In re FINISAR CORP. DERIVATIVE LITIGATION

Filing 128

STIPULATION AND ORDER 127 Extending the Deadline for Filing a Motion for Substitution. Signed by Judge Ronald M. Whyte on 11/29/11. (jg, COURT STAFF) (Filed on 11/29/2011)

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1 ROBBINS GELLER RUDMAN & DOWD LLP 2 SHAWN A. WILLIAMS (213113) CHRISTOPHER M. WOOD (254908) 3 Post Montgomery Center One Montgomery Street, Suite 1800 4 San Francisco, CA 94104 Telephone: 415/288-4545 5 415/288-4534 (fax) shawnw@rgrdlaw.com SAXENA WHITE P.A. 6 cwood@rgrdlaw.com MAYA SAXENA – and – JOSEPH E. WHITE 7 TRAVIS E. DOWNS III (148274) 2424 N. Federal Highway, Suite 257 655 West Broadway, Suite 1900 Boca Raton, FL 33431 8 San Diego, CA 92101 Telephone: 561/394-3399 Telephone: 619/231-1058 561/394-3382 (fax) 9 619/231-7423 (fax) msaxena@saxenawhite.com travisd@rgrdlaw.com jwhite@saxenawhite.com 10 Co-Lead Counsel for Plaintiffs 11 UNITED STATES DISTRICT COURT 12 NORTHERN DISTRICT OF CALIFORNIA 13 SAN JOSE DIVISION 14 ) Master File No. C-06-07660-RMW In re FINISAR CORP. DERIVATIVE ) 15 LITIGATION ) STIPULATION AND [] ORDER ) EXTENDING THE DEADLINE FOR 16 ) FILING A MOTION FOR SUBSTITUTION This Document Relates To: ) PURSUANT TO RULE 25(a) 17 ) ALL ACTIONS. ) 18 19 20 21 22 23 24 25 26 27 28 665142_1 1 WHEREAS, the Supplemental Second Amended Consolidated Verified Shareholder 2 Derivative Complaint (the “SSAC”), the operative complaint in this matter, was filed on June 3, 3 2008 (Dkt. Nos. 62-65); 4 WHEREAS, the SSAC named defendants Jan Lipson and Larry D. Mitchell, among other 5 defendants; 6 WHEREAS, Larry D. Mitchell passed away on January 22, 2010; 7 WHEREAS, Jan Lipson passed away on July 18, 2010; 8 WHEREAS, the parties’ Request for Case Management Conference and Joint Case 9 Management Conference Statement, filed on August 19, 2011 (Dkt. No. 112), made note of 10 Mr. Mitchell’s and Mr. Lipson’s passing, arguably triggering the 90-day period within which any 11 party may file a motion for substitution of a party pursuant to Rule 25(a) of the Federal Rules of 12 Civil Procedure; 13 WHEREAS, in order to preserve the pending claims, and in light of the parties’ upcoming 14 mediation, the parties wish to extend the deadline by which a party must file a motion for 15 substitution pursuant to Rule 25(a), until February 17, 2012; and 16 WHEREAS, the agreed-upon schedule is not for the purpose of delay, promotes judicial 17 efficiency and will not cause prejudice to any party; 18 THEREFORE, IT IS HEREBY STIPULATED AND AGREED by plaintiffs, the Lipson 19 2000 Revocable Trust Under Agreement Dated September 28, 2000 and the Mitchell Revocable 20 Family Trust, through their respective counsel, subject to approval of the Court as follows: 21 1. The date within which any party must file a motion for substitution pursuant to Rule 22 25(a) is extended until February 17, 2012. 23 IT IS SO STIPULATED. 24 DATED: November 17, 2011 25 ROBBINS GELLER RUDMAN & DOWD LLP SHAWN A. WILLIAMS CHRISTOPHER M. WOOD 26 27 28 665142_1 s/ Christopher M. Wood CHRISTOPHER M. WOOD STIPULATION AND [] ORDER EXTENDING THE DEADLINE FOR FILING A MOTION FOR SUBSTITUTION PURSUANT TO RULE 25(a) - C-06-07660-RMW -1- 1 Post Montgomery Center One Montgomery Street, Suite 1800 San Francisco, CA 94104 Telephone: 415/288-4545 415/288-4534 (fax) 2 3 4 ROBBINS GELLER RUDMAN & DOWD LLP TRAVIS E. DOWNS III 655 West Broadway, Suite 1900 San Diego, CA 92101 Telephone: 619/231-1058 619/231-7423 (fax) 5 6 7 8 11 SAXENA WHITE P.A. MAYA SAXENA JOSEPH E. WHITE 2424 N. Federal Highway, Suite 257 Boca Raton, FL 33431 Telephone: 561/394-3399 561/394-3382 (fax) 12 Co-Lead Counsel for Plaintiffs 13 DATED: November 17, 2011 HOWARD RICE NEMEROVSKI CANADY FALK & RABKIN, P.C. 9 10 14 s/ Sarah A. Good SARAH A. GOOD 15 16 Three Embarcadero Center, Seventh Floor San Francisco, CA 94111-4024 Telephone: 415/434-1600 415/677-6262 (fax) 17 18 19 Attorneys for Defendants DAVID BUSE, JOHN DRURY, MARK FARLEY, JOSEPH YOUNG and STEPHEN K. WORKMAN and for the LIPSON 2000 REVOCABLE TRUST UNDER AGREEMENT DATED SEPTEMBER 28, 2000 20 21 22 23 DATED: November 17, 2011 DLA PIPER DAVID A. PRIEBE 24 25 26 27 28 665142_1 s/ David A. Priebe DAVID A. PRIEBE 2000 University Avenue East Palo Alto, CA 94303-2214 Telephone: 650/833-2000 650/833-2001 (Fax) STIPULATION AND [] ORDER EXTENDING THE DEADLINE FOR FILING A MOTION FOR SUBSTITUTION PURSUANT TO RULE 25(a) - C-06-07660-RMW -2- 1 Attorneys for Nominal Defendant FINISAR CORPORATION and the MITCHELL REVOCABLE FAMILY TRUST 2 3 4 I, Christopher M. Wood, am the ECF User whose identification and password are being used 5 to file the Stipulation and [Proposed] Order Extending the Deadline for Filing a Motion for 6 Substitution Pursuant to Rule 25(a). In compliance with General Order 45.X.B, I hereby attest that 7 Sarah A. Good and David A. Priebe have concurred in this filing. 8 DATED: November 17, 2011 By: 9 s/ Christopher M. Wood CHRISTOPHER M. WOOD 10 * 11 14 15 16 17 * ORDER 12 13 * Having considered the parties’ Stipulation, and good cause appearing, the Court hereby GRANTS the parties’ Stipulation. IT IS SO ORDERED. DATED: _________________________ THE HONORABLE RONALD M. WHYTE UNITED STATES DISTRICT JUDGE 18 19 20 21 22 23 24 25 26 27 28 665142_1 STIPULATION AND [] ORDER EXTENDING THE DEADLINE FOR FILING A MOTION FOR SUBSTITUTION PURSUANT TO RULE 25(a) - C-06-07660-RMW -3-

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