Swiskay et al v. Wachovia Corporation et al

Filing 9

ORDER re 5 Stipulation,,, filed by Peter M. Carlson, John C. Whitaker, Jr., Donald M. James, Robert J. Brown, Ernest S. Rady, Lanty L. Smith, Dona Davis Young, Timothy D. Proctor, John T. Casteen, III, Wachovia Capital Markets, LLC, Wachovia Capita l Trust IV, Mark C. Treanor, Maryellen C. Herringer, Ruth G. Shaw, G. Kennedy Thompson, Robert A. Ingram, William H. Goodwin, Jr., John D. Baker, II, Wachovia Capital Trust X, Peter C. Browning, Jerome A. Gitt, Van L. Richey, Thomas J. Wurtz, Mackey J. McDonald, Wachovia Corporation, Joseph Neubauer. Signed by Judge Phyllis J. Hamilton on 3/18/09. (nah, COURT STAFF) (Filed on 3/18/2009)

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MARC T. DWORSKY (SBN 157413) [e-mail] ROBERT DELLANGELO (SBN 160409) [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 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, PETER M. CARLSON, ROSS E. JEFFRIES, JR., DAVID M. JULIAN, G. KENNEDY 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., 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 UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA ---------------------------------------------------------- X MICHAEL SWISKAY and NORMAN LEVIN, : : Individually and on Behalf of All Others : Similarly Situated, : Case No. CV 09-1000 (PJH) : Plaintiffs, : : v. : [PROPOSED] ORDER 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. 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 : 7335821.1
7342615.1 [Proposed]Order Case Nos. CV 09-1000 (PJH); CV 09-0998 (RMW) (HRL); CV ­9-0999 (MMC)

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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. : : : ---------------------------------------------------------- X : ARLETTE MILLER, on Behalf of Herself : and All Others Similarly Situated, : : Plaintiff, : v. : : WACHOVIA CORPORATION, : WACHOVIA CAPITAL TRUST IX, 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., 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. : ---------------------------------------------------------- X ORANGE COUNTY EMPLOYEES' : RETIREMENT SYSTEM, LOUISIANA : SHERIFFS' PENSION AND RELIEF FUND, : 7335821.1
7342615.1

Case No. CV 09-0998 (RMW) (HRL)

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[Proposed]Order Case Nos. CV 09-1000 (PJH); CV 09-0998 (RMW) (HRL); CV ­9-0999 (MMC)

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: : : : : : : Plaintiffs, : : v. : PETER M. CARLSON; ROSS E. JEFFRIES, : : JR.; DAVID M. JULIAN; G. KENNEDY : 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-IN: INTEREST 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 : GOVERNMENT OF GUAM RETIREMENT FUND and SOUTHEASTERN PENNSYLVANIA TRANSPORTATION AUTHORITY, Individually and on Behalf of All Others Similarly Situated, 7335821.1
7342615.1

Case No. CV ­9-0999 (MMC)

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[Proposed]Order Case Nos. CV 09-1000 (PJH); CV 09-0998 (RMW) (HRL); CV ­9-0999 (MMC)

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: 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. : 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 7335821.1
7342615.1

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[Proposed]Order Case Nos. CV 09-1000 (PJH); CV 09-0998 (RMW) (HRL); CV ­9-0999 (MMC)

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OWN BEHALF AND AS A SUCCESSOR-ININTEREST 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. : : : ---------------------------------------------------------- X

IT IS SO ORDERED, that Co-Lead and Class Counsel shall serve a Consolidated and Amended Complaint within sixty (60) days after the Court enders an order in respect to the anticipated Motion to Transfer, unless otherwise directed by the Court. IT IS FURTHER SO ORDERED, that the time to answer, move against, or otherwise respond to the Complaints in the above-captioned actions 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, Peter M. Carlson, Ross E. Jeffries, Jr., David M. Julian, G. Kennedy 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., 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., Dona Davis Young, Goldman, Sachs & Co., Citigroup Global Markets, Inc., UBS Securities LLC, Credit Suisse Securities (USA) LLC, 7335821.1
7342615.1

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[Proposed]Order Case Nos. CV 09-1000 (PJH); CV 09-0998 (RMW) (HRL); CV ­9-0999 (MMC)

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Utendahl Capital Partners, L.P., Samuel A. Ramirez & Company, Inc., Bank of America Corporation, Banc of America Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Morgan Stanley & Co., Incorporated, and KPMG, LLP, shall be extended through and include the sixtieth (60th) day after the Co-Lead and Class Counsel serve their Consolidated and Amended Complaint, unless otherwise directed by the Court. IT IS FURTHER SO ORDER, that the time for any defendants served with the Complaints after the date of the Stipulation Extending Time to Answer, Move, or Otherwise Respond to Complaint Pending Anticipated Motion on Consent to Transfer Pursuant to 28 U.S.C. § 1404(a) to answer, move against or otherwise respond to the Complaints in the abovecaptioned actions shall be no sooner than the sixtieth (60th) day after the Co-Lead and Class Counsel serve their Consolidated and Amended Complaint on said defendants, unless otherwise directed by the Court.

UNIT ED

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S DISTRICT TE C TA

DATED:

March 18

, 2009

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F D IS T IC T O R

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[Proposed]Order Case Nos. CV 09-1000 (PJH); CV 09-0998 (RMW) (HRL); CV ­9-0999 (MMC)

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BY: O ORD IT IS S DISTRICT COURT JUDGE UNITED STATES

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