Moscone v. Clement et al, No. 3:2016cv05381 - Document 8 (N.D. Cal. 2016)

Court Description: STIPULATION AND ORDER granting motion to relate cases 16-04710 RS, 16-04915 WHO, 16-05312 NC, 16-05381 NC. Signed by Judge Richard Seeborg on 10/14/16. (cl, COURT STAFF) (Filed on 10/14/2016)
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Moscone v. Clement et al 1 2 3 4 5 6 7 Doc. 8 STEVEN M. SCHATZ, State Bar No. 118356 KATHERINE L. HENDERSON, State Bar No. 242676 DIANE M. WALTERS, State Bar No. 148136 MICHAEL PETROCELLI, State Bar No. 269460 WILSON SONSINI GOODRICH & ROSATI Professional Corporation 650 Page Mill Road Palo Alto, CA 94304-1050 Telephone: (650) 493-9300 Facsimile: (650) 493-6811 Email: sschatz@wsgr.com Email: khenderson@wsgr.com Email: dwalters@wsgr.com Email: mpetrocelli@wsgr.com 8 9 Attorneys for Defendant SUNPOWER CORPORATION 10 11 UNITED STATES DISTRICT COURT 12 NORTHERN DISTRICT OF CALIFORNIA 13 14 KENNETH BRISTOW, Individually and On Behalf of All Others Similarly Situated, 15 Plaintiff, 16 v. 17 18 SUNPOWER CORPORATION, THOMAS H. WERNER, and CHARLES D. BOYNTON, 19 Defendants. 20 21 JAY PATEL, Individually and On Behalf of All Others Similarly Situated, 22 Plaintiff, 23 v. 24 25 26 SUNPOWER CORPORATION, THOMAS H. WERNER, and CHARLES D. BOYNTON, Defendants. ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) CASE NO.: 3:16-cv-04710-RS STIPULATION AND [PROPOSED] ORDER IN SUPPORT OF ADMINISTRATIVE MOTION TO CONSIDER WHETHER CASES SHOULD BE RELATED (Civ. L.R. 3-12) CASE NO.: 3:16-cv-04915-WHO 27 28 STIPULATION RE ADMIN. MOTION TO CONSIDER WHETHER CASES SHOULD BE RELATED (CIV. L. R. 3-12) CASE NOS. 16-CV-04710-RS, 16-CV-04915-WHO, 16-CV-05312-NC, 16-CV-05381-NC Dockets.Justia.com 1 BERNARD STERN, derivatively on behalf of SUNPOWER CORPORATION, 2 Plaintiff, 3 v. 4 5 6 7 THOMAS H. WERNER, CHARLES D. BOYNTON, ARNAUD CHAPERON, BERNARD CLÉMENT, DENIS GIORNO, DANIEL LAURÉ, CATHERINE LESJAK, THOMAS R. MCDANIEL, HUMBERT DE WENDEL, and PAT WOOD, III, 8 9 10 Defendants, and SUNPOWER CORPORATION , 11 Nominal Defendant. 12 13 PETER MOSCONE, Derivatively on Behalf of Nominal Defendant SUNPOWER CORPORATION, 14 Plaintiff, 15 v. 16 17 18 BERNARD CLÉMENT, DENIS GIORNO, CATHERINE LESJAK, ARNAUD CHAPERON, DANIEL LAURÉ, PAT WOOD III, THOMAS R. MCDANIEL, HUMBERT DE WENDEL, and THOMAS H. WERNER, 19 Defendants, 20 and 21 22 23 SUNPOWER CORPORATION, a Delaware Corporation, Nominal Defendant. 24 25 26 27 28 STIPULATION RE ADMIN. MOTION TO CONSIDER WHETHER CASES SHOULD BE RELATED (CIV. L. R. 3-12) CASE NOS. 16-CV-04710-RS, 16-CV-04915-WHO, 16-CV-05312-NC, 16-CV-05381-NC ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) CASE NO.: 3:16-cv-05312-NC CASE NO.: 3:16-cv-05381-NC 1 WHEREAS, there are two shareholder class actions and two shareholder derivative 2 actions pending in the U.S. District Court for the Northern District of California and arising out 3 of a common set of facts, as set forth below: 4 Case Name Case No. Filing Date 5 Bristow v. SunPower Corp., et al. Case No. 16-cv-04710-RS Aug. 16, 2016 6 Patel v. SunPower Corp., et al. Case No. 16-cv-04915-WHO Aug. 26, 2016 7 Stern v. Werner, et al. Case No. 16-cv-05312-NC Sept. 16, 2016 8 Moscone v. Clement, et al. Case No. 16-cv-05381-NC Sept. 20, 2016 9 WHEREAS, pursuant to Civil Local Rule 3-12, defendant SunPower Corporation has 10 filed concurrently herewith an administrative motion to consider whether the Patel, Stern, and 11 Moscone actions should be deemed related to the previously filed Bristow action and reassigned 12 to the Honorable Richard Seeborg; 13 14 WHEREAS, the Bristow, Patel, Stern, and Moscone actions arise from substantially similar facts and circumstances; 15 WHEREAS, it appears likely that there will be an unduly burdensome duplication of 16 labor and expense or conflicting results if these cases are conducted before different judges; 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 Patel, Stern, and 20 Moscone actions should be deemed related to the first-filed Bristow action and reassigned to the 21 Honorable Richard Seeborg. 22 23 24 25 26 27 28 STIPULATION RE ADMIN. MOTION TO CONSIDER WHETHER CASES SHOULD BE RELATED (CIV. L. R. 3-12) CASE NOS. 16-CV-04710-RS, 16-CV-04915-WHO, 16-CV-05312-NC, 16-CV-05381-NC -1- 1 Dated: October 13, 2016 WILSON SONSINI GOODRICH & ROSATI Professional Corporation 2 3 By: /s/ Steven M. Schatz Steven M. Schatz 4 5 7 650 Page Mill Road Palo Alto, CA 94304-1050 Telephone: (650) 493-9300 Facsimile: (650) 493-6811 Email: sschatz@wsgr.com 8 Attorneys for Defendant SunPower Corporation 6 9 10 Dated: October 13, 2016 GLANCY PRONGAY & MURRAY LLP 11 By: /s/ Lesley F. Portnoy Lesley F. Portnoy 12 13 Lionel Z. Glancy Robert V. Prongay Lesley F. Portnoy Charles H. Linehan 1925 Century Park East, Suite 2100 Los Angeles, CA 90067 Telephone: (310) 201-9150 Facsimile: (310) 201-9160 Email: lportnoy@glancylaw.com 14 15 16 17 18 19 22 LAW OFFICES OF HOWARD G. SMITH Howard G. Smith 3070 Bristol Pike, Suite 112 Bensalem, PA 19020 Telephone: (215) 638-4847 Facsimile: (215) 638-4867 23 Attorneys for Plaintiff Kenneth Bristow 20 21 24 25 26 27 28 STIPULATION RE ADMIN. MOTION TO CONSIDER WHETHER CASES SHOULD BE RELATED (CIV. L. R. 3-12) CASE NOS. 16-CV-04710-RS, 16-CV-04915-WHO, 16-CV-05312-NC, 16-CV-05381-NC -2- 1 Dated: October 13, 2016 POMERANTZ LLP 2 By: /s/ J. Alexander Hood II, admitted pro hac vice J. Alexander Hood II 3 4 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 Email: ahood@pomlaw.com 5 6 7 8 10 POMERANTZ LLP Jennifer Pafiti 468 North Camden Drive Beverly Hills, CA 90210 Telephone: (818) 532-6499 11 Attorneys for Plaintiff Jay Patel 9 12 Dated: October 13, 2016 BRODSKY & SMITH, LLC 13 14 By: /s/ Evan J. Smith Evan J. Smith 15 9595 Wilshire Blvd. Beverly Hills, CA 90212 Telephone: (877) 534-2590 Facsimile: (310) 247-0160 16 17 18 PROFY PROMISLOFF & CIARLANTO, P.C. Jeffrey J. Ciarlanto Joseph M. Profy David M. Promisloff 100 N. 22nd Street, Unit 105 Philadelphia, PA 19103 Telephone: (215) 259-5156 Facsimile: (215) 600-2642 19 20 21 22 26 LAW OFFICE OF ALFRED G. YATES, JR., P.C. Alfred G. Yates, Jr. Gerald L. Rutledge 519 Allegheny Building 429 Forbes Avenue Pittsburgh, PA 15219 Telephone: (412) 391-5164 Facsimile: (412) 471-1033 27 Attorneys for Plaintiff Bernard Stern 23 24 25 28 STIPULATION RE ADMIN. MOTION TO CONSIDER WHETHER CASES SHOULD BE RELATED (CIV. L. R. 3-12) CASE NOS. 16-CV-04710-RS, 16-CV-04915-WHO, 16-CV-05312-NC, 16-CV-05381-NC -3- 1 Dated: October 13, 2016 THE WAGNER FIRM 2 By: /s/ Avi N. Wagner Avi N. Wagner 3 4 1925 Century Park East, Suite 2100 Los Angeles, CA 90067 Telephone: (310) 491-7949 Facsimile: (310) 694-3967 Email: avi@thewagnerfirm.com 5 6 7 10 GAINEY McKENNA & EGLESTON Thomas J. McKenna Gregory M. Egleston 440 Park Avenue South, 5th Floor New York, NY 10016 Telephone: (212) 983-1300 Facsimile: (212) 983-0383 11 Attorneys for Plaintiff Peter Moscone 8 9 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 STIPULATION RE ADMIN. MOTION TO CONSIDER WHETHER CASES SHOULD BE RELATED (CIV. L. R. 3-12) CASE NOS. 16-CV-04710-RS, 16-CV-04915-WHO, 16-CV-05312-NC, 16-CV-05381-NC -4- 1 2 PURSUANT TO STIPULATION, IT IS SO ORDERED. DATED: ________________ 10/14/16 3 _____________________________________ The Honorable Richard Seeborg United States District Judge 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 STIPULATION RE ADMIN. MOTION TO CONSIDER WHETHER CASES SHOULD BE RELATED (CIV. L. R. 3-12) CASE NOS. 16-CV-04710-RS, 16-CV-04915-WHO, 16-CV-05312-NC, 16-CV-05381-NC -5- 1 I, Diane M. Walters, am the ECF user whose ID and password are being used to file this 2 STIPULATION AND [PROPOSED] ORDER IN SUPPORT OF ADMINISTRATIVE 3 MOTION TO CONSIDER WHETHER CASES SHOULD BE RELATED. In compliance with 4 Civil Local Rule 5-1(i)(3), I hereby attest that Steven M. Schatz, Lesley F. Portnoy, J. Alexander 5 Hood II, Evan J. Smith, and Avi N. Wagner have concurred in this filing. 6 7 Dated: October 13, 2016 WILSON SONSINI GOODRICH & ROSATI Professional Corporation 8 9 By: /s/ 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 STIPULATION RE ADMIN. MOTION TO CONSIDER WHETHER CASES SHOULD BE RELATED (CIV. L. R. 3-12) CASE NOS. 16-CV-04710-RS, 16-CV-04915-WHO, 16-CV-05312-NC, 16-CV-05381-NC -6- Diane M. Walters Diane M. Walters dwalters@wsgr.com