Query v. Maxim Integrated Products, Inc. et al

Filing 199

STIPULATION AND ORDER Continuing Hearing on Motions from 5/11/2009 to 6/29/2009 re 198 Stipulation. Joint Statement due 6/19/2009. Set/Reset Deadlines as to 165 MOTION to Dismiss the Consolidated Class Action Complaint, 169 MOTION to Dismiss. Signed by Judge James Ware on 5/1/2009. (ecg, COURT STAFF) (Filed on 5/1/2009)

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JOSEPH S. ALLERHAND (Pro Hac Vice) [e-mail] JOHN A. NEUWIRTH (Pro Hac Vice) [e-mail] JOSHUA S. AMSEL (Pro Hac Vice) [e-mail] WEIL, GOTSHAL & MANGES LLP 767 Fifth Avenue New York, NY 10153 Tel: [phone] Fax: [phone]

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Attorneys for Defendant Maxim Integrated Products, Inc. 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28
STIPULATION AND [PROPOSED] ORDER Case No. C-08-00832-JW

[Additional Counsel on Signature Page] UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA SAN JOSE DIVISION ----------------------------------------------------------- x : In re MAXIM INTEGRATED PRODUCTS, : INC. SECURITIES LITIGATION : Case No. C-08-00832-JW : : ----------------------------------------------------------- x STIPULATION AND [PROPOSED] ORDER REGARDING MEDIATION AND DEFERRAL OF ARGUMENT AND DECISION ON PENDING MOTIONS TO DISMISS

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GREGORY D. HULL (Bar No. 57367) [e-mail] WEIL, GOTSHAL & MANGES LLP 201 Redwood Shores Parkway Redwood Shores, CA 94065 Tel: [phone] Fax: [phone]

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WHEREAS, on January 30, 2009, defendants Maxim Integrated Products, Inc. ("Maxim") and Timothy Ruehle each filed motions to dismiss the Consolidated Class Action Complaint in the above-captioned action (the "Motions to Dismiss"); WHEREAS, on January 30, 2009, defendant Carl W. Jasper filed a joinder to

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STIPULATION AND [PROPOSED] ORDER Case No. C-08-00832-JW

Maxim's Motion to Dismiss; WHEREAS, on April 27, 2009, defendant the Estate of John F. Gifford filed a joinder to Maxim's Motion to Dismiss; WHEREAS, the Motions to Dismiss have been fully briefed and oral argument is scheduled to be heard on May 11, 2009 at 9:00 a.m.; WHEREAS, the parties have determined to enter into mediation with the hope of reaching a settlement of this action; and WHEREAS, the parties have agreed to defer oral argument and to ask the Court not to decide the Motions to Dismiss pending the outcome of the parties' mediation; IT IS HEREBY STIPULATED AND AGREED, by and between the undersigned counsel, that oral argument on the Motions to Dismiss will be adjourned until, and the Motions to Dismiss will not be decided before, June 29, 2009.

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Dated: May 1, 2009

Respectfully submitted, BERNSTEIN LITOWITZ BERGER & GROSSMAN LLP /s/ Blair A. Nicholas BLAIR A. NICHOLAS [e-mail] TIMOTHY A. DELANGE [e-mail] 12481 High Bluff Drive, Suite 300 San Diego, CA 92130 Tel: [phone] Fax: [phone] Attorneys for Lead Plaintiffs The Cobb County Government Employees' Pension Plan, The DeKalb County Pension Plan and The Mississippi Public Employees Retirement System

WEIL, GOTSHAL & MANGES LLP /s/ John A. Neuwirth GREGORY D. HULL [e-mail] 201 Redwood Shores Parkway Redwood Shores, CA 94065 Tel: [phone] Fax: [phone] -andJOSEPH S. ALLERHAND (Pro Hac Vice) [e-mail] JOHN A. NEUWIRTH (Pro Hac Vice) [e-mail] JOSHUA S. AMSEL (Pro Hac Vice) [e-mail] 767 Fifth Avenue New York, NY 10153 Tel: [phone] Fax: [phone] Attorneys for Defendant Maxim Integrated Products, Inc.

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IRELL & MANELLA LLP /s/ Garland A. Kelley GARLAND A. KELLEY [e-mail] 1800 Avenue of the Stars, Suite 900 Los Angeles, CA 90067 Tel: [phone] Fax: [phone] Attorneys for Defendant The Estate of John F. Gifford

LATHAM & WATKINS LLP /s/ David M. Friedman DAVID M. FRIEDMAN [e-mail] 505 Montgomery Street, Suite 2000 San Francisco, CA 94111 Tel: [phone] Fax: [phone] Attorneys for Defendant Carl W. Jasper

O'MELVENY & MYERS LLP /s/ Meredith Landy MEREDITH LANDY [e-mail] 2765 Sand Hill Road Menlo Park, CA 94025 Tel: [phone] Fax: [phone] Attorneys for Defendant Timothy Ruehle Filer's Attestation: Pursuant to General Order No. 45, Section X(B) regarding signatures, I attest

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STIPULATION AND [PROPOSED] ORDER

under penalty of perjury that concurrence in the filing of the document has been obtained from Blair A. Nicholas, Garland A. Kelley, David M. Friedman and Meredith Landy.

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PURSUANT TO *** ORDER *** THE STIPULATION, IT IS SO ORDERED.

The Court finds good cause to grant the parties' request to defer the hearing on the various DATED: 2009 THE HONORABLE JAMES WARE Motions to Dismiss currently set for May 11, 2009. The Court continues hearing the Motions to UNITED STATES DISTRICT JUDGE June 29, 2009 at 9 a.m. On or before June 19, 2009, the parties shall file a Joint Statement to update the Court on the status of their settlement efforts. If the parties wish to continue their efforts beyond June 2009, the Court will remove the Motions from calendar and terminate them from the docket without prejudice to Defendants to refile them in the event settlement discussions are not fruitful.

Dated: May 1, 2009

_____________________________ JAMES WARE United States District Court

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Case No. C-08-00832-JW