In Re SunPower Corporation Shareholder Derivative Litigation, No. 3:2016cv05312 - Document 18 (N.D. Cal. 2016)

Court Description: STIPULATION AND ORDER GRANTING MOTION TO CONSIDER WHETHER CASES SHOULD BE RELATED. Signed by Judge Richard Seeborg on 12/27/16. (cl, COURT STAFF) (Filed on 12/27/2016)
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In Re SunPower Corporation Shareholder Derivative Litigation Doc. 18 1 ROBBINS ARROYO LLP BRIAN J. ROBBINS (SBN 190264) 2 brobbins@robbinsarroyo.com GEORGE C. AGUILAR (SBN 126535) 3 gaguilar@robbinsarroyo.com ASHLEY R. RIFKIN (SBN 246602) 4 arifkin@robbinsarroyo.com 600 B Street, Suite 1900 5 San Diego, CA 92101 Telephone: (619) 525-3990 6 Facsimile: (619) 525-3991 7 Attorneys for Plaintiff 8 [Additional Counsel on Signature Pages] 9 UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA 10 11 12 IN RE SUNPOWER CORPORATION SHAREHOLDER DERIVATIVE 13 LITIGATION 14 Lead Case No. 3:16-cv-05312-RS (Consolidated with Case Nos. 3:16-cv05381-RS and 3:16-cv-05988-RS) District Judge Richard Seeborg 15 This Document Relates To: 16 ALL ACTIONS 17 18 STIPULATION AND [PROPOSED] ORDER IN SUPPORT OF ADMINISTRATIVE MOTION TO CONSIDER WHETHER CASES SHOULD BE RELATED (Civil L.R. 3-12) 19 20 [Caption Continued on Next Page] 21 22 23 24 25 26 27 28 STIPULATION AND [PROPOSED] ORDER ISO ADMIN. MOTION TO CONSIDER WHETHER CASES SHOULD BE RELATED CASE NOS. 3:16-CV-05312-RS; 5:16-CV-07143-NC Dockets.Justia.com 1 SCOTT SALYERS, LAWRENCE GARNER, LORIE BARNWELL, GREGORY 2 PALICZUK and FRANK BADALAMENTE, 3 in Their Capacities as Trustees for the CITY OF WARREN POLICE AND FIRE 4 RETIREMENT SYSTEM, Derivatively on Behalf of SUNPOWER CORPORATION, 5 Plaintiff, 6 v. 7 BERNARD CLÉMENT, LADISLAS 8 PASZKIEWICZ, DANIEL LAURÉ, CATHERINE A. LESJAK, THOMAS H. 9 WERNER, THOMAS R. McDANIEL, 10 PATRICK WOOD III, ARNAUD CHAPERON, HUMBERT DE WENDEL, 11 JEAN-MARC OTERO DEL VAL, DENIS GIORNO and CHARLES D. BOYNTON, 12 Defendants. 13 Case No. 5:16-cv-07143-NC Magistrate Judge Nathanael M. Cousins 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 STIPULATION AND [PROPOSED] ORDER ISO ADMIN. MOTION TO CONSIDER WHETHER CASES SHOULD BE RELATED CASE NOS. 3:16-CV-05312-RS; 5:16-CV-07143-NC 1 WHEREAS the following shareholder derivative actions pending in the U.S. District Court 2 for the Northern District of California arise out of a common set of facts: 3 4 5 6 7 Case Name In re SunPower Corporation Shareholder Derivative Litigation (the "Consolidated Derivative Action") Case No. Lead Case No. 3:16-cv-05312-RS Filing Date Initial Filing Date Sept. 16, 2016 Salyers, et al. v. Clement, et al. (the "Salyers Action") 5:16-cv-07143-NC Dec. 14, 2016 8 9 WHEREAS, pursuant to Civil Local Rule 3-12, plaintiffs in the Consolidated Derivative 10 Action have filed concurrently herewith an administrative motion to consider whether the Salyers 11 Action should be deemed related to the pending Consolidated Derivative Action and reassigned to 12 the Honorable Richard Seeborg; 13 WHEREAS, the Salyers Action arises from substantially similar facts and circumstances as 14 the Consolidated Derivative Action; 15 WHEREAS, it appears likely that there will be an unduly burdensome duplication of labor 16 and expense or conflicting results if these cases are conducted before different judges; and 17 WHEREAS, defendants have not yet responded to the complaints in any of these actions. 18 NOW, THEREFORE, IT IS HEREBY STIPULATED AND AGREED, by and among 19 counsel for the undersigned parties, subject to approval of the Court, that the Salyers Action should 20 be deemed related to the pending Consolidated Derivative Action and reassigned to the Honorable 21 Richard Seeborg. 22 23 Dated: December 22, 2016 24 ROBBINS ARROYO LLP BRIAN J. ROBBINS GEORGE C. AGUILAR ASHLEY R. RIFKIN 25 26 s/ George C. Aguilar George C. Aguilar 27 28 -1STIPULATION AND [PROPOSED] ORDER ISO ADMIN. MOTION TO CONSIDER WHETHER CASES SHOULD BE RELATED CASE NOS. 3:16-CV-05312-RS; 5:16-CV-07143-NC 1 4 600 B Street, Suite 1900 San Diego, CA 92101 Telephone: (619) 525-3990 Facsimile: (619) 525-3991 brobbins@robbinsarroyo.com gaguilar@robbinsarroyo.com arifkin@robbinsarroyo.com 5 Lead Counsel for Plaintiffs 2 3 6 7 Dated: December 22, 2016 8 9 WILSON SONSINI GOODRICH & ROSATI Professional Corporation STEVEN M. SCHATZ (SBN 118356) KATHERINE L. HENDERSON (SBN 242676) s/ Steven M. Schatz Steven M. Schatz 10 650 Page Mill Road Palo Alto, CA 94304 Telephone: (650) 493-9300 Facsimile: (650) 493-6811 sschatz@wsgr.com khenderson@wsgr.com 11 12 13 14 Attorneys for Defendants SunPower Corporation, Thomas H. Werner, Charles D. Boynton, Bernard Clément, Ladislas Paszkiewicz, Daniel Lauré, Catherine A. Lesjak, Thomas R. Mcdaniel, Pat Wood III, Arnaud Chaperon, Denis Giorno, Jean-Marc Otero del Val, and Humbert de Wendel 15 16 17 18 19 20 21 22 23 24 25 26 27 28 Dated: December 22, 2016 ROBBINS GELLER RUDMAN & DOWD LLP TRAVIS E. DOWNS III (SBN 148274) BENNY C. GOODMAN III (SBN 211302) ERIK W. LUEDEKE (SBN 249211) s/ Erik W. Luedeke Erik W. Luedeke 655 West Broadway, Suite 1900 San Diego, CA 92101 Telephone: (619) 231-1058 Facsimile: (619) 231-7423 travisd@rgrdlaw.com bennyg@rgrdlaw.com eluedeke@rgrdlaw.com -2- STIPULATION AND [PROPOSED] ORDER ISO ADMIN. MOTION TO CONSIDER WHETHER CASES SHOULD BE RELATED CASE NOS. 3:16-CV-05312-RS; 5:16-CV-07143-NC 1 ROBBINS GELLER RUDMAN & DOWD LLP SHAWN A. WILLIAMS (SBN 213113) Post Montgomery Center One Montgomery Street, Suite 1800 San Francisco, CA 94104 Telephone: (415) 288-4545 Facsimile: (415) 288-4534 shawnw@rgrdlaw.com 2 3 4 5 6 VANOVERBEKE MICHAUD & TIMMONY, P.C. THOMAS C. MICHAUD 79 Alfred Street Detroit, MI 4821 Telephone: (313) 578-1200 Facsimile: (313) 578-1201 tmichaud@vmtlaw.com 7 8 9 10 Attorneys for Plaintiff Scott Salyers, Lawrence Garner, Lorie Barnwell, Gregory Paliczuk and Frank Badalamente 11 12 13 I, George C. Aguilar, am the ECF User whose ID and password are being used to file this 14 Stipulation and [Proposed] Order in Support of Administrative Motion to Consider Whether Cases Should Be Related. In compliance with Civil L.R. 5-1(i), I hereby attest that concurrence in the 15 filing of this document has been obtained from each of the other signatories. 16 s/ George C. Aguilar George C. Aguilar 17 18 19 20 21 PURSUANT TO STIPULATION, IT IS SO ORDERED. DATED: 12/27/16 HONORABLE RICHARD SEEBORG UNITED STATES DISTRICT JUDGE 22 23 24 25 26 27 28 -3STIPULATION AND [PROPOSED] ORDER ISO ADMIN. MOTION TO CONSIDER WHETHER CASES SHOULD BE RELATED CASE NOS. 3:16-CV-05312-RS; 5:16-CV-07143-NC 1 CERTIFICATE OF SERVICE 2 I hereby certify that on December 22, 2016, I electronically filed the foregoing with the 3 Clerk of the Court using the CM/ECF system which will send notification of such filing to the e4 mail addresses on the Electronic Mail Notice for this action. 5 I further certify that I caused and true and correct copy of the foregoing to be sent via 6 electronic mail to the following: 7 Shawn A. Williams shawnw@rgrdlaw.com ROBBINS GELLER RUDMAN & DOWD LLP Post Montgomery Center One Montgomery Center, Suite 1800 San Francisco, CA 94104 8 9 10 11 Thomas C. Michaud tmichaud@vmtlaw.com VANOVERBEKE MICHAUD & TIMMONY, P.C. 79 Alfred Street Detroit, MI 48201 Travis E. Downs III travisd@rgrdlaw.com Benny C. Goodman III bennyg@rgrdlaw.com Erik W. Luedeke eluedeke@rgrdlaw.com ROBBINS GELLER RUDMAN & DOWD LLP 655 West Broadway, Suite 1900 San Diego, CA 92101 12 13 14 15 16 17 18 s/ George C. Aguilar George C. Aguilar 19 20 21 22 23 24 25 26 27 28 1142875 -4STIPULATION AND [PROPOSED] ORDER ISO ADMIN. MOTION TO CONSIDER WHETHER CASES SHOULD BE RELATED CASE NOS. 3:16-CV-05312-RS; 5:16-CV-07143-NC