In re Lyft Inc. Securities Litigation

Filing 102

ORDER by Judge Haywood S. Gilliam, Jr. Granting 100 Stipulation to Extend Briefing Schedule on Plaintiff's Motion for Class Certification. (ndrS, COURT STAFF) (Filed on 10/13/2020)

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1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 LATHAM & WATKINS LLP Matthew Rawlinson (SBN 231890) 140 Scott Drive Menlo Park, California 94025 T: (650) 328-4600 / F: (650) 463-2600 matthew.rawlinson@lw.com Elizabeth Deeley (SBN 230798) 505 Montgomery Street, Suite 2000 San Francisco, California 94111 T: (415) 391-0600 / F: (415) 395-8095 elizabeth.deeley@lw.com Andrew B. Clubok (pro hac vice) Susan E. Engel (pro hac vice) 555 Eleventh Street, NW, Suite 1000 Washington, D.C. 20004 T: (202) 637-2200 / F: (202) 637-2201 andrew.clubok@lw.com susan.engel@lw.com Colleen C. Smith (SBN 231216) 12670 High Bluff Drive San Diego, California 92130 T: (858) 523-5400 / F: (858) 523-5450 colleen.smith@lw.com Attorneys for Defendants Lyft, Inc., Logan Green, John Zimmer, Brian Roberts, Prashant (Sean) Aggarwal, Jonathan Christodoro, Ben Horowitz, Valerie Jarrett, David Lawee, Hiroshi Mikitani, Ann Miura-Ko, and Mary Agnes (Maggie) Wilderotter UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA OAKLAND DIVISION 18 19 20 21 22 23 24 25 In re LYFT, INC. SECURITIES LITIGATION Master File No. 4:19-cv-02690-HSG CLASS ACTION This Document Relates to: ALL ACTIONS JOINT STIPULATION AND ORDER TO EXTEND BRIEFING SCHEDULE ON PLAINTIFF’S MOTION FOR CLASS CERTIFICATION 26 27 28 ATTORNEYS AT LAW SAN FRANCISCO JOINT STIP. AND ORDER TO EXTEND SCHED. ON PLAINTIFF’S MOT. FOR CLASS CERT. BRIEFING CASE NO. 4:19-CV-02690-HSG 1 Pursuant to Local Rules 6-2 and 7-12, Defendants Lyft, Inc., Logan Green, John Zimmer, 2 Brian Roberts, Prashant (Sean) Aggarwal, Jonathan Christodoro, Ben Horowitz, Valerie Jarrett, 3 David Lawee, Hiroshi Mikitani, Ann Miura-Ko, and Mary Agnes Wilderotter (the “Lyft 4 Defendants”) and Lead Plaintiff, Rick Keiner (“Plaintiff”, and together with the Lyft Defendants, 5 the “Parties”), through their counsel, submit the following Joint Stipulation and [Proposed] Order 6 To Extend Briefing Schedule on Plaintiff’s Motion for Class Certification. 7 WHEREAS, on March 26, 2020, the Court issued a Scheduling Order setting a briefing 8 schedule for Plaintiff’s amended complaint and Defendants’ motion to dismiss per the Parties’ 9 joint proposal (ECF No. 72); 10 WHEREAS, on April 16, 2020, pursuant to the Scheduling Order, Plaintiff filed the 11 Consolidated Amended Class Action Complaint for Violation of the Federal Securities Laws (the 12 “Complaint”) (ECF No. 74); 13 14 15 16 WHEREAS, on May 17, 2020, pursuant to the Scheduling Order, the Lyft Defendants filed their Motion to Dismiss the Complaint (ECF No. 78); WHEREAS, on June 11, 2020, pursuant to the Scheduling Order, Plaintiff filed his opposition to the Lyft Defendants’ Motion to Dismiss the Complaint (ECF No. 84); 17 WHEREAS, on June 24 ,2020, the Court granted the Parties’ Joint Stipulation to Extend 18 the Briefing Schedule On Lyft Defendants’ Motion to Dismiss (the “Briefing Extension Order”) 19 (ECF. No. 87); 20 21 22 23 24 25 26 27 28 ATTORNEYS AT LAW SAN FRANCISCO WHEREAS, pursuant to the Briefing Extension Order, the Lyft Defendants filed their Reply in Support of Motion to Dismiss the Complaint on July 9, 2020 (ECF. No. 88); WHEREAS, on September 8, 2020, the Court issued its Order Granting In Part and Denying in Part Defendants’ Motion to Dismiss (ECF No. 96); WHEREAS, on September 25, 2020, Plaintiff filed his Motion for Class Certification (ECF No. 98); WHEREAS, the Lyft Defendants’ Opposition to the Motion for Class Certification (the “Opposition”) is currently due to be filed on October 9, 2020; WHEREAS, to accommodate for the press of business and ensure adequate time for JOINT STIP. AND ORDER TO EXTEND 1 SCHED. ON PLAINTIFF’S MOT. FOR CLASS CERT. BRIEFING CASE NO. 4:19-CV-02690-HSG 1 briefing, counsel for the Parties have met and conferred, and agree to extend the date for the 2 Opposition from October 9, 2020 to January 12, 2021; the date for Plaintiff’s Reply from 3 October 16, 2020 to January 22, 2021; and the hearing currently set for December 17, 2020 at 4 2:00 p.m. shall be set for February 4, 2021 at 2:00 p.m., or a date otherwise set by the Court. 5 6 7 WHEREAS, this extension of time will not alter the date of any event or deadline already fixed by Court order; WHEREAS, this stipulation is not intended to operate as an admission of any factual 8 allegation or legal conclusion and is submitted subject to and without waiver of any right, 9 defense, affirmative defense, or objection; 10 NOW, THEREFORE, pursuant to Civil Local Rule 6-2, the Parties hereby stipulate, 11 subject to Court approval, that the briefing schedule for the Motion for Class Certification will be 12 modified as follows: 13 14 1. The Lyft Defendants shall file their Opposition to the Motion for Class Certification by January 12, 2021. 15 2. 16 January 22, 2021. 17 3. 18 Plaintiff shall file a Reply in support of his Motion for Class Certification by The noticed date for a hearing on the Motion for Class Certification shall be set for February 4, 2021 at 2:00 p.m., or a date otherwise set by the Court. 19 20 Stipulated and agreed to by: 21 Date: October 8, 2020 22 23 24 25 26 27 28 ATTORNEYS AT LAW SAN FRANCISCO JOINT STIP. AND ORDER TO EXTEND 2 SCHED. ON PLAINTIFF’S MOT. FOR CLASS CERT. BRIEFING CASE NO. 4:19-CV-02690-HSG 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 BLOCK & LEVITON LLP LATHAM & WATKINS LLP /s/ Jacob A. Walker __________ Jacob A. Walker (CA Bar. No. 271217) 260 Franklin Street, Suite 1860 Boston, MA 02110 jake@blockesq.com /s/ Colleen C. Smith____________ Colleen C. Smith (CA Bar. No. 231216) 12670 High Bluff Drive San Diego, CA 92130 Colleen.Smith@lw.com Lead Counsel and Counsel for Plaintiff Matthew Rawlinson (CA Bar. No. 231890) 140 Scott Drive Menlo Park, CA 94025 T: (650) 328-4600 / F: (650) 463-2600 matthew.rawlinson@lw.com Elizabeth Deeley (CA Bar. No. 230798) 505 Montgomery Street, Suite 2000 San Francisco, CA 94111 T: (415) 391-0600 / F: (415) 395-8095 elizabeth.deeley@lw.com Andrew B. Clubok (pro hac vice) Susan E. Engel (pro hac vice) 555 Eleventh Street, NW, Suite 1000 Washington, D.C. 20004 T: (202) 637-2200 / F: (202) 637-2201 andrew.clubok@lw.com susan.engel@lw.com Counsel for Defendants Lyft, Inc., Logan Green, John Zimmer, Brian Roberts, Prashant Aggarwal, Jonathan Christodoro, Ben Horowitz, Valerie Jarrett, David Lawee, Hiroshi Mikitani, Ann Miura-Ko, and Mary Agnes Wilderotter 19 20 21 22 23 24 25 26 27 28 ATTORNEYS AT LAW SAN FRANCISCO JOINT STIP. AND ORDER TO EXTEND 3 SCHED. ON PLAINTIFF’S MOT. FOR CLASS CERT. BRIEFING CASE NO. 4:19-CV-02690-HSG 1 2 3 FILER’S ATTESTATION Pursuant to Civil L. R. 5-1(i)(3), regarding signatures, I hereby attest that concurrence in the filing of the document has been obtained from all of the signatories above. 4 5 Dated: October 8, 2020 6 /s/_Colleen C.Smith____________ Colleen C. Smith * * * 7 8 9 10 11 12 13 14 15 16 17 PURSUANT TO STIPULATION, IT IS SO ORDERED except the noticed date for a hearing on the Motion for Class Certification shall be set for February 18, 2021 at 2:00 p.m. Date: 10/13/2020 _______________________________ HONORABLE HAYWOOD S. GILLIAM, JR. U.S. DISTRICT JUDGE 18 19 20 21 22 23 24 25 26 27 28 ATTORNEYS AT LAW SAN FRANCISCO JOINT STIP. AND ORDER TO EXTEND 4 SCHED. ON PLAINTIFF’S MOT. FOR CLASS CERT. BRIEFING CASE NO. 4:19-CV-02690-HSG

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