Ratinova v. Johnson et al

Filing 41

ORDER Proposing a Stay of Proceedings in Consolidated Derivative Actions. Signed by Judge Lucy H. Koh on 1/30/12. (lhklc3, COURT STAFF) (Filed on 1/30/2012)

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1 2 3 4 5 6 7 UNITED STATES DISTRICT COURT 8 NORTHERN DISTRICT OF CALIFORNIA 9 SAN JOSE DIVISION United States District Court For the Northern District of California 10 11 OLGA RATINOVA, derivatively on behalf of JUNIPER NETWORKS, INC. 12 Plaintiff, 13 14 v. 15 KEVIN JOHNSON, et al., 16 Defendants. 17 and 18 JUNIPER NETWORKS, INC., 19 20 21 Nominal Defendant. LISA E. COPPOLA, IRA, derivatively on behalf of JUNIPER NETWORKS, INC. Plaintiff, 22 23 24 v. KEVIN JOHNSON, et al., 25 Defendants. 26 and 27 28 JUNIPER NETWORKS, INC., Nominal Defendant. ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) 1 Case No.: 11-cv-04792-LHK ORDER PROPOSING A STAY Case No.: 11-cv-04792-LHK Related Case No.: 11-cv-06667-LHK Related Case No.: 11-cv-04003-LHK ORDER PROPOSING A STAY OF PROCEEDINGS IN CONSOLIDATED DERIVATIVE ACTIONS 1 2 3 4 5 6 7 ) ) ) ) ) ) ) ) ) ) ) ) ) ) CITY OF ROYAL OAK RETIREMENT SYSTEM, Individually and on Behalf of All Others Similarly Situated, Plaintiff, v. JUNIPER NETWORKS, INC., KEVIN R. JOHNSON, ROBYN M. DENHOLM, and SCOTT G. KRIENS, Defendants. 8 9 In the Joint Case Management Statement, Plaintiff Olga Ratinova requested a stay of her United States District Court For the Northern District of California 10 derivative action until “a decision on the anticipated motion to dismiss the Class Action” in City of 11 Royal Oak Retirement System v. Juniper Networks, et al., Case No. 11-CV-04003-LHK. ECF No. 12 32 at 7. At the January 12, 2012 Initial Case Management Conference, Plaintiff Olga Ratinova 13 further clarified that her derivative action should be stayed until Plaintiff City of Royal Oak 14 Retirement System survived a motion to dismiss. There may be multiple rounds of motions to 15 dismiss. At the January 12, 2012 Initial Case Management Conference, the Court denied the stay 16 request, ordered the filing of an amended complaint, and set a briefing schedule for a motion to 17 dismiss Plaintiff Olga Ratinova’s derivative action, which was expected to be consolidated with 18 related derivative action, Coppola v. Johnson, Case No. 11CV-06667-HRL. 19 Having considered Plaintiff Olga Ratinova’s January 13, 2012 Opposition to, and 20 Defendants’ January 20, 2012 Reply in Support of, Defendants’ Motion to Proceed in One Forum, 21 the Court is inclined to grant a motion to stay the Ratinova action, which now has been 22 consolidated with the related Coppola derivative action, until Plaintiff City of Royal Oak 23 Retirement System survives a motion to dismiss. This would necessarily vacate Plaintiffs’ 24 deadline to amend the complaint and the motion to dismiss briefing schedule. Accordingly, the 25 Court proposes that the parties so stipulate and that Defendants withdraw their Motion to Proceed 26 in One Forum. Absent such a stipulation, the deadlines set forth in the January 12, 2012 Case 27 Management Order remain in effect. See ECF No. 37. The parties are ordered to file a joint status 28 2 Case No.: 11-cv-04792-LHK ORDER PROPOSING A STAY 1 report setting forth their positions on the Court’s proposal by 5:00 p.m. on Friday, February 3, 2 2012. 3 IT IS SO ORDERED. 4 5 Dated: January 30, 2012 _________________________________ LUCY H. KOH United States District Judge 6 7 8 9 United States District Court For the Northern District of California 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 3 Case No.: 11-cv-04792-LHK ORDER PROPOSING A STAY

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