Watkins v. Shrotriya et al

Filing 24

ORDER: Further Status Report due by 11/11/2016. Signed by Judge Jennifer A. Dorsey on 10/11/2016. (Copies have been distributed pursuant to the NEF - DC)

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Case 2:13-cv-00624-JAD-CWH Document 29 Filed 10/11/16 Page 1 of 2 1 UNITED STATES DISTRICT COURT 2 DISTRICT OF NEVADA 3 4 IN RE: SPECTRUM PHARMACEUTICALS, INC. DERIVATIVE SHAREHOLDER LITIGATION (Consolidated with: 2:13-cv00684-JAD-CWH; and 2:13-cv00942-JAD-CWH) 5 6 This Document Relates to ALL ACTIONS 7 Hon. Jennifer A. Dorsey FURTHER JOINT STATUS REPORT 8 9 Master File No. 2:13-cv-00624JAD-CWH Lead Plaintiff Timothy J. Fik (“Plaintiff”) and defendants Rajesh C. Shrotriya, Luigi Lenaz, 10 Gilles Gagnon, Anton Gueth, Stuart M. Krassner, Anthony E. Maida, Krishan K. Arora, Brett L. 11 Scott, Joseph Kenneth Keller, and nominal defendant Spectrum Pharmaceuticals, Inc. (collectively 12 “Defendants”) respectfully submit this further joint status report pursuant to the order entered by 13 the Court on September 9, 2016 (Dkt. No. 28) requiring the parties to file a further joint status 14 report on the progress of their efforts to finalize the settlement by October 11, 2016. The parties 15 hereby state as follows: 16 1. Plaintiff and Defendants have reached a settlement in principle and are continuing to 17 negotiate the issue of attorneys’ fees and expenses and developing the necessary written agreements 18 to present the proposed settlement to the Court. 19 2. Plaintiff and Defendants require additional time to continue negotiations and to 20 attempt to reach agreement on the issue of attorneys’ fees and expenses and, accordingly, 21 respectfully request until Friday, November 11, 2016, to provide the Court with a further joint 22 status report on the progress of their efforts. 23 Dated: October 11, 2016 24 BAILEY & KENNEDY 25 By: /s/ Dennis L. Kennedy DENNIS L. KENNEDY Nevada Bar No. 1462 JOSEPH A. LIEBMAN Nevada Bar No. 10125 8984 Spanish Ridge Avenue 26 27 28 BROWNSTEIN HYATT FARBER SCHRECK, LLP By: /s/ Kirk B. Lenhard KIRK B. LENHARD Nevada Bar No. 1437 JEFFREY S. RUGG Nevada Bar No. 10978 1 Case 2:13-cv-00624-JAD-CWH Document 29 Filed 10/11/16 Page 2 of 2 Las Vegas, NV 89148-1302 (702) 562-8820 Telephone (702) 562-9921 Facsimile Plaintiffs Liaison Counsel 100 North City Parkway, Suite 1600 Las Vegas, NV 89106-4614 Tel: (702) 464-7045 Fax: (702) 382-8135 4 -and- -and- 5 WILLIAM B. FEDERMAN FEDERMAN & SHERWOOD 10205 N. Pennsylvania Avenue Oklahoma City, OK 73120 (405) 235-1560 Telephone (405) 239-2112 Facsimile Plaintiffs Lead Counsel JOHN F. CANNON JASON DE BRETTEVILLE JUSTIN N. OWENS AARON C. HUMES STRADLING YOCCA CARLSON & RAUTH, P.C. 660 Newport Center Drive, Suite 1600 Newport Beach, CA 92660 Tel: (949) 725-4000 Fax: (949) 725-4100 1 2 3 6 7 8 9 10 Counsel for Plaintiffs 11 Counsel for Defendants 12 13 * 14 15 16 * * ORDER IT IS SO ORDERED 10/11/2016 Dated: ___________________________ ____________________________ The Honorable Jennifer A. Dorsey United States District Judge 17 18 19 20 21 22 23 24 25 26 27 28 2

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