Minneapolis Firefighters' Relief Association v. Community Health Systems, Inc. et al

Filing 23

STIPULATION AND ORDER: Initial Case Management Conference is continued until a later date, as directed by the Court. Signed by Magistrate Judge E. Clifton Knowles on 6/29/11. (dt)

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UNITED STATES DISTRICT COURT FOR THE MIDDLE DISTRICT OF TENNESSEE MINNEAPOLIS FIREFIGHTERS' RELIEF ASSOCIATION, on behalf of itself and all others similarly situated, Plaintiff, v. COMMUNITY HEALTH SYSTEMS, INC., WAYNE T. SMITH, W. LARRY CASH, and THOMAS MARK BUFORD, Defendants. : : : : : : : : : : : : : : : Civil Action No. 3:11-cv-00601 Judge Kevin H. Sharp Mag. Judge E. Clifton Knowles STIPULATION AND ORDER WHEREAS, Plaintiff Minneapolis Firefighters' Relief Association (“Minneapolis Firefighters”) has filed a complaint in this action against Defendants Community Health Systems, Inc., Wayne T. Smith, W. Larry Cash, and Thomas Mark Buford (collectively, the “Defendants”); and WHEREAS, the parties have conferred regarding service of process and the timing of Defendants’ responses to the complaint in light of the “Lead Plaintiff” provisions of the Private Securities Litigation Reform Act of 1995, 15 U.S.C. § 78u-4; and WHEREAS, the parties anticipate that after a lead plaintiff is appointed and lead counsel approved by the Court, a consolidated complaint may be filed by the appointed lead plaintiff; and WHEREAS, a Case Management Conference has been scheduled for August 18, 2011 at 10:00 AM, which would occur before the completion of briefing lead plaintiff motions; NOW, THEREFORE, based on the foregoing recitals, the parties, by and through their respective counsel, hereby stipulate and agree as follows: 1) Defendants hereby accept service of the existing complaint and any papers or documents filed or served by Plaintiff in the Action, and hereby waive their defenses with respect to insufficiency of service of process in this District. Defendants, however, do not waive any objection to the jurisdiction of this Court or any other defenses; 2) Defendants do not have to answer or otherwise respond to the existing complaint or any amended complaint until the appointment of a lead plaintiff and the subsequent entry of a Scheduling Order; 3) If Minneapolis Firefighters is appointed Lead Plaintiff in this matter, no later than 30 days after the entry of the order appointing Minneapolis Firefighters, the parties shall file a joint stipulation and proposed order addressing, at a minimum: a filing deadline for a consolidated/amended complaint; a deadline for responding to the operative complaint; a case management conference; a deadline for exchanging initial disclosures; and if a motion to dismiss is filed, a briefing schedule. 4) Pursuant to the terms of the PSLRA, unless otherwise modified by the Court, discovery is stayed during the pendency of any motion to dismiss. 5) The Initial Case Management Conference scheduled for August 18, 2011 at 10:00 AM is and shall be continued until a later date, as directed by the Court. Stipulated and agreed this 28th day of June, 2011. 2 By: s/ John R. Jacobson_____________ John R. Jacobson RILEY WARNOCK & JACOBSON, PLC 1906 West End Ave. Nashville, TN 37203 Telephone: (615) 320-3700 Facsimile: (615) 320-3737 jjacobson@rwjplc.com By: s/ Michael K. Radford (with permission) Michael K. Radford, #012763 FLYNN & RADFORD, ATTORNEYS, P.C. 320 Seven Springs Way, Suite 150 Brentwood, TN 37027 Telephone: (615) 370-9448 Facsimile: (615) 370-9313 Frederic S. Fox Joel B. Strauss Pamela A. Mayer KAPLAN FOX & KILSHEIMER LLP 850 Third Avenue, 14th Floor New York, NY 10022 Telephone: (212) 687-1980 Facsimile: (212) 687-7714 Peter D. Doyle Joel A. Blanchet KIRKLAND & ELLIS LLP Citigroup Center 601 Lexington Avenue New York, New York 10022 Telephone: (212) 446-4800 Facsimile: (212) 446-4900 peter.doyle@kirkland.com joel.blanchet@kirkland.com Richard A. Lockridge Karen H. Riebel LOCKRIDGE GRINDAL NAVEN P.L.L.P. 100 Washington Avenue South Suite 2200 Minneapolis, MN 55401 Telephone: (612) 339-6900 Facsimile: (612) 339-0981 Counsel for Defendants Community Health Systems, Inc., Wayne T. Smith, W. Larry Cash, and Thomas Mark Buford Counsel for Plaintiff Minneapolis Firefighters' Relief Association SO ORDERED this ______ day of ____________, 2011: __________________________ E. CLIFTON KNOWLES United States Magistrate Judge 3

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