[e-mail]
Phone: [phone]
Fax: [phone]

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David Clarke, Jr.
[e-mail]
500 Eighth Street, NW
Washington, DC 20004
Phone: [phone]
Fax: [phone]
Attorneys for Defendants 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
ORRICK, HERRINGTON & SUTCLIFF LLP
/s/ James N. Kramer
James N. Kramer
M. Todd Scott
The Orrick Building
405 Howard Street
San Francisco, CA 94105-2669
Telephone: [phone]
Facsimile: [phone]
Email: [e-mail]
Email: [e-mail]
Irvine, CA 92618

Respectfully Submitted,
GIRARD GIBBS LLP
/s/ Daniel C. Girard
Daniel C. Girard
Dena C. Sharp
Adam E. Polk
601 California Street, 14th Floor
San Francisco, California 94108
Telephone: [phone]
Facsimile: [phone]
Email: [e-mail]
Email: [e-mail]
Email: [e-mail]
Lead Counsel for Plaintiffs
Joseph C. Peiffer (pro hac vice)
PEIFFER ROSCA WOLF
ABDULLAH CARR & KANE
201 St. Charles Avenue, Suite 4160
New Orleans, Louisiana 70710
Telephone: [phone]
Facsimile: [phone]
Email: [e-mail]
Alan L. Rosca (pro hac vice)
PEIFFER ROSCA WOLF
ABDULLAH CARR & KANE
526 Superior Avenue, Suite 1255
Cleveland, Ohio 44114
Telephone: [phone]
Facsimile: [phone]
Email: [e-mail]
Additional Plaintiffs’ Counsel

Attorney for Christopher S. Cameron, James R.
Wolford, and Jack R. Maurer
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STIPULATION AND [PROPOSED] ORDER TO CONTINUE HEARING ON PLAINTIFFS’
MOTION FOR PRELIMINARY APPROVAL OF CLASS ACTION SETTLEMENT
CASE NO: 13-CV-04921-JST

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STRAGGAS & ASSOCIATES

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/s/ George D. Straggas
George D. Straggas

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8911 Research Drive
Irvine, CA 92618
Telephone: [phone]
Fax: [phone]
Email: [e-mail]

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Attorney for Defendants Thompson National
Properties, LLC, TNP Strategic Advisor, LLC, TNP
Securities, LLC, and Anthony W. Thompson

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ECF CERTIFICATION
I, Daniel C. Girard, am the ECF User whose ID and Password are being used to file this

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Stipulation and [Proposed] Order to Continue Hearing on Plaintiffs’ Motion for Preliminary Approval of

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Class Action Settlement. In compliance with Local Rule 5-1(i)(3), I hereby attest that all other

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signatories listed have concurred in this filing.

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Dated: April 16, 2015

GIRARD GIBBS LLP

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By:

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Daniel C. Girard

/s/ Daniel C. Girard

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[PROPOSED] ORDER

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The above Stipulation of the parties having been considered by the Court and good cause

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appearing therefore, the Court hereby orders that:
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The May 7, 2015 hearing date on Plaintiff’s Motion for Preliminary Approval of Class

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Action Settlement is continued to May 14, 2015 at 2:00 p.m.

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PURUSANT TO STIPULATION, IT IS SO ORDERED.

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Dated: April 17, 2015

_________________________________
The Honorable Jon. S. Tigar
UNITED STATES DISTRICT JUDGE

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STIPULATION AND [PROPOSED] ORDER TO CONTINUE HEARING ON PLAINTIFFS’
MOTION FOR PRELIMINARY APPROVAL OF CLASS ACTION SETTLEMENT
CASE NO: 13-CV-04921-JST