In re FINISAR CORP. DERIVATIVE LITIGATION

Filing 204

STIPULATION AND ORDER 203 Vacating Deadlines and Setting Schedule for Filing of Preliminary Approval Papers. Signed by Judge Ronald M. Whyte on 4/17/13. (jg, COURT STAFF) (Filed on 4/17/2013)

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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 ) VACATING DEADLINES AND SETTING 16 ) SCHEDULE FOR FILING OF This Document Relates To: ) PRELIMINARY APPROVAL PAPERS 17 ) ALL ACTIONS. ) 18 19 20 21 22 23 24 25 26 27 28 828673_1 1 WHEREAS, as set forth in the August 24, 2012 Joint Case Management Conference 2 Statement, the parties participated in an all-day mediation on October 11, 2012; 3 WHEREAS, while no agreement was reached to resolve the action at that time, the parties’ 4 settlement discussions continued in the ensuing months; 5 WHEREAS, the parties are pleased to report that they have now reached an agreement in 6 principle to resolve this action in its entirety; 7 WHEREAS, the parties respectfully request that the Court vacate all deadlines currently set 8 in this action, including the April 8, 2013 deadlines for plaintiffs to file a motion to strike pursuant to 9 Fed. R. Civ. P. 12(f)(2) and for defendants to file a motion to amend pursuant to Fed. R. Civ. P. 10 15(a)(1)(A), so that the parties can finalize a stipulation of settlement and related documents; and 11 WHEREAS, plaintiffs intend to submit a Motion for Preliminary Approval of Derivative 12 Settlement no later than April 29, 2013. 13 NOW, THEREFORE, the parties hereby stipulate and agree, subject to this Court’s approval, 14 as follows: 15 1. All deadlines currently set in this action, including the April 8, 2013 deadlines for 16 plaintiffs to file a motion to strike pursuant to Fed. R. Civ. P. 12(f)(2) and for defendants to file a 17 motion to amend pursuant to Fed. R. Civ. P. 15(a)(1)(A), are vacated. 18 STIPULATED AND AGREED: 19 DATED: April 5, 2013 20 ROBBINS GELLER RUDMAN & DOWD LLP SHAWN A. WILLIAMS CHRISTOPHER M. WOOD 21 22 23 24 25 26 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) 27 28 828673_1 STIPULATION AND [] ORDER VACATING DEADLINES AND SETTING SCHEDULE FOR FILING OF PRELIMINARY APPROVAL PAPERS - C-06-07660-RMW-HRL -1- 1 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) 2 3 4 5 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) 6 7 8 9 Co-Lead Counsel for Plaintiffs 10 DATED: April 5, 2013 11 PILLSBURY WINTHROP SHAW PITTMAN LLP SARAH A. GOOD 12 s/ Sarah A. Good SARAH A. GOOD 13 14 50 Fremont Street Post Office Box 7880 San Francisco, CA 94120-7880 Telephone: 415/983-1000 415/983-1200 (fax) 15 16 17 Counsel for Defendant Stephen Workman 18 19 20 21 22 23 24 25 DATED: April 5, 2013 DLA PIPER LLP DAVID A. PRIEBE s/ David A. Priebe DAVID A. PRIEBE 2000 University Avenue East Palo Alto, CA 94303-2214 Telephone: 650/833-2000 650/833-2001 (fax) Counsel for Nominal Defendant Finisar Corporation 26 27 28 828673_1 STIPULATION AND [] ORDER VACATING DEADLINES AND SETTING SCHEDULE FOR FILING OF PRELIMINARY APPROVAL PAPERS - C-06-07660-RMW-HRL -2- 1 DATED: April 5, 2013 2 3 GOODWIN PROCTER LLP LLOYD WINAWER s/ Lloyd Winawer LLOYD WINAWER 4 135 Commonwealth Drive Menlo Park, California 94025 Telephone: 650/752-3100 650/853-1038 (fax) 5 6 7 STEPHEN D. POSS Exchange Place 53 State Street Boston, MA 02109 Telephone: 617/570-1000 517/523-1231 (fax) 8 9 10 11 Counsel for Defendants Michael C. Child, Roger C. Ferguson and Frank H. Levinson 12 13 DATED: April 5, 2013 LAW OFFICES OF JARED L. KOPEL JARED L. KOPEL 14 15 16 17 18 19 s/ Jared L. Kopel JARED L. KOPEL 303 Almaden Blvd., Suite 500 San Jose, CA 95110 Telephone: 408/291-5043 408/291-3934 (fax) Counsel for Defendant Jerry S. Rawls 20 21 22 23 24 25 26 27 28 828673_1 STIPULATION AND [] ORDER VACATING DEADLINES AND SETTING SCHEDULE FOR FILING OF PRELIMINARY APPROVAL PAPERS - 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 Vacating Deadlines and Setting Schedule for Filing of 3 Preliminary Approval Papers. In compliance with Civil Local Rule 5-1(i)(3), I hereby attest that 4 Sarah A. Good, David A. Priebe, 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. All deadlines currently set in this action, including the April 8, 2013 deadlines for 13 plaintiffs to file a motion to strike pursuant to Fed. R. Civ. P. 12(f)(2) and for defendants to file a 14 motion to amend pursuant to Fed. R. Civ. P. 15(a)(1)(A), are vacated. 15 IT IS SO ORDERED. 16 DATED: _________________________ 17 ____________________________________ THE HONORABLE RONALD M. WHYTE UNITED STATES DISTRICT JUDGE 18 19 20 21 22 23 24 25 26 27 28 828673_1 STIPULATION AND [] ORDER VACATING DEADLINES AND SETTING SCHEDULE FOR FILING OF PRELIMINARY APPROVAL PAPERS - C-06-07660-RMW-HRL -4-

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