Shaev v. Baker, II et al

Filing 81

STIPULATION AND ORDER re 80 STIPULATION WITH PROPOSED ORDER SETTING BRIEFING SCHEDULE filed by Fire & Police Pension Association of Colorado. Signed by Judge Jon S. Tigar on February 8, 2017. (wsn, COURT STAFF) (Filed on 2/8/2017)

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1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 Richard M. Heimann (063607) rheimann@lchb.com Katherine C. Lubin (259826) kbenson@lchb.com LIEFF CABRASER HEIMANN & BERNSTEIN, LLP 275 Battery Street, 29th Floor San Francisco, CA 94111-3339 Telephone: (415) 956-1000 Facsimile: (415) 956-1008 Attorneys for Plaintiff Fire & Police Pension Association of Colorado and CoLead Counsel Maya Saxena (admitted pro hac vice) msaxena@saxenawhite.com Joseph E. White, III (admitted pro hac vice) jwhite@saxenawhite.com Lester R. Hooker (241590) lhooker@saxenawhite.com Jorge A. Amador (237800) jamador@saxenawhite.com SAXENA WHITE P.A. 5200 Town Center Circle, Suite 601 Boca Raton, FL 33486 Telephone: (561) 394-3399 Facsimile: (561) 394-3382 [Additional Counsel on Signature Page] Attorneys for Plaintiff The City of Birmingham Retirement and Relief System and Co-Lead Counsel 18 UNITED STATES DISTRICT COURT 19 NORTHERN DISTRICT OF CALIFORNIA 20 Lead Case No. 3:16-cv-05541-JST 21 22 23 IN RE WELLS FARGO & COMPANY SHAREHOLDER DERIVATIVE LITIGATION STIPULATION AND [PROPOSED] ORDER SETTING BRIEFING SCHEDULE The Honorable Jon S. Tigar 24 25 WHEREAS, on January 12, 2017, the Court appointed Fire and Police Pension 26 Association of Colorado and The City of Birmingham Retirement and Relief System as Lead 27 Plaintiffs, and appointed Lieff Cabraser Heimann & Bernstein LLP and Saxena White P.A. as Co- 28 Lead Counsel [Dkt. 70]; 1 STIPULATION AND PROPOSED ORDER SETTING BRIEFING SCHEDULE CASE NO. 3:16-CV-05541-JST 1 WHEREAS, pursuant to the Court’s December 12, 2016 Order, Lead Plaintiffs’ 2 Consolidated Complaint shall be filed March 13, 2017, Defendants’ responses to the 3 Consolidated Complaint shall be filed sixty days following the filing of the Consolidated 4 Complaint, oppositions to any motions filed by Defendants shall be filed sixty days after the 5 filing of the motions, and reply briefs shall be filed within thirty days thereafter [Dkt. 39]; 6 WHEREAS, the parties have conferred and agree that the interests of expediting 7 consideration of the threshold demand futility issue in this matter, while preserving the 8 Defendants’ right to assert other defenses if necessary (including by motion or otherwise), would 9 be best served by modifying the deadlines previously set in the December 12, 2016 Order; 10 NOW THEREFORE, IT IS HEREBY STIPULATED AND AGREED, between Lead 11 Plaintiffs, by and through their counsel, and Defendants, by and through their counsel, that the 12 following schedule shall be in effect for the filing of the Consolidated Complaint and briefing on 13 the question of whether Lead Plaintiffs’ Consolidated Complaint adequately pleads demand 14 futility: 15 Last Day to File Consolidated Complaint: February 24, 2017 16 Last Day to File Motion to Dismiss on Demand Futility: March 21, 2017 17 Last Day to File Response to Motion to Dismiss: April 7, 2017 18 Last Day to File Reply to Responses: April 21, 2017 April 14, 2017 19 Hearing on Motion to Dismiss: May 4, 2017, 2 pm 20 Dated: February 8, 2017 LIEFF CABRASER HEIMANN & BERNSTEIN, LLP 21 22 23 24 25 26 By: /s/ Richard M. Heimann Richard M. Heimann (063607) rheimann@lchb.com Katherine C. Lubin (259826) kbenson@lchb.com LIEFF CABRASER HEIMANN & BERNSTEIN, LLP 275 Battery Street, 29th Floor San Francisco, CA 94111-3339 Telephone: (415) 956-1000 Facsimile: (415) 956-1008 27 28 2 STIPULATION AND PROPOSED ORDER SETTING BRIEFING SCHEDULE CASE NO. 3:16-CV-05541-JST 1 2 3 4 5 6 7 8 9 Steven E. Fineman (CA Bar No. 140335) sfineman@lchb.com Joy A. Kruse (CA Bar No. 142799) jakruse@lchb.com Daniel P. Chiplock (Pro hac vice application to be filed) dchiplock@lchb.com Nicholas Diamand (Pro hac vice) ndiamand@lchb.com Michael J. Miarmi (Pro hac vice application to be filed) mmiarmi@lchb.com Lieff Cabraser Heimann & Bernstein, LLP 250 Hudson Street, 8th Floor New York, NY 10013-1413 Telephone: (212) 355-9500 Facsimile: (212) 355-9592 Attorneys for Plaintiff Fire & Police Pension Association of Colorado and Co-Lead Counsel 10 11 12 13 14 15 16 17 18 Maya Saxena (admitted pro hac vice) msaxena@saxenawhite.com Joseph E. White, III (admitted pro hac vice) jwhite@saxenawhite.com Lester R. Hooker (241590) lhooker@saxenawhite.com Jorge A. Amador (237800) jamador@saxenawhite.com Adam D. Warden (Pro hac vice application to be filed) awarden@saxenawhite.com Dianne M. Anderson (CA Bar No. 103670) danderson@saxenawhite.com SAXENA WHITE P.A. 5200 Town Center Circle, Suite 601 Boca Raton, FL 33486 Telephone: (561) 394-3399 Facsimile: (561) 394-3382 19 20 Attorneys for Plaintiff The City of Birmingham Retirement and Relief System and Co-Lead Counsel 21 22 23 24 25 26 27 28 3 STIPULATION AND PROPOSED ORDER SETTING BRIEFING SCHEDULE CASE NO. 3:16-CV-05541-JST 1 SULLIVAN & CROMWELL LLP 2 3 By: 4 Brendan P. Cullen (SBN 194057) (cullenb@sullcrom.com) Sverker K. Hogberg (SBN 244640) (hogbergs@sullcrom.com) Ryan J. McCauley (SBN 264913) (mccauleyr@sullcrom.com) SULLIVAN & CROMWELL LLP 1870 Embarcadero Road Palo Alto, California 94303 Telephone: (650) 461-5600 Facsimile: (650) 461-5700 5 6 7 8 9 10 /s/ Brendan P. Cullen Attorneys for Nominal Defendant Wells Fargo & Co. 11 GOODWIN PROCTER LLP 12 13 By: 14 Richard M. Strassberg (pro hac vice forthcoming) (rstrassberg@goodwinlaw.com) GOODWIN PROCTER LLP 620 8th Avenue New York, NY 10018 Telephone: (212) 813-8800 Facsimile: (212) 355-3333 15 16 17 18 19 20 21 22 /s/ Grant P. Fondo Grant P. Fondo (gfondo@goodwinlaw.com) GOODWIN PROCTER LLP 135 Commonwealth Drive Menlo Park, CA 94025 Telephone: (650) 752-3100 Facsimile: (650) 853-1038 Attorneys for Defendant John G. Stumpf 23 24 25 26 27 28 4 STIPULATION AND PROPOSED ORDER SETTING BRIEFING SCHEDULE CASE NO. 3:16-CV-05541-JST 1 CLARENCE DYER & COHEN LLP 2 3 By: 4 8 Nanci L. Clarence (nclarence@clarencedyer.com) Josh A. Cohen (jcohen@clarencedyer.com) CLARENCE DYER & COHEN LLP 899 Ellis Street San Francisco, CA 94109 Telephone: (415) 749-1800 Facsimile: (415) 749-1694 9 Attorneys for Defendant Timothy J. Sloan 5 6 7 /s/ Nancy L. Clarence 10 RAMSEY & EHRLICH LLP 11 12 By: 13 17 Miles Ehrlich (miles@ramsey-ehrlich.com) Ismail Ramsey (izzy@ramsey-ehrlich.com) RAMSEY & EHRLICH LLP 803 Hearst Avenue Berkeley, CA 94710 Telephone: (510) 548-3600 Facsimile: (510) 291-3060 18 Attorneys for Defendant John R. Shrewsberry 14 15 16 /s/ Ismail Ramsey 19 WILLIAMS & CONNOLLY LLP 20 21 By: 22 Enu A. Mainigi (pro hac vice forthcoming) (emainigi@wc.com) WILLIAMS & CONNOLLY LLP 725 Twelfth Street, N.W. Washington D.C. 20005 Telephone: (202) 434-5000 Facsimile: (202) 434-5029 Attorneys for Defendant Carrie Tolstedt 23 24 25 26 /s/ Enu A. Mainigi 27 28 5 STIPULATION AND PROPOSED ORDER SETTING BRIEFING SCHEDULE CASE NO. 3:16-CV-05541-JST 1 SHEARMAN & STERLING LLP 2 3 By: 4 Jaculin Aaron (jaaron@shearman.com) SHEARMAN & STERLING LLP 599 Lexington Avenue New York, NY 10022 Telephone: (212) 848-4000 Facsimile: (212) 848-7179 5 6 7 8 9 10 /s/ Jaculin Aaron Attorneys for Defendants John D. Baker II, Elaine L. Chao, 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, Stephen W. Sanger, Susan G. Swenson and Suzanne M. Vautrinot 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 6 STIPULATION AND PROPOSED ORDER SETTING BRIEFING SCHEDULE CASE NO. 3:16-CV-05541-JST 1 ATTESTATION PURSUANT TO GENERAL ORDER 45 2 3 4 I, Richard M. Heimann, in compliance with General Order 45, Section X(B), hereby attest that I obtained the concurrence of all of the above-listed counsel in filing this document. 5 6 DATED: February 8, 2017 /s/ Richard M. Heimann Richard M. Heimann 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 7 STIPULATION AND PROPOSED ORDER SETTING BRIEFING SCHEDULE CASE NO. 3:16-CV-05541-JST 1 ORDER 2 3 THE FOREGOING STIPULATION IS APPROVED AND IT IS SO ORDERED. 4 5 Dated: February 8, 2017 THE HONORABLE JON S. TIGAR UNITED STATES DISTRICT JUDGE 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 8 STIPULATION AND PROPOSED ORDER SETTING BRIEFING SCHEDULE CASE NO. 3:16-CV-05541-JST

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