City of Royal Oak Retirement System v. Juniper Networks, Inc. et al

Filing 45

Order by Hon. Lucy H. Koh in case 5:11-cv-04003-LHK; granting (42) Stipulation Temporarily Staying Action.Associated Cases: 5:11-cv-04792-LHK, 5:11-cv-04003-LHK, 5:11-cv-06667-LHK(lhklc3, COURT STAFF) (Filed on 2/6/2012)

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Case5:11-cv-04792-LHK Document42 Filed02/03/12 Page1 of 5 1 2 3 4 5 6 7 8 9 10 11 12 NINA F. LOCKER, State Bar No. 123838 nlocker@wsgr.com STEVEN GUGGENHEIM, State Bar No. 201386 sguggenheim@wsgr.com JONI OSTLER, State Bar No. 230009 jostler@wsgr.com JESSICA L. SNORGRASS, State Bar No. 259962 jsnorgrass@wsgr.com WILSON SONSINI GOODRICH & ROSATI Professional Corporation 650 Page Mill Road Palo Alto, CA 94304-1050 Telephone: (650) 493-9300 Facsimile: (650) 565-5100 Attorneys for Defendants Kevin Johnson, Scott Kriens, Pradeep Sindhu, Robert M. Calderoni, Mary B. Cranston, John Michael Lawrie, Stratton Sclavos, William R. Stensrud, William Meehan, David Schlotterbeck, Mercedes Johnson, Robyn M. Denholm, and Nominal Defendant Juniper Networks, Inc. 13 14 UNITED STATES DISTRICT COURT 15 NORTHERN DISTRICT OF CALIFORNIA 16 SAN JOSE DIVISION 17 18 19 IN RE JUNIPER NETWORKS, INC. SHAREHOLDER DERIVATIVE LITIGATION 20 21 22 23 24 25 26 27 28 STIPULATION AND [PROPOSED] ORDER MASTER FILE NO.: 11-CV-4792-LHK ) ) ) ) ) ) ) ) ) ) ) Master File No. 11-CV-4792-LHK STIPULATION AND [PROPOSED] ORDER TEMPORARILY STAYING ACTION Case5:11-cv-04792-LHK Document42 Filed02/03/12 Page2 of 5 Having conferred pursuant to the Court’s Order Proposing a Stay of Proceedings in 1 2 Consolidated Derivative Actions dated January 30, 2012, the parties hereby stipulate and agree, 3 and request that the Court order, as follows: 1. 4 In the interests of efficiency, the above-captioned consolidated shareholder 5 derivative action should be and is hereby stayed until such time as an order is entered denying a 6 motion to dismiss in the related class action City of Royal Oak Retirement System v. Juniper 7 Networks, Inc., et al., Case No. 11-CV-04003-LHK (the “Class Action”); 2. 8 9 The Defendants hereby withdraw their Motion to Proceed in One Forum without prejudice to Defendants’ rights to renew that motion or to seek a further stay in the event that an 10 order is entered denying a motion to dismiss in the Class Action and the plaintiffs in the 11 currently pending state derivative action captioned In re Juniper Networks, Inc. Shareholder 12 Derivative Litigation, Lead Case No. 111CV-207701, are prosecuting or seek to prosecute that 13 action; 14 3. Any party may, for good cause shown, move the Court to lift the stay at any time; 15 4. The current deadline to amend the complaint and the motion to dismiss briefing 16 schedule are vacated, and the Case Management Conference scheduled for March 22, 2012 is 17 hereby adjourned; 18 5. 19 20 21 22 23 24 25 In the event that an order is entered denying a motion to dismiss in the Class Action, the following schedule shall apply: (a) Plaintiffs shall file their amended complaint within thirty days of the date the Court issues an order denying in whole or in part a motion to dismiss the Class Action; (b) Defendants shall file their motion(s) to dismiss the amended complaint within thirty days thereafter; (c) Plaintiffs shall file their opposition(s) to Defendants’ motion(s) to dismiss thirty days thereafter; and 26 (d) Defendants shall file their reply(ies) in support of their motion(s) to 27 dismiss within 21 days thereafter. 28 STIPULATION AND [PROPOSED] ORDER MASTER FILE NO.: 11-CV-4792-LHK 1 Case5:11-cv-04792-LHK Document42 Filed02/03/12 Page3 of 5 1 Dated: February 3, 2012 LEVI & KORSINKY, LLP 2 By: s/ Doug Julie Doug Julie 3 4 Attorneys for Plaintiffs Olga Ratinova and Lisa E. Coppola, IRA 5 6 7 Dated: February 3, 2012 By: s/ David A. Bain David A. Bain 8 9 Attorneys for Plaintiff Lisa E. Coppola, IRA 10 11 Dated: February 3, 2012 12 BRAMSON, PLUTZIK, MAHLER & BIRKHAEUSER By: s/ Alan R. Plutzik Alan R. Plutzik 13 14 2125 Oak Grove Road, Suite 120 Walnut Creek, CA 94598 E-mail: aplutzik@bramsonplutzik.com 15 16 Attorneys for Plaintiffs Olga Ratinova and Lisa E. Coppola, IRA 17 18 LAW OFFICES OF DAVID A. BAIN, LLC Dated: February 3, 2012 WILSON SONSINI GOODRICH & ROSATI Professional Corporation 19 20 By: s/ Joni Ostler Joni Ostler 21 Attorneys for Nominal Defendant Juniper Networks, Inc. and Defendants Kevin Johnson, Scott Kriens, Pradeep Sindhu, Robert M. Calderoni, Mary B. Cranston, John Michael Lawrie, Stratton Sclavos, William R. Stensrud, William Meehan, David Schlotterbeck, Mercedes Johnson and Robyn M. Denholm 22 23 24 25 26 27 28 STIPULATION AND [PROPOSED] ORDER MASTER FILE NO.: 11-CV-4792-LHK 2 Case5:11-cv-04792-LHK Document42 Filed02/03/12 Page4 of 5 1 ORDER 2 The above stipulation having been considered, and good cause appearing therefore, 3 4 IT IS SO ORDERED. The Clerk shall administratively close the file. February 6, 2012 DATED: __________________ 5 6 __________________________________ THE HONORABLE LUCY H. KOH United States District Judge 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 STIPULATION AND [PROPOSED] ORDER MASTER FILE NO.: 11-CV-4792-LHK 3

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