Hayes v. Magnachip Semiconductor Corp. et al

Filing 293

STIPULATION AND ORDER re 292 STIPULATION WITH PROPOSED ORDER regarding briefing of anticipated motion to strike filed by Keith Thomas, Herb Smith. Signed by Judge Jon S. Tigar on January 12, 2017. (wsn, COURT STAFF) (Filed on 1/12/2017)

1 POMERANTZ LLP
Patrick V. Dahlstrom
2 Joshua B. Silverman
3 Louis C. Ludwig
10 South LaSalle, Ste. 3505
4 Chicago, Illinois 60603
Telephone: [phone]
5 Facsimile: [phone]
6 Email: [e-mail]
[e-mail]
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[e-mail]
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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]

13 Class Counsel
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UNITED STATES DISTRICT COURT
NORTHERN DISTRICT OF CALIFORNIA

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KEITH THOMAS, RICHARD HAYES, HERB
17 SMITH, and OKLAHOMA POLICE PENSION
18 & RETIREMENT SYSTEM,
Plaintiffs,
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v.
20 MAGNACHIP SEMICONDUCTOR CORP.
21 SANG PARK, TAE YOUNG HWANG,
MARGARET SAKAI, R. DOUGLAS NORBY,
22 ILBOK LEE, NADER TAVAKOLI, RANDAL
KLEIN, MICHAEL ELKINS, AVENUE
23 CAPITAL MANAGEMENT II, L.P.,
24 BARCLAYS CAPITAL INC., DEUTSCHE
BANK SECURITIES INC., CITIGROUP
25 GLOBAL MARKETS INC., UBS
SECURITIES LLC and NEEDHAM &
26 COMPANY, LLC,
Defendants.
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Case No.: 3:14-cv-01160-JST
CLASS ACTION
Judge: Hon. Jon S. Tigar

STIPULATION AND PROPOSED
ORDER

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All parties, through their undersigned counsel, hereby submit this Stipulation and Proposed

2 Order regarding briefing of Defendant Avenue Capital Management II, L.P.’s (“Avenue Capital”)
3 anticipated motion to strike Plaintiffs’ second motion for class certification, ECF No. 289:
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WHEREAS, on January 10, 2017, this Court entered an order, ECF No. 291, stating, in part
“The Court has received Defendant Avenue Capital’s letter brief, ECF No. 290, concerning
Plaintiffs’ recently-filed second motion for class certification, ECF No. 289. Plaintiffs are ordered
to respond to that letter by 5:00 p.m. on January 11, 2017, solely with regard to Defendant’s request
that its obligation to respond to the class certification be held in abeyance so that Defendant can file
a motion to strike the new class certification motion…. If Plaintiffs do not oppose that request, they

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should present a stipulated briefing schedule for the motion to strike….”
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WHEREAS, Plaintiffs do not oppose the ordering of briefing suggested by Avenue Capital
and, after consultation with counsel for Avenue Capital, have agreed to the following abbreviated
schedule.
NOW, THEREFORE, the undersigned hereby stipulate, subject to Court approval, that:

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1. Avenue Capital shall file a motion to strike on or before January 18, 2017.

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2. Plaintiffs shall file their opposition on or before January 27, 2017.

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3. Avenue Capital shall file any reply on or before February 3, 2017.

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4. Avenue Capital’s obligation to respond to the class certification motion (ECF No. 289)

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shall be held in abeyance during the pendency of the motion to strike.

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Dated: January 11, 2017
IT IS SO STIPULATED:

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AKIN GUMP STRAUSS HAUER
& FELD LLP

POMERANTZ LLP

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25 /s/ Peter I. Altman
Neal R. Marder (SBN 126879)
26 Peter I. Altman (SBN 285292)
Ali R. Rabbani (SBN 253730)
27 Andrew S. Jick (SBN 278943)
1999 Avenue of the Stars, Suite 600
28 Los Angeles, CA 90067-6022
Telephone: [phone]

/s/ Joshua B. Silverman
Patrick V. Dahlstrom
Joshua B. Silverman
Louis C. Ludwig
10 South LaSalle, Ste. 3505
Chicago, Illinois 60603
Telephone: [phone]
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Facsimile: 310.229.1001
1 [e-mail]
[e-mail]
2 [e-mail]
[e-mail]
3
Michael A. Asaro
4 John C. Murphy
Sydney S. Spector
5 One Bryant Park
Bank of America Tower
6 New York, NY 10036
Telephone: [phone]
7 Facsimile: 212.872.1002
[e-mail]
8 [e-mail]
[e-mail]
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Facsimile: [phone]
Email: [e-mail]
[e-mail]
[e-mail]
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]

10 Counsel for Avenue Capital Management II,
L.P.
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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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Class Counsel
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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]
Liaison Counsel

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[PROPOSED] ORDER

25 PURSUANT TO STIPULATION, IT IS SO ORDERED.
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27 Dated: January __, 2017
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___________________________
Hon. Jon S. Tigar,
United States Dist. Judge

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