IN RE:JUNIPER SECURITIES LITIGATION

Filing 254

ORDER ON STIPULATION re 252 Withdrawing Motion to Compel Trading Records. Signed by Judge Patricia V. Trumbull on 3/30/09. (pvtlc1) (Filed on 3/31/2009)

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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 NINA F. LOCKER, State Bar # 123838 Email: nlocker@wsgr.com STEVEN GUGGENHEIM, State Bar # 201386 Email: sguggenheim@wsgr.com JONI OSTLER, State Bar # 230009 Email: jostler@wsgr.com WILSON SONSINI GOODRICH & ROSATI Professional Corporation 650 Page Mill Road Palo Alto, CA 94304-1050 Telephone: (650) 493-9300 Facsimile: (650) 565-5100 Counsel for Defendants Juniper Networks, Inc., Scott Kriens, Pradeep Sindhu, Marcel Gani, Robert M. Calderoni, Kenneth Goldman, William R. Hearst III, Stratton Sclavos, Vinod Khosla, Kenneth Levy and William R. Stensrud JEFFREY B. RUDMAN (Pro Hac Vice) Email: jeffrey.rudman@wilmerhale.com EMILY R. SCHULMAN (Pro Hac Vice) Email: emily.schulman@wilmerhale.com WILMER CUTLER PICKERING HALE and DORR LLP 60 State Street Boston, MA 02109 Telephone: (617) 526-6000 Facsimile: (617) 526-5000 JONATHAN A. SHAPIRO (Pro Hac Vice) WILMER CUTLER PICKERING HALE and DORR LLP Email: jonathan.shapiro@wilmerhale.com 1117 California Avenue Palo Alto, CA 94304 Telephone: (650) 858-6000 Facsimile: (650) 858-6100 Co-Counsel for Defendant Juniper Networks, Inc. UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA SAN JOSE DIVISION In re JUNIPER NETWORKS, INC. SECURITIES LITIGATION ) ) ) ) ) ) ) ) ) ) ) CASE NO.: C06-04327-JW (PVT) ORDER ON STIPULATION WITHDRAWING JUNIPER NETWORKS, INC.'S MOTION TO COMPEL LEAD PLAINTIFFS TO PRODUCE TRADING RECORDS DATE: March 31, 2009 TIME: 10:00 a.m. BEFORE: Hon. Patricia V. Trumbull This Document Relates To: All Actions STIPULATION WITHDRAWING AS MOOT JUNIPER'S MTN. TO COMPEL PRODUCTION OF TRADING RECORDS CASE NO. C06-04327-JW (PVT) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 This Stipulation is entered into by and among Lead Plaintiffs the New York City Pension Funds and Defendant Juniper Networks, Inc. ("Juniper"), by and through their respective attorneys of record. WHEREAS, on February 26, 2009, Juniper filed a Motion to Compel Lead Plaintiffs to Produce Trading Records ("Motion to Compel") (Docket No. 211); WHEREAS, the Motion to Compel has now been fully briefed and, pursuant to the Stipulation and Order dated March 20, 2009 Order (Docket No. 248), the Motion to Compel is scheduled to be heard at 10:00 a.m. on March 31, 2009; WHEREAS, Juniper and Lead Plaintiffs reached agreement to resolve the Motion to Compel whereby Lead Plaintiff agreed to produce spreadsheets separately showing each Plaintiff's transactions in Juniper securities from the time of their initial investment in Juniper securities to March 2007, including the name of the investment manager that executed each trade; WHEREAS, Lead Plaintiffs have completed that production, which renders moot Juniper's pending Motion to Compel; THEREFORE, Juniper withdraws its Motion to Compel (Docket No. 211), and the parties stipulate, and request the Court to order, that the hearing scheduled for March 31, 2009 on the Motion to Compel be vacated. Respectfully submitted, Dated: March 27, 2009 WILSON SONSINI GOODRICH & ROSATI By: /s/ Joni Ostler Joni Ostler 22 23 24 25 26 27 28 STIPULATION WITHDRAWING AS MOOT JUNIPER'S MTN. TO COMPEL PRODUCTION OF TRADING RECORDS CASE NO. C06-04327-JW (PVT) Counsel for Juniper Networks, Inc. -1- 1 2 Dated: March 27, 2009 LOWEY DANNENBERG COHEN & HART, P.C. By: /s/ Jeanne D'Esposito Jeanne D'Esposito 3 4 5 * 6 7 8 DATED: 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 STIPULATION WITHDRAWING AS MOOT JUNIPER'S MTN. TO COMPEL PRODUCTION OF TRADING RECORDS CASE NO. C06-04327-JW (PVT) Counsel for Lead Plaintiff * ORDER PURSUANT TO STIPULATION, IT IS SO ORDERED. 3/30/09 PATRICIA V. TRUMBULL United States Magistrate Judge * -2-

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