In re Google Inc. Shareholder Derivative Litigation

Filing 24

STIPULATION AND ORDER REGARDING ADR CERTIFICATION AND SELECTION PROCESS re 22 Stipulation, filed by K. Ram Shriram, Eric E Schmidt, Shirley M Tilghman, Sergey Brin, Google, Inc., Ann Mather, L. John Doerr, Larry Page, Nikesh Arora, Paul S Otellini, Patrick Pichette, John L. Hennessy. Signed by Judge Phyllis J. Hamilton on 10/25/11. (nah, COURT STAFF) (Filed on 10/25/2011)

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1 2 3 4 5 6 7 8 BORIS FELDMAN, State Bar No. 128838 Email: boris.feldman@wsgr.com ELIZABETH C. PETERSON, State Bar No. 194561 Email: epeterson@wsgr.com CHERYL FOUNG, State Bar No. 108868 Email: cfoung@wsgr.com DIANE M. WALTERS, State Bar No. 148136 Email: dwalters@wsgr.com BRYSON S. SANTAGUIDA, State Bar No. 255173 Email: bsantaguida@wsgr.com WILSON SONSINI GOODRICH & ROSATI Professional Corporation 650 Page Mill Road Palo Alto, CA 94304-1050 Telephone: (650) 493-9300 Facsimile: (650) 565-5100 9 10 Attorneys for Defendants and Nominal Defendant Google Inc. 11 12 UNITED STATES DISTRICT COURT 13 NORTHERN DISTRICT OF CALIFORNIA 14 OAKLAND DIVISION 15 16 In re GOOGLE INC. SHAREHOLDER DERIVATIVE LITIGATION ) ) ) ) ) ) ) ) ) ) ) ) 17 18 This Document Relates To: 19 ALL ACTIONS 20 21 22 23 24 25 26 27 28 STIPULATION AND [PROPOSED] ORDER RE ADR CERTIFICATION AND SELECTION PROCESS MASTER FILE NO. CV-11-04248-PJH -1- Master File No. CV-11-04248-PJH STIPULATION AND [PROPOSED] ORDER REGARDING ADR CERTIFICATION AND SELECTION PROCESS DATE: TIME: JUDGE: N/A N/A Hon. Phyllis J. Hamilton 1 2 3 Pursuant to Civil L.R. 16-8 and ADR L.R. 3-5, counsel report that they have met and conferred regarding ADR and have reached the following stipulation: On August 29, 2011, three shareholder derivative actions were filed purportedly on 4 behalf of Google Inc. (“Google”). The parties subsequently filed a Stipulation and [Proposed] 5 Order Consolidating Actions and Appointing Lead Counsel, which was entered by the Court on 6 September 19, 2011 (“September 19, 2011 Order”). Pursuant to the schedule set in the 7 September 19, 2011 Order, plaintiffs’ Consolidated Amended Complaint is due to be filed on 8 October 24, 2011. Defendants intend to file motions to dismiss asserting, among other things, 9 that plaintiffs lack standing to pursue this action. In light of the current procedural posture, the 10 parties respectfully believe that the ADR certification and selection process is premature at this 11 time, particularly given that the operative complaint has not yet been filed and the exact 12 identities of the parties is not yet known. The parties agree that private mediation at some point 13 during the course of this litigation may be appropriate if the Court finds that plaintiffs have 14 standing and that the yet to be filed operative complaint states a claim. 15 16 Dated: October 18, 2011 17 Respectfully submitted, WILSON SONSINI GOODRICH & ROSATI Professional Corporation 650 Page Mill Road Palo Alto, CA 94304-1050 18 19 20 21 By: /s/ Elizabeth C. Peterson Elizabeth C. Peterson 22 Attorneys for Defendants and Nominal Defendant Google Inc. 23 24 25 26 27 28 STIPULATION AND [PROPOSED] ORDER RE ADR CERTIFICATION AND SELECTION PROCESS MASTER FILE NO. CV-11-04248-PJH -2- 1 Dated: October 18, 2011 2 Respectfully submitted, ROBBINS GELLER RUDMAN & DOWD LLP DARREN J. ROBBINS TRAVIS E. DOWNS III BENNY C. GOODMAN III ERIK W. LUEDEKE 3 4 5 6 By: /s/ Travis E. Downs III Travis E. Downs III 7 8 655 West Broadway, Suite 1900 San Diego, CA 92101-3301 Telephone: 619/231-1058 619/231-7423 (fax) 9 10 ROBBINS GELLER RUDMAN & DOWD LLP SHAWN A. WILLIAMS Post Montgomery Center One Montgomery Street, Suite 1800 San Francisco, CA 94104 Telephone: 415/288-4545 415/288-4534 (fax) 11 12 13 14 15 POMERANTZ HAUDEK GROSSMAN & GROSS LLP MARC I. GROSS JEREMY A. LIEBERMAN JASON S. COWART FEI-LU QIAN 100 Park Avenue New York, NY 10017-5516 Telephone: 212/661-1100 212/661-8665 (fax) 16 17 18 19 20 POMERANTZ HAUDEK GROSSMAN & GROSS LLP PATRICK V. DAHLSTROM Ten South La Salle Street, Suite 3505 Chicago, IL 60603 Telephone: 312/377-1181 312/377-1184 (fax) 21 22 23 24 Lead Attorneys for Plaintiffs 25 26 27 I, Elizabeth C. Peterson, am the ECF user whose ID and password are being used to file this STIPULATION AND [PROPOSED] ORDER REGARDING ADR CERTIFICATION AND SELECTION PROCESS. In compliance with General Order 45, X.B., I hereby attest that Travis E. Downs III has concurred in this filing. 28 STIPULATION AND [PROPOSED] ORDER RE ADR CERTIFICATION AND SELECTION PROCESS MASTER FILE NO. CV-11-04248-PJH -3- 1 2 ORDER PURSUANT TO STIPULATION, IT IS SO ORDERED. 3 4 DATED: 10/25/11 RT U O UNITED STATES DISTRICT JUDGE RT 9 Ju ER 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 STIPULATION AND [PROPOSED] ORDER RE ADR CERTIFICATION AND SELECTION PROCESS MASTER FILE NO. CV-11-04248-PJH -4- A H 10 amilton llis J. H dge Phy NO 8 R NIA 7 DERED O OR IT IS S FO 6 LI UNIT ED S 5 S DISTRICT TE PHYLLIS J. HAMILTON C THE HONORABLE TA N F D IS T IC T O R C

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