Lee v. Ambroseo et al

Filing 137

STIPULATION AND ORDER (granting 136 as modified). The Motion Hearing and Case Management Conference set for 3/13/2009 are CONTINUED to 3/23/2009 at 9:00 AM in Courtroom 3, 5th Floor, San Jose. Signed by Judge Jeremy Fogel on 3/12/09. (jflc2, COURT STAFF) (Filed on 3/12/2009)

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

MICHAEL D. TORPEY (STATE BAR NO. 79424) ORRICK, HERRINGTON & SUTCLIFFE LLP The Orrick Building 405 Howard Street San Francisco, California 94105-2669 Telephone: [phone] Facsimile: [phone] Email: [e-mail] MICHAEL C. TU (STATE BAR NO. 186793) ORRICK, HERRINGTON & SUTCLIFFE LLP 777 South Figueroa Street, Suite 3200 Los Angeles, California 90017-5855 Telephone: [phone] Facsimile: [phone] Email: [e-mail]

**E-Filed 3/12/09**

Attorneys for the Special Litigation Committee of Coherent, Inc. and Nominal Defendant Coherent, Inc.

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA SAN JOSE DIVISION In re COHERENT, INC. SHAREHOLDER DERIVATIVE ACTION This Document Related To: ALL ACTIONS. Lead Case No. C-07-0955-JF DERIVATIVE ACTION STIPULATION AND -----------------[PROPOSED] ORDER

STIPULATION AND [PROPOSED] O R D E R C-07-0955-JF

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

WHEREAS, on January 14, 2009, the Court approved the parties' Stipulation scheduling the Court's hearing on the defendants' motions to dismiss and the Case Management Conference in this matter on March 13, 2009; and WHEREAS, the parties remain engaged in active and good faith settlement discussions with the assistance of the Honorable Howard B. Wiener (Ret.); and WHEREAS, the parties are currently in negotiations regarding a settlement provision that involves an insurance coverage issue that will require the involvement of the company's insurance carrier, and believe that a continuance of one additional week will facilitate those settlement discussions; and WHEREAS, counsel for all parties have agreed to a continuance of the Court's hearing on the defendants' motions to dismiss and the Case Management Conference, the agreed upon schedule is not for the purpose of delay, and will not cause prejudice to any party; THEREFORE, IT IS STIPULATED AND AGREED by plaintiffs, defendants and the SLC, through their undersigned counsel, subject to approval of the Court, that the Court's hearing on defendants' motions to dismiss and the Case Management Conference currently scheduled for March 13, 2009 should be rescheduled to March 20, 2009, or such other subsequent date as is convenient for the Court. // //

-1-

STIPULATION AND [PROPOSED] O R D E R C-07-0955-JF

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

IT IS SO STIPULATED. Dated: March 11, 2009 /s/ Kathleen A. Herkenhoff BARROWAY TOPAZ KESSLER MELTZER & CHECK LLP ALAN R. PLUTZIK L. TIMOTHY FISHER NICHOLE BROWNING 2125 Oak Grove Road, Suite 120 Walnut Creek, CA 94598 Telephone: [phone] Fax: [phone] BARROWAY TOPAZ KESSLER MELTZER & CHECK LLP LEE RUDY 280 King of Prussia Road Radnor, PA 19087 Telephone: [phone] Fax: [phone] COUGHLIN STOIA GELLER RUDMAN & ROBBINS LLP TRAVIS E. DOWNS III KATHLEEN A. HERKENHOFF BENNY C. GOODMAN III MARY LYNNE CALKINS 655 West Broadway, Suite 1900 San Diego, CA 92101 Telephone: [phone] Fax: [phone] Co-Lead Counsel for Plaintiffs

-2-

STIPULATION AND [PROPOSED] O R D E R C-07-0955-JF

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

Dated: March 11, 2009

/s/ Michael C. Tu ORRICK, HERRINGTON & SUTCLIFFE LLP MICHAEL D. TORPEY The Orrick Building 405 Howard Street San Francisco, CA 94105-2669 Telephone: [phone] Fax: [phone] ORRICK, HERRINGTON & SUTCLIFFE LLP MICHAEL C. TU 777 South Figueroa Street, Suite 3200 Los Angeles, CA 90017-5855 Telephone: [phone] Fax: [phone] Counsel for the Special Litigation Committee of Coherent, Inc. and Nominal Defendant Coherent, Inc.

Dated: March 11, 2009

/s/ Robin Wechkin HOGAN & HARTSON LLP NORMAN J. BLEARS ROBIN WECHKIN 525 University Avenue, 2nd Floor Palo Alto, CA 94301 Telephone: [phone] Fax: [phone] Counsel for Defendant Scott H. Miller

-3-

STIPULATION AND [PROPOSED] O R D E R C-07-0955-JF

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

Dated: March 11, 2009

/s/ Michael R. Smith KING & SPALDING MICHAEL R. SMITH GEOFF EZGAR JUSTIN C. JEFFRIES 1180 Peachtree Street, NE At lanta, GA 30309 Telephone: [phone] Fax: [phone] - and ­ TAYLOR & COMPANY LAW OFFICES, INC. STEPHEN E. TAYLOR JESSICA L. GRANT One Ferry Building, Suite 355 San Francisco, CA 94111 Telephone: [phone] Fax: [phone] Counsel for Defendant Robert J. Quillinan

Dated: March 11, 2009

/s/ C. Brandon Wisoff FARELLA BRAUN & MARTEL, LLP DOUGLAS R. YOUNG C. BRANDON WISOFF 235 Montgomery Street, 7th Floor San Francisco, CA 94104 Telephone: [phone] Fax: [phone] Counsel for Defendant Bernard Couillaud

Dated: March 11, 2009

/s/ Jeffrey M. Kaban COOLEY GODWARD KRONISH, LLP WILLIAM S. FREEMAN JEFFREY M. KABAN Five Palo Alto Square 3000 El Camino Real Palo Alto, CA 94306 Telephone: [phone] Fax: [phone] Counsel for Defendant Henry E. Gauthier

-4-

STIPULATION AND [PROPOSED] O R D E R C-07-0955-JF

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

Dated: March 11, 2009

/s/ Diane M. Walters WILSON SONSINI GOODRICH & ROSATI NINA F. LOCKER CAZ HASHEMI DIANE M. WALTERS 650 Page Mill Road Palo Alto, CA 94304 Telephone: [phone] Fax: [phone] Counsel for Individual Defendants Charles W. Cantoni, Dennis C. Bucek, Garry W. Rogerson, Helene Simonet, John R. Ambroseo, John H. Hart, Lawrence Tomlinson, Luis Spinelli, Paul L. Meissner, Ronald A. Victor, Sandeep Vij, Vittorio Fossati-Bellani, Kevin McCarthy, James L. Taylor, Gerald C. Barker, Kevin P. Connors, Robert M. Gelber and James L. Hobart

I, Michael C. Tu, am the ECF user whose ID and password are being used to file this Stipulation and [Proposed] Order Extending Time to Respond to Complaint. In compliance with General Order 45(X), I hereby attest that the other signatories have concurred in this filing. /s/ Michael C. Tu Michael C. Tu ORDER Pursuant to the parties' stipulation, IT IS SO ORDERED. The Court's hearing on defendants' motions to dismiss and the Case Management Conference is rescheduled to March 9:00 23 -------- 2009 at 10:30 a.m. 20,

3/12/09 Dated: ___________________ HON. JEREMY FOGEL UNITED STATES DISTRICT COURT JUDGE

-5-

STIPULATION AND [PROPOSED] O R D E R C-07-0955-JF