Kovtun v. Vivus, Inc. et al

Filing 43

STIPULATION AND ORDER SETTING SCHEDULE AND EXPANDING PAGE LIMITS FOR BRIEFING ON DEFENDANTS' MOTION TO DISMISS SECOND AMENDED COMPLAINT AS MODIFIED BY THE COURT re 42 Stipulation filed by Wesley W. Day, Leland F. Wilson, Vivus, Inc. Signed by Judge Phyllis J. Hamilton on 11/23/11. (nah, COURT STAFF) (Filed on 11/23/2011)

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1 2 3 4 5 6 7 8 9 10 11 NORMAN J. BLEARS (Bar No. 95600) MICHAEL L. CHARLSON (Bar No. 122125) HOGAN LOVELLS US LLP 525 University Avenue, 4th Floor Palo Alto, California 94301 Telephone: (650) 463-4000 Facsimile: (650) 463-4199 norman.blears@hoganlovells.com michael.charlsona@hoganlovells.com BENJAMIN T. DIGGS (Bar No. 245904) HOGAN LOVELLS US LLP Four Embarcadero Center, 22nd Floor San Francisco, California 94111 Telephone: (415) 374-2300 Facsimile: (415) 374.2499 benjamin.diggs@hoganlovells.com Attorneys for Defendants VIVUS, INC., LELAND F. WILSON and WESLEY W. DAY, Ph.D. 12 UNITED STATES DISTRICT COURT 13 NORTHERN DISTRICT OF CALIFORNIA 14 OAKLAND DIVISION 15 16 17 MERLE KOVTUN, Individually and on Behalf of Others Similarly Situated,, Plaintiff, 18 19 v. 20 VIVUS, INC., LELAND F. WILSON, and WESLEY W. DAY, PH.D., Case No. 4:10-cv-04957-PJH STIPULATION AND [PROPOSED] ORDER SETTING SCHEDULE AND EXPANDING PAGE LIMITS FOR BRIEFING ON DEFENDANTS’ MOTION TO DISMISS SECOND AMENDED COMPLAINT AS MODIFIED BY THE COURT The Honorable Phyllis J. Hamilton 21 Defendant. 22 23 24 Pursuant to Local Rule 7-12, defendants VIVUS, Inc., Leland F. Wilson, and Wesley W. 25 Day, Ph.D. (“Defendants”) and Lead Plaintiff John Ingram (collectively, the “Parties”), through 26 their undersigned counsel, hereby stipulate to and seek the Court’s approval of an order 27 establishing a schedule and expanding the page limits for briefing on Defendants’ anticipated 28 motion to dismiss Lead Plaintiff’s Second Amended Complaint for Violations of Federal Stip. and [Proposed] Order Re Schedule and Page Limits for Def.'s Mtn to Dismiss Second Amended Cmplt. Case No. 10-cv-4957-PJH \\065714/000003 - 105200 v1 1 Securities Laws (the “Second Amended Complaint”). 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 RECITALS WHEREAS, on October 12, 2011, the Court heard argument on and granted Defendants’ motion to dismiss Lead Plaintiff’s Amended Class Action Complaint for Violations of the Federal Securities Laws with leave to amend within 28 days, which ruling was memorialized in an order entered on October 13, 2011 (Dkt. 40) (the “October 13 Order”); WHEREAS, on November 9, 2011, Lead Plaintiff filed his Second Amended Complaint for Violations of Federal Securities Laws (Dkt. 41) (the “Second Amended Complaint”); WHEREAS, the Court’s October 13 Order granted Defendants 28 days from filing of the Second Amended Complaint within which to respond to the Second Amended Complaint; WHEREAS, Defendants intend to move to dismiss the Second Amended Complaint, which is 182 pages in length; WHEREAS, Defendants believe that, because of the length of the Second Amended Complaint and the upcoming holidays, Defendants will need some additional time and pages to prepare their briefs so that their arguments are set forth in a manner fully responsive to the allegations; and WHEREAS, Lead Plaintiff believes that he will also need additional time and pages to respond fully to Defendants’ motion to dismiss; and WHEREAS, subject to the Court’s approval, the Parties do not oppose the others’ proposed timing and page limits for briefing of a motion to dismiss the Second Amended Complaint as set forth below; 22 23 24 25 26 27 STIPULATION IT IS THEREFORE STIPULATED AND AGREED by the Parties, through their respective counsel of record, subject to the Court’s approval, that the following schedule and page limits for the briefing of Defendants’ anticipated motion to dismiss the Second Amended Complaint will be as follows: (a) Defendants’ opening brief in support of the motion to dismiss shall be filed on or 28 Stip. and [Proposed] Order Re Schedule and Page Limits for Def.'s Mtn to Dismiss Second Amended Cmplt. Case No. 10-cv-4957-PJH -1- 1 2 3 4 5 6 7 8 before December 30, 2011 and shall be no longer than 35 pages; (b) Lead Plaintiff’s opposition to Defendants’ motion to dismiss shall be filed on or before February 22, 2012 and shall be no longer than 40 pages; (c) Defendants reply brief in support of the motion to dismiss shall be filed on or before March 30, 2012 and shall be no longer than 25 pages; and (d) Defendants’ motion to dismiss shall be noticed for hearing on the Court’s regular civil law and motion calendar for April 18, 2012. IT IS SO STIPULATED. 9 10 DATED: November 22, 2011 HOGAN LOVELLS US LLP By 11 12 /s/ Michael L. Charlson MICHAEL L. CHARLSON Attorneys for Defendants VIVUS, INC., LELAND F. WILSON and WESLEY W. DAY, Ph.D. 13 14 15 DATED: November 22, 2011 16 17 18 19 JEFF S. WESTERMAN (Bar No. 94559) NICOLE M. DUCKETT (Bar No. 198168) MILBERG LLP One California Plaza 300 South Grand Avenue, Suite 3900 Los Angeles, California 90071 Telephone: (213) 617-1200 Facsimile: (213) 617-1975 20 21 By /s/ David A.P. Brower 22 BROWER PIVEN DAVID A.P. BROWER (Admitted Pro Hac Vice) 488 Madison Avenue Eighth Floor New York, New York 10022 Telephone: (212) 501-9000 Facsimile: (212) 501-0300 23 24 25 26 27 Attorneys for Lead Plaintiff 28 Stip. and [Proposed] Order Re Schedule and Page Limits for Def.'s Mtn to Dismiss Second Amended Cmplt. Case No. 10-cv-4957-PJH -2- 1 2 3 4 I, Michael L. Charlson, am the ECF User whose ID and password are being used to file this Stipulation And [Proposed] Order Setting Schedule and Expanding Page Limits For Briefing on Defendants’ Motion To Dismiss Plaintiff’s Second Amended Complaint. In compliance with General Order 45, X.B., I hereby attest that David A.P. Brower has concurred in this filing. 5 6 /s/Michael L. Charlson MICHAEL L. CHARLSON 7 8 *** 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 Stip. and [Proposed] Order Re Schedule and Page Limits for Def.'s Mtn to Dismiss Second Amended Cmplt. Case No. 10-cv-4957-PJH -3- 1 2 3 4 5 6 7 8 9 10 11 12 13 ORDER PURSUANT TO STIPULATION, and good cause appearing, the schedule and page limits applicable to briefing on Defendants’ anticipated motion to dismiss Lead Plaintiff Second Amended Complaint will be as follows: (a) Defendants’ opening brief in support of the motion to dismiss shall be filed on or 30 before December 30, 2011 and shall be no longer than 35 pages; (b) Lead Plaintiff’s opposition to Defendants’ motion to dismiss shall be filed on or before 30 February 22, 2012 and shall be no longer than 40 pages; (c) Defendants reply brief in support of the motion to dismiss shall be filed on or before 20 March 30, 2012 and shall be no longer than 25 pages; and (d) Defendants’ motion to dismiss shall be noticed for hearing on the Court’s regular civil law and motion calendar for April 18, 2012. IT IS SO ORDERED. 14 S RT Judge P ER H 20 21 22 23 24 25 26 27 28 Stip. and [Proposed] Order Re Schedule and Page Limits for Def.'s Mtn to Dismiss Second Amended Cmplt. Case No. 10-cv-4957-PJH -4- n Hamilto FO hyllis J. NO 19 R NIA ____________________________________________ HONORABLE PHYLLISD HAMILTON DERE J. SO OR IT ISDistrict Judge United States LI 18 ISTRIC ES D TC AT T A 17 11/23/11 DATED: ____________________ RT U O 16 UNIT ED 15 N F D IS T IC T O R C

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