Ratinova v. Johnson et al

Filing 40

Order by Hon. Lucy H. Koh granting (36) Stipulation in case 5:11-cv-04792-LHK to Consolidate Shareholder Derivative Actions.Associated Cases: 5:11-cv-04792-LHK, 5:11-cv-06667-LHK(lhklc3, COURT STAFF) (Filed on 1/30/2012)

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Case5:11-cv-04792-LHK Document36 Filed01/17/12 Page1 of 9 1 2 3 4 5 6 7 8 9 10 BRAMSON, PLUTZIK, MAHLER & BIRKHAEUSER ALAN R. PLUTZIK (State Bar No. 77785) aplutzik@bramsonplutzik.com MICHAEL S. STRIMLING (State Bar No. 96135) mstrimling@bramsonplutzk.com 2125 Oak Grove Road, Suite 120 Walnut Creek, CA 94598 Telephone: (925) 945-0200 Facsimile: (925) 945-8792 LEVI & KORSINKY, LLP DOUGLAS E. JULIE (admitted pro hac vice) djulie@zlk.com JOSEPH LEVI (admitted pro hac vice) jlevi@zlk.com 30 Broad Street, 15th Floor New York, NY 10004 Telephone: (212) 363-7500 Facsimile: (212) 363-7171 14 LAW OFFICES OF DAVID A. BAIN, LLC DAVID A. BAIN (admitted pro hac vice) dbain@bain-law.com 1050 Promenade II 1230 Peachtree Street, NE Atlanta, GA 30309 Tel: (404) 724-9990 Fax: (404) 724-9986 15 Attorneys for Plaintiffs Olga Ratinova and Lisa E. Coppola, IRA 11 12 13 16 17 UNITED STATES DISTRICT COURT 18 NORTHERN DISTRICT OF CALIFORNIA 19 SAN JOSE DIVISION 20 21 OLGA RATINOVA, derivatively on behalf of JUNIPER NETWORKS, INC., 22 Plaintiff, 23 v. 24 25 26 27 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, 28 Defendants, STIPULATION AND [PROPOSED] ORDER CASES NOS.: 11-CV-4003-LHK, 11-CV-4792-HRL ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) CASE NO: 11-CV-4792-LHK STIPULATION AND [PROPOSED] ORDER REGARDING CONSOLIDATION Case5:11-cv-04792-LHK Document36 Filed01/17/12 Page2 of 9 1 and ) ) ) 2 JUNIPER NETWORKS, INC. 3 ) LISA E. COPPOLA, IRA, derivatively on behalf ) of JUNIPER NETWORKS, INC., ) ) Plaintiff, ) ) v. ) ) 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, ) ) Defendants, ) ) and ) ) JUNIPER NETWORKS, INC., ) ) Nominal Defendant. ) ) 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 STIPULATION AND [PROPOSED] ORDER CASES NOS.: 11-CV-4003-LHK, 11-CV-4792-HRL CASE NO: 11-CV-06667-LHK Case5:11-cv-04792-LHK Document36 Filed01/17/12 Page3 of 9 WHEREAS, plaintiff Olga Ratinova (“Ratinova”) filed a Verified Shareholder Derivative 1 2 Complaint on September 27, 2011 (the “Ratinova Action”); WHEREAS, plaintiff Lisa E. Coppola, IRA (“Coppola”) filed a Verified Shareholder 3 4 Derivative Complaint December 28, 2011 (the “Coppola Action”); 5 WHEREAS, all parties agree that consolidating the Ratinova Action, the Coppola Action, 6 and all similar later filed actions is in the interests of judicial economy and the efficient 7 management of this litigation; 8 WHEREAS, all parties agree that lead and liaison counsel should be appointed on behalf 9 of plaintiffs in such consolidated litigation, with Ratinova and Coppola agreeing that the law 10 firms Levi & Korsinsky LLP (“Levi & Korsinsky”) and the Law Offices of David A Bain, LLC 11 (the “Bain Firm”) should be appointed Co-Lead Counsel and Bramson, Plutzik, Mahler & 12 Birkhaeuser (“Bramson, Plutzik”) should be appointed Liaison Counsel, and Defendants take no 13 position on the appointment of lead and liaison counsel; NOW, THEREFORE, the parties hereby agree and stipulate as follows: 1. The cases described in this paragraph are referred to herein as the “Consolidated 14 15 16 Actions.” The above-captioned shareholder derivative actions pending in this District are hereby 17 consolidated pursuant to Rule 42(a) of the Federal Rules of Civil procedure for purposes 18 including, but not limited to, discovery, pretrial proceedings and trial. Any other shareholder 19 derivative action that is subsequently filed in or transferred to this Court that arises out of or is 20 related to the same facts and claims alleged in the complaints in the any of the Consolidated 21 Actions shall be immediately consolidated with the Consolidated Actions, except as specified 22 23 24 herein. 2. A Master Docket is hereby established for the Consolidated Actions. The original 25 of this order shall be filed by the Clerk in the Master File. The Clerk shall mail a copy of this 26 Order to counsel of record in each of the Consolidated Actions. Entries in the Master Docket shall 27 be applicable to the Consolidated Actions as more fully set forth below. The Clerk of the Court 28 STIPULATION AND [PROPOSED] ORDER CASES NOS.: 11-CV-4003-LHK, 11-CV-4792-HRL Case5:11-cv-04792-LHK Document36 Filed01/17/12 Page4 of 9 1 shall file all pleadings in any of the actions in the Master File and shall note such filing in the 2 Master Docket. No further copies need be filed or docket entries made. The terms of this Order 3 shall not have the effect of making any person, firm or corporation a party to any action in which 4 he, she or it has not been named, served or added as such in accordance with the Federal Rules of 5 Civil Procedure. 6 3. If a shareholder derivative action related to the same subject matters as these 7 Consolidated Actions is hereafter filed in this Court or transferred here from another Court, the 8 9 Clerk of this Court shall: • • • • File a copy of this Order in the separate file for such action; Notify all counsel of record of the filing or transfer of such action; Make an appropriate entry in the Master Docket; Mail to counsel of record in the newly filed or transferred case a copy of this Order; and • Upon the first appearance of any new defendants, mail to the attorneys for the defendants in such newly filed or transferred case a copy of this Order. 10 11 12 13 14 15 All counsel shall assist the Clerk of the Court by calling to the attention of the Clerk the 16 filing or transfer of any case which might properly be consolidated with these Consolidated 17 Actions. 18 This Order shall apply to each shareholder derivative action that is subsequently filed in or 19 transferred to this Court, or consolidated with any of these actions, that arises out of or is related to 20 the same facts and claims alleged in the complaints in the Consolidated Actions, unless a party 21 objecting to the consolidation of such case or to any other provision of this Order shall, within ten 22 23 (10) days after the date upon which a copy of this Order is mailed to counsel for such party, files 24 an application for relief from this Order or any provision herein and this Court deems it 25 appropriate to grant the application. The provisions of this Order shall apply to such action 26 pending the Court’s ruling on the application. 27 28 STIPULATION AND [PROPOSED] ORDER CASES NOS.: 11-CV-4003-LHK, 11-CV-4792-HRL Case5:11-cv-04792-LHK Document36 Filed01/17/12 Page5 of 9 1 The defendants do not have to answer, move or otherwise respond to any complaints filed 2 in any of the actions consolidated hereunder or any action subsequently filed and consolidated, 3 except that defendants must answer or otherwise respond to the Consolidated Complaint to be 4 filed by Co-Lead Counsel in this action or as otherwise ordered by the Court. Nothing in the 5 foregoing shall be construed as a waiver of the defendants’ right to object to consolidation of any 6 subsequently-filed or transferred related action. 7 4. Every pleading filed in these Consolidated Actions shall bear the following caption: 8 9 UNITED STATES DISTRICT COURT 10 NORTHERN DISTRICT OF CALIFORNIA 11 12 13 SAN JOSE DIVISION IN RE JUNIPER NETWORKS, INC. SHAREHOLDER DERIVATIVE LITIGATION Master File No. 11-CV-04792-LHK 14 This Document Relates To: 15 16 17 When a document is intended to be applicable to all actions to which this Order is 18 applicable, the words “All Actions” shall appear immediately after the words “This Document 19 Relates To” in the caption set forth above. When a document is intended to be applicable only to 20 some, but not all, actions, immediately after the words “This Document Relates To:” in the 21 caption described above, there shall appear “Civil Action No. [insert number] [insert name of 22 23 24 Plaintiff].” 5. Levi & Korsinsky and the Bain Firm are hereby appointed Co-Lead Counsel for 25 plaintiffs in this action. Co-Lead Counsel are hereby vested by the Court with the following 26 responsibilities and duties for plaintiffs in connection with this action: 27 a. To direct and coordinate the briefing and arguing of motions; 28 STIPULATION AND [PROPOSED] ORDER CASES NOS.: 11-CV-4003-LHK, 11-CV-4792-HRL Case5:11-cv-04792-LHK Document36 Filed01/17/12 Page6 of 9 b. 1 To direct and coordinate the initiation and conduct of discovery 2 proceedings, including, but not limited to, requests for production of documents and/or 3 third party subpoenas. 4 5 c. To direct and coordinate the examination of witnesses in depositions and oral interrogatories; 6 d. To act as spokesperson at pretrial conferences; e. To call meetings of plaintiffs’ counsel as appropriate or necessary from time 7 8 9 to time; f. 10 To direct the preparation for a trial of this matter and to delegate work 11 responsibilities to selected counsel as may be required in such a manner as to lead to the 12 orderly and efficient prosecution of this litigation and to avoid duplicative or unproductive 13 effort. 14 g. To direct and coordinate the conduct of pre-trial, trial and post-trial 15 16 proceedings; 17 h. To consult with and employ experts; 18 i. To coordinate and collect monthly time and expense reports from all 19 20 21 plaintiffs’ attorneys in this action; j. To initiate and conduct all settlement negotiations with counsel for defendants; and 22 k. To perform such other duties as may be expressly authorized by further 23 24 order of the Court. 25 No motion, request for discovery, or other pre-trial proceedings shall be initiated or filed 26 by any plaintiff except through Co-Lead Counsel. Defendants’ counsel may rely upon all 27 agreements made with either Co-Lead Counsel, and such agreements shall be binding on all 28 STIPULATION AND [PROPOSED] ORDER CASES NOS.: 11-CV-4003-LHK, 11-CV-4792-HRL Case5:11-cv-04792-LHK Document36 Filed01/17/12 Page7 of 9 1 plaintiffs in this action. Co-Lead Counsel are hereby designated as the counsel for plaintiffs upon 2 whom all notices, orders, pleadings, motions, discovery, and memoranda may be served and 3 defendants shall effect service of papers on plaintiffs by serving Co-Lead Counsel. If defendants 4 file a single pleading or other paper directed to all plaintiffs in this action, the response on behalf 5 of plaintiffs shall be made in a single pleading or other paper to be served by Co-Lead Counsel. 6 All plaintiffs in this action shall be bound by that pleading or paper. The organizational structure 7 established by this Order shall bind counsel for plaintiffs in this action or any subsequently filed 8 9 10 cases consolidated therewith. 6. Bramson, Plutzik is hereby appointed Liaison Counsel for plaintiffs in this action. 11 Liaison Counsel will be available and responsible for communications to and from this Court, 12 including distributing orders and other directions from the Court to counsel. Plaintiff’s Liaison 13 Counsel will be responsible for creating and maintaining a master service list of all parties and 14 their respective counsel. 15 16 7. Waiving only the defenses of insufficiency of process and insufficiency of service 17 of process, the undersigned counsel, on behalf of each named Defendant, acknowledges service of 18 the complaint in the Coppola action. 19 20 21 8. The parties agree that defendants’ Motion To Proceed In One Forum, made December 16, 2011 in the Ratinova Action shall be deemed as having been made in all of the Consolidated Actions. 22 9. The Case Management Conference scheduled for March 27, 2012 in the Coppola 23 24 Action is adjourned pending consolidation of the above-captioned actions. The parties to the 25 Coppola Action need not file a separate Case Management Conference Statement. 26 Dated: January 17, 2012 27 28 STIPULATION AND [PROPOSED] ORDER CASES NOS.: 11-CV-4003-LHK, 11-CV-4792-HRL LEVI & KORSINKY, LLP Case5:11-cv-04792-LHK Document36 Filed01/17/12 Page8 of 9 By: /s/ Douglas E. Julie Doug Julie 1 2 Attorneys for Plaintiffs Olga Ratinova and Lisa E. Coppola, IRA 3 4 Dated: January 17, 2012 LAW OFFICES OF DAVID A. BAIN, LLC 5 6 By: /s/ David A. Bain David A. Bain 7 Attorneys for Plaintiff Lisa E. Coppola, IRA 8 9 Dated: January 17, 2012 10 By: s/ Alan R. Plutzik Alan R. Plutzik 11 12 2125 Oak Grove Road, Suite 120 Walnut Creek, CA 94598 E-mail: aplutzik@bramsonplutzik.com 13 14 Attorneys for Plaintiffs Olga Ratinova and Lisa E. Coppola, IRA 15 16 BRAMSON, PLUTZIK, MAHLER & BIRKHAEUSER Dated: January 17, 2012 17 18 WILSON SONSINI GOODRICH & ROSATI Professional Corporation By: /s/ Joni Ostler Joni Ostler 19 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 20 21 22 23 24 25 26 27 28 STIPULATION AND [PROPOSED] ORDER CASES NOS.: 11-CV-4003-LHK, 11-CV-4792-HRL Case5:11-cv-04792-LHK Document36 Filed01/17/12 Page9 of 9 ORDER 1 2 3 4 The above stipulation having been considered, and good cause appearing therefore, IT IS SO ORDERED. January 18, 2012 30, 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 CASES NOS.: 11-CV-4003-LHK, 11-CV-4792-HRL

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