Ferris et al v. Wynn Resorts Limited et al
Filing
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ORDER Granting 21 Stipulation for Extension of Time re: 1 Complaint and Case Management Conference (First Request). Signed by Magistrate Judge Carl W. Hoffman on 4/2/2018. (Copies have been distributed pursuant to the NEF - SLD)
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Patrick G. Byrne (Nevada Bar #7636)
Alex L. Fugazzi (Nevada Bar #9022)
V.R. Bohman (Nevada Bar #13075)
SNELL & WILMER L.L.P.
3883 Howard Hughes Parkway, Suite 1100
Las Vegas, Nevada 89169
Telephone: 702.784.5200
Facsimile: 702.784.5252
Email: afugazzi@swlaw.com
pbyrne@swlaw.com
vbohman@swlaw.com
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Additional Counsel on Signature Block
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Counsel for Wynn Resorts Limited, Craig Scott
Billings, and Matthew O. Maddox and on behalf of
Stephen Cootey
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UNITED STATES DISTRICT COURT
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DISTRICT OF NEVADA
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JOHN V. FERRIS and JOANN M. FERRIS,
Individually and on Behalf of All Others
Similarly Situated,
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Plaintiffs,
v.
WYNN RESORTS LIMITED, STEPHEN
A. WYNN, CRAIG SCOTT BILLINGS,
STEPHEN COOTEY, and MATTHEW O.
MADDOX,
Defendants.
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Case No. 2:18-CV-00479-GMN-CWH
The Honorable Gloria M. Navarro
STIPULATION AND [PROPOSED]
ORDER EXTENDING DEFENDANTS’
TIME TO ANSWER OR OTHERWISE
RESPOND TO THE COMPLAINT AND
CONTINUING CASE MANAGEMENT
CONFERENCE AND ASSOCIATED
DEADLINES
(FIRST REQUEST)
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{00274411;1 }
STIPULATION AND [PROPOSED] ORDER EXTENDING DEFENDANTS’ TIME TO ANSWER OR
OTHERWISE RESPOND TO THE COMPLAINT AND CONTINUING CASE MANAGEMENT CONFERENCE
AND ASSOCIATED DEADLINES
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This Stipulation is entered into by and among the parties to this action.
WHEREAS, on February 20, 2018, Plaintiffs John V. Ferris and Joann M. Ferris (“Plaintiffs”),
individually and on behalf of all other similarly situated, filed a putative class action captioned Ferris v.
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Wynn, et al., No. 18-cv-00479-GMN-CWH against Defendants Wynn Resorts Limited, Stephen A.
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Wynn, Craig Scott Billings, Stephen Cootey, and Matthew O. Maddox, (collectively, “Defendants” and
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with the Plaintiffs, the “Parties”) alleging violations of Sections 10(b) and 20(a) of the Securities
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Exchange Act of 1934, 15 U.S.C. § 78a et seq., and Rule 10b-5, 17 C.F.R. 240 promulgated thereunder;
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WHEREAS, the Complaint asserts claims under the federal securities laws that are subject to the
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Private Securities Litigation Reform Act of 1995, Pub. L. No. 104-67, 109 Stat. 737 (1995) (“PSLRA”),
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which sets forth specialized procedures for the administration of securities class actions, including a
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specific process for the appointment of a lead plaintiff and lead counsel to represent the putative class;
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WHEREAS, lead plaintiff and lead counsel have not yet been appointed pursuant to Section 21D
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of the Exchange Act, 15 U.S.C. § 78u-4. The deadline to move for appointment as lead plaintiff is April
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28, 2018;
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WHEREAS, once selected, the lead plaintiff will then appoint a lead counsel, subject to the
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Court’s approval, § 78u-4(a)(3)(B)(v), and identify an operative complaint or file an amended complaint
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that becomes the operative complaint;
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WHEREAS, the Parties agree that in the interests of judicial economy, conservation of time and
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resources, and orderly management of this action, no response to any pleading in this action by any
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Defendant should occur until after (i) a lead plaintiff and lead counsel are appointed by the Court
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pursuant to the PSLRA, and (ii) such lead plaintiff serves an operative complaint;
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WHEREAS, the Parties hereby stipulate and agree, and respectfully request the Court to order,
as follows:
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1. Within 14 days of an order by the Court appointing lead plaintiff(s) and lead counsel, Defendants
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and any lead plaintiff(s) appointed by the Court shall, through their respective counsel, confer and
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{00274411;1 }
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STIPULATION AND [PROPOSED] ORDER EXTENDING DEFENDANTS’ TIME TO ANSWER OR
OTHERWISE RESPOND TO THE COMPLAINT AND CONTINUING CASE MANAGEMENT CONFERENCE
AND ASSOCIATED DEADLINES
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jointly submit a proposed schedule for the filing of any amended complaint and for the filing of a
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responsive pleading, including a briefing schedule with respect to any anticipated motions to dismiss;
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2. Defendants shall not be required to answer, move, or otherwise substantively respond to the
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Complaint or any amended complaint until the date agreed upon by the Parties in the proposed schedule
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described in paragraph 1 above, if approved by the Court, or until such other further order by the Court.
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3. The deadline of April 14, 2018 for the Joint Status Report is adjourned until such time after entry
of an order appointing a lead plaintiff and lead counsel for the class that is convenient for the Court.
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4. Nothing in this Stipulation is intended in any way to waive or affect any rights, claims, defenses,
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objections or arguments that any party may have with respect to any matter, other than those expressly
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addressed and agreed in paragraph 1 through 3 above.
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IT IS SO ORDERED.
April 2, 2018
DATED: ________________
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UNITED STATES MAGISTRATE JUDGE
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{00274411;1 }
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STIPULATION AND [PROPOSED] ORDER EXTENDING DEFENDANTS’ TIME TO ANSWER OR
OTHERWISE RESPOND TO THE COMPLAINT AND CONTINUING CASE MANAGEMENT CONFERENCE
AND ASSOCIATED DEADLINES
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DATED: March 30, 2018
SNELL & WILMER L.L.P.
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/s/ Alex L. Fugazzi
Alex L. Fugazzi (Nevada Bar #9022)
Patrick G. Byrne (Nevada Bar #007636)
V.R. Bohman (Nevada Bar #13075)
3883 Howard Hughes Parkway, Suite 1100
Las Vegas, Nevada 89169
Telephone: 702.784.5200
Facsimile: 702.784.5252
Email: afugazzi@swlaw.com
pbyrne@swlaw.com
vbohmans@swlaw.com
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Mark Holscher (Pro Hac Vice to be filed)
Michael J. Shipley (Pro Hac Vice to be filed)
Kirkland & Ellis LLP
333 South Hope Street
Los Angeles, California 90071
Telephone: 213.680.8190
Facsimile: 213.808.8097
Email: mark.holscher@kirkland.com
michael.shipley@kirkland.com
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Matthew Solum (Pro Hac Vice to be filed)
Kirkland & Ellis LLP
601 Lexington Avenue
New York, New York 10022-4611
Telephone: 212.446.4688
Facsimile: 212.446.4900
Email: matthew.solum@kirkland.com
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Counsel for Wynn Resorts Limited, Craig
Scott Billings, and Matthew O. Maddox and
on behalf of Stephen Cootey
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{00274411;1 }
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STIPULATION AND [PROPOSED] ORDER EXTENDING DEFENDANTS’ TIME TO ANSWER OR
OTHERWISE RESPOND TO THE COMPLAINT AND CONTINUING CASE MANAGEMENT CONFERENCE
AND ASSOCIATED DEADLINES
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DATED: March 30, 2018
MUEHLBAUER LAW OFFICE, LTD.
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/s/ J. Alexander Hood
Andrew R. Muehlbauer (Nevada Bar #10161)
7915 West Sahara Avenue, Suite 104
Las Vegas, Nevada 89117
Telephone: 702.330.4505
Facsimile: 702.825.0141
Email: andrew@mlolegal.com
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POMERANTZ LLP
Jeremy A. Lieberman
J. Alexander Hood II
600 Third Avenue, 20th Floor
New York, New York 10016
Telephone: 212-661-1100
Facsimile: 212-661-8665
jalieberman@pomlaw.com
ahood@pomlaw.com
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Counsel for John V. and Joann JoAnn M.
Ferris
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STIPULATION AND [PROPOSED] ORDER EXTENDING DEFENDANTS’ TIME TO ANSWER OR
OTHERWISE RESPOND TO THE COMPLAINT AND CONTINUING CASE MANAGEMENT CONFERENCE
AND ASSOCIATED DEADLINES
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DATED: March 30, 2018
CAMPBELL & WILLIAMS
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/s/ Colleen C. Smith
J. Colby Williams, Esq.
700 South Seventh Street
Las Vegas, Nevada 89101
Telephone: 702.382.5222
Facsimile: 702.382.0540
Email: jcw@cwlawlv.com
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Michele D. Johnson (pro hac vice to be filed)
LATHAM & WATKINS LLP
650 Town Center Drive, 20th Floor
Costa Mesa, California 92626
Telephone: (714) 540-1235
Facsimile: (714) 755-8290
Email: michele.johnson@lw.com
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Colleen C. Smith (pro hac vice to be filed)
LATHAM & WATKINS LLP
12670 High Bluff Drive
San Diego, California 92130
Telephone: (858) 523-3985
Facsimile: (858) 523-5450
Email: colleen.smith@lw.com
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Counsel for Stephen A. Wynn
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4832-8399-0880
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{00274411;1 }
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STIPULATION AND [PROPOSED] ORDER EXTENDING DEFENDANTS’ TIME TO ANSWER OR
OTHERWISE RESPOND TO THE COMPLAINT AND CONTINUING CASE MANAGEMENT CONFERENCE
AND ASSOCIATED DEADLINES
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