Swiskay et al v. Wachovia Corporation et al

Filing 12

STIPULATION AND ORDER continuing the Initial Case Management Conference to 8/20/2009 at 02:30 PM. Signed by Judge Phyllis J. Hamilton on 06/12/09. (rbe, COURT STAFF) (Filed on 6/12/2009)

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MARC T.G. DWORSKY (SBN 157413) [e-mail] ROBERT L. DELL ANGELO (SBN 160409) [e-mail] PAUL J. KATZ (SBN 243932) [e-mail] MUNGER, TOLLES & OLSON LLP 355 South Grand Avenue Thirty-Fifth Floor Los Angeles, CA 90071-1560 Telephone: [phone] Facsimile: [phone] Attorneys for Defendants WACHOVIA CORPORATION, WACHOVIA CAPITAL TRUST IV, WACHOVIA CAPITAL TRUST X, WACHOVIA CAPITAL MARKETS, LLC, G. KENNEDY THOMPSON, MARK C. TREANOR, THOMAS J. WURTZ, PETER M. CARLSON, 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 MICHAEL SWISKAY and NORMAN LEVIN, Individually and on Behalf of All Others Similarly Situated, Plaintiffs, v. WACHOVIA CORPORATION, WACHOVIA CAPITAL TRUST IV, WACHOVIA CAPITAL TRUST X, G. KENNEDY THOMPSON, MARK C. TREANOR, THOMAS J. WURTZ, PETER M. CARLSON, JOHN D. BAKER II, ROBERT J. BROWN, PETER C. BROWNING, JOHN T. CASTEEN, III, JEROME A. GITT, WILLIAM H. GOODWIN, JR., MARYELLEN C.
STIPULATION REQUESTING POSTPONEMENT OF JUNE 18, 2009 INITIAL CASE MANAGEMENT CONFERENCE; CASE NO. CV 09-1000 (PJH)

CASE NO. CV 09-1000 (PJH) JOINT STIPULATION REQUESTING POSTPONEMENT OF JUNE 18, 2009 INITIAL CASE MANAGEMENT CONFERENCE; [PROPOSED] ORDER THEREON

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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 CAPITAL MARKETS, LLC, CITIGROUP GLOBAL MARKETS INC., MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED, MORGAN STANLEY & CO. INCORPORATED, and UBS SECURITIES LLC, Defendants.

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 18, 2009. 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 18, 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, -2STIPULATION REQUESTING POSTPONEMENT OF JUNE 18, 2009 INITIAL CASE MANAGEMENT CONFERENCE; CASE NO. CV 09-1000 (PJH)

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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 Orange County Employees' Retirement System, et al. v. Carlson, et al., Case No. CV 09-0999 (MMC) (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. 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 18, 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. /// /// /// /// /// -3STIPULATION REQUESTING POSTPONEMENT OF JUNE 18, 2009 INITIAL CASE MANAGEMENT CONFERENCE; CASE NO. CV 09-1000 (PJH)

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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 X, Wachovia Capital Markets, LLC, G. Kennedy Thompson, Mark C. Treanor, Thomas J. Wurtz, Peter M. Carlson, 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 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., UBS Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, and Morgan Stanley & Co., Incorporated BERNSTEIN LITOWITZ BERGER & GROSSMANN LLP

DATED: June 10, 2009

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 -4STIPULATION REQUESTING POSTPONEMENT OF JUNE 18, 2009 INITIAL CASE MANAGEMENT CONFERENCE; CASE NO. CV 09-1000 (PJH)

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BARROWAY TOPAZ KESSLER MELTZER & CHECK LLP 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 GLANCY BINKOW & GOLDBERG LLP 1801 Avenue of Stars, Suite 311 Los Angeles, CA 90067 Attorneys for Plaintiffs Swiskay, Levin and Miller

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 18, 2009 INITIAL CASE MANAGEMENT CONFERENCE; [PROPOSED] ORDER THEREON. In compliance with General Order 45 X(B), I hereby attest that Susan B. Brody and Timothy A. DeLange concur in this filing.

Date: June 10, 2009

By:

/s/ Paul J. Katz Paul J. Katz

ORDER 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 -6STIPULATION REQUESTING POSTPONEMENT OF JUNE 18, 2009 INITIAL CASE MANAGEMENT CONFERENCE; CASE NO. CV 09-1000 (PJH)

The Initial Case Management Conference, currently set for June 18, 2009, is hereby 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. The Initial Case Management is continued to Thursday, August 20, 2009 at 2:30 PM.

06/12/09 DATED: ___________________

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