Orange County Employees' Retirement System et al v. Carlson et al

Filing 13

ORDER CONTINUING CASE MANAGEMENT CONFERENCE. The Case Management Conference is continued to September 4, 2009. Signed by Judge Maxine M. Chesney on June 10, 2009. (mmclc2, COURT STAFF) (Filed on 6/10/2009)

Download PDF
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 MARC T.G. DWORSKY (SBN 157413) Marc.Dworsky@mto.com ROBERT L. DELL ANGELO (SBN 160409) Robert.DellAngelo@mto.com PAUL J. KATZ (SBN 243932) Paul.Katz@mto.com MUNGER, TOLLES & OLSON LLP 355 South Grand Avenue Thirty-Fifth Floor Los Angeles, CA 90071-1560 Telephone: (213) 683-9100 Facsimile: (213) 687-3702 Attorneys for Defendants WACHOVIA CORPORATION, WACHOVIA CAPITAL TRUST IV, WACHOVIA CAPITAL TRUST IX, WACHOVIA CAPITAL TRUST X, WACHOVIA BANK, N.A., WACHOVIA CAPITAL MARKETS, LLC, WACHOVIA SECURITIES, LLC, WELLS FARGO & COMPANY, AS SUCCESSOR-IN-INTEREST TO WACHOVIA CORPORATION, WELLS FARGO SECURITIES, LLC, G. KENNEDY THOMPSON, MARK C. TREANOR, THOMAS J. WURTZ, PETER M. CARLSON, ROSS E. JEFFRIES, JR., DAVID M. JULIAN, DONALD K. TRUSLOW, JOHN D. BAKER II, ROBERT J. BROWN, PETER C. BROWNING, JOHN T. CASTEEN, III, JEROME A. GITT, WILLIAM H. GOODWIN, JR., MARYELLEN C. HERRINGER, ROBERT A. INGRAM, DONALD M. JAMES, MACKEY J. McDONALD, JOSEPH NEUBAUER, TIMOTHY D. PROCTOR, ERNEST S. RADY, VAN L. RICHEY, RUTH G. SHAW, LANTY L. SMITH, JOHN C. WHITAKER, JR., and DONA DAVIS YOUNG (the "Wachovia Defendants") UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA SAN FRANCISCO DIVISION CASE NO. CV 09-0999 (MMC) ORANGE COUNTY EMPLOYEES' RETIREMENT SYSTEM, LOUISIANA SHERIFFS' PENSION AND RELIEF FUND, GOVERNMENT OF GUAM RETIREMENT FUND and SOUTHEASTERN PENNSYLVANIA TRANSPORTATION AUTHORITY, Individually and on Behalf of All Others Similarly Situated, Plaintiffs, vs. PETER M. CARLSON; ROSS E. JEFFRIES, JR.; DAVID M. JULIAN; G. KENNEDY STIPULATION REQUESTING POSTPONMENT OF JUNE 12, 2009 INITIAL CASE MANAGEMENT CONFERENCE; CASE NO. CV 09-0999 (MMC) JOINT STIPULATION REQUESTING POSTPONEMENT OF JUNE 12, 2009 INITIAL CASE MANAGEMENT CONFERENCE; [PROPOSED] ORDER THEREON 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 THOMPSON; MARK C. TREANOR; THOMAS J. WURTZ, DONALD K. TRUSLOW; JOHN D. BAKER, II; ROBERT J. BROWN; PETER C. BROWNING; JOHN T. CASTEEN, III; JEROME A. GITT; WILLIAM H. GOODWIN, JR.; MARY ELLEN C. HERRINGER; ROBERT A. INGRAM; DONALD M. JAMES; MACKEY J. MCDONALD; JOSEPH NEUBAUER; TIMOTHY D. PROCTOR; ERNEST S. RADY; VAN L. RICHEY; RUTH G. SHAW; LANTY L. SMITH; JOHN C. WHITAKER; JR.; DONA DAVIS YOUNG; WACHOVIA CORPORATION; WACHOVIA CAPITAL MARKETS, LLC; WACHOVIA SECURITIES, LLC; WACHOVIA CAPITAL TRUST IV; WACHOVIA CAPITAL TRUST IX; WACHOVIA CAPITAL TRUST X; WACHOVIA BANK, N.A.; WELLS FARGO & COMPANY (AS SUCCESSOR-ININTEREST TO WACHOVIA CORPORATION); ABN AMRO INCORPORATED; A.G. EDWARDS & SONS, INC.; BANK OF AMERICA CORPORATION; BANC OF AMERICA SECURITIES LLC; BARCLAYS CAPITAL INC.; BB&T CAPITAL MARKETS; B.C. ZIEGLER AND COMPANY; BEAR, STEARNS & CO., INC.; BNP PARIBAS SECURITIES CORP.; CABRERA CAPITAL MARKETS, LLC; CASTLEOAK SECURITIES, L.P.; CHARLES SCHWAB & CO.; C.L. KING & ASSOCIATES, INC.; CITIGROUP GLOBAL MARKETS, INC.; COMERICA SECURITIES INC.; COUNTRYWIDE SECURITIES CORPORATION; CREDIT SUISSE SECURITIES (USA) LLC; D.A. DAVIDSON & CO.; DAVENPORT & COMPANY LLC; DEUTSCHE BANK SECURITIES INC.; E*TRADE SECURITIES LLC; FERRIS, BAKER WATTS, INCORPORATED; FIDELITY CAPITAL MARKETS SERVICES; FIFTH THIRD SECURITIES, INC.; FIXED INCOME SECURITIES, L.P.; FTN FINANCIAL SECURITIES CORP.; GOLDMAN, SACHS & CO.; GREENWICH CAPITAL MARKETS, INC.; GUZMAN & COMPANY; HOWE BARNES HOEFER & ARNETT, INC.; H&R BLOCK FINANCIAL ADVISORS, INC.; HSBC SECURITIES (USA) INC.; JACKSON SECURITIES, LLC; JANNEY MONTGOMERY SCOTT LLC; J.B. HANAUER & CO.; JEFFERIES & COMPANY, INC.; J.J.B. HILLIARD, W.L. -2STIPULATION REQUESTING POSTPONMENT OF JUNE 12, 2009 INITIAL CASE MANAGEMENT CONFERENCE; CASE NO. CV 09-0999 (MMC) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 LYONS, INC.; J.P. MORGAN CHASE (AS SUCCESSOR-IN-INTEREST TO BEAR, STEARNS & CO., INC.); J.P. MORGAN SECURITIES INC.; JVB FINANCIAL GROUP, LLC; KEEFE, BRUYETTE & WOODS, INC.; KEYBANC CAPITAL MARKETS; LOOP CAPITAL MARKETS, LLC; MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED; MESIROW FINANCIAL INC.; MORGAN KEEGAN & COMPANY, INC.; MORGAN STANLEY & CO., INCORPORATED; M.R. BEAL & COMPANY; MURIEL SIEBERT & CO., INC.; NATCITY INVESTMENTS, INC.; OPPENHEIMER & CO. INC.; PERSHING LLC; PIPER JAFFRAY & CO.; POPULAR SECURITIES, INC.; RBC CAPITAL MARKETS CORPORATION; RBC DAIN RAUSCHER INC.; SAMUEL A. RAMIREZ & COMPANY, INC.; RAYMOND JAMES & ASSOCIATES, INC.; ROBERT W. BAIRD & CO.; ROSS, SINCLAIR & ASSOCIATES, LLC; RYAN BECK & CO., INC.; SANDLER O'NEILL & PARTNERS, L.P.; STERNE, AGEE & LEACH, INC.; STIFEL, NICOLAUS & COMPANY, INCORPORATED (ON ITS OWN BEHALF AND AS A SUCCESSOR-IN-INTEREST TO RYAN BECK & CO., INC.); SUNTRUST CAPITAL MARKETS, INC.; TD AMERITRADE, INC.; TOUSSAINT CAPITAL PARTNERS, LLC; UBS SECURITIES LLC; UTENDAHL CAPITAL PARTNERS, L.P.; WEDBUSH MORGAN SECURITIES INC.; WELLS FARGO SECURITIES, LLC; WILLIAM BLAIR & COMPANY L.L.C.; THE WILLIAMS CAPITAL GROUP, L.P.; and KPMG LLP, Defendants. 21 22 23 24 25 26 27 28 This stipulation is made with reference to the following facts: 1. On March 6, 2009, the above-referenced action was removed to this Court from the Superior Court of the State of California, County of Alameda. 2. That same day, this Court issued an order setting the Initial Case Management Conference for June 12, 2009. -3STIPULATION REQUESTING POSTPONMENT OF JUNE 12, 2009 INITIAL CASE MANAGEMENT CONFERENCE; CASE NO. CV 09-0999 (MMC) 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 3. On March 10, 2009, Plaintiffs and certain Defendants filed a stipulation with this Court which provided that -- in light of an anticipated motion to transfer the case to the Untied States District Court for the Southern District of New York pursuant to 28 U.S.C. 1404(a) -- Plaintiffs would have until sixty (60) days after the Court enters an order in respect to the anticipated motion to transfer in which to file a Consolidated and Amended Complaint and Defendants' time to answer, move, or otherwise respond to the Complaint would be extended through and including the sixtieth (60th) day after Plaintiffs serve their Consolidated and Amended Complaint. 4. On March 20, 2009 the Court entered an order granting Plaintiffs leave to file a Consolidated and Amended Complaint within sixty (60) days after the Court enters an order in respect to the anticipated motion to transfer and extending the Defendants' time to answer, move, or otherwise respond to the Complaint through and including the sixtieth (60th) day after Plaintiffs serve their Consolidated and Amended Complaint. 5. On March 26, 2009, counsel for the Wachovia Defendants filed on consent in Miller v. Wachovia Corporation, et al., Case No. CV 09-0998 (RMW) (HRL), a motion to relate the above-referenced action and Swiskay, et al. v. Wachovia Corporation, et al., Case No. CV 09-1000 (PJH) (collectively, the "Related Actions") (attached hereto as Exhibit A). The Miller court has yet to rule on the motion to relate. 6. On May 12, 2009, in anticipation of the Miller court's granting the above- referenced motion to relate, counsel for the Wachovia Defendants filed on consent in the Miller action a motion to transfer the Related Actions to the United States District Court for the Southern District of New York (attached hereto as Exhibit B). 7. The hearing for the above-referenced motion to transfer is currently scheduled for June 26, 2009. 8. The parties in the Related Actions anticipate that the Miller court will grant the unopposed motion to relate and the unopposed motion to transfer the Related Actions to the Southern District of New York. These anticipated rulings would obviate the need for a case management conference before this Court. -4STIPULATION REQUESTING POSTPONMENT OF JUNE 12, 2009 INITIAL CASE MANAGEMENT CONFERENCE; CASE NO. CV 09-0999 (MMC) 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 THEREFORE STIPULATED BY THE PARTIES, by and through their undersigned counsel of record, as follows: 1. The Initial Case Management Conference, currently set for June 12, 2009, should be continued until after the court in Miller v. Wachovia Corporation, et al., Case No. CV 09-0998 (RMW) (HRL), rules on the pending motion to relate and motion to transfer, to a date convenient for the Court. DATED: June 10, 2009 MUNGER, TOLLES & OLSON LLP Marc T.G. Dworsky Robert L. Dell Angelo Paul J. Katz By: /s/ Paul J. Katz Paul J. Katz Attorneys for Defendants Wachovia Corporation, Wachovia Capital Trust IV, Wachovia Capital Trust IX, Wachovia Capital Trust X, Wachovia Bank, N.A., Wachovia Capital Markets, LLC, Wachovia Securities LLC, Wells Fargo & Company, as successor-ininterest to Wachovia Corporation, Wells Fargo Securities, LLC, G. Kennedy Thompson, Mark C. Treanor, Thomas J. Wurtz, Peter M. Carlson, Ross E. Jeffries, Jr., David M. Julian, Donald K. Truslow, John D. Baker II, Robert J. Brown, Peter C. Browning, John T. Casteen, III, Jerome A. Gitt, William H. Goodwin, Jr., Maryellen C. Herringer, Robert A. Ingram, Donald M. James, Mackey J. McDonald, Joseph Neubauer, Timothy D. Proctor, Ernest S. Rady, Van L. Richey, Ruth G. Shaw, Lanty L. Smith, John C. Whitaker, Jr., and Dona Davis Young -5- STIPULATION REQUESTING POSTPONMENT OF JUNE 12, 2009 INITIAL CASE MANAGEMENT CONFERENCE; CASE NO. CV 09-0999 (MMC) 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: June 10, 2009 SIDLEY AUSTIN LLP By: /s/ Sara B. Brody Sara B. Brody 555 California Street Suite 2000 San Francisco, California 94104 Attorneys for Defendants Citigroup Global Markets, Inc., Credit Suisse Securities (USA) LLC, Goldman, Sachs & Co., Merrill Lynch, Pierce, Fenner & Smith Incorporated, Morgan Stanley & Co., Incorporated, UBS Securities LLC, ABN AMRO Incorporated, Bank of America Corporation, Banc of America Securities LLC, B.C. Ziegler and Company, BB&T Capital Markets, Bear, Stearns & Co., Inc., BNP Paribas Securities Corp., Charles Schwab & Co., Inc., Comerica Securities, Inc., C.L. King & Associates, Inc., Countrywide Securities Corporation, D.A. Davidson & Co., Deutsche Bank Securities Inc., Ferris, Baker Watts, Incorporated, Greenwich Capital Markets, Inc., Guzman & Company, H&R Block Financial Advisors, Inc., HSBC Securities (USA) Inc., Janney Montgomery Scott LLC, J.B. Hanauer & Co., J.P. Morgan Securities Inc., Jefferies & Company, Inc., JVB Financial Group, LLC, Keybank Capital Markets, Loop Capital Markets, LLC, M.R. Beal & Company, Mesirow Financial Inc., Morgan Keegan & Company, Inc., NatCity Investments, Inc., Piper Jaffray & Co., Popular Securities, Inc., Robert W. Baird & Co., RBC Capital Markets Corporation, RBC Dain Rauscher Inc., Ross, Sinclair & Associates, LLC, Ryan Beck & Co., Inc., Samuel A. Ramirez & Company, Inc., Sandler O'Neill & Partners, L.P., Stifel, Nicolaus & Company, Incorporated, SunTrust Capital Markets, Inc., TD Ameritrade, Inc., Utendahl Capital Partners, L.P., Wedbush Morgan Securities Inc. -6- STIPULATION REQUESTING POSTPONMENT OF JUNE 12, 2009 INITIAL CASE MANAGEMENT CONFERENCE; CASE NO. CV 09-0999 (MMC) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 DATED: June 10, 2009 MCGUIREWOODS LLP By: /s/ Leslie M. Werlin Leslie M. Werlin 1800 Century Park East 8th Floor Los Angeles, CA 90067 Attorneys for Defendant KPMG, LLP DATED: June 10, 2009 BERNSTEIN LITOWITZ BERGER & GROSSMANN LLP By: /s/ Timothy A. DeLange Timothy A. DeLange 12481 High Bluff Drive, Suite 300 San Diego, CA 92130 Attorneys for Plaintiffs Orange County Employees' Retirement System, Louisiana Sheriffs' Pension and Relief Fund, Government of Guam Retirement Fund and Co-Lead Counsel for the Class BARROWAY TOPAZ KESSLER MELTZER & CHECK LLP 17 18 19 20 21 22 23 24 25 26 27 28 -7STIPULATION REQUESTING POSTPONMENT OF JUNE 12, 2009 INITIAL CASE MANAGEMENT CONFERENCE; CASE NO. CV 09-0999 (MMC) Nichole Browning 2125 Oak Grove Road, Suite 120 Walnut Creek, CA 94598 Attorneys for Plaintiff Southeastern Pennsylvania Transportation Authority and Co-Lead Counsel for Class COUGHLIN STOIA GELLER RUDMAN & ROBBINS LLP 58 South Service Road, Suite 200 Melville, NY 11747 Attorneys for Plaintiff Miller and Co-Lead Counsel for the Class 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 Date: June 10, 2009 Filer's Attestation: I, Paul J. Katz, am the ECF user whose identification and password are being used to file this JOINT STIPULATION REQUESTING POSTPONEMENT OF JUNE 12, 2009 INITIAL CASE MANAGEMENT CONFERENCE; [PROPOSED] ORDER THEREON. In compliance with General Order 45 X(B), I hereby attest that Susan B. Brody, Leslie M. Werlin and Timothy A. DeLange concur in this filing. By: /s/ Paul J. Katz Paul J. Katz -8- STIPULATION REQUESTING POSTPONMENT OF JUNE 12, 2009 INITIAL CASE MANAGEMENT CONFERENCE; CASE NO. CV 09-0999 (MMC) 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 The Initial Case Management Conference, currently set for June 12, 2009, is hereby to September 4, 2009. continued until after the court in Miller v. Wachovia Corp., Case No. CV 09-0998 (RMW) (HRL) rules on the pending motion to relate and motion to transfer. IT IS SO ORDERED. June 10, 2009 DATED: ___________________ ____________________________ Hon. Maxine M. Chesney -9- STIPULATION REQUESTING POSTPONMENT OF JUNE 12, 2009 INITIAL CASE MANAGEMENT CONFERENCE; CASE NO. CV 09-0999 (MMC)

Disclaimer: Justia Dockets & Filings provides public litigation records from the federal appellate and district courts. These filings and docket sheets should not be considered findings of fact or liability, nor do they necessarily reflect the view of Justia.


Why Is My Information Online?