Opinion
Master File: 3:11-cv-02732-CRB Consolidated with 3:11-cv-03870-CRB
10-24-2011
IN RE YAHOO! INC. SECURITIES LITIGATION
MORRISON & FOERSTER LLP Attorneys for Defendants Yahoo! Inc., Carol A. Bartz, and Jerry Yang ROBBINS GELLER RUDMAN & DOWD LLP Attorneys for Plaintiff Vince Bonato and Proposed Lead Plaintiff the Pension Trust Fund for Operating Engineers
JORDAN ETH (CA SBN 121617)
ANNA ERICKSON WHITE (CA SBN 161385)
MARK R.S. FOSTER (CA SBN 223682)
MORRISON & FOERSTER LLP
Attorneys for Defendants
Yahoo! Inc., Carol A. Bartz, and Jerry Yang
CLASS ACTION
STIPULATION AND [PROPOSED]
ORDER SETTING SCHEDULE
[Civil L.R. 6-1(b)]
RECITALS
A. This securities class action, which was commenced on June 6, 2011, is governed by the Private Securities Litigation Reform Act of 1995, 15 U.S.C. § 78u-4 et seq. (the "Reform Act").
B. On August 5, 2011, this Court entered an order on the parties' stipulation providing that Defendants will meet and confer with the court-appointed lead counsel within fourteen days after the Court makes its appointment of lead plaintiff to discuss the schedule in this action, including the scheduling of the initial case management conference.
C. On October 12, 2011, this Court appointed Pension Trust Fund for Operating Engineers as lead plaintiff and approved Robbins Geller Rudman & Dowd LLP as lead counsel.
D. The parties, through counsel, have met and conferred regarding a proposed schedule for the filing of Plaintiffs' Amended Consolidated Complaint and Defendants' response. Given that this action is subject to the Reform Act's automatic stay of discovery pending the Court's ruling on Defendants' anticipated motion to dismiss, the parties agree that it would be appropriate to defer the case management conference until after the Court rules upon Defendants' anticipated motion to dismiss.
STIPULATION
NOW, THEREFORE, the parties stipulate pursuant to Civil Local Rule 6-1(b) and subject to Court approval, as follows:
1. Plaintiffs shall file their Amended Consolidated Complaint on Friday, December 16, 2011.
2. Defendants shall respond to the Amended Consolidated Complaint on Friday, January 27, 2012.
3. If Defendants file a motion to dismiss the Amended Consolidated Complaint, as presently anticipated, Plaintiffs shall file any Opposition papers on Friday, March 9, 2012.
4. Defendants shall file any Reply papers on Friday, April 13, 2012.
5. Defendants shall notice their motion for hearing on Friday May 4, 2012, at 10:00 a.m.
MORRISON & FOERSTER LLP
Attorneys for Defendants Yahoo! Inc.,
Carol A. Bartz, and Jerry Yang
ROBBINS GELLER RUDMAN
& DOWD LLP
Attorneys for Plaintiff Vince Bonato
and Proposed Lead Plaintiff the
Pension Trust Fund for Operating
Engineers
ORDER
PURSUANT TO STIPULATION, IT IS SO ORDERED.
Judge Charles R. Breyer
ECF ATTESTATION
I, Mark Foster, am the ECF User whose ID and Password are being used to file this:
STIPULATION AND [PROPOSED] ORDER SETTING SCHEDULE
In compliance with General Order 45, X.B., I hereby attest that Christopher P. Seefer, has concurred in this filing.
MORRISON & FOERSTER LLP
By: Mark R.S. Foster