In re KLA-Tencor Corp., Shareholder Derivative Litigation

Filing 559

STIPULATION AND ORDER AS MODIFIED BY THE COURT re #558 Stipulation. Amended Complaint due 10/23/2009. Joint Case Management Conference statement due 12/4/2009. The Statement shall include, among other things, an update on the parties' settlement efforts and the parties' proposed schedule re: anticipated Motions to Dismiss. Further Case Management Conference set for 12/14/2009 10:00 AM in Courtroom 8, 4th Floor, San Jose.. Signed by Judge James Ware on 10/9/2009. (ecg, COURT STAFF) (Filed on 10/9/2009)

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1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 JOHN H. HEMANN (SBN 165823) JOSEPH E. FLOREN (SBN 168292) REBECCA A. FALK (SBN 226798) MATTHEW S. WEILER (SBN 236052) MORGAN, LEWIS & BOCKIUS LLP One Market, Spear Street Tower San Francisco, CA 94105-1126 Tel: 415.442.1000 Fax: 415.442.1001 Email: jhemann@morganlewis.com jfloren@morganlewis.com rfalk@morganlewis.com mweiler@morganlewis.com Attorneys for Defendants Jeffrey Hall, Richard P. Wallace, and Nominal Defendant KLA-Tencor Corporation UNIT ED S S DISTRICT TE C TA ER N F D IS T IC T O R UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA - SAN JOSE DIVISION In re KLA-TENCOR CORP. SHAREHOLDER DERIVATIVE LITIGATION This Document Relates To: ALL ACTIONS Case No. C06-3445-JW JOINT STIPULATION AND [PROPOSED] ORDER TO CONTINUE DATES FOR FILING OF LEAD PLAINTIFF'S AMENDED COMPLAINT AND MOTION HEARING ALL PARTIES TO THIS ACTION HEREBY STIPULATE AND AGREE AS FOLLOWS: WHEREAS, on August 27, 2009, the Court issued an order that Lead Plaintiff file an amended complaint by October 9, 2009, and set a hearing for Defendants' motions to dismiss for December 14, 2009; WHEREAS, the parties and Defendants' insurers have continued to participate in mediation of the claims in this action with the assistance of the Hon. Layn Phillips (ret.) as mediator; WHEREAS, Lead Plaintiff has since the August 27, 2009 Order reached agreements in DB2/21366377.1 A C LI C06-3445-JW JOINT STIPULATION AND [PROPOSED] ORDER FO mes Wa Judge Ja re R NIA ERED O ORD D IT IS S DIFIE AS MO RT U O NO RT H 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 principle with certain of the individually named Defendants to settle the claims in the Action; WHEREAS, Lead Plaintiff and certain parties and insurance carriers have scheduled another in-person mediation session with Judge Phillips on October 14, 2009 to attempt to settle the claims against some or all of the remaining Individual Defendants prior to filing of an amended complaint; WHEREAS, settlement of some or all of the remaining claims will affect the facts and parties alleged in Lead Plaintiff's amended complaint or render an amended complaint, and motions to dismiss, wholly unnecessary, thereby reducing associated expenses of this litigation to all concerned; WHEREAS, in order to permit the parties to direct their efforts to reach a broader or even a global settlement, the parties respectfully request that the deadline for filing of Lead Plaintiff's amended complaint be extended for 14 days, to and including October 23, 2009, and that a date for hearing of motions to dismiss and a further Case Management Conference be established thereafter, in the event the action is not resolved; and WHEREAS, the parties agree to provide the Court with a status report no later than October 16, 2009 regarding progress toward a broader or global resolution; WHEREFORE, subject to the Court's approval, IT IS HEREBY STIPULATED AND AGREED: 1. The parties who have agreed to do so shall attend a scheduled mediation on October 14, 2009. 2. If the parties are unable to reach a global settlement, Lead Plaintiff shall file an amended complaint by October 23, 2009 unless otherwise ordered by the Court. 3. Defendants shall file their motions in response to Lead Plaintiff's amended complaint within the time provided under the Local Rules and Federal Rules of Civil Procedure, unless hereafter otherwise ordered. DB2/21366377.1 1 JOINT STIPULATION AND [PROPOSED] ORDER C06-3445-JW 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 4. The Case Management Conference and hearing set for December 14, 2009 on Defendants' motions in response to the amended complaint shall be taken off calendar and rescheduled when such motions, if any, are filed. SO STIPULATED. DATED: October 7, 2009 RESPECTFULLY SUBMITTED, MORGAN, LEWIS & BOCKIUS LLP By: /s/___ Joseph E. Floren One Market, Spear Street Tower San Francisco, CA 94105-1126 Telephone: (415) 442-1000 Facsimile: (415) 442-1001 Attorneys for Defendants Jeffrey L. Hall, Richard P. Wallace, and Nominal Defendant KLA-Tencor Corporation I, Joseph E. Floren, am the ECF User whose ID and password are being used to file this JOINT STATUS STATEMENT. In compliance with General Order 45, X.B., I hereby attest that each of the signatories identified below has concurred in this filing. DATED: October 7, 2009 COUGHLIN STOIA GELLER RUDMAN & ROBBINS LLP SHAWN A. WILLIAMS CHRISTOPHER WOOD /s/ Shawn A. Williams 100 Pine Street, Suite 2600 San Francisco, CA 94111 Telephone: 415/288-4545 415/288-4534 (fax) DB2/21366377.1 2 JOINT STIPULATION AND [PROPOSED] ORDER C06-3445-JW 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 DB2/21366377.1 COUGHLIN STOIA GELLER RUDMAN & ROBBINS LLP DARREN J. ROBBINS TRAVIS E. DOWNS III 655 West Broadway, Suite 1900 San Diego, CA 92101-3301 Telephone: 619/231-1058 619/231-7423 (fax) Lead Counsel for Plaintiffs DATED: October 7, 2009 FENWICK & WEST LLP KEVIN P. MUCK DEAN S. KRISTY By: /s/ Kevin P. Muck 555 California Street, 12th Floor San Francisco, CA 94104 Tel. 415-875-2300 Fax: 415-281-1350 Attorneys for Defendants Edward W. Barnholt, H. Raymond Bingham, Robert J. Boehlke, Robert T. Bond, Richard J. Elkus, Jr., Leo Chamberlain, and Lida Urbanek 3 JOINT STIPULATION AND [PROPOSED] ORDER C06-3445-JW 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 DATED: October 7, 2009 MORRISON & FOERSTER LLP CRAIG D. MARTIN DOROTHY L. FERNANDEZ By: /s/ Dorothy L. Fernandez 425 Market Street San Francisco, CA 94105-2482 Tel. 415-268-7000 Fax: 415-268-7522 Attorneys for Defendant John H. Kispert DATED: October 7, 2009 ORRICK, HERRINGTON & SUTCLIFFE LLP WALTER F. BROWN, JR. ROBERT P. VARIAN By: /s/ Robert P. Varian 405 Howard Street San Francisco, CA 94105 Tel. 415-773-5700 Fax: 415-773-5759 Attorneys for Defendant Gary Dickerson DATED: October 7, 2009 SHEARMAN & STERLING LLP PATRICK D. ROBBINS JEFFREY S. FACTER EMILY GRIFFEN JIYOUN CHUNG By: /s/ Jiyoun Chung 525 Market Street, Suite 1500 San Francisco, CA 94105 Telephone: (415) 616-1100 Facsimile: (415) 616-1199 Attorneys for Defendant Kenneth Levy DB2/21366377.1 4 JOINT STIPULATION AND [PROPOSED] ORDER C06-3445-JW 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 DATED: October 7, 2009 RAMSEY & EHRLICH LLP ISMAIL RAMSEY MILES F. EHRLICH By: /s/ Ismail Ramsey 803 Hearst Avenue Berkeley, CA 94710 Telephone: 510-548-3600 Attorneys for Defendant Arthur Schnitzer DATED: October 7, 2009 HOGAN AND HARTSON LLP MICHAEL J. SHEPARD MEGAN DIXON By: /s/ Michael J. Shepard 4 Embarcadero Center 22nd Floor San Francisco, CA 94111 Phone: (415) 374.2300 Fax: (415) 374.2499 Attorneys for Defendant Jon D. Tompkins DATED: October 7, 2009 MUNGER TOLLES & OLSON BRAD D. BRIAN JOSEPH D. LEE JAMES RAZA LAWRENCE By: /s/ Joseph D. Lee 355 South Grand Ave. Thirty-Fifth Floor Los Angeles, CA 90071 Phone: 213-683-9100 Attorneys for Defendant Stephen P. Kaufman DB2/21366377.1 5 JOINT STIPULATION AND [PROPOSED] ORDER C06-3445-JW 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 DATED: October 7, 2009 DLA PIPER US LLP SHIRLI FABBRI WEISS DAVID A. PRIEBE By: /s/ Shirli Fabbri Weiss 2000 University Avenue East Palo Alto, California 94303 Telephone: (650) 833-2056 Facsimile : (650) 833-2001 Attorneys for Defendant Kenneth L. Schroeder DATED: October 7, 2009 LAW OFFICE OF MARK A. BELNICK, LLC MARK A. BELNICK (admitted pro hac vice) By: /s/ Mark A. Belnick 120 West 45th Street, Suite 1700B New York, NY 10036 Telephone: 646-453-2901 Fax: 646-453-2908 AKIN GUMP STRAUSS HAUER & FELD LLP CHRISTOPHER D. KERCHER (pro hac vice) 590 Madison Avenue New York, NY 10022 Tel 212-872-1000 AKIN GUMP STRAUSS HAUER & FELD LLP STEVEN S. KAUFHOLD 580 California Street, 15th Floor San Francisco, CA 94104 Tel: 415-765-9500 Fax: 415-765-9501 Attorneys for Defendant Stuart J. Nichols DB2/21366377.1 6 JOINT STIPULATION AND [PROPOSED] ORDER C06-3445-JW 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 DB2/21366377.1 [PROPOSED] ORDER PURSUANT TO STIPULATION, AND GOOD CAUSE APPEARING, IT IS HEREBY ORDERED THAT: 1. The parties who have agreed to do so shall attend a scheduled mediation on October 14, 2009. 2. If the parties are unable to reach a global settlement, Lead Plaintiff shall file an amended complaint by October 23, 2009 unless otherwise ordered by the Court. 3. Defendants shall file their motions in response to Lead Plaintiff's amended complaint within the time provided under the Local Rules and Federal Rules of Civil Procedure, unless hereafter otherwise ordered. 4. The Case Management Conference The hearing set for December 14, 2009 on and Defendants' motions in response to the amended complaint is off calendar and will be rescheduled when such motions, if any, are filed. The Court will conduct a Case Management Conference on December 14, 2009 at IT IS SO ORDERED. 10 a.m. as______________, 2009On or before December 4, 2009, the parties shall file a previously scheduled. DATED: October 9, 2009 Hon. James Ware United States District Judge Joint Case Management Statement. The Statement shall include, among other things, an update on the parties' settlement efforts and the parties' proposed schedule re: anticipated Motions to Dismiss. Dated: October 9, 2009 _____________________________ JAMES WARE United States District Judge 7 JOINT STIPULATION AND [PROPOSED] ORDER C06-3445-JW

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