Kuc v. LION BIOTECHNOLOGIES, INC. et al

Filing 12

ORDER DISMISSING CASE. Signed by Judge Susan Illston on 7/20/17. (tfS, COURT STAFF) (Filed on 7/21/2017)

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1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 POMERANTZ LLP Jennifer Pafiti (SBN 282790) 468 North Camden Drive Beverly Hills, CA 90210 Telephone: (818) 532-6449 jpafiti@pomlaw.com (additional counsel on signature page) UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA ) ) AMRA KUC, Individually and on Behalf of ) ) All Others Similarly Situated, ) ) Plaintiff, ) ) v. ) LION BIOTECHNOLOGIES, INC., MANISH ) ) SINGH, MICHAEL HANDELMAN, and ) ELMA HAWKINS ) ) Defendants. ) ) No. 3:17-cv-02188-SI NOTICE OF VOLUNTARY DISMISSAL CLASS ACTION JUDGE: Hon. Susan Illston TO: ALL PARTIES AND THEIR COUNSEL OF RECORD 19 WHEREAS, the above-captioned action, Kuc v. Lion Biotechnologies, Inc. et al., 3:17- 20 cv-02188-SI (“Kuc”), filed in the United States District Court for the Northern District of 21 California on April 19, 2017, is a putative securities class action on behalf of a class consisting 22 of all persons other than Defendants who purchased or otherwise acquired common shares of 23 Lion Biotechnologies, Inc. between November 14, 2013 and April 10, 2017, seeking to recover 24 compensable damages caused by Defendants’ violations of the federal securities laws and to 25 pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 26 10b-5 promulgated thereunder (Dkt. No. 1 at ¶ 1); 27 28 1 NOT. OF VOLUNTARY DISMISSAL 3:17-cv-02188-SI 1 WHEREAS, on April 14, 2017, prior to the filing of the Kuc action, a substantially similar 2 action was filed in the United States District Court for the Northern District of California, under 3 style of Desilvio v. Lion Biotechnologies, Inc. et al., 3:17-cv-02086-SI (“Desilvio”), alleging 4 identical claims against the same Defendants, on behalf of the same putative class described in 5 the Kuc action (Desilvio Dkt. No. 1 at ¶ 1); 6 WHEREAS, the Desilvio action remains pending at the time of this submission; 7 WHEREAS, no Defendant in the Kuc action has served an answer or motion for summary 8 9 10 judgment; and WHEREAS, due to the pendency of the Desilvio action, dismissal of the Kuc action will not prejudice members of the class described in the two actions; 11 NOTICE IS HEREBY GIVEN that, pursuant to Federal Rule of Civil Procedure 12 41(a)(1)(A), Plaintiff Amra Kuc hereby voluntarily dismisses the above-captioned action, without 13 prejudice, as to all defendants. 14 15 16 17 18 19 20 Dated: July 20, 2017 Respectfully submitted, POMERANTZ LLP /s/ Jennifer Pafiti Jennifer Pafiti (SBN 282790) 468 North Camden Drive Beverly Hills, CA 90210 Telephone: (818) 532-6449 jpafiti@pomlaw.com 21 22 23 24 25 26 POMERANTZ LLP Jeremy A. Lieberman J. Alexander Hood II 600 Third Avenue, 20th Floor New York, New York 10016 Telephone: (212) 661-1100 Facsimile: (212) 661-8665 jalieberman@pomlaw.com ahood@pomlaw.com 27 Counsel for Plaintiff 28 2 NOT. OF VOLUNTARY DISMISSAL 3:17-cv-02188-SI 1 PROOF OF SERVICE 2 I hereby certify that on July 30, 2017, a copy of the foregoing was filed electronically and 3 served by mail on anyone unable to accept electronic filing. Notice of this filing will be sent by 4 e-mail to all parties by operation of the Court’s electronic filing system or by mail to anyone 5 unable to accept electronic filing as indicated on the Notice of Electronic Filing. Parties may 6 access this filing through the Court’s CM/ECF System. 7 /s/ Jennifer Pafiti Jennifer Pafiti 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 3 NOT. OF VOLUNTARY DISMISSAL 3:17-cv-02188-SI 1 2 3 4 5 6 7 8 9 10 11 12 UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA ) ) AMRA KUC, Individually and on Behalf of ) ) All Others Similarly Situated, ) ) Plaintiff, ) ) v. ) LION BIOTECHNOLOGIES, INC., MANISH ) ) SINGH, MICHAEL HANDELMAN, and ) ELMA HAWKINS ) ) Defendants. ) ) ) No. 3:17-cv-02188-SI [PROPOSED] ORDER OF DISMISSAL CLASS ACTION JUDGE: Hon. Susan Illston 13 WHEREAS, the above-captioned action, Kuc v. Lion Biotechnologies, Inc. et al., 3:1714 cv-02188-SI (“Kuc”), filed in the United States District Court for the Northern District of 15 California on April 19, 2017, is a putative securities class action on behalf of a class consisting 16 17 18 19 20 21 22 23 24 25 26 of all persons other than Defendants who purchased or otherwise acquired common shares of Lion Biotechnologies, Inc. between November 14, 2013 and April 10, 2017, seeking to recover compensable damages caused by Defendants’ violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder (Dkt. No. 1 at ¶ 1); WHEREAS, on April 14, 2017, prior to the filing of the Kuc action, a substantially similar action was filed in the United States District Court for the Northern District of California, under style of Desilvio v. Lion Biotechnologies, Inc. et al., 3:17-cv-02086-SI (“Desilvio”), alleging identical claims against the same Defendants, on behalf of the same putative class described in the Kuc action (Desilvio Dkt. No. 1 at ¶ 1); WHEREAS, the Desilvio action remains pending; 27 28 1 [PROPOSED] ORDER OF DISMISSAL 3:17-cv-02188-SI 1 2 3 4 WHEREAS, no Defendant in the Kuc action has served an answer or motion for summary judgment; and WHEREAS, due to the pendency of the Desilvio action, dismissal of the Kuc action will not prejudice members of the class described in the two actions; 5 IT IS HEREBY ORDERED THAT: 6 The Kuc action is dismissed without prejudice as to all Defendants. 7 8 SO ORDERED. 9 10 11 July 20 Dated: ___________________, 2017 San Francisco, California 12 13 14 Honorable Susan Illston United States District Judge Northern District of California 15 16 17 18 19 20 21 22 23 24 25 26 27 28 2 [PROPOSED] ORDER OF DISMISSAL 3:17-cv-02188-SI

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