In re KLA-Tencor Corp., Shareholder Derivative Litigation

Filing 564

ORDER GRANTING Extending Time the Time for Filing an Amended Complaint re #563 Status Report. Deadline to file Amended Complaint by 11/23/2009. Signed by Judge James Ware on 11/3/2009. (ecg, COURT STAFF) (Filed on 11/3/2009)

1 COUGHLIN STOIA GELLER RUDMAN & ROBBINS LLP 2 SHAWN A. WILLIAMS (213113) CHRISTOPHER M. WOOD (254908) 3 100 Pine Street, Suite 2600 San Francisco, CA 94111 4 Telephone: [phone] (fax) 5 [e-mail] [e-mail] 6 ­ and ­ TRAVIS E. DOWNS III (148274) 7 BENNY C. GOODMAN III (211302) LUCAS F. OLTS (234843) 8 655 West Broadway, Suite 1900 San Diego, CA 92101 9 Telephone: [phone] (fax) 10 [e-mail] [e-mail] 11 [e-mail] 12 Lead Counsel for Plaintiffs 13 14 15 UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA SAN JOSE DIVISION

16 In re KLA-TENCOR CORP. SHAREHOLDER ) No. C-06-03445-JW DERIVATIVE LITIGATION ) ) PLAINTIFF AND KLA-TENCOR CORP.'S 17 ) SECOND STATUS REPORT REGARDING ) SETTLEMENT AND [PROPOSED] ORDER 18 This Document Relates To: ) FURTHER EXTENDING THE TIME FOR ) FILING AN AMENDED COMPLAINT 19 ALL ACTIONS. ) 20 21 22 23 24 25 26 27 28

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Pursuant to the Court's October 22, 2009 stipulation and order extending the date for filing

2 an amended complaint, plaintiff and KLA-Tencor Corp. ("KLA") hereby submit this Second Status 3 Report Regarding Settlement and [Proposed] Order Further Extending the Time for Filing an 4 Amended Complaint. 5 As previously reported, on October 14, 2009, plaintiff, nominal party KLA, insurance

6 carriers and certain of the individual defendants who had not yet reached an agreement in principle 7 to settle the claims alleged in the above-referenced case, participated in a 14-hour mediation session 8 with Hon. Layn Phillips (ret.) in New York. On October 16, 2009, Judge Phillips issued a 9 mediator's proposal setting a response date of October 27, 2009, and asked that the parties reserve 10 all responses until that date. 11 While the October 16, 2009 mediator's proposal did not result in a global settlement

12 agreement, the proposal served to substantially narrow the issues in dispute between the remaining 13 parties. Judge Phillips is continuing to advance toward global resolution of the claims asserted in the 14 action and has requested that the parties maintain the status quo because he has scheduled another 15 mediation for November 19, 2009 to convene the relevant remaining parties who have not yet 16 reached agreement in principle to settle the claims alleged. 17 Accordingly, KLA and plaintiff, after conferring with, and at the request of, Judge Phillips,

18 respectfully request for an extension of the deadline for the filing of lead plaintiff's amended 19 complaint to November 23, 2009. Judge Philips has indicated that he is available to discuss this 20 matter further with the Court, should the Court so desire. 21 DATED: October 30, 2009 22 23 24 25 26 27 28
PLTF AND KLA-TENCOR CORP.'S 2ND STATUS RPT RE SETTLEMENT & [PROPOSED] ORDER FURTHER EXTENDING THE TIME FOR FILING AN AMENDED COMPLAINT - C-06-03445-JW

COUGHLIN STOIA GELLER RUDMAN & ROBBINS LLP SHAWN A. WILLIAMS CHRISTOPHER M. WOOD

/s/ SHAWN A. WILLIAMS 100 Pine Street, Suite 2600 San Francisco, CA 94111 Telephone: [phone] (fax)

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1 2 3 4 5 6 Lead Counsel for Plaintiffs 7 8 DATED: October 30, 2009 9 10 11 12 13 14 15 16 17 /s/ JOSEPH E. FLOREN Spear Street Tower One Market Plaza, 23rd Floor San Francisco, CA 94105 Telephone: [phone] (fax) Attorneys for KLA-Tencor Corp. MORGAN, LEWIS & BOCKIUS LLP JOSEPH E. FLOREN JOHN H. HEMANN THOMAS R. GREEN COUGHLIN STOIA GELLER RUDMAN & ROBBINS LLP TRAVIS E. DOWNS III BENNY C. GOODMAN III LUCAS F. OLTS 655 West Broadway, Suite 1900 San Diego, CA 92101-3301 Telephone: [phone] (fax)

I, Shawn A. Williams, am the ECF User whose ID and password are being used to file this Plaintiff and KLA-Tencor Corp.'s Status Report Regarding Settlement and [Proposed] Order Further 18 Extending the Time for Filing an Amended Complaint. In compliance with General Order 45, X.B., I hereby attest that Joseph E. Floren has concurred in this filing. 19 DATED: October 30, 2009 /s/ 20 SHAWN A. WILLIAMS 21 22 23 24 25 26 27
S:\CasesSD\KLA-Tencor Derivative\MIS00062757.doc

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* ORDER

*

The deadline for filing of lead plaintiff's amended complaint shall be extended until November 23, 2009.

November 3, 2009 DATED: _________________________

____________________________________ THE HONORABLE JAMES WARE UNITED STATES DISTRICT JUDGE

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PLTF AND KLA-TENCOR CORP.'S 2ND STATUS RPT RE SETTLEMENT & [PROPOSED] ORDER FURTHER EXTENDING THE TIME FOR FILING AN AMENDED COMPLAINT - C-06-03445-JW

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CERTIFICATE OF SERVICE I hereby certify that on October 30, 2009, I electronically filed the foregoing with the Clerk

3 of the Court using the CM/ECF system which will send notification of such filing to the e-mail 4 addresses denoted on the attached Electronic Mail Notice List, and I hereby certify that I have 5 mailed the foregoing document or paper via the United States Postal Service to the non-CM/ECF 6 participants indicated on the attached Manual Notice List. 7 I certify under penalty of perjury under the laws of the United States of America that the

8 foregoing is true and correct. Executed on October 30, 2009. 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 s/ Shawn A. Williams SHAWN A. WILLIAMS COUGHLIN STOIA GELLER RUDMAN & ROBBINS LLP 100 Pine Street, 26th Floor San Francisco, CA 94111 Telephone: [phone] (fax) E-mail: [e-mail]

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Mark A. Belnick Law Offices of Mark A. Belnick, LLC 120 West 45th Street Suite 1700B New York, NY 10036

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