City of Sterling Heights General Employees Retirement System v. Prudential Financial Inc.

Filing 14

NOTICE RE UPCOMING HEARING. Signed by Judge Alsup on 6/18/2014. (whalc3, COURT STAFF) (Filed on 6/18/2014)

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1 2 3 4 IN THE UNITED STATES DISTRICT COURT 5 FOR THE NORTHERN DISTRICT OF CALIFORNIA 6 7 8 9 CITY OF STERLING HEIGHTS GENERAL EMPLOYEES’ RETIREMENT SYSTEM, Individually and on Behalf of All Others Similarly Situated, 11 For the Northern District of California United States District Court 10 No. C 14-80161 WHA Plaintiffs, v. NOTICE RE UPCOMING ORAL ARGUMENT 12 PRUDENTIAL FINANCIAL, INC., et al., 13 Defendants. / 14 15 16 17 For the upcoming oral argument on the pending motion to quash, the parties are requested to be prepared to address the following questions: 1. Whether the automatic stay on all discovery under the PSLRA is applicable on 18 account of ongoing motion practice, see SG Cowen Sec. Corp. v. United States 19 District Court, 189 F.3d 909, 911 (9th Cir. 1999) (“discovery should be permitted 20 in securities class actions only after the court has sustained the legal sufficiency 21 of the complaint”) (emphasis in original), and; 22 23 2. Whether any discovery has been propounded by Prudential in the underlying action. 24 25 26 27 28 Dated: June 18, 2014. WILLIAM ALSUP UNITED STATES DISTRICT JUDGE

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