In re FINISAR CORP. DERIVATIVE LITIGATION

Filing 202

STIPULATION AND ORDER 201 Further Extending Deadlines for (I) Amending Answers to the Complaint; and (II) Filing Motion to Strike. Signed by Judge Ronald M. Whyte on 3/18/13. (jg, COURT STAFF) (Filed on 3/18/2013)

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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-HRL In re FINISAR CORP. DERIVATIVE ) 15 LITIGATION ) STIPULATION AND [] ORDER ) FURTHER EXTENDING DEADLINES FOR 16 ) (I) AMENDING ANSWERS TO THE This Document Relates To: ) COMPLAINT; AND (II) FILING MOTION 17 ) TO STRIKE ALL ACTIONS. ) 18 19 20 21 22 23 24 25 26 27 28 814872_1 1 WHEREAS, on May 21, 2008, plaintiffs filed the Supplemental Second Amended 2 Consolidated Verified Shareholder Derivative Complaint for Violation of the Federal Securities 3 Laws (the “SSAC”); 4 WHEREAS, on November 2, 2012, pursuant to the parties’ Joint Case Management 5 Conference Statement, defendants and Finisar Corporation (“Finisar”) filed their answers to the 6 SSAC; 7 WHEREAS, subsequent to filing of defendants’ answers, plaintiffs informed defendants that 8 they believe that certain of the affirmative defenses contained in defendants’ answers should be 9 amended or withdrawn; 10 WHEREAS, on January 2, 2013, the Court entered a Stipulation and Order Extending 11 Deadlines for (i) Amending Answers to the Complaint; and (ii) Filing Motion to Strike, which 12 extended the deadlines for plaintiffs to file a motion to strike pursuant to Rule 12(f)(2) of the Federal 13 Rules of Civil Procedure, and for defendants to file a motion to amend pursuant to Fed. R. Civ. P. 14 15(a)(1)(A), until January 22, 2013, in order to facilitate discussions between the parties regarding 15 defendants’ answers; 16 WHEREAS, on January 29, 2013, the Court entered a Stipulation and Order Further 17 Extending Deadlines for (i) Amending Answers to the Complaint; and (ii) Filing Motion to Strike, 18 which extended the deadlines for plaintiffs to file a motion to strike pursuant to Fed. R. Civ. P. 19 12(f)(2), and for defendants to file a motion to amend pursuant to Fed. R. Civ. P. 15(a)(1)(A), until 20 February 22, 2013, in order to facilitate discussions between the parties regarding defendants’ 21 answers; and 22 WHEREAS, the parties’ discussions are ongoing and the parties respectfully request that the 23 Court further extend the deadline for plaintiffs to file a motion to strike pursuant to Fed. R. Civ. P. 24 12(f)(2), and the deadline for defendants to file a motion to amend pursuant to Fed. R. Civ. P. 25 15(a)(1)(A), until April 8, 2013, in order to facilitate continued discussions between the parties and 26 avoid potentially unnecessary motion practice. 27 NOW, THEREFORE, the parties hereby stipulate and agree, subject to this Court’s approval, 28 as follows: 814872_1 STIP AND [] ORDER FURTHER EXTENDING DEADLINES FOR (I) AMENDING ANSWERS TO THE COMPLAINT; AND (II) FILING MOTION TO STRIKE - C-06-07660-RMW-HRL -1- 1 1. The deadline for plaintiffs to file a motion to strike pursuant to Fed. R. Civ. P. 2 12(f)(2) is extended until April 8, 2013. 3 2. The deadline for defendants to file a motion to amend pursuant to Fed. R. Civ. P. 4 15(a)(1)(A) is extended until April 8, 2013. 5 STIPULATED AND AGREED: 6 DATED: February 20, 2013 7 ROBBINS GELLER RUDMAN & DOWD LLP SHAWN A. WILLIAMS CHRISTOPHER M. WOOD 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 s/ Christopher M. Wood CHRISTOPHER M. WOOD Post Montgomery Center One Montgomery Street, Suite 1800 San Francisco, CA 94104 Telephone: 415/288-4545 415/288-4534 (fax) 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) 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) Co-Lead Counsel for Plaintiffs 23 24 25 26 27 28 814872_1 STIP AND [] ORDER FURTHER EXTENDING DEADLINES FOR (I) AMENDING ANSWERS TO THE COMPLAINT; AND (II) FILING MOTION TO STRIKE - C-06-07660-RMW-HRL -2- 1 DATED: February 20, 2013 2 3 PILLSBURY WINTHROP SHAW PITTMAN LLP SARAH A. GOOD s/ Sarah A. Good SARAH A. GOOD 4 7 50 Fremont Street Post Office Box 7880 San Francisco, CA 94120-7880 Telephone: 415/983-1000 415/983-1200 (fax) 8 Counsel for Defendant Stephen Workman 9 DATED: February 20, 2013 GOODWIN PROCTER LLP LLOYD WINAWER 5 6 10 11 s/ Lloyd Winawer LLOYD WINAWER 12 135 Commonwealth Drive Menlo Park, California 94025 Telephone: 650/752-3100 650/853-1038 (fax) 13 14 15 STEPHEN D. POSS Exchange Place 53 State Street Boston, MA 02109 Telephone: 617/570-1000 517/523-1231 (fax) 16 17 18 19 Counsel for Defendants Michael C. Child, Roger C. Ferguson and Frank H. Levinson 20 21 DATED: February 20, 2013 22 23 24 LAW OFFICES OF JARED L. KOPEL JARED L. KOPEL s/ Jared L. Kopel JARED L. KOPEL 26 303 Almaden Blvd., Suite 500 San Jose, CA 95110 Telephone: 408/291-5043 408/291-3934 (fax) 27 Counsel for Defendant Jerry S. Rawls 25 28 814872_1 STIP AND [] ORDER FURTHER EXTENDING DEADLINES FOR (I) AMENDING ANSWERS TO THE COMPLAINT; AND (II) FILING MOTION TO STRIKE - C-06-07660-RMW-HRL -3- 1 I, Christopher M. Wood, am the ECF User whose identification and password are being used 2 to file the Stipulation and [Proposed] Order Further Extending Deadlines for (i) Amending Answers 3 to the Complaint; and (ii) Filing Motion to Strike. In compliance with Civil Local Rule 5-1(i)(3), I 4 hereby attest that Sarah A. Good, Lloyd Winawer and Jared L. Kopel have concurred in this filing. 5 s/ Christopher M. Wood CHRISTOPHER M. WOOD 6 7 8 * 9 10 * * ORDER Based on the above Stipulation of the parties, by and through their counsel of record, and for 11 good cause showing, IT IS HEREBY ORDERED, ADJUDGED AND DECREED: 12 1. The deadline for plaintiffs to file a motion to strike pursuant to Fed. R. Civ. P. 13 12(f)(2) is extended until April 8, 2013. 14 2. The deadline for defendants to file a motion to amend pursuant to Fed. R. Civ. P. 15 15(a)(1)(A) is extended until April 8, 2013. 16 IT IS SO ORDERED. 17 DATED: _________________________ 18 ____________________________________ THE HONORABLE RONALD M. WHYTE UNITED STATES DISTRICT JUDGE 19 20 21 22 23 24 25 26 27 28 814872_1 STIP AND ] ORDER FURTHER EXTENDING DEADLINES FOR (I) AMENDING ANSWERS TO THE COMPLAINT; AND (II) FILING MOTION TO STRIKE - C-06-07660-RMW-HRL -4-

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