Hartsock v. Spectrum Pharmaceuticals, Inc. et al

Filing 16

ORDER Granting #13 Stipulation re #12 Notice re 4m Dismissal. Signed by Judge Richard F. Boulware, II on 1/31/2017. (Copies have been distributed pursuant to the NEF - SLD)

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1 2 3 4 5 6 7 8 Patrick R. Leverty, Esq. LEVERTY & ASSOCIATES LAW CHTD. Reno Gould House 832 Willow Street Reno, NV 89502 Telephone: (775) 322-6636 Facsimile: (775) 322-3953 Email: pat@levertylaw.com [Proposed] Liaison Counsel for Lead Plaintiff Movants Michael Bestwick and Mark Hawkins (additional counsel on signature page) UNITED STATES DISTRICT COURT DISTRICT OF NEVADA 9 10 11 12 GLEN HARTSOCK, Individually and on behalf of all others similarly situated, Case No. 16-cv-02279-RFB-GWF Hon. Richard F. Boulware II Plaintiff, STIPULATION AND [PROPOSED] ORDER 13 v. 14 15 16 17 18 SPECTRUM PHARMACEUTICALS, INC., and RAJESH C. SHROTRIYA, Defendants. OLUTAYO AYENI, Individually and on behalf of all others similarly situated, Case No. 2:16-cv-02649-KJD-VCF Plaintiff, 19 v. 20 21 22 23 SPECTRUM PHARMACEUTICALS, INC., RAJESH C. SHROTRIYA, KURT A. GUSTAFSON, JOSEPH TURGEON, and LEE ALLEN, Defendants. 24 25 WHEREAS, on September 21, 2016, the action Olutayo Ayeni v. Spectrum 26 Pharmaceuticals, Inc., et al., Docket No. 16-cv-07074 (C.D.Cal. Sep, 21, 2016) was 27 commenced in the U.S. District Court for the Central District of California (“Ayeni Action”); 28 1 Stipulation and [Proposed] Order 1 WHEREAS, on September 28, 2016, the related action styled as Hartsock v. Spectrum 2 Pharmaceuticals, Inc. et al., Docket No. 2:16-cv-02279 (D. Nev. Sept 28, 2016) (the “Hartsock 3 Action”) was filed in this Court, currently pending before Judge Richard F. Boulware, II; 4 WHEREAS, on November 15, 2016, U.S. District Judge Dale S. Fischer ordered the 5 transfer of the Ayeni Action to this court and the Ayeni Action is now pending before Judge 6 Kent J. Dawson; 7 WHEREAS, the complaints in both the Ayeni Action and Hartsock Action assert claims 8 under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”) on 9 10 11 12 13 behalf of a putative class which are subject to the Private Securities Litigation Reform Act of 1995 (“PSLRA”), which provides for a specific process for the appointment of lead plaintiff and lead counsel to represent the putative class; WHEREAS, Lead Plaintiff and Lead Counsel have not yet been appointed pursuant to Section 21D(a) of the Exchange Act; 14 WHEREAS, on November 21, 2016, Movant Anchorage Police & Fire Retirement 15 System and Movants Michael Bestwick and Mark Hawkins filed two competing motions to 16 17 18 19 20 21 22 23 24 25 Consolidate Related Actions, Appoint Lead Plaintiffs and Approve Counsel in the Hartsock Action; and WHEREAS, on January 10, 2017, the Court filed a Notice Regarding Intention to Dismiss Pursuant to Rule 4(m) of the Federal Rules of Civil Procedure in the Hartsock Action; IT IS HEREBY STIPULATED AND AGREED among the undersigned parties, subject to the Court’s approval, as follows: 1. The undersigned counsel for Defendants is authorized to accept service of the complaint in the Hartsock Action on behalf of Defendants, without prejudice and without waiver of any of Defendants’ defenses, objections, or arguments in this matter or any other 26 matters, except as to sufficiency of service of process; 27 28 2 Stipulation and [Proposed] Order 1 2 3 4 5 2. No Defendant named in the complaint in the Hartsock Action shall be required to answer or otherwise respond to the complaint; 3. Within seven (7) days after the appointment of Lead Plaintiff and Lead Counsel and the consolidation of the Ayeni Action and Hartsock Action, Lead Counsel and counsel for Defendants shall file a joint or separate proposed schedule(s) for the filing of (i) a consolidated 6 7 8 9 amended complaint, and (ii) the answer or briefing of a motion to dismiss. IT IS SO STIPULATED. Dated: January 27, 2017 LEVERTY & ASSOCIATES LAW CHTD. 10 11 12 13 14 15 16 /s/Patrick R. Leverty Patrick R. Leverty, Esq. (Nevada Bar No. 8840) Reno Gould House 832 Willow Street Reno, Nevada 89502 Telephone: (775) 322-6636 Facsimile: (775) 322-3953 Email: pat@levertylaw.com [Proposed] Liaison Counsel for Lead Plaintiff Movants Michael Bestwick and Mark Hawkins 17 18 19 20 21 22 THE ROSEN LAW FIRM, P.A. Laurence M. Rosen, Esq. (pro hac vice to be filed) Phillip Kim, Esq. (pro hac vice to be filed) 275 Madison Ave., 34th Floor New York, New York 10016 Telephone: (212) 686-1060 Facsimile: (212) 202-3827 Email: lrosen@rosenlegal.com Email: pkim@rosenlegal.com 23 24 25 26 27 28 BRONSTEIN, GEWIRTZ & GROSSMAN, LLC Peretz Bronstein (pro hac vice to be filed) Shimon Yiftach (pro hac vice to be filed) 60 East 42nd Street, Suite 4600 New York, NY 10165 Tel: (212) 697-6484 Fax: (212) 697-7296 Email: peretz@bgandg.com 3 Stipulation and [Proposed] Order Email: shimony@bgandg.com 1 [Proposed] Co-Lead Counsel for Counsel for Lead Plaintiff Movants Michael Bestwick and Mark Hawkins 2 3 4 Dated: January 27, 2017 5 /s/Griffith H. Hayes Griffith H. Hayes (Nevada Bar No. 7374) 3753 Howard Hughes Parkway, Ste. 200 Las Vegas, Nevada 89169 Telephone: (702) 949-3100 Facsimile: (702) 879-9175 Email: ghayes@cookseylaw.com 6 7 8 9 10 [Proposed] Local Counsel for Lead Plaintiff Movant Anchorage Police & Fire Retirement System 11 BLEICHMAR FONTI & AULD LLP Javier Bleichmar (pro hac vice to be filed) Cynthia Hanawalt (pro hac vice to be filed) 7 Times Square, 27th Floor New York, New York 10036 Telephone: (212) 789-1340 Facsimile: (212) 205-3960 jbleichmar@bfalaw.com chanawalt@bfalaw.com 12 13 14 15 16 17 [Proposed] Counsel for Lead Plaintiff Movant Anchorage Police & Fire Retirement System and Proposed Lead Counsel 18 19 20 21 22 23 24 25 26 27 28 COOKSEY, TOOLEN, GAGE, DUFFY & WOOG Dated: January 27, 2017 LAW OFFICE OF TELIA U. WILLIAMS /s/Telia U. Williams Telia U. Williams, Esq. Nevada Bar No. 9359 10161 Park Run Drive, Suite 150 Las Vegas, Nevada 89145 Tel: (702) 835-6866 Fax: (702) 363-8851 Email: telia@telialaw.com BLOCK & LEVITON LLP Jeffrey C. Block, Esq. Joel A. Fleming, Esq. 4 Stipulation and [Proposed] Order 155 Federal Street, Suite 400 Boston, Massachusetts 02110 Tel: (617) 398-5600 Fax: (617) 507-6020 Email: jeff@blockesq.com Email: joel@blockesq.com 1 2 3 4 Counsel for Plaintiff Glen Hartsock 5 6 7 8 Dated: January 27, 2017 LATHAM & WATKINS LLP /s/Colleen C. Smith Colleen C. Smith 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 Michele D. Johnson (pro hac vice to be filed) Sarah E. Diamond (pro hac vice to be filed) LATHAM & WATKINS LLP 650 Town Center Drive, 20th Floor Costa Mesa, CA 92626-1925 Telephone: (714) 540-1235 Email: michele.johnson@lw.com sarah.diamond@lw.com Colleen C. Smith (pro hac vice to be filed) LATHAM & WATKINS LLP 12670 High Bluff Drive San Diego, CA 92130 Telephone: (858) 523-8400 Email: colleen.smith@lw.com Anna E. Berces (pro hac vice to be filed) LATHAM & WATKINS LLP 505 Montgomery Street, Suite 2000 San Francisco, CA 94111 Telephone: (415) 391-0600 Email: anna.berces@lw.com Jeffery A. Bendavid (Nevada Bar No. 6220) MORAN BRANDON BENDAVID MORAN 630 South 4th Street Las Vegas, Nevada 89101 Telephone: (702) 384-8424 Email: j.bendavid@moranlawfirm.com 27 28 5 Stipulation and [Proposed] Order 1 2 Counsel for Spectrum Pharmaceuticals, Inc., Rajesh C. Shrotriya, Kurt A. Gustafson, Joseph Turgeon, and Lee Allen 3 4 31st SO ORDERED this _____ day of January, 2017 5 6 7 8 __________________________________ Honorable Richard F. Boulware II U.S. District Court Judge 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 6 Stipulation and [Proposed] Order 1 CERTIFICATE OF SERVICE 2 I hereby certify that on January 27, 2017, I electronically filed the foregoing document 3 using the CM/ECF system which will send notification of such filing to the e-mail addresses 4 registered in the CM/ECF system, as denoted on the Electronic Mail Notice List. 5 6 /s/William R. Ginn William R. Ginn 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 1 Certificate of Service

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