Lowinger v. MGM Mirage et al
Filing
346
ORDER re 343 STIPULATION to Stay re: Class Certification. The Court will hold its decision on Plaintiffs' 283 Motion to Certify Class in abeyance and not issue, file or publish any decision until 7/29/2015. Signed by Chief Judge Gloria M. Navarro on 7/7/15. (Copies have been distributed pursuant to the NEF - PS)
1 GEORGE M. GARVEY (admitted pro hac vice)
george.garvey@mto.com
2 GREGORY D. PHILLIPS (admitted pro hac vice)
3 gregory.phillips@mto.com
BENJAMIN J. MARO (admitted pro hac vice)
4 benjamin.maro@mto.com
MUNGER, TOLLES & OLSON LLP
5 355 South Grand Avenue
Thirty-Fifth Floor
6 Los Angeles, California 90071-1560
7 Telephone: (213) 683-9100
Facsimile: (213) 687-3702
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TODD L. BICE (Bar No. 4534)
9 tlb@pisanelli.com
10 PISANELLI BICE, PLLC
400 South 7th Street, Suite 300
11 Las Vegas, Nevada 89101
12 Attorneys for Defendant
MGM RESORTS INTERNATIONAL
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[Additional counsel listed on signature page]
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UNITED STATES DISTRICT COURT
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DISTRICT OF NEVADA, SOUTHERN DIVISION
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No. 2:09-cv-01558-GMN-VCF
In re MGM MIRAGE SECURITIES
LITIGATION
CLASS ACTION
JOINT STIPULATION AND [PROPOSED]
ORDER TO HOLD DECISION ON CLASS
CERTIFICATION MOTION IN ABEYANCE
PENDING MEDIATION
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Judge: Hon. Judge Navarro
Judge: Hon. Magistrate Judge Ferenbach
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JOINT STIPULATION AND [PROPOSED] ORDER REGARDING CLASS CERTIFICATION DECISION
Lead Plaintiffs1 and Defendants2 (together, the “Parties”), by and through counsel, hereby
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2 stipulate to request that the Court hold its decision on Plaintiffs’ Motion for Class Certification
3 (Dkt. No. 283) in abeyance for at least an additional 30 days, as set forth below.
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A.
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Plaintiffs filed their Motion for Class Certification (Dkt No. 283) on November 12, 2014.
Background on Motion for Class Certification
6 Defendants filed their Opposition to Plaintiffs’ Motion for Class Certification (Dkt. No. 303) on
7 February 2, 2015. Plaintiffs filed their Reply in Support of their Motion for Class Certification
8 (Dkt No. 319) on April 2, 2015. The Court heard oral argument on Plaintiffs’ Motion for Class
9 Certification on April 21, 2015 and took the motion under submission.
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B.
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On May 13, 2015, the Parties participated in a mediation of this matter before the
Reasons for Requested Relief
12 Honorable Judge Layn R. Phillips, former United States District Judge for the Western District of
13 Oklahoma. Following that mediation session, Judge Phillips recommended a second mediation
14 session. In the interim, Judge Phillips recommended that the Parties agree to a 40-day stand down
15 of the litigation to preserve insurance proceeds and that the Parties jointly request that the Court
16 extend all of the current deadlines in the Scheduling Order by 40 days. Judge Phillips also
17 recommended that the Parties agree to jointly request that the Court hold its decision on Plaintiffs’
18 Motion for Class Certification (Dkt. No. 283) in abeyance until at least the expiration of the 4019 day stand down. The Parties submitted a stipulation on May 19, 2015 to effectuate Judge Phillips’
20 recommendation with respect to a decision on Plaintiffs’ class certification motion (Dkt. No. 339)
21 and the Court signed that stipulation on May 21, 2015 (Dkt. No. 342).
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On June 10, 2015, the parties participated in a second mediation session before Judge
23 Phillips and since June 10, Judge Phillips has continued to assist the Parties with settlement
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“Lead Plaintiffs” refers to Arkansas Teacher Retirement System, Philadelphia Board of
Pensions and Retirement, Luzerne County Retirement System, and Stichting Pensioenfonds
26 Metaal en Techniek.
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“Defendants” refers to MGM Resorts International (“MGM”), James J. Murren, Daniel J.
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D’Arrigo, Robert C. Baldwin, and Deborah Hower Lanni, as Co-Executor of the Estate of J.
28 Terrence Lanni.
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-1JOINT STIPULATION AND [PROPOSED] ORDER REGARDING CLASS CERTIFICATION DECISION
1 negotiations. Judge Phillips has now again recommended that the Parties jointly request that the
2 Court hold its decision on Plaintiffs’ Motion for Class Certification (Dkt. No. 283) in abeyance
3 until at least another 30 days and to extend all of the current deadlines in the Scheduling Order by
4 30 days.3 The Parties have accepted that recommendation and therefore submit this stipulation.
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IT IS ACCORDINGLY STIPULATED, by and between the undersigned counsel for the
6 Parties, that the Parties jointly request that the Court hold its decision on Plaintiffs’ Motion for
7 Class Certification (Dkt. No. 283) in abeyance and not issue, file, or publish any decision on that
8 motion for at least 30 days – i.e., until at least July 29, 2015.
9 DATED: June 29, 2015
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Respectfully submitted,
NIX, PATTERSON & ROACH, LLP
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/s/ Jeffrey J. Angelovich
JEFFREY J. ANGELOVICH
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On behalf of Lead Counsel for Plaintiffs, including
KESSLER TOPAZ MELTZER & CHECK LLP
and ROBBINS GELLER RUDMAN & DOWD
LLP
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DATED: June 29, 2015
PISANELLI BICE, PLLC
MUNGER, TOLLES & OLSON LLP
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/s/ George M. Garvey
GEORGE M. GARVEY
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Attorneys for Defendant
MGM RESORTS INTERNATIONAL
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DATED: June 29, 2015
MORRIS LAW GROUP
IRELL & MANELLA LLP
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/s/ Glenn K. Vanzura
GLENN K. VANZURA
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The Parties have submitted a separate stipulation to Magistrate Judge Ferenbach to address the
28 scheduling issues recommended by Judge Phillips.
-2JOINT STIPULATION AND [PROPOSED] ORDER REGARDING CLASS CERTIFICATION DECISION
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Attorneys for Defendants
JAMES J. MURREN, DANIEL J. D’ARRIGO,
ROBERT C. BALDWIN, and DEBORAH
HOWER LANNI, AS CO-EXECUTOR OF THE
ESTATE OF J. TERRENCE LANNI
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-3JOINT STIPULATION AND [PROPOSED] ORDER REGARDING CLASS CERTIFICATION DECISION
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Order
IT IS SO ORDERED, this __ day of of July,
this 7th day __________, 2015, that the Court will hold its
3 decision on Plaintiffs’ Motion for Class Certification (Dkt. No. 283) in abeyance and not issue,
4 file, or publish any decision for at least 30 days – i.e., until at least July 29, 2015.
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DATED this 7th day of 2015
DATED: __________________, July, 2015.
HONORABLE GLORIA M. NAVARRO
UNITED STATES DISTRICT JUDGE
________________________________
Gloria M. Navarro, Chief Judge
United States District Court
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JOINT STIPULATION AND [PROPOSED] ORDER REGARDING CLASS CERTIFICATION DECISION
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I, Benjamin J. Maro, am the ECF User whose ID and password are being used to file this
2 Joint Stipulation and [Proposed] Order to Hold Decision on Class Certification Motion In
3 Abeyance Pending Mediation. I hereby attest that Jeffrey J. Angelovich, Glenn K. Vanzura, and
4 George M. Garvey have concurred in this filing.
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6 DATED: June 29, 2015
By:
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/s/ Benjamin J. Maro
Benjamin J. Maro
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-5JOINT STIPULATION AND [PROPOSED] ORDER REGARDING CLASS CERTIFICATION DECISION
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CERTIFICATE OF SERVICE
I hereby certify that on June 29, 2015, I authorized the electronic filing of the foregoing
3 with the Clerk of the Court using the CM/ECF system, which will send e-mail notification of such
4 filing to all registered parties. I further certify that the foregoing document will be mailed via the
5 United States Postal Service to the non-CM/ECF participants indicated on the attached Manual
6 Notice List. I certify under penalty of perjury under the laws of the United States of America that
7 the foregoing is true and correct.
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9 DATED: June 29, 2015
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PISANELLI BICE, PLLC
MUNGER, TOLLES & OLSON LLP
By:
/s/ Benjamin J. Maro
Attorneys for Defendant
MGM RESORTS INTERNATIONAL
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-6JOINT STIPULATION AND [PROPOSED] ORDER REGARDING CLASS CERTIFICATION DECISION
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John P. Aldrich
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William A. S. Magrath , II
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