Elvis Alvira v. Intel Corporation et al

Filing 43

ORDER SETTING COMPLIANCE HEARING. Compliance hearing is set for 7/6/2018 09:01 AM in Oakland, Courtroom 1, 4th Floor before Judge Yvonne Gonzalez Rogers. Joint filing by 6/29/2018. Signed by Judge Yvonne Gonzalez Rogers on 6/15/2018. (fs, COURT STAFF) (Filed on 6/15/2018)

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1 2 3 UNITED STATES DISTRICT COURT 4 NORTHERN DISTRICT OF CALIFORNIA 5 6 7 8 CASE NO. 18-cv-00507-YGR IN RE INTEL CORPORATION SECURITIES LITIGATION ORDER SETTING COMPLIANCE HEARING 9 10 11 Northern District of California United States District Court 12 13 CASE NO. 18-cv-01489-YGR IN RE INTEL CORPORATION SHAREHOLDER DERIVATIVE LITIGATION 14 15 16 17 ELVIS ALVIRA, 18 Plaintiff, 19 CASE NO. 18-cv-03416-YGR vs. 20 21 INTEL CORPORATION, ET AL., Defendants. 22 23 24 TO ALL PARTIES AND THEIR COUNSEL OF RECORD: On June 12, 2018, this Court issued an order relating In re Intel Corporation Securities 25 Litigation, 18-cv-00507-YGR (the “Intel Securities Litigation”) and In re Intel Corporation 26 Shareholder Derivative Litigation, 18-cv-01489-YGR (the “Intel Derivative Litigation”). (Intel 27 Securities Litigation, Dkt. No. 51; Intel Derivative Litigation, Dkt. No. 33.) That same day, Elvis 28 Alvira v. Intel Corporation, et al., 18-cv-03416-YGR (“Alvira”) was transferred to the undersigned 1 from the Central District of California. (Alvira, Dkt. No. 41.) The three actions appear to arise from 2 the same series of events, including similar allegations of misstatements by Intel and certain of its 3 senior officers, and to involve overlapping parties, and in the case of the Intel Securities Litigation 4 and the Alvira action, the two actions appear to assert similar claims. 5 In order for the Court to better understand the overlapping nature of the lawsuits, the Court 6 SETS a compliance hearing, to be held on Friday, July 6, 2018 on the Court’s 9:01 a.m. calendar, in 7 the Federal Building, 1301 Clay Street, Oakland, California in Courtroom 1. No later than June 29, 8 2018, the parties shall MEET AND CONFER and file a JOINT STATEMENT, not to exceed five (5) pages. 9 Such statement shall address the potential consolidation of the three cases, how the cases might Court. It shall also address why the pending motion to dismiss in the Intel Derivative Litigation 12 Northern District of California otherwise operate in tandem, or any other mechanism to increase efficiency for the parties and the 11 United States District Court 10 (Dkt. No. 15) should not be granted with leave to amend in the context of a new operative complaint 13 in a consolidated action.1 If compliance is complete, the parties need not appear and the compliance 14 hearing will be taken off calendar. 15 16 17 IT IS SO ORDERED. Dated: June 15, 2018 ____________________________________ YVONNE GONZALEZ ROGERS UNITED STATES DISTRICT COURT JUDGE 18 19 20 21 22 23 24 25 26 27 28 1 While defendants in the Intel Derivative Litigation have re-noticed the hearing on said motion to dismiss for July 3, 2018, the Court notes that date is closed to further settings. The Court will reset the hearing, if necessary, once it receives the parties’ joint statement. 2

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