Fieser v. Van Ness et al

Filing 43

STIPULATION AND ORDER re 42 STIPULATION WITH PROPOSED ORDER to Reschedule Case Management Conference filed by Joseph M. Limber, John Varian, Paul D. Rubin, W. Denman Van Ness, Xoma Corporation, Kelvin M. Neu, Peter Barton Hutt, Pat rick J. Scannon, Jack L. Wyszomierski, William K. Bowes, Jr., Timothy P. Walbert. Case Management Statement due by 8/14/2017. Initial Case Management Conference set for 8/23/2017 at 2:00 PM in Courtroom 9, 19th Floor, San Francisco. Signed by Judge Jon S. Tigar on May 3, 2017. (wsn, COURT STAFF) (Filed on 5/3/2017)

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1 2 3 4 5 6 7 8 9 COOLEY LLP JOHN C. DWYER (136533) (dwyerjc@cooley.com) JESSICA VALENZUELA SANTAMARIA (220934) (jsantamaria@cooley.com) AMANDA A. MAIN (260814) (amain@cooley.com) BRETT H. DE JARNETTE (292919) (bdejarnette@cooley.com) 3175 Hanover Street Palo Alto, CA 94304-1130 Telephone: (650) 843-5000 Facsimile: (650) 849-7400 Attorneys for Defendants W. DENMAN VAN NESS, WILLIAM K. BOWES, JR., PETER BARTON HUTT, JOSEPH M. LIMBER, KELVIN M. NEU, PATRICK J. SCANNON, JOHN VARIAN, TIMOTHY P. WALBERT, PAUL D. RUBIN AND JACK L. WYSZOMIERSKI and Nominal Defendant XOMA CORPORATION 10 UNITED STATES DISTRICT COURT 11 NORTHERN DISTRICT OF CALIFORNIA 12 13 DEBORAH A. FIESER, derivatively on behalf of XOMA CORPORATION, Case No. 3:15-CV-05236-JST 14 Plaintiff, 15 v. STIPULATION AND [PROPOSED] ORDER TO RESCHEDULE CASE MANAGEMENT CONFERENCE 16 17 18 19 20 21 W. DENMAN VAN NESS, WILLIAM K. BOWES, JR., PETER BARTON HUTT, JOSEPH M. LIMBER, KELVIN M. NEU, PATRICK J. SCANNON, JOHN VARIAN, TIMOTHY P. WALBERT, PAUL D. RUBIN AND JACK L. WYSZOMIERSKI and Nominal Defendant XOMA CORPORATION, Judge: Honorable Jon S. Tigar Defendants. 22 23 24 25 26 27 28 COOLEY LLP ATTORNEYS AT LAW PALO ALTO STIPULATION AND [PROPOSED] ORDER TO RESCHEDULE CMC CASE NO. 3:15-CV-05236-JST 1 Pursuant to Civil Local Rules 6-2 and 7-12, Plaintiff Deborah A. Fieser (“Fieser”), 2 Jeffrey Csoka (“Cskoka”), and Defendants W. Denman Van Ness, William K. Bowes, Jr., Peter 3 Barton Hutt, Joseph M. Limber, Kelvin M. Neu, Patrick J. Scannon, John Varian, Timothy P. 4 Walbert, Paul D. Rubin, Jack L. Wyszomierski, and Nominal Defendant XOMA Corporation 5 (collectively, “Defendants”), by and through their respective counsel, hereby agree and stipulate 6 that good cause exists to request an order from the Court rescheduling the Case Management 7 Conference currently set for May 17, 2017 in this action and related action at Case No. 3:15-CV- 8 05429-JST to August 23, 2017, and to adjust accordingly the related deadlines set forth therein. 9 WHEREAS, Joseph Markette (“Markette”) filed a securities class action lawsuit against 10 XOMA, John Varian, and Paul Rubin relating to XOMA’s EYEGUARD-B study in the United 11 States Court for the Northern District of California, captioned Markette v. XOMA Corp., et. al., 12 3:15-CV-3425-HSG, on July 24, 2015 (the “Securities Action”); 13 WHEREAS, Plaintiff Fieser filed this related shareholder derivative action, captioned 14 Fieser v. W. Denman Van Ness, et. cal., Case No. 3:15-CV-05236-JST, on November 16, 2015 15 (“Fieser Derivative Action”); 16 WHEREAS, Csoka filed a related shareholder derivative action in the United States 17 Court for the Northern District of California, captioned Csoka v. John Varian, et. al., Case No. 18 3:15-CV-05429-JST, on November 25, 2015 (“Csoka Derivative Action”); 19 20 21 22 23 24 WHEREAS, as of April 25, 2016, both the Fieser Derivative Action and the Csoka Derivative Action are before Hon. Jon S. Tigar; WHEREAS, on May 9, 2016, the Court stayed the Fieser Derivative Action pending future developments in the Securities Action; WHEREAS, on May 19, 2016, the Court stayed the Csoka Derivative Action pending future developments in the Securities Action; 25 WHEREAS, on May 24, 2016, the Court in the Securities Action set a briefing schedule 26 requiring Markette to file an amended complaint by July 8, 2016, Defendants to respond to the 27 amended complaint by August 11, 2016; Markette to file an opposition to the response by 28 COOLEY LLP ATTORNEYS AT LAW PALO ALTO 2. STIPULATION AND [PROPOSED] ORDER TO RESCHEDULE CMC CASE NO. 3:15-CV-05236-JST 1 September 15, 2016, Defendants to file a reply brief by September 29, 2016, and for the hearing 2 to be held on October 13, 2016; 3 4 5 6 WHEREAS, on July 8, 2016, Markette filed an amended complaint adding for the first time Kelvin Neu as a defendant; WHEREAS, on July 22, 2016, the parties in the Securities Action filed a stipulation to amend the case management schedule; 7 WHEREAS, on July 22, 2016, the Court in the Securities Action granted in part and 8 denied in part the parties’ stipulation to amend the case management schedule, requiring 9 Defendants to respond to the amended complaint by September 2, 2016; Markette to file an 10 opposition to the response by October 7, 2016; Defendants to file a reply brief by October 21, 11 2016; and for the hearing to be held on November 3, 2016; 12 13 14 15 16 17 18 19 20 21 22 23 WHEREAS, the parties filed a stipulation to reschedule the case management conference in this action on August 16, 2016; WHEREAS, on August 19, 2016, this Court ordered the Fieser and Csoka Derivative Actions related, extended the stay, and denied Defendants’ stipulation as moot; WHEREAS, on September 2, 2016, Defendants filed a motion to dismiss the Securities Action; WHEREAS, on September 15, 2016, the Court in the Securities Action continued the hearing to December 15, 2016; WHEREAS, on October 7, 2016, Plaintiff Markette filed an opposition to Defendants’ motion to dismiss; WHEREAS, on October 21, 2016, Defendants filed a reply in support of their motion to dismiss; 24 WHEREAS, on December 14, 2016, the Court in the Securities Action vacated the 25 hearing previously scheduled for December 15, 2016, and took the pending motion to dismiss 26 filings under submission; 27 28 WHEREAS, the Case Management Conference is currently scheduled for May 17, 2017 in both the Fieser and Csoka Derivative Actions; COOLEY LLP ATTORNEYS AT LAW PALO ALTO 3. STIPULATION AND [PROPOSED] ORDER TO RESCHEDULE CMC CASE NO. 3:15-CV-05236-JST 1 2 WHEREAS, the Court in the Securities Action has yet to issue an order on the motion to dismiss filings; 3 WHEREAS, in light of the current stay of both the Fieser and Csoka Derivative Actions 4 and the status of the Securities Action, the parties believe it would be a waste of judicial and 5 party resources for the Court and the Parties to conduct the Case Management Conference on 6 May 17, 2017; 7 WHEREAS Fieser, Csoka, and Defendants further agree that the Case Management 8 Conference should be rescheduled for August 23, 2017, and all related deadlines adjusted 9 accordingly. 10 11 12 13 14 NOW THEREFORE, THE FOLLOWING IS HEREBY STIPULATED by and between the parties, through their respective counsel: 1. The Case Management Conference will be rescheduled to August 23, 2017, and all related deadlines (including ADR deadlines) adjusted accordingly. IT IS SO STIPULATED. 15 16 Dated: May 2, 2017 COOLEY LLP 17 18 19 20 21 22 /s/ Jessica Valenzuela Santamaria Jessica Valenzuela Santamaria (220934) Attorneys for Defendants W. DENMAN VAN NESS, WILLIAM K. BOWES, JR., PETER BARTON HUTT, JOSEPH M. LIMBER, KELVIN M. NEU, PATRICK J. SCANNON, JOHN VARIAN, TIMOTHY P. WALBERT, PAUL D. RUBIN AND JACK L. WYSZOMIERSKI and Nominal Defendant XOMA CORPORATION 23 24 25 26 27 28 COOLEY LLP ATTORNEYS AT LAW PALO ALTO 4. STIPULATION AND [PROPOSED] ORDER TO RESCHEDULE CMC CASE NO. 3:15-CV-05236-JST 1 Dated: May 2, 2017 2 GREEN & NOBLIN, P.C. and 3 FEDERMAN & SHERWOOD WILLIAM B. FEDERMAN 4 5 /s/ Robert S. Green Robert S. Green (136183) 6 7 Attorneys for Plaintiff DEBORAH A. FIESER 8 9 Dated: May 2, 2017 10 LAW OFFICE OF ADAM R. BERNSTEIN ADAM BERNSTEIN (132982) /s/ Adam Bernstein Adam Bernstein (132982) 11 12 198 Coffeeberry Dr. San Jose, CA, 95123 Telephone: (408) 960-6511 Facsimile: (408) 613-2489 Email: bernsteinlaw@earthlink.net 13 14 15 19 THE BROWN LAW FIRM, P.C. TIMOTHY W. BROWN 127A Cove Road Oyster Bay Cove, New York 11771 Telephone: (516) 922-5427 Email: tbrown@thebrownlawfirm.net 20 Attorneys for Plaintiff JEFFREY CSOKA 16 17 18 21 PURSUANT TO STIPULATION, IT IS SO ORDERED 22 23 24 May 3, 2017 DATED: _____________________ __________________________________________ Honorable Jon S. Tigar United States District Judge 25 26 27 28 COOLEY LLP ATTORNEYS AT LAW PALO ALTO 5. STIPULATION AND [PROPOSED] ORDER TO RESCHEDULE CMC CASE NO. 3:15-CV-05236-JST

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