Romaneck v. Safeway Inc. et al

Filing 38

ORDER GRANTING 37 STIPULATION of Dismissal. Signed by Judge JEFFREY S. WHITE on 9/26/14. (jjoS, COURT STAFF) (Filed on 9/26/2014)

Case4:14-cv-02015-JSW Document37 Filed09/25/14 Page1 of 7

LIONEL Z. GLANCY (#134180)

1 MICHAEL GOLDBERG (#188669)
2 LOUIS N. BOYARSKY (#263379)

GLANCY BINKOW & GOLDBERG LLP

3 1925 Century Park East, Suite 2100
Los Angeles, California 90067
[phone]
Facsimile:
[phone]
5 E-mail:
[e-mail]
[e-mail]
6
[e-mail]

4 Telephone:

7
Counsel for Plaintiff Lawrence Romaneck

8 [Additional Counsel on Signature Page]
9
UNITED STATES DISTRICT COURT
NORTHERN DISTRICT OF CALIFORNIA
OAKLAND DIVISION

10
11

LAWRENCE ROMANECK, Individually and

12 on Behalf of All Others Similarly Situated,
13

Plaintiff,

14

Case No. 4:14-cv-02015-JSW
CLASS ACTION

v.

15 SAFEWAY, INC., ROBERT EDWARDS,
JANET

E.

GROVE,

MOHAN

STIPULATION AND [PROPOSED] ORDER
OF DISMISSAL

GYANI,

16 FRANK C. HERRINGER, GEORGE J.
MARROW, KENNETH W. ODER, T. GARY

17 ROGERS, ARUN SARIN, WILLIAM Y.
TAUSCHER,

CERBERUS

CAPITAL

18 MANAGEMENT L.P., AB ACQUISITION

LLC, ALBERSTON’S HOLDINGS LLC,
LLC,
and
SATURN
ACQUISITION MERGER SUB, INC.,

19 ALBERTSON’S
20

Defendants.

21
22
23
24
25
26
27
28

292275.1

STIPULATION AND [PROPOSED] ORDER OF DISMISSAL
CASE NO. 4:14-cv-02015-JSW

Case4:14-cv-02015-JSW Document37 Filed09/25/14 Page2 of 7

Plaintiff Lawrence Romaneck (“Plaintiff”), and defendants Safeway Inc., Robert L.

1

2 Edwards, T. Gary Rogers, William Y. Tauscher, Mohan Gyani, Arun Sarin, Janet E. Grove, Frank
3 C. Herringer, Kenneth W. Oder, George J. Morrow, AB Acquisition LLC, Albertson's Holdings
4 LLC, Albertson's LLC, Saturn Acquisition Merger Sub, Inc., and Cerberus Capital Management
5 L.P. (collectively, “Defendants”), through their respective counsel, hereby stipulate as follows:
6

WHEREAS, Plaintiff commenced the above-captioned action by filing its Complaint on

7
8

May 1, 2014;
WHEREAS, a related action was filed before the Delaware Court of Chancery entitled In

9

10 re Safeway Inc. Stockholders Litigation, Consolidated C.A. No. 9445-VCL (the "Delaware
11 Action");
12
13
14

WHEREAS, the parties to the Delaware Action reached an agreement in principle to
resolve the Delaware Action and signed a Memorandum of Understanding on June 13, 2014 (the
"Delaware Settlement");

15
WHEREAS, Plaintiff reviewed the terms of the Delaware Settlement and agrees that the

16

17 results obtained are beneficial to the proposed class of Safeway shareholders;
WHEREAS, Plaintiff reached an agreement with the plaintiffs in Delaware whereby

18

19 Plaintiff will participate in the Delaware Settlement and submit the question of the fees to which
20 they may be entitled to the exclusive jurisdiction of the Delaware Chancery Court, under the
21

Stipulation of Settlement submitted therein, and whereby this action would be stayed pending the

22
23

entry of an order granting final approval of the Delaware Settlement;
WHEREAS, pursuant to the parties’ stipulation, on July 8, 2014 this Court agreed to stay

24

25 further proceedings in this Action.
26

WHEREAS, on Wednesday, September 17, 2014, the Delaware Chancery Court granted

27 final approval of the Delaware Settlement.
28

292275.1

STIPULATION AND [PROPOSED] ORDER OF DISMISSAL
CASE NO. 4:14-cv-02015-JSW
1

Case4:14-cv-02015-JSW Document37 Filed09/25/14 Page3 of 7

1
THEREFORE, IT IS HEREBY STIPULATED AND AGREED, by and through the

2

3 parties’ respective counsel of record, that the above-captioned action, and each claim for relief
4 asserted therein, shall be dismissed, with prejudice. Each party shall bear their own fees and costs,
5 except as provided by agreement of the parties.
6
IT IS SO STIPULATED

7

Dated: September 25, 2014

8
9
10

By: Allison S. Davidson
ALLISON S. DAVIDSON

11

140 Scott Drive
Menlo Park, CA 94025
Telephone: [phone]
Facsimile: [phone]
[e-mail]
[e-mail]
[e-mail]

12
13
14
15

Counsel for defendants Safeway Inc., Robert L.
Edwards, T. Gary Rogers, William Y.
Tauscher, Mohan Gyani, Arun Sarin, Janet E.
Grove, Frank C. Herringer, Kenneth W. Oder,
and George J. Morrow

16
17
18
19

Dated: September 25, 2014

20
21
22

DECHERT LLP
MATTHEW L. LARRABEE
JOSHUA D. N. HESS
MARK P. DIPERNA
BRIAN C. RAPHEL
By: Joshua D.N. Hess
JOSHUA D. N. HESS

23
24

One Bush Street, Suite 1600
San Francisco, CA 94104
Telephone: [phone]
Facsimile: [phone]
[e-mail]
[e-mail]
[e-mail]
[e-mail]

25
26
27
28

LATHAM & WATKINS, LLP
PATRICK E. GIBBS
ALLISON S. DAVIDSON
CARA A. GRAY

292275.1

STIPULATION AND [PROPOSED] ORDER OF DISMISSAL
CASE NO. 4:14-cv-02015-JSW
2

Case4:14-cv-02015-JSW Document37 Filed09/25/14 Page4 of 7

Counsel for defendants AB Acquisition LLC,
Albertson's Holdings LLC, Albertson's LLC,
and Saturn Acquisition Merger Sub, Inc.

1
2
3

Dated: September 25, 2014

4

FOLGER LEVIN LLP
ROGER B. MEAD
By: Roger B. Mead
ROGER B. MEAD

5

199 Fremont Street, 20th Floor
San Francisco, CA 94105
Telephone: [phone]
Facsimile: [phone]

6
7
8

Counsel for defendant Cerberus Capital
Management L.P.

9
10 Dated: September 25, 2014
11
12
13

GLANCY BINKOW & GOLDBERG LLP
LIONEL Z. GLANCY
MICHAEL GOLDBERG
LOUIS N. GOLDBERG
By: Lionel Z. Glancy
LIONEL Z. GLANCY

14

1925 Century Park East, Suite 2100
Los Angeles, CA 90067
Telephone: [phone]
Facsimile: [phone]
[e-mail]

15
16
17

Counsel for Plaintiff Lawrence Romaneck

18
19

ORDER

20

PURSUANT TO STIPULATION, IT IS SO ORDERED.

21
22 Dated: ___________________________
September 26, 2014
23

___________________________________
THE HONORABLE JEFFREY S. WHITE
United States District Judge

24
25
26
27
28

292275.1

STIPULATION AND [PROPOSED] ORDER OF DISMISSAL
CASE NO. 4:14-cv-02015-JSW
3