Lee v. Ambroseo et al

Filing 78

ORDER GRANTING STIPULATED REQUEST TO EXTEND TIME TO RESPOND TO THE COMPLAINT re 77 Stipulation filed by Coherent, Inc., Coherent, Inc. Special Litigation Committee. Signed by Judge Jeremy Fogel on 2/5/08. (jfsec, COURT STAFF) (Filed on 2/5/2008)

In re Coherent, Inc. Shareholder Derivative Ligitation

Doc. 78

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OHS West:260369238.2 STIPULATION AND [PROPOSED] ORDER EXTENDING TIME TO RESPOND TO COMPLAINT C-07-0955-JF

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] 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 EXTENDING TIME TO RESPOND TO COMPLAINT

Dockets.Justia.com

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WHEREAS, on June 25, 2007, plaintiffs filed a consolidated amended complaint (the "Complaint") in this consolidated shareholder derivative action; WHEREAS, on December 6, 2007, the parties filed a stipulation and proposed order to extend the defendants' deadline to respond to the Complaint and related briefing schedule in light of mediation proceedings; WHEREAS, on December 10, 2007 the Court approved the parties' stipulation and continued defendants' deadline to respond to the Complaint to February 22, 2008; WHEREAS, a full day mediation was held on January 9, 2008 before the Hon. Howard Wiener (ret.); WHEREAS, Justice Wiener, the Coherent Special Litigation Committee and plaintiffs are currently engaging in continuing further settlement discussions, and have scheduled a further mediation before Justice Wiener on March 20, 2008; WHEREAS, in light of the foregoing, the parties have agreed, subject to Court approval, to continue the date for defendants' deadline to respond to the Complaint in order to facilitate the ongoing settlement discussions; WHEREAS, the agreed upon schedule is not for the purpose of delay, promotes judicial efficiency, and will not cause prejudice to any party; THEREFORE, IT IS STIPULATED AND AGREED by plaintiffs, defendants and the Special Litigation Committee, through their undersigned counsel, subject to approval of the Court, as follows: 1. Defendants' deadline to respond to the Complaint is continued from February 22,

2008 to April 18, 2008. 2. In the event that defendants file and serve motion(s) directed at the Complaint,

plaintiffs shall file and serve an opposition no later than June 2, 2008, and defendants shall file and serve a reply no later than July 2, 2008.

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STIPULATION AND [PROPOSED] ORDER EXTENDING TIME TO RESPOND TO COMPLAINT C-07-0955-JF

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3.

The Case Management Conference is rescheduled until such time that the Court

schedules a hearing on the responsive pleadings. IT IS SO STIPULATED. Dated: January 30, 2008 /s/ SCHIFFRIN, BARROWAY, TOPAZ & KESSLER, LLP ALAN R. PLUTZIK L. TIMOTHY FISHER NICHOLE BROWNING 2125 Oak Grove Road, Suite 120 Walnut Creek, CA 94598 Telephone: [phone] Fax: [phone] SCHIFFRIN, BARROWAY, TOPAZ & KESSLER, LLP LEE RUDY 280 King of Prussia Road Radnor, PA 19087 Telephone: [phone] Fax: [phone] Dated: January 30, 2008 /s/ 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

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STIPULATION AND [PROPOSED] ORDER EXTENDING TIME TO RESPOND TO COMPLAINT C-07-0955-JF

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Dated: January 30, 2008

/s/ HELLER EHRMAN LLP CHARLES RALPH JAEGER 333 Bush Street San Francisco, CA 94104 Telephone: [phone] Fax: [phone] HELLER EHRMAN LLP NORMAN J. BLEARS 275 Middlefield Road Menlo Park, CA 94025-3506 Telephone: [phone] Fax: [phone] Counsel for Defendant Scott H. Miller

Dated: January 30, 2008

/s/ KING & SPALDING MICHAEL R. SMITH JUSTIN C. JEFFRIES 1180 Peachtree Street, NE Atlanta, 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: January 30, 2008

/s/ 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
STIPULATION AND [PROPOSED] ORDER EXTENDING TIME TO RESPOND TO COMPLAINT C-07-0955-JF

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Dated: January 30, 2008

/s/ 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

Dated: January 30, 2008

/s/ WILSON SONSINI GOODRICH & ROSATI 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

Dated: January 30, 2008

/s/ 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.

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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.

2/5/08 Dated: ___________________ HON. JEREMY FOGEL UNITED STATES DISTRICT COURT JUDGE

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