Baird v. BlackRock Institutional Trust Company, N.A. et al

Filing 47

ORDER by Judge Haywood S. Gilliam, Jr. Granting 44 Stipulation of dismissal, without prejudice, as to Jason Herman. (ndrS, COURT STAFF) (Filed on 7/12/2017)

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1 2 3 4 5 6 7 8 9 10 Brian Boyle (S.B. #126576) bboyle@omm.com Randall W. Edwards (S.B. #179053) redwards@omm.com Meaghan Vergow (admitted pro hac vice) mvergow@omm.com O’MELVENY & MYERS LLP 1625 Eye Street, NW Washington, DC 20006-4061 Telephone: +1 202 383 5300 Facsimile: +1 202 383 5414 Karen L. Handorf (admitted Pro Hac Vice) Michelle C. Yau (admitted Pro Hac Vice) Julia Horwitz (admitted Pro Hac Vice) COHEN MILSTEIN SELLERS & TOLL PLLC 1100 New York Ave. NW ● Fifth Floor Washington, DC 20005 Telephone: (202) 408-4600 Fax: (202) 408-4699 Attorneys for Defendants BlackRock Institutional Trust Company, N.A.; BlackRock, Inc.; the BlackRock, Inc. Retirement Committee; Jason Herman; the Administrative Committee of the Retirement Committee; and the Investment Committee of the Retirement Committee Todd Jackson (S.B. #202598) Nina Wasow (S.B. #242047) FEINBERG, JACKSON, WORTHMAN & WASOW, LLP 383 4th Street ● Suite 201 Oakland, CA 94607 Telephone: (510) 269-7998 Fax: (510) 269-7994 11 Attorneys for Plaintiff 12 UNITED STATES DISTRICT COURT 13 FOR THE NORTHERN DISTRICT OF CALIFORNIA 14 15 16 17 18 19 20 21 22 23 24 25 26 Charles Baird, individually, and on behalf of all others similarly situated, and on behalf of the BlackRock Retirement Savings Plan, Plaintiff, Case No. 17-cv-01892-HSG STIPULATION OF DISMISSAL AND ORDER v. BlackRock Institutional Trust Company, N.A.; BlackRock, Inc.; The BlackRock, Inc. Retirement Committee; Jason Herman, named Plan Sponsor; John and Jane Does 1-40, Members of the BlackRock Retirement Committee; The Administrative Committee of the Retirement Committee; John and Jane Does 1-20, Members of the Administrative Committee of the Retirement Committee; The Investment Committee of the Retirement Committee; John and Jane Does 21-40, Members of the Investment Committee of the Retirement Committee; each an individual, and John and Jane Does 41-60, each an individual, 27 Defendants. 28 July 12, 2017 STIPULATION OF DISMISSAL AND ORDER 1 2 3 4 5 6 7 8 9 10 11 12 13 14 WHEREAS, Counsel for Defendants have represented that Defendant Jason Herman did not serve as a member of the BlackRock, Inc. Retirement Committee, the Administrative Committee of the Retirement Committee, or the Investment Committee of the Retirement Committee during the Class Period; and WHEREAS, Counsel for Defendants have represented that Defendant Jason Herman did not act in a fiduciary capacity with respect to the BlackRock Retirement Savings Plan during the Class Period; THEREFORE, IT IS HEREBY STIPULATED by and between Plaintiff and Mr. Herman through their designated counsel that the above-captioned action should be dismissed without prejudice as to Mr. Herman pursuant to FRCP 41(a)(1)(A)(ii). The parties further stipulate that, if discovery shows that Mr. Herman did in fact serve in a fiduciary capacity relative to the facts and circumstances at issue in the case, Plaintiff reserves the right to re-name Mr. Herman as a defendant. IT IS SO STIPULATED. 15 16 Dated: July 11, 2017 17 18 19 20 21 22 23 24 25 26 27 28 COHEN MILSTEIN SELLERS & TOLL, PLLC By: /s/ Julia Horwitz________________ Julia Horwitz (admitted Pro Hac Vice) Karen L. Handorf (admitted Pro Hac Vice) Michelle C. Yau (admitted Pro Hac Vice) 1100 New York Avenue, N.W. Suite 500, West Tower Washington, D.C. 20005 Tel: (202) 408-4600 Fax: (202) 408-4699 khandorf@cohenmilstein.com myau@cohenmilstein.com jhorwitz@cohenmilstein.com FEINBERG, JACKSON, WORTHMAN & WASOW, LLP -2- JOINT CASE MANAGEMENT STATEMENT AND ORDER 1 Nina Wasow (Cal. Bar No. 242047) Todd Jackson (Cal. Bar No. 202598) 383 4th Street, Suite 201 Oakland, CA 94607 Tel: (510) 269-7998 Fax: (510) 269-7994 nina@feinbergjackson.com todd@feinbergjackson.com Attorneys for Plaintiff 2 3 4 5 6 7 /s/ Brian Boyle_______ 8 O’MELVENY & MYERS LLP Meaghan VerGow (admitted Pro Hac Vice) Brian Boyle (Cal. Bar No. 126576) 1625 Eye Street, N.W. Washington, D.C. 20006 Tel: (202) 383-5504 Fax: (202) 383-5414 mvergow@omm.com bboyle@omm.com 9 10 11 12 Randall W. Edwards (Cal. Bar No. 179053) Adam M. Kaplan (Cal. Bar No. 298077) Two Embarcadero Center, 28th Floor San Francisco, CA 94111-3823 Tel: (415) 984-8700 Fax: (415) 984-8701 redwards@omm.com akaplan@omm.com 13 14 15 16 17 Attorneys for Defendants 18 ATTESTATION 19 20 21 I attest that for all conformed signatures indicated by an “/s/,” the signatory has concurred in the filing of this document. 22 23 Dated: July 12, 2017 By: 24 /s/ Julia Horwitz___ Julia Horwitz 25 26 27 28 -3- JOINT CASE MANAGEMENT STATEMENT AND ORDER 1 2 ORD DER 3 PURSU UANT TO THE STIPUL T LATION, IT IS SO ORD T DERED: thi action is d is dismissed wi ithout prejud as to De dice efendant Jaso Herman. Plaintiff res on serves the rig to re-nam Mr. ght me He erman as a defendant if discovery sh d d hows that he did serve in a fiduciary capacity rel n lative to the fac and circu cts umstances of this case. f 4 5 6 Da ated: July 12, 2017 ________ __________ ___________ __ Judge Ha aywood S. G Gilliam, Jr. U.S. Dist trict Court fo the or Northern District of C California 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 -4- JOI INT CASE MA ANAGEMENT T S STATEMENT AND ORDER T R

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