Hefler v. Wells Fargo & Company et al

Filing 213

STIPULATION AND ORDER re 212 STIPULATION WITH PROPOSED ORDER REGARDING CASE MANAGEMENT CONFERENCE AND CASE MANAGEMENT STATEMENT filed by Wells Fargo & Company. Signed by Judge Jon S. Tigar on May 8, 2018. (wsn, COURT STAFF) (Filed on 5/8/2018)

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Richard H. Klapper (pro hac vice)
([e-mail])
Nicolas Bourtin (pro hac vice)
([e-mail])
SULLIVAN & CROMWELL LLP
125 Broad Street
New York, New York 10004
Telephone: [phone]
Facsimile: [phone]
Brendan P. Cullen (SBN 194057)
([e-mail])
Sverker K. Hogberg (SBN 244640)
([e-mail])
Ryan J. McCauley (SBN 264913)
([e-mail])
SULLIVAN & CROMWELL LLP
1870 Embarcadero Road
Palo Alto, California 94303
Telephone:
[phone]
Facsimile:
[phone]

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Christopher M. Viapiano (pro hac vice)
([e-mail])
SULLIVAN & CROMWELL LLP
1700 New York Avenue, N.W., Suite 700
Washington, D.C. 20006
Telephone:
[phone]
Facsimile:
[phone]

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Counsel for Defendant Wells Fargo & Company

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[Additional Counsel on Signature Page]

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UNITED STATES DISTRICT COURT
NORTHERN DISTRICT OF CALIFORNIA

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SULLIVAN
&
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GARY HEFLER, MARCELO MIZUKI, GUY
SOLOMONOV, and UNION ASSET
MANAGEMENT HOLDING AG, Individually
and on Behalf of All Others Similarly Situated,

)
)
)
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)
Plaintiffs,
)
)
vs.
)
)
WELLS FARGO & COMPANY, JOHN G.
)
STUMPF, JOHN R. SHREWSBERRY, CARRIE )
L. TOLSTEDT, TIMOTHY J. SLOAN, DAVID )
)
M. CARROLL, DAVID JULIAN, HOPE A.

Case No. 3:16-cv-05479-JST
STIPULATION AND [PROPOSED]
ORDER REGARDING CASE
MANAGEMENT CONFERENCE AND
CASE MANAGEMENT STATEMENT
The Hon. Jon S. Tigar

STIPULATION AND [PROPOSED] ORDER
CASE NO. 3:16-CV-05479-JST

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HARDISON, MICHAEL J. LOUGHLIN, AVID )
MODJTABAI, JAMES M. STROTHER, JOHN D. )
BAKER II, JOHN S. CHEN, LLOYD H. DEAN, )
ELIZABETH A. DUKE, SUSAN E. ENGEL,
)
ENRIQUE HERNANDEZ JR., DONALD M.
)
JAMES, CYNTHIA H. MILLIGAN, FEDERICO )
F. PEÑA, JAMES H. QUIGLEY, JUDITH M.
)
RUNSTAD, STEPHEN W. SANGER, SUSAN G. )
SWENSON, and SUZANNE M. VAUTRINOT, )
)
Defendants.
)
)

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WHEREAS, on April 20, 2018, the Court entered an Order scheduling a case

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management conference for May 23, 2018, and requiring that the parties file a case management

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statement by May 14, 2018;

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WHEREAS, the parties have now reached an agreement in principle to settle the aboveentitled action;

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WHEREAS, Lead Plaintiff anticipates moving for preliminary approval of the settlement
in July 2018;
WHEREAS, the parties have met and conferred and believe that the interests of judicial

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efficiency and economy would be best served by continuing the case management conference scheduled

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for May 23, 2018, the deadline for filing a case management statement scheduled for May 14, 2018, and

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all other related and pending deadlines.

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NOW THEREFORE, IT IS HEREBY STIPULATED AND AGREED, between Lead
Plaintiff, by and through its counsel, and Defendants, by and through their counsel, that:
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The case management conference currently set for May 23, 2018, and the May 14,

2018 deadline for the parties to file a case management statement, are vacated.
2.

All other current and pending deadlines in the above-captioned action are vacated,

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including the deadline for the parties to provide initial disclosures pursuant to Fed. R. Civ. P. 26(a), the

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deadline for the parties to provide a written discovery plan to the Court pursuant to Fed. R. Civ. P. 26(f),

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and the deadline for Defendants to answer or otherwise respond to the Second Consolidated Class

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Action Complaint for Violations of the Federal Securities Laws (Dkt. 207).

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SULLIVAN
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STIPULATION AND [PROPOSED] ORDER
CASE NO. 3:16-CV-05479-JST

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Dated: May 4, 2018

BERNSTEIN LITOWITZ BERGER
& GROSSMANN LLP
By: /s/ Salvatore J. Graziano__________
Salvatore J. Graziano (pro hac vice)
[e-mail]
Adam H. Wierzbowski (pro hac vice)
[e-mail]
Rebecca Boon (pro hac vice)
[e-mail]
1251 Avenue of the Americas, 44th Floor
New York, NY 10020
Telephone: [phone]
Facsimile: [phone]

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Lead Counsel for Lead Plaintiff and the Class

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KLAUSNER KAUFMAN JENSEN
& LEVINSON
Robert D. Klausner
[e-mail]
Stuart A. Kaufman
[e-mail]
780 NW 4th Street
Plantation, FL 33317
Telephone: [phone]
Facsimile: [phone]

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Counsel for Plaintiff City of Hialeah Employees’
Retirement System

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ROBBINS GELLER RUDMAN
& DOWD LLP
Shawn A. Williams
[e-mail]
Aelish M. Baig
[e-mail]
Jason C. Davis
[e-mail]
Post Montgomery Center
One Montgomery Street, Suite 1800
San Francisco, CA 94104
Telephone: [phone]
Facsimile: [phone]

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Liaison Counsel for Plaintiffs

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SULLIVAN
&
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Dated: May 4, 2018

SULLIVAN & CROMWELL LLP
By: /s/ Richard H. Klapper
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STIPULATION AND [PROPOSED] ORDER
CASE NO. 3:16-CV-05479-JST

Richard H. Klapper (pro hac vice)
[e-mail]
Nicolas Bourtin (pro hac vice)
[e-mail]
125 Broad Street
New York, New York 10004-2498
Telephone: [phone]
Facsimile: [phone]

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Brendan P. Cullen (SBN 194057)
[e-mail]
Sverker K. Hogberg (SBN 244640)
[e-mail]
Ryan J. McCauley (SBN 264913)
[e-mail]
1870 Embarcadero Road
Palo Alto, California 94303
Telephone: [phone]
Facsimile: [phone]

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Christopher M. Viapiano (pro hac vice)
[e-mail]
1700 New York Avenue, N.W., Suite 700
Washington, D.C. 20006
Telephone: [phone]
Facsimile: [phone]

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Attorneys for Defendant Wells Fargo & Co.

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Dated: May 4, 2018

GOODWIN PROCTER LLP
By: /s/ Grant P. Fondo
Grant P. Fondo (SBN 181530)
[e-mail]
Lloyd Winawer (SBN 157823)
[e-mail]
Nicholas A. Reider (SBN 296440)
[e-mail]
135 Commonwealth Drive
Menlo Park, CA 94025
Telephone: [phone]
Facsimile: [phone]

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Richard M. Strassberg (pro hac vice)
[e-mail]
620 8th Avenue
New York, NY 10018
Telephone: [phone]
Facsimile: [phone]

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SULLIVAN
&
CROMWELL LLP

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STIPULATION AND [PROPOSED] ORDER
CASE NO. 3:16-CV-05479-JST

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Attorneys for Defendant John G. Stumpf
Dated: May 4, 2018

CLARENCE DYER & COHEN LLP
By: /s/ Nanci L. Clarence
Nanci L. Clarence (SBN 122286)
[e-mail]
Josh A. Cohen (SBN 217853)
[e-mail]
Adam F. Shearer (SBN 279073)
[e-mail]
899 Ellis Street
San Francisco, CA 94109
Telephone: [phone]
Facsimile: [phone]

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Attorneys for Defendant Timothy J. Sloan

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Dated: May 4, 2018

RAMSEY & EHRLICH LLP
By: /s/ Katherine Ann Kates
Katherine Ann Kates (SBN 155534)
[e-mail]
Miles Ehrlich (SBN 237954)
[e-mail]
Ismail Ramsey (SBN 189820)
[e-mail]
803 Hearst Avenue
Berkeley, CA 94710
Telephone: [phone]
Facsimile: [phone]

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Attorneys for Defendant John R. Shrewsberry
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Dated: May 4, 2018

WILLIAMS & CONNOLLY LLP
By: /s/ Enu A. Mainigi
Enu A. Mainigi (pro hac vice)
[e-mail]
Leslie Cooper Vigen (pro hac vice)
725 Twelfth Street, N.W.
Washington D.C. 20005
Telephone: [phone]
Facsimile: [phone]

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SKAGGS FAUCETTE LLP
Jeffrey E. Faucette (SBN 193066)
[e-mail]
One Embarcadero Center, Suite 500
San Francisco, CA 94111

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SULLIVAN
&
CROMWELL LLP

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STIPULATION AND [PROPOSED] ORDER
CASE NO. 3:16-CV-05479-JST

Telephone: [phone]
Facsimile: [phone]

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Attorneys for Defendant Carrie Tolstedt

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Dated: May 4, 2018

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ARGUEDAS, CASSMAN & HEADLEY LLP
By: /s/ Cristina C. Arguedas
Cristina C. Arguedas (SBN 87787)
[e-mail]
Laurel L. Headley (SBN 152306)
[e-mail]
Ted W. Cassman (SBN 98932)
[e-mail]
803 Hearst Avenue
Berkeley, CA 94710
Telephone: [phone]
Facsimile: [phone]

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Counsel for Defendant Michael J. Loughlin

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COBLENTZ PATCH DUFFY & BASS LLP
By: /s/ Timothy P. Crudo
Timothy P. Crudo (SBN 143835)
[e-mail]
Rees F. Morgan (SBN 229899)
[e-mail]
One Montgomery Street, Suite 3000
San Francisco, CA 94104
Telephone: [phone]
Facsimile: [phone]

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Dated: May 4, 2018

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Counsel for Defendant David Julian
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FARELLA BRAUN & MARTEL LLP
By: /s/ Douglas R. Young
Douglas R. Young (SBN 073248)
[e-mail]
C. Brandon Wisoff (SBN 121930)
[e-mail]
Janice W. Reicher (SBN 287591)
[e-mail]
Claire M. Johnson (SBN 305141)
[e-mail]
235 Montgomery Street
San Francisco, CA 94104
Telephone: [phone]
Facsimile: [phone]

Dated: May 4, 2018

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STIPULATION AND [PROPOSED] ORDER
CASE NO. 3:16-CV-05479-JST

Counsel for Defendant Avid Modjtabai

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SWANSON & MCNAMARA LLP
By: /s/ Mary G. McNamara
Mary G. McNamara (SBN 147131)
[e-mail]
Ed Swanson (SBN 159859)
[e-mail]
Britt Evangelist (SBN 260457)
[e-mail]
300 Montgomery Street, Suite 1100
San Francisco, CA 94104
Telephone: [phone]
Facsimile: [phone]

Dated: May 4, 2018

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Counsel for Defendant Hope A. Hardison

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ORRICK, HERRINGTON & SUTCLIFFE
LLP
By: /s/ Walter F. Brown
Walter F. Brown (SBN 130248)
[e-mail]
James N. Kramer (SBN 154709)
[e-mail]
Lily Becker (SBN 251145)
[e-mail]
The Orrick Building
405 Howard Street, San Francisco 94105
Telephone: [phone]

Dated: May 4, 2018

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Counsel for Defendants David M. Carroll and
James M. Strother

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MORRISON & FOERSTER LLP
By: /s/ Jordan Eth
Jordan Eth (SBN 121617)
[e-mail]
Anna Erickson White (SBN 161385)
[e-mail]
Amanda Treleaven (SBN 266934)
[e-mail]
425 Market Street, San Francisco, CA 94105
Telephone: [phone]
Facsimile: [phone]

Dated: May 4, 2018

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Counsel for Defendants John D. Baker II, John S.
Chen, Lloyd H. Dean, Elizabeth A. Duke, Susan E.
Engel, Enrique Hernandez Jr., Donald M. James,

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&
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STIPULATION AND [PROPOSED] ORDER
CASE NO. 3:16-CV-05479-JST

Cynthia H. Milligan, Federico F. Peña, James H.
Quigley, Judith M. Runstad, Stephen W. Sanger,
Susan G. Swenson, and Suzanne M. Vautrinot

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ATTESTATION PURSUANT TO CIVIL LOCAL RULE 5-1(i)(3)
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In accordance with Civil Local Rule 5-1(i)(3), I attest that concurrence in the filing of this
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document has been obtained from the signatories.

DATED: May 4, 2018

/s/ Brendan P. Cullen
Brendan P. Cullen

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STIPULATION AND [PROPOSED] ORDER
CASE NO. 3:16-CV-05479-JST

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ORDER
PURSUANT TO STIPULATION IT IS SO ORDERED.

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Dated: May 8, 2018
THE HONORABLE JON S. TIGAR
UNITED STATES DISTRICT JUDGE

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SULLIVAN
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STIPULATION AND [PROPOSED] ORDER
CASE NO. 3:16-CV-05479-JST