Hayes v. Magnachip Semiconductor Corp. et al

Filing 136

STIPULATION AND ORDER re 135 STIPULATION WITH PROPOSED ORDER STIPULATION AND [PROPOSED] ORDER AMENDING PLAINTIFFS PAGE LIMIT FOR THEIR OPPOSITIONS TO DEFENDANTS MOTIONS TO DISMISS THE THIRD AMENDED COMPLAINT filed by Keith Thomas, Herb Smith, Richard Hayes. Signed by Judge Jon S. Tigar on September 21, 2015. (wsn, COURT STAFF) (Filed on 9/21/2015)

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POMERANTZ LLP
Marc I. Gross
Jeremy A. Lieberman
Michael J. Wernke
600 Third Avenue, 20th Floor
New York, New York 10016
Telephone: [phone]
Facsimile: [phone]
Email: [e-mail]
[e-mail]
[e-mail]

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Lead Counsel for Plaintiffs

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GLANCY PRONGAY & MURRAY LLP
Lionel Z. Glancy (CSB# 134180)
Robert V. Prongay (CSB# 270796)
1925 Century Park East, Suite 2100
Los Angeles, California 90067
Telephone: [phone]
Facsimile: [phone]
E-mail: [e-mail]
[e-mail]
[e-mail]
Liaison Counsel for Plaintiffs
UNITED STATES DISTRICT COURT
NORTHERN DISTRICT OF CALIFORNIA
KEITH THOMAS, RICHARD HAYES, HERB
SMITH, and OKLAHOMA POLICE PENSION &
RETIREMENT SYSTEM,
Plaintiffs,
v.
MAGNACHIP SEMICONDUCTOR CORP. SANG
PARK, TAE YOUNG HWANG, MARGARET
SAKAI, R. DOUGLAS NORBY, ILBOK LEE,
NADER TAVAKOLI, RANDAL KLEIN,
MICHAEL ELKINS, AVENUE CAPITAL
MANAGEMENT II, L.P., BARCLAYS CAPITAL
INC., DEUTSCHE BANK SECURITIES INC.,
CITIGROUP GLOBAL MARKETS INC., UBS
SECURITIES LLC and NEEDHAM & COMPANY,
LLC,
Defendants.

CASE NO.: 3:14-cv-01160-JST
STIPULATION AND [PROPOSED]
ORDER AMENDING PLAINTIFFS’
PAGE LIMIT FOR THEIR
OPPOSITIONS TO DEFENDANTS’
MOTIONS TO DISMISS THE THIRD
AMENDED COMPLAINT

STIPULATION AND [PROPOSED] ORDER AMENDING PLAINTIFFS’ PAGE LIMIT FOR THEIR OPPOSITION TO
DEFENDANTS’ MOTIONS TO DISMISS THE THIRD AMENDED COMPLAINT

3:14-cv-01160-JST

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WHEREAS, pursuant to the Court’s May 7, 2015 Order Granting Defendants’

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Motion for Order Enlarging Time (the “May 7 Order”) and the Court’s June 15, 2015 Order Re

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Motion to Coordinate and Partially Consolidate a Related Action, Lead Plaintiff Keith Thomas

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and plaintiffs Richard Hayes, Herb Smith, and Oklahoma Police Pension & Retirement System

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(“Plaintiffs”) filed the Third Amended Complaint for Violations of the Federal Securities Laws

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on June 26, 2015;

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WHEREAS, pursuant to the May 7 Order, Defendants filed the following four
motions to dismiss on July 27, 2015:


Defendants MagnaChip Semiconductor Corp., R. Douglas Norby, and

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Ilbok Lee’s Motion to Dismiss Plaintiffs’ Third Amended Complaint and

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Memorandum of Points and Authorities in Support Thereof;

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

Defendants Michael Elkins, Randal Klein, and Avenue Capital

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Management II. L.P.’s Motion to Dismiss Plaintiffs’ Third Amended

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Complaint and Memorandum of Points and Authorities in Support

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Thereof;

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

Defendant Nader Tavakoli’s Motion to Dismiss Plaintiffs’ Third Amended

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Complaint and Memorandum of Points and Authorities in Support

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Thereof; and

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

Underwriter Defendants’ Motion to Dismiss the Third Amended

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Complaint and Memorandum of Points and Authorities in Support Thereof

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WHEREAS, pursuant to the Court’s May 7 Order, Plaintiffs’ opposition briefs

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must be filed by September 25, 2015;
WHEREAS, pursuant to Local Civil Rule 7-3(a), Plaintiffs are permitted to file an
opposition brief of 25 pages to each of Defendants’ four motions for a total of 100 pages;
NOW, THEREFORE, it is hereby stipulated and agreed by the undersigned
counsel as follows:

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STIPULATION AND [PROPOSED] ORDER AMENDING PLAINTIFFS’ PAGE LIMIT FOR THEIR OPPOSITION TO
DEFENDANTS’ MOTIONS TO DISMISS THE THIRD AMENDED COMPLAINT

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3:14-cv-01160-JST

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1.

In lieu of filing four opposition briefs, Plaintiffs may file two briefs not to exceed

a total of seventy (70) pages.
Dated: September 21, 2015
POMERANTZ LLP

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/s/ Michael J. Wernke
Marc I. Gross
Jeremy A. Lieberman
Michael J. Wernke
600 Third Avenue, 20th Floor
New York, New York 10016
Telephone:
[phone]
Facsimile:
[phone]
Email: [e-mail]
[e-mail]
[e-mail]

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Lead Counsel for Plaintiffs

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THE ROSEN LAW FIRM, P.A.
Laurence M. Rosen, Esq. (CSB# 219683)
275 Madison Avenue, 34th Floor
New York, New York 10016
Telephone: [phone]
Fax:
[phone]
Email: [e-mail]

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Counsel for Plaintiffs

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GLANCY PRONGAY & MURRAY LLP
Lionel Z. Glancy (CSB# 134180)
Robert V. Prongay (CSB# 270796)
1925 Century Park East, Suite 2100
Los Angeles, CA 90067
Telephone: [phone]
Facsimile: [phone]
Email: [e-mail]

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Liaison Counsel for Plaintiffs

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ROBBINS GELLER RUDMAN & DOWD LLP
Dennis J. Herman (CSB# 220163)

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STIPULATION AND [PROPOSED] ORDER AMENDING PLAINTIFFS’ PAGE LIMIT FOR THEIR OPPOSITION TO
DEFENDANTS’ MOTIONS TO DISMISS THE THIRD AMENDED COMPLAINT

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3:14-cv-01160-JST

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Sunny S. Sarkis (CSB# 258073)
Post Montgomery Center
One Montgomery Street, Suite 1800
San Francisco, CA 94104
Telephone: [phone]
Facsimile: [phone]
[e-mail]
[e-mail]
Counsel for Plaintiff Oklahoma Police Pension &
Retirement System

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STIPULATION AND [PROPOSED] ORDER AMENDING PLAINTIFFS’ PAGE LIMIT FOR THEIR OPPOSITION TO
DEFENDANTS’ MOTIONS TO DISMISS THE THIRD AMENDED COMPLAINT

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3:14-cv-01160-JST

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I, Michael J. Wernke, am the ECF User whose ID and password are being used to file this

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STIPULATION AND [PROPOSED] ORDER AMENDING PLAINTIFFS’ PAGE LIMIT FOR

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THEIR OPPOSITIONS TO DEFENDANTS’ MOTIONS TO DISMISS. In compliance with Civil

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L.R. 5-1(i)(3), I hereby attest that the signatories below have concurred in this filing.

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DATED: September 21, 2015

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POMERANTZ LLP

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/s/ Michael J. Wernke
Marc I. Gross
Jeremy A. Lieberman
Michael J. Wernke
600 Third Avenue, 20th Floor
New York, New York 10016
Telephone: [phone]
Facsimile: [phone]
Email: [e-mail]
[e-mail]
[e-mail]
Lead Counsel for Plaintiffs

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PAUL WEISS, RIFKIND,
WHARTON & GARRISON LLP

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By: /s/ Daniel J. Kramer
Daniel J. Kramer*
Jacqueline P. Rubin*
Meredith A. Arfa*
1285 Avenue of the Americas
New York, NY 10019
Telephone: [phone]
Fax: [phone]
[e-mail]
[e-mail]
[e-mail]
- and Alex Young K. Oh*
2001 K Street, NW
Washington, DC 20006-1047
Telephone: [phone]
Fax: [phone]
[e-mail]
*Admitted pro hac vice

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STIPULATION AND [PROPOSED] ORDER AMENDING PLAINTIFFS’ PAGE LIMIT FOR THEIR OPPOSITION TO
DEFENDANTS’ MOTIONS TO DISMISS THE THIRD AMENDED COMPLAINT

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3:14-cv-01160-JST

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Attorneys for Defendants MagnaChip
Semiconductor Corp., R. Douglas Norby,
and Ilbok Lee

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- and –

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JONES DAY
John C. Tang
Kelsey Israel-Trummel
555 California Street, 26th Floor
San Francisco, CA 94104
Telephone: [phone]
Fax: [phone]
[e-mail]
[e-mail]
Attorneys for Defendant
MagnaChip Semiconductor Corp.

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AKIN GUMP STRAUSS HAUER &
FELD LLP
By: /s/ Michael A. Asaro
Michael A. Asaro*
Douglass B. Maynard*
Stephen M. Baldini*
John C. Murphy*
Sydney Spector*
One Bryant Park
Bank of America Tower
New York, NY 10036
Telephone: [phone]
Fax: [phone]
[e-mail]
[e-mail]
[e-mail]
[e-mail]
[e-mail]
*Admitted pro hac vice
-andReginald Steer
Eric Ruehe
580 California Street, Suite 1500
San Francisco, CA 94104
Telephone: [phone]
Fax: [phone]
[e-mail]
[e-mail]
Attorneys for Defendants Michael Elkins,

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STIPULATION AND [PROPOSED] ORDER AMENDING PLAINTIFFS’ PAGE LIMIT FOR THEIR OPPOSITION TO
DEFENDANTS’ MOTIONS TO DISMISS THE THIRD AMENDED COMPLAINT

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3:14-cv-01160-JST

Randal Klein and Avenue Capital
Management II, L.P.

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KASOWITZ, BENSON, TORRES
& FRIEDMAN LLP
By: /s/ Daniel J. Fetterman
Daniel J. Fetterman*
Trevor J. Welch*
Jason S. Takenouchi
Brian S. Choi*
1633 Broadway
New York, NY 10019
Telephone: [phone]
Fax: (212): 506-1800
[e-mail]
Attorneys for Defendant Nader Tavakoli
*Admitted pro hac vice

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LATHAM & WATKINS LLP
By: /s/ Patrick E. Gibbs
Patrick E. Gibbs
140 Scott Drive
Menlo Park, California 94025
Telephone: [phone]
Facsimile: +1.650.463.2600
[e-mail]

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-and-

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James E. Brandt*
Jason C. Hegt*
885 Third Avenue, Suite 1000
New York, New York 10022
Telephone: [phone]
Facsimile: +1.212.751-4864
[e-mail]
[e-mail]
Attorney for Defendants
Barclays Capital Inc.; Citigroup Global
Markets Inc.; Deutsche Bank Securities Inc.;
Needham & Company, LLC; UBS Securities
LLC
*Admitted pro hac vice

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STIPULATION AND [PROPOSED] ORDER AMENDING PLAINTIFFS’ PAGE LIMIT FOR THEIR OPPOSITION TO
DEFENDANTS’ MOTIONS TO DISMISS THE THIRD AMENDED COMPLAINT

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3:14-cv-01160-JST

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IT IS SO ORDERED.

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Dated: September 21, 2015

___________________________________
Honorable Jon S. Tigar
United States District Judge

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STIPULATION AND [PROPOSED] ORDER AMENDING PLAINTIFFS’ PAGE LIMIT FOR THEIR OPPOSITION TO
DEFENDANTS’ MOTIONS TO DISMISS THE THIRD AMENDED COMPLAINT

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3:14-cv-01160-JST