THE GEORGE LEON FAMILY TRUST v. VOLKSWAGEN AG et al

Filing 23

ORDER granting (1558 in 3:15-md-02672-CRB) STIPULATION WITH PROPOSED ORDER CONTINUING HEARING ON SECURITIES PLAINTIFFS' MOTION TO LIFT PSLRA DISCOVERY STAY filed by Volkswagen AG, Volkswagen Group of America, Inc.. Signed by Judge Charles R. Breyer on 6/2/2016. (beS, COURT STAFF) (Filed on 6/7/2016)

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1 2 3 4 5 6 7 8 9 10 11 12 13 Robert J. Giuffra, Jr. (admitted pro hac vice) Sharon L. Nelles (admitted pro hac vice) William B. Monahan (admitted pro hac vice) SULLIVAN & CROMWELL LLP 125 Broad Street New York, New York 10004 Telephone: (212) 558-4000 Facsimile: (212) 558-3588 Michael H. Steinberg (State Bar No. 134179) SULLIVAN & CROMWELL LLP 1888 Century Park East Los Angeles, California 90067-1725 Telephone: (310) 712-6600 Facsimile: (310) 712-8800 Laura Kabler Oswell (State Bar No. 241281) SULLIVAN & CROMWELL LLP 1870 Embarcadero Road Palo Alto, CA 94303 Telephone: (650) 461-5600 Facsimile: (650) 461-5700 14 15 16 17 Attorneys for Defendants Volkswagen AG and Volkswagen Group of America, Inc. (d/b/a Volkswagen of America, Inc. and Audi of America, Inc.) UNITED STATES DISTRICT COURT 18 NORTHERN DISTRICT OF CALIFORNIA 19 20 21 22 IN RE: VOLKSWAGEN “CLEAN DIESEL” MARKETING, SALES PRACTICES, AND PRODUCTS LIABILITY LITIGATION _____________________________________ This Document Relates to: Securities Actions 23 24 25 26 27 City of St. Clair Shores, No. 15-6167 Travalio, No. 15-6168 George Leon Family Trust, No. 15-6166 Charter Twp. of Clinton, No. 16-190 Wolfenbarger, No. 16-184 ) ) ) ) ) ) ) ) ) ) ) ) ) MDL No. 2672 CRB (JSC) STIPULATION AND CONTINUING HEARING ON SECURITIES PLAINTIFFS’ MOTION TO LIFT PSLRA DISCOVERY STAY 28 SULLIVAN & CROMWELL LLP STIPULATION AND [PROPOSED] ORDER CONTINUING HEARING ON MOTION TO LIFT PSLRA DISCOVERY STAY MDL NO. 2672 CRB (JSC) 1 WHEREAS, on April 26, 2016, Lead Plaintiff in above-captioned securities 2 actions (the “Securities Actions”), the Arkansas State Highway Employees’ Retirement System 3 (“Lead Plaintiff”), filed a Motion for Partial Modification of the PSLRA Discovery Stay (Docket 4 No. 1460) (the “Motion”), which set a hearing date for the Motion of June 17, 2016; 5 WHEREAS, the Motion will be fully briefed as of June 10, 2016 (Docket 6 No. 1477); 7 WHEREAS, counsel for the undersigned Defendants and counsel for Lead 8 Plaintiff have agreed that, due to scheduling conflicts for counsel for one or more of the 9 Defendants, with the Court’s consent, the hearing on the Motion should be continued to June 24, 10 11 12 2016, at 10:00 a.m.; and WHEREAS, there have been no previous requests for a continuance of the hearing date for the Motion. 13 NOW, THEREFORE IT IS HEREBY STIPULATED AND AGREED, by and 14 among the parties hereto, subject to approval by the Court, that the hearing on the Motion shall 15 be continued to June 24, 2016, at 10:00 a.m. 16 Dated: June 1, 2016 17 18 19 20 21 22 23 Respectfully submitted, /s/ Robert J. Giuffra, Jr. Robert J. Giuffra, Jr. Sharon L. Nelles William B. Monahan SULLIVAN & CROMWELL LLP 125 Broad Street New York, New York 10004 Telephone: (212) 558-4000 Facsimile: (212) 558-3588 24 25 26 27 28 SULLIVAN & CROMWELL LLP -2STIPULATION AND [PROPOSED] ORDER CONTINUING HEARING ON MOTION TO LIFT PSLRA DISCOVERY STAY MDL NO. 2672 CRB (JSC) 1 2 3 4 5 6 7 8 9 10 Michael H. Steinberg SULLIVAN & CROMWELL LLP 1888 Century Park East Los Angeles, California 90067-1725 Telephone: (310) 712-6600 Facsimile: (310) 712-8800 Laura Kabler Oswell SULLIVAN & CROMWELL LLP 1870 Embarcadero Road Palo Alto, California 94303 Telephone: (650) 461-5600 Facsimile: (650) 461-5700 Attorneys for Defendants Volkswagen AG and Volkswagen Group of America, Inc. (d/b/a Volkswagen of America, Inc. and Audi of America, Inc.) 11 12 16 /s/ David Schertler David Schertler SCHERTLER & ONORATO, LLP 575 7th Street, N.W. Suite 300 South Washington, D.C. 20004 Telephone: (202) 628-4199 Facsimile: (202) 628-4177 17 Attorneys for Defendant Michael Horn 13 14 15 18 19 23 /s/ Gregory P. Joseph Gregory P. Joseph (admitted pro hac vice) Peter R. Jerdee (admitted pro hac vice) JOSEPH HAGE AARONSON LLC 485 Lexington Avenue, 30th Floor New York, New York 10017 Telephone: (212) 407-1222 Facsimile: (212) 407-1269 24 Attorneys for Defendant Martin Winterkorn 20 21 22 25 26 27 28 SULLIVAN & CROMWELL LLP -3STIPULATION AND [PROPOSED] ORDER CONTINUING HEARING ON MOTION TO LIFT PSLRA DISCOVERY STAY MDL NO. 2672 CRB (JSC) 1 2 3 8 /s/ Niki L. Mendoza Niki L. Mendoza (Bar No. 214646) BERNSTEIN LITOWITZ BERGER & GROSSMANN LLP nikim@blgblaw.com 12481 High Bluff Drive, Suite 300 San Diego, CA 92130 Telephone: (858) 793-0070 Facsimile: (858) 793-0323 9 -and- 4 5 6 7 10 James A. Harrod (pro hac vice) Jai Chandrasekhar (pro hac vice) Adam D. Hollander (pro hac vice) Ross Shikowitz (pro hac vice) BERNSTEIN LITOWITZ BERGER & GROSSMANN LLP jim.harrod@blbglaw.com jai@blbglaw.com adam.hollander@blbglaw.com ross@blbglaw.com 1251 Avenue of the Americas New York, NY 10020 Telephone: (212) 554-1400 Facsimile: (212) 554-1444 11 12 13 14 15 16 17 18 Attorneys for Lead Plaintiff ASHERS and Lead Counsel in the Securities Actions 19 20 21 * * * PURSUANT TO STIPULATION, IT IS SO ORDERED 22 23 24 25 DATED: 2016 CHARLES R. BREYER United States District Judge 26 27 28 SULLIVAN & CROMWELL LLP -4STIPULATION AND [PROPOSED] ORDER CONTINUING HEARING ON MOTION TO LIFT PSLRA DISCOVERY STAY MDL NO. 2672 CRB (JSC)

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