Nygaard et al v. UCBH Holdings Inc. et al, No. 3:2009cv04505 - Document 30 (N.D. Cal. 2009)

Court Description: ORDER GRANTING STIPULATION RELATING CASES. Signed by Judge JEFFREY S. WHITE on 12/14/09. (jjo, COURT STAFF) (Filed on 12/14/2009)

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Nygaard et al v. UCBH Holdings Inc. et al Doc. 30 Case3:09-cv-04208-JSW Document13 1 2 3 4 5 6 7 Filed10/23/09 Page1 of 7 JORDAN ETH (CA SBN 121617) JEth@mofo.com ANNA ERICKSON WHITE (CA SBN 161385) AWhite@mofo.com CRAIG D. MARTIN (CA SBN 168195) CMartin@mofo.com MORRISON & FOERSTER LLP 425 Market Street San Francisco, California 94105-2482 Telephone: 415.268.7000 Facsimile: 415.268.7522 Attorneys for Defendant UCBH Holdings, Inc. 8 9 UNITED STATES DISTRICT COURT 10 NORTHERN DISTRICT OF CALIFORNIA 11 SAN FRANCISCO DIVISION 12 13 GUOHUA ZHU, Individually and On Behalf of All Others Similarly Situated, 14 Case No. CV 09-04208-JSW CLASS ACTION Plaintiff, 15 STIPULATION AND [PROPOSED] ORDER RELATING CASES [CIV. L.R. 3-12] vs. 16 17 18 UCBH HOLDINGS, INC., THOMAS S. WU, and EBRAHIM SHABUDIN, Defendants. 19 Related Cases: Tran, CV-09-4429-JSW Perez, CV-09-4492-JSW Durbin, CV-09-4513-JSW 20 21 22 23 24 25 26 27 28 STIPULATION AND [PROPOSED] ORDER RELATING CASES CASE NO. 09-04208-JSW sf-2751982 Dockets.Justia.com Case3:09-cv-04208-JSW Document13 1 Filed10/23/09 Page2 of 7 WHEREAS, on September 11, 2009, plaintiff Guohua Zhu filed a complaint that asserts 2 claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the “Exchange 3 Act”) on behalf of a purported class (“Zhu”); 4 WHEREAS, on September 30, 2009, this Court granted Motions to Relate Cases to Zhu 5 thereby finding that the Zhu action was related to Tran v. UCBH Holdings, Inc. et al (3:09-cv- 6 04429-JSW) (“Tran”); Perez v. UCBH Holdings, Inc. et al (3:09-cv-04492-JSW) (“Perez”); and 7 Durbin v. UCBH Holdings, Inc. et al (3:09-cv-04513-JSW) (“Durbin”); 8 9 10 11 WHEREAS, on September 22, 2009, plaintiff Waterford Township General Employees Retirement System filed a complaint that asserts claims under Sections 10(b) and 20(a) of the Exchange Act on behalf of a purported class (“Waterford”); WHEREAS, on September 24, 2009, plaintiffs Daniel Nygaard, Wendy Fong, and James 12 Elam filed a complaint that asserts claims under Sections 10(b) and 20(a) of the Exchange Act on 13 behalf of a purported class (“Nygaard”); and 14 WHEREAS, the parties believe the Waterford and Nygaard actions should be related to 15 the Zhu, Tran, Perez, and Durbin actions because (1) they involve substantially the same parties, 16 property, transactions, and events; and (2) it appears likely that there will be an unduly 17 burdensome duplication of labor and expense or conflicting results if the cases are conducted 18 before different judges; 19 IT IS HEREBY STIPULATED AND AGREED among the undersigned parties that the 20 cases should be related, as requested in Defendants’ Administrative Motion to Relate Cases, filed 21 herewith. 22 23 24 25 26 27 28 STIPULATION AND [PROPOSED] ORDER RELATING CASES CASE NO. 09-04208-JSW sf-2751982 1 Case3:09-cv-04208-JSW Document13 1 2 SO STIPULATED. Dated: October 23, 2009 3 Filed10/23/09 Page3 of 7 JORDAN ETH ANNA ERICKSON WHITE CRAIG MARTIN MORRISON & FOERSTER LLP 4 5 By: /s/ Anna Ericson White Anna Erickson White 6 7 8 Attorneys for Defendant UCBH Holdings, Inc. Dated: October 23, 2009 9 10 11 12 TIMOTHY P. CRUDO Timothy.Crudo@lw.com Latham & Watkins LLP 505 Montgomery Street, Suite 2000 San Francisco, CA 94111 Tel.: (415) 391-0600 Fax: (415) 395-8095 By: /s/ Timothy P. Crudo Timothy P. Crudo 13 Attorney for Defendant Thomas Wu 14 15 Dated: October 23, 2009 16 17 18 NANCI CLARENCE nclarence@clarencedyer.com Clarence & Dyer LLP 899 Ellis Street San Francisco, CA 94109 Tel.: (415) 749-1800 Fax: (415) 749-1694 By: /s/ Nanci Clarence Nanci Clarence 19 20 21 22 23 24 25 26 Attorney for Defendant Craig On Dated: October 23, 2009 JAMES A. LASSART Jlassart@rmkb.com Ropers Majeski Kohn Bentley 201 Spear Street, Suite 1000 San Francisco, CA 94105 Tel.: (415) 543-4800 Fax: (415) 972-6301 By: /s/ James A. Lassart James A. Lassart Attorney for Defendant Ebrahim Shabudin 27 28 STIPULATION AND [PROPOSED] ORDER RELATING CASES CASE NO. 09-04208-JSW sf-2751982 2 Case3:09-cv-04208-JSW Document13 Filed10/23/09 Page4 of 7 1 Dated: October 23, 2009 2 3 4 5 6 LAURENCE M. ROSEN lrosen@rosenlegal.com The Rosen Law Firm, P.A. 333 South Grand Avenue 25th Floor Los Angeles, CA 90071 Tel.: (213) 785-2610 Fax: (213) 226-4684 PHILLIP KIM pkim@rosenlegal.com The Rosen Law Firm, P.A. 350 5th Avenue Suite 5508 New York, NY 10118 Tel: (212) 686-1060 Fax: (212) 202-3827 7 8 9 10 By: /s/ Laurence M. Rosen Laurence M. Rosen 11 12 13 14 15 16 17 Attorneys for Plaintiff Guohua Zhu Dated: October 23, 2009 ERIK D. PETERSON RAMZI ABADOU epeterson@btkmc.com rabadou@btkmc.com Barroway Topaz Kessler Meltzer Check, LLP 580 California Street Suite 1750 San Francisco, CA 94104 Tel.: (415) 400-3000 Fax: (415) 400-3001 18 19 By: /s/ Erik D. Peterson Erik D. Peterson 20 Attorneys for Plaintiff Salvador Perez 21 22 23 24 25 26 27 28 STIPULATION AND [PROPOSED] ORDER RELATING CASES CASE NO. 09-04208-JSW sf-2751982 3 Case3:09-cv-04208-JSW Document13 Filed10/23/09 Page5 of 7 1 Dated: October 23, 2009 2 3 4 5 6 MICHAEL M. GOLDBERG LIONEL Z. GLANCY info@glancylaw.com Glancy Binkow & Goldberg LLP 1801 Avenue of the Stars, Suite 311 Los Angeles, CA 90067 Tel.: (310) 201-9150 Fax: (310) 201-9160 By: /s/ Michael M. Goldberg Michael M. Goldberg 7 Howard G. Smith Law Offices Of Howard G. Smith 3070 Bristol Pike, Suite 112 Bensalem, PA 19020 Telephone: (215) 638-4847 Facsimile: (215) 638-4867 8 9 10 11 Attorneys for Plaintiffs Dominique Durbin and Huy Tran 12 Ira M. Press Kirby McInerney LLP 825 Third Ave, 16th Floor New York, NY 10022 Telephone: (212) 317-2300 Facsimile: (212) 751-2540 13 14 15 16 Brian P. Murray Murray, Frank & Sailer LLP 275 Madison Avenue, Suite 801 New York, New York 10016 Telephone: (212) 682-1818 Facsimile: (212) 682-1892 17 18 19 Attorneys for Plaintiff Dominique Durbin 20 Dated: October 23, 2009 21 22 23 SHAWN A. WILLIAMS shawnw@csgrr.com Coughlin Stoia Geller Rudman & Robbins LLP 100 Pine Street, 26th Floor San Francisco, CA 94111 Tel.: (415) 288-4545 Fax: (415) 288-4534 24 and 25 26 27 28 DARREN J. ROBBINS DAVID C. WALTON MATTHEW P. MONTGOMERY darrenr@csgrr.com davew@csgrr.com mattm@csgrr.com STIPULATION AND [PROPOSED] ORDER RELATING CASES CASE NO. 09-04208-JSW sf-2751982 4 Case3:09-cv-04208-JSW Document13 1 Filed10/23/09 Page6 of 7 655 West Broadway, Suite 1900 San Diego, CA 92101 Tel.: (619) 231-1058 Fax: (619) 231-7423 2 3 4 By: /s/ Shawn A. Williams____________ Shawn A. Williams 5 6 Attorneys for Plaintiff Waterford Township General Employees Retirement System 7 8 Dated: October 23, 2009 9 10 ROBERT S. GREEN Green Welling, P.C. 595 Market Street, Suite 2750 San Francisco, CA 94105 Tel.: (415) 477-6700 Fax: (415) 477-6710 11 RALPH M. STONE AMANDA C. SCUDER rstone@lawssb.com ascuder@lawssb.com Shalov Stone Bonner & Rocco LLP 485 Seventh Avenue, Suite 1000 New York, NY 10018 Tel.: (212) 239-4340 Fax: (212) 239-4310 12 13 14 15 16 17 By: /s/ Robert S. Green Robert S. Green 18 19 Attorneys for Plaintiffs Daniel Nygaard, Wendy Fong and James Elam 20 21 22 PURSUANT TO STIPULATION, IT IS SO ORDERED. 23 24 December 14 Dated: _______________, 2009 The Honorable Jeffrey S. White United States District Judge 25 26 27 28 STIPULATION AND [PROPOSED] ORDER RELATING CASES CASE NO. 09-04208-JSW sf-2751982 5

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