In re FINISAR CORP. DERIVATIVE LITIGATION

Filing 152

STIPULATION AND ORDER 140 Extending the Deadline for Filing a Motion for Substitution. Signed by Judge Ronald M. Whyte on 3/28/12. (jg, COURT STAFF) (Filed on 3/28/2012)

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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 690161_1 1 WHEREAS, on February 17, 2012, the Court entered a second Stipulation and Order 2 Extending the Deadline for Filing a Motion for Substitution Pursuant to Rule 25(a) (the “Rule 25(a) 3 Order”) (Dkt. No. 136); 4 WHEREAS, the Rule 25(a) Order extended the deadline by which a party must file a motion 5 for substitution pursuant to Rule 25(a) with respect to Jan Lipson and Larry D. Mitchell, who passed 6 away during the pendency of this litigation, until March 2, 2012; 7 WHEREAS, on March 2, 2012, the parties filed a Stipulation and [Proposed] Order 8 Extending the Deadline for Filing Motions to Dismiss, which informed the Court that the parties’ 9 settlement discussions were still ongoing, and, in light of such continued discussions, requested an 10 extension of the deadline for defendants to file motions to dismiss plaintiffs’ Supplemental Second 11 Amended Consolidated Verified Shareholder Derivative Complaint or other responsive pleadings 12 until March 15, 2012; 13 WHEREAS, in order to preserve the pending claims, and in light of the parties’ ongoing 14 settlement discussions, the parties wish to extend the deadline by which a party must file a motion 15 for substitution pursuant to Rule 25(a), until April 20, 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 April 20, 2012. 23 IT IS SO STIPULATED. 24 DATED: March 2, 2012 25 ROBBINS GELLER RUDMAN & DOWD LLP SHAWN A. WILLIAMS CHRISTOPHER M. WOOD 26 27 28 690161_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 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) 9 10 11 12 Co-Lead Counsel for Plaintiffs 13 DATED: March 2, 2012 14 ARNOLD & PORTER LLP SARAH A. GOOD JEREMY KAMRAS 15 16 17 18 19 20 21 s/ Sarah A. Good SARAH A. GOOD Three Embarcadero Center, Seventh Floor San Francisco, CA 94111-4024 Telephone: 415/471-3100 415/471-3400 (fax) Counsel for Defendants David Buse, John Drury, Mark Farley, Stephen K. Workman and Joseph Young 22 23 24 25 26 27 28 690161_1 STIPULATION AND [] ORDER EXTENDING THE DEADLINE FOR FILING A MOTION FOR SUBSTITUTION PURSUANT TO RULE 25(a) - C-06-07660-RMW -2- 1 DATED: March 2, 2012 DLA PIPER DAVID A. PRIEBE 2 3 s/ David A. Priebe DAVID A. PRIEBE 4 2000 University Avenue East Palo Alto, CA 94303-2214 Telephone: 650/833-2000 650/833-2001 (Fax) 5 6 7 Attorneys for Nominal Defendant Finisar Corporation and the Mitchell Revocable Family Trust 8 9 I, Christopher M. Wood, am the ECF User whose identification and password are being used 10 to file the Stipulation and [Proposed] Order Extending the Deadline for Filing a Motion for 11 Substitution Pursuant to Rule 25(a). In compliance with General Order 45.X.B, I hereby attest that 12 Sarah A. Good and David A. Priebe have concurred in this filing. 13 s/ Christopher M. Wood CHRISTOPHER M. WOOD 14 15 * 16 17 18 19 20 21 * * ORDER 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 22 23 24 25 26 27 28 690161_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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