Jeffrey S.L. Cheah v. Affymetrix, Inc. et al

Filing 15

STIPULATION AND ORDER For the Adjournment of the Initial Case Management Conference. Case Management Conference continued to 8/23/2016 02:00 PM in Courtroom 2, 17th Floor, San Francisco. Case Management Statement due by 8/16/2016. Signed by Judge William H. Orrick on 05/16/2016. (jmdS, COURT STAFF) (Filed on 5/16/2016)

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1 4 Leigh A. Parker (170565) lparker@weisslawllp.com WEISSLAW LLP 1516 South Bundy Drive, Suite 309 Los Angeles, CA 90025 Telephone: 310/208-2800 Facsimile: 310/209-2348 5 Attorneys for Plaintiff Jeffrey S. L. Cheah 6 [Additional counsel listed on signature page] 2 3 7 UNITED STATES DISTRICT COURT 8 NORTHERN DISTRICT OF CALIFORNIA 9 10 JEFFREY S. L. CHEAH, Individually and On 11 Behalf of All Others Similarly Situated, Plaintiff, 12 13 14 15 16 17 v. AFFYMETRIX, INC., JAMI DOVER NACHTSHEIM, FRANK WITNEY, NELSON C. CHAN, GARY S. GUTHART, RICCARDO PIGLIUCCI, MERILEE RAINES, ROBERT H. TRICE, THERMO FISHER SCIENTIFIC, INC. and WHITE BIRCH MERGER CO., 18 Defendants. 19 20 21 22 23 24 25 26 27 28 #88354979v1 ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) Case No. 16-cv-01253-WHO CLASS ACTION STIPULATION AND ORDER FOR THE ADJOURNMENT OF THE INITIAL CASE MANAGEMENT CONFERENCE Judge: Honorable William H. Orrick IT IS HEREBY STIPULATED by and between PLAINTIFF JEFFREY S. L. CHEAH 1 2 (“Plaintiff”) and DEFENDANTS FRANK WITNEY, NELSON CHAN, GARY GUTHART, 3 JAMI NACHTSHEIM, RICCARDO PIGLIUCCI, MERILEE RAINES, ROBERT TRICE 4 (collectively, the “Individual Defendants”), and AFFYMETRIX, INC. (collectively, the 5 “Defendants”), (Plaintiff and Defendants are to be collectively referred to as the “Parties”), by and 6 through their attorneys of record, that good cause exists for the Court to accept the following 7 8 proposed schedule based on the following: 9 WHEREAS, on March 14, 2016, Plaintiff filed a Class Action Complaint captioned Cheah 10 v. Affymetrix, Inc., et al., Case No. 16-cv-01253-WHO (the “Complaint”) in the United States 11 District Court, Northern District of California for violations of Section 14(a) and 20(a) of the 12 Securities Exchange Act of 1934 (the “Exchange Act”), 15 U.S.C. §§ 78n(a), 78t(a), and SEC 13 14 Rule 14a-9, 17 C.F.R. 240.14a-9, and breaches of fiduciary duties in connection with the proposed merger between Affymetrix, Inc. and Thermo Fisher Scientific Inc.; 15 WHEREAS, Defendants’ Answers to the Complaint are due on May 27, 2016; 16 WHEREAS, the Initial Case Management Conference in this matter is set for June 14, 17 18 19 20 21 2016; WHEREAS, the Parties have reached a preliminary settlement agreement in the abovereferenced matter and are currently conducting confirmatory discovery. WHEREAS, the Parties desire the adjournment of the deadline for any response to the 22 23 24 25 Complaint until after the conclusion of confirmatory discovery; WHEREAS, the Parties desire the adjournment of the Initial Case Management Conference until after the conclusion of confirmatory discovery; 26 27 28 2 STIPULATION AND ORDER FOR THE ADJOURNMENT OF THE INITIAL CASE MANAGEMENT CONFERENCE #88354979v1 1 NOW THEREFORE, IT IS HEREBY STIPULATED BY AND AMONG THE PARTIES 2 HERETO, THROUGH THEIR COUNSEL OF RECORD, AND SUBJECT TO APPROVAL OF 3 THE COURT, AS FOLLOWS: 4 5 6 1. The Initial Case Management Conference shall be adjourned to a date to be determined by the Court; and 2. Defendants’ deadline to answer, move to dismiss, or otherwise respond to the 7 Complaint shall be adjourned indefinitely, with the parties to confer on a new deadline in the event 8 that the settlement is not consummated. 9 Stipulated by and between the following: 10 DATED: May 13, 2016 WEISSLAW LLP 11 12 14 By: /s/ Leigh A. Parker Leigh A. Parker (170565) lparker@weisslawllp.com 1516 South Bundy Drive, Suite 309 Los Angeles, CA 90025 15 Attorneys for Plaintiff Jeffrey S. L. Cheah 13 16 DATED: May 13, 2016 DAVIS POLK & WARDWELL, LLP 17 18 By: /s/ Neal A. Potischman Neal A. Potischman (SBN 254862) Micah G. Block (SBN 270712) Andrew D. Yaphe (SBN 274172) Jayeeta Kundu (SBN 291599) 1600 El Camino Real Menlo Park, California 94025 Telephone: (650) 752-2000 Facsimile: (650) 752-2111 19 20 21 22 23 Counsel for Defendants Affymetrix, Inc., Frank Witney, Nelson Chan, Gary Guthart, Jami Nachtsheim, Riccardo Pigliucci, Merilee Raines, and Robert Trice 24 25 26 27 28 3 STIPULATION AND ORDER FOR THE ADJOURNMENT OF THE INITIAL CASE MANAGEMENT CONFERENCE #88354979v1 Filer’s Attestation 1 2 I, Leigh A. Parker, am the ECF user whose identification and password are being used to 3 file this Stipulation and [Proposed] Order for the Adjournment of the Initial Case Management 4 Conference. In compliance with Civil L.R. 5-1(i)(3), I hereby attest that all signatories hereto 5 concur in this filing. 6 /s/ Leigh A. Parker 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 4 STIPULATION AND ORDER FOR THE ADJOURNMENT OF THE INITIAL CASE MANAGEMENT CONFERENCE #88354979v1 1 2 IT IS HEREBY ORDERED that 1. The Initial Case Management Conference will be adjourned until August 23, 2016. 3 In the event that “confirmatory discovery” has not been completed by that date, the 4 parties shall state in their Joint Case Management Statement the specifics 5 concerning the discovery completed and the anticipated discovery that remains. 6 2. Defendants’ deadline to answer, move to dismiss, or otherwise respond to the 7 Complaint shall be adjourned indefinitely, with the parties to confer on a new 8 deadline in the event that the settlement is not consummated. 9 10 DATED: May 16, 2016 11 12 Honorable William H. Orrick United States District Judge 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 5 STIPULATION AND ORDER FOR THE ADJOURNMENT OF THE INITIAL CASE MANAGEMENT CONFERENCE #88354979v1

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