Wickey v. Hsu et al

Filing 41

ORDER by Judge Haywood S. Gilliam, Jr. Granting 40 Stipulation Rescheduling Order. (ndr, COURT STAFF) (Filed on 3/23/2015)

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LATHAM & WATKINS LLP
Peter A. Wald (Bar No. 85705)
Marcy C. Priedeman (Bar No. 258505)
[e-mail]
[e-mail]
505 Montgomery Street, Suite 2000
San Francisco, California 94111-6538
Telephone: [phone]
Facsimile: [phone]
Patrick E. Gibbs (Bar No. 183174)
[e-mail]
140 Scott Drive
Menlo Park, California 94025-1008
Telephone: [phone]
Facsimile: [phone]

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Attorneys for Defendants
LARRY HSU, ARTHUR M. KOCH, G. FREDERICK
WILKINSON, LESLIE Z. BENET, ROBERT L.
BURR, ALLEN CHAO, NIGEL T. FLEMING,
MICHAEL MARKBREITER, MICHAEL J.
NESTOR, MARY K. PENDERGAST, BRYAN M.
REASONS, and PETER R. TERRERI

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and
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Nominal Defendant
IMPAX LABORATORIES, INC.

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[additional counsel on signature page]

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UNITED STATES DISTRICT COURT

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NORTHERN DISTRICT OF CALIFORNIA

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SAN FRANCISCO DIVISION

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IN RE IMPAX LABORATORIES, INC.
SHAREHOLDER DERIVATIVE
LITIGATION

Case No.: 14-cv-04266-HSG
STIPULATION AND RESCHEDULING
ORDER

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ATTORNEYS AT LAW
SAN FRANCISCO

STIPULATION AND [PROPOSED] RESCHEDULING ORDER
CASE NUMBER: 14-cv-04266-HSG

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WHEREAS, on February 5, 2015, Judge James Donato consolidated Wickey v. Hsu, et

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al., No. 14-cv-04266 (N.D. Cal.) and International Union of Operating Engineers Local 478 v.

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Hsu, et al., No. 14-cv-14-04980 (N.D. Cal.) into the above-referenced consolidated shareholder

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derivative action [Dkt. No. 33];

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WHEREAS, Judge Donato also ordered that Plaintiffs file a consolidated complaint by
February 20, 2015, and set a response date to the consolidated complaint for March 25, 2015.

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WHEREAS, on February 13, 2015, this consolidated shareholder derivative action was
reassigned to this Court ;

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WHEREAS, on February 20, 2015, Plaintiffs filed a Verified Consolidated Shareholder

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Derivative Complaint For Breach of Fiduciary Duty (the “Consolidated Complaint”) [Dkt. No.

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37];
WHEREAS, since Plaintiffs’ filing of the Consolidated Complaint, the parties have been

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engaged in settlement negotiations, and continue to discuss a potential resolution of this matter;

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and

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WHEREAS, the parties agree that it would be a waste of judicial resources for

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Defendants to prepare and file a response to the Consolidated Complaint given the state of

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settlement negotiations.

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NOW THEREFORE, the undersigned parties, by and through their counsel of record,
stipulate as follows:
1.

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Consolidated Complaint is vacated.
2.

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The current March 25, 2015 deadline for Defendants’ response to the

Defendants shall file and serve their response to the Consolidated Complaint on or
before April 24, 2015.

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If Defendants filed a motion to dismiss the Consolidated Complaint, Plaintiffs

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shall file and serve their response to the motion to dismiss on or before May 15,

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2015.

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ATTORNEYS AT LAW
SAN FRANCISCO

4.

Defendants shall file and serve any reply in support of their motion to dismiss on
or before May 29, 2015.
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STIPULATION AND [PROPOSED] RESCHEDULING ORDER
CASE NUMBER: 14-cv-04266-HSG

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DATED: March 19, 2015

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Attorneys for Plaintiff Randall K. Wickey
DATED: March 19, 2015

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By: /s/ Brett M. Middleton
BERNSTEIN LITOWITZ BERGER
& GROSSMANN LLP
Brett M. Middleton (Bar No. 199427)
12481 High Bluff Drive, Suite 300
San Diego, CA 92130-3582
Phone: [phone]
Fax: [phone]
[e-mail]
Attorneys for Plaintiff International Union of
Operating Engineers Local 478

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By: /s/ Eric L. Zagar
KESSLER TOPAZ
MELTZER & CHECK, LLP
Eric L. Zagar (Bar No. 250519)
280 King of Prussia Road
Radnor, PA 19087
Phone: [phone]
Fax: [phone]
[e-mail]

DATED: March 19, 2015

By: /s/ Peter A. Wald
LATHAM & WATKINS LLP
Peter A. Wald (Bar No. 85705)
Marcy C. Priedeman (Bar No. 258505)
505 Montgomery Street, Suite 2000
San Francisco, CA 94111
Telephone: [phone]
Facsimile: [phone]
Patrick E. Gibbs (Bar No. 183174)
140 Scott Drive
Menlo Park, CA 94025
Telephone: [phone]
Facsimile: [phone]

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Attorneys for Defendants Larry Hsu, Arthur M.
Koch, G. Frederick Wilkinson, Leslie Z. Benet,
Robert L. Burr, Allen Chao, Nigel T. Fleming,
Michael Markbreiter, Michael J. Nestor, Mary K.
Pendergast, Bryan M. Reasons, and Peter R.
Terreri and Nominal Defendant Impax
Laboratories, Inc.

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ATTORNEYS AT LAW
SAN FRANCISCO

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STIPULATION AND [PROPOSED] RESCHEDULING ORDER
CASE NUMBER: 14-cv-04266-HSG

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PURSUANT TO STIPULATION, IT IS SO ORDERED.

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DATED: 3/23/2015
Hon. Haywood S. Gilliam, Jr.
United States District Judge

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ATTORNEYS AT LAW
SAN FRANCISCO

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STIPULATION AND [PROPOSED] RESCHEDULING ORDER
CASE NUMBER: 14-cv-04266-HSG

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SIGNATURE ATTESTATION

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I am the ECF User whose identification and password are being used to file the foregoing

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Stipulation and [Proposed] Rescheduling Order. Pursuant to Civil Local Rule 5-1(i)(3) regarding

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signatures, I, Peter A. Wald, attest that concurrence in the filing of this document have been

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obtained.

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DATED: March 19, 2015

/s/ Peter A. Wald
Peter A. Wald

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ATTORNEYS AT LAW
SAN FRANCISCO

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STIPULATION AND [PROPOSED] RESCHEDULING ORDER
CASE NUMBER: 14-cv-04266-HSG