Ng v. Berkeley Lights, Inc. et al, No. 4:2021cv09497 - Document 145 (N.D. Cal. 2023)
Court Description: ORDER GRANTING 144 STIPULATION Regarding Hearing on Defendants' Motions to Dismiss. Reset Hearings as to Docket Nos. 126 , 132 , 131 , 128 , and 129 : Motion Hearings set for 6/22/2023 02:00 PM in Oakland, Courtroom 2, 4th Floor before Judge Haywood S. Gilliam Jr. Signed by Judge Haywood S. Gilliam, Jr. on 3/2/2023. (ndr, COURT STAFF) (Filed on 3/2/2023)
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Ng v. Berkeley Lights, Inc. et al Doc. 145 Case 4:21-cv-09497-HSG Document 145 Filed 03/02/23 Page 1 of 8 1 2 3 4 5 6 7 8 9 Reed R. Kathrein (139304) Lucas E. Gilmore (250893) HAGENS BERMAN SOBOL SHAPIRO LLP 715 Hearst Ave., Suite 202 Berkeley, CA 94710 Telephone: (510) 725-3000 Facsimile: (510) 725-3001 reed@hbsslaw.com lucasg@hbsslaw.com Attorneys for Lead Plaintiff Michael Damelio [Additional counsel on signature page] 10 UNITED STATES DISTRICT COURT 11 NORTHERN DISTRICT OF CALIFORNIA 12 OAKLAND DIVISION 13 14 15 VICTOR J. NG, Individually and on Behalf of All Others Similarly Situated, Plaintiff, 16 17 18 v. Case No. 4:21-cv-09497-HSG STIPULATION AND ORDER REGARDING HEARING ON DEFENDANTS’ MOTIONS TO DISMISS BERKELEY LIGHTS, INC., et al., Defendants. 19 20 21 22 23 24 25 26 27 28 STIP. AND ORDER RE: MOT. TO DISMISS HEARING Case No. 4:21-cv-09497-HSG 50251770.1 Dockets.Justia.com Case 4:21-cv-09497-HSG Document 145 Filed 03/02/23 Page 2 of 8 1 WHEREAS, on July 25, 2022, Lead Plaintiff and Plaintiff Pompano Beach Police and 2 Firefighters’ Retirement System (collectively, “Plaintiffs”) filed an Amended Complaint (Dkt. 3 No. 89) alleging violations of the Securities Act of 1933 and the Securities Exchange Act of 4 1934 against Berkeley Lights, Inc. (“BLI”); its current and former executives: Eric D. Hobbs, 5 Shaun M. Holt, and Kurt Wood; nine current and former members of BLI’s board: Igor 6 Khandros, Michael Marks, Sarah Boyce, Gregory Lucier, Michael Moritz, Elizabeth Nelson, 7 James Rothman, Ming Wu, and Makoto Shintani (collectively with BLI and its former 8 executives, “BLI Defendants”); three firms alleged to have invested in BLI: entities associated 9 with Celesta Capital f/k/a WRVI Capital (“Celesta Defendants”),1 Sequoia Capital (“Sequoia”), 10 and Nikon Corporation (“Nikon”); and the underwriters for BLI’s Initial Public Offering: J.P. 11 Morgan Securities LLC, Morgan Stanley & Co. LLC, Cowen and Company, LLC, and William 12 Blair & Company L.L.C. (“Underwriter Defendants”) (collectively, “Defendants”); 13 WHEREAS, on November 11, 2022, Defendants filed five motions to dismiss the 14 Amended Complaint, see BLI Defs.’ Mot. to Dismiss (Dkt. No. 126); Underwriter Defs.’ Mot. to 15 Dismiss (Dkt. No. 128); Nikon Mot. to Dismiss (Dkt. No. 129); Celesta Defs. Mot. to Dismiss 16 (Dkt. No. 131); Sequoia’s Mot. to Dismiss (Dkt. No. 132), noticing a March 16, 2023 hearing 17 date; 18 WHEREAS, Plaintiffs have since filed an omnibus opposition to Defendants’ motions to 19 dismiss (Dkt. No. 137), and Defendants have filed their respective replies (Dkt. Nos. 138, 140, 20 141, 142, 143); 21 22 23 WHEREAS, an in-person hearing on Defendants’ motions to dismiss is currently set for March 16, 2023, at 2:00 p.m.; WHEREAS, due to a recently re-scheduled engagement committed to before the hearing 24 date was set, the attorney responsible for arguing on behalf of Plaintiffs is no longer able to 25 appear and argue on March 16, 2023; 26 27 28 1 The Celesta Capital entities named in the Amended Complaint are Walden Riverwood GP, LLC, Walden Riverwood Ventures, L.P., WIIG Communications Management LLC, WRVBLI LLC, WRV-BLI II, LLC, WRV-BLI III LLC, WRV-BLI IV, LLC, WRV GP II, LLC, and WRV II, L.P. STIP. AND ORDER RE: MOT. TO DISMISS HEARING - 1 Case No. 4:21-cv-09497-HSG 50251770.1 Case 4:21-cv-09497-HSG Document 145 Filed 03/02/23 Page 3 of 8 1 2 WHEREAS, Plaintiffs’ alternative counsel is also unable to appear on March 16, 2023 due to a noticed deposition in another matter; 3 WHEREAS, in light of the unanticipated scheduling conflicts, Plaintiffs have requested 4 and Defendants have agreed to a continuance of the hearing on Defendants’ motions to dismiss; 5 WHEREAS, the Parties have met and conferred regarding alternative hearing dates that 6 7 8 can accommodate counsel for all Parties; and WHEREAS, the Parties have reviewed the Court’s calendar for the next open hearing dates on civil motions; 9 IT IS ACCORDINGLY STIPULATED, pursuant to Civil L.R. 6-1(a) and 7-7 (b)(1), by 10 and between the undersigned counsel for the Parties, subject to Court approval, that the hearing 11 date for Defendants’ Motions to Dismiss (Dkt. Nos. 126, 128, 129, 131, 132) should be 12 continued from March 16, 2023, at 2:00 p.m., to June 22, 2023, at 2:00 p.m. 13 14 IT IS SO STIPULATED. 15 16 Dated: March 2, 2023 Respectfully submitted, 17 By /s/ Lucas E. Gilmore Lucas E. Gilmore (SBN 250893) Reed R. Kathrein (SBN 139304) HAGENS BERMAN SOBOL SHAPIRO LLP 715 Hearst Avenue, Suite 202 Berkeley, CA 94710 Telephone: (510) 725-3000 Facsimile: (510) 725-3001 lucasg@hbsslaw.com 18 19 20 21 22 26 Raffi A. Melanson (pro hac vice) HAGENS BERMAN SOBOL SHAPIRO LLP 1 Faneuil Hall Sq., 5th Floor Boston, MA 02109 Telephone: (617) 475-1978 Facsimile: (617) 482-3003 raffim@hbsslaw.com 27 Attorneys for Lead Plaintiff 28 Jessica T. Shinnefield (SBN 234432) 23 24 25 STIP. AND ORDER RE: MOT. TO DISMISS HEARING - 2 Case No. 4:21-cv-09497-HSG 50251770.1 Case 4:21-cv-09497-HSG Document 145 Filed 03/02/23 Page 4 of 8 1 Lonnie A. Browne (SBN 293171) ROBBINS GELLER RUDMAN & DOWD LLP 655 West Broadway, Suite 1900 San Diego, CA 92101-8498 Telephone: (619) 231-1058 Facsimile: (619) 231-7423 jshinnefield@rgrdlaw.com lbrowne@rgrdlaw.com 2 3 4 5 6 Attorneys for Plaintiff Pompano Beach Police and Firefighters’ Retirement System 7 8 9 By /s/ Lauren C. Barnett John W. Spiegel (SBN 78935) John M . Gildersleeve (SBN 284618) Lauren C. Barnett (SBN 304301) MUNGER, TOLLES & OLSON LLP 350 S. Grand Ave., 50th Floor Los Angeles, CA 90071 Telephone: (213) 683-9100 Facsimile: (213) 687-3702 john.spiegel@mto.com john.gildersleeve@mto.com lauren.barnett@mto.com 10 11 12 13 14 15 Attorneys for Defendants Berkeley Lights, Inc., Eric D. Hobbs, Shaun M. Holt, Kurt Wood, Igor Khandros, Michael Marks, Sarah Boyce, Gregory Lucier, Michael Moritz, Elizabeth Nelson, James Rothman, Ming Wu, and Makoto Shintani 16 17 18 19 By /s/ Charlene S. Shimada Charlene S. Shimada (SBN 91407) MORGAN, LEWIS & BOCKIUS LLP One Market, Spear Street Tower San Francisco, CA 94105 Telephone: (415) 442-1000 Facsimile: (415) 442-1011 charlene.shimada@morganlewis.com 20 21 22 23 24 Attorneys for Defendants J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, Cowen and Company, LLC, and William Blair & Company L.L.C. 25 26 27 By /s/ Harry A. Olivar, Jr. Linda J. Brewer (SBN 217730) Victoria B. Parker (SBN 290862) 28 STIP. AND ORDER RE: MOT. TO DISMISS HEARING - 3 Case No. 4:21-cv-09497-HSG 50251770.1 Case 4:21-cv-09497-HSG Document 145 Filed 03/02/23 Page 5 of 8 1 QUINN EMANUEL URQUHART & SULLIVAN LLP 50 California St., 22nd Floor San Francisco, CA 94111 Telephone: (415) 875-6600 Facsimile: (415) 875-6700 lindabrewer@quinnemanuel.com vickiparker@quinnemanuel.com 2 3 4 5 10 Harry A. Olivar, Jr. (SBN 143089) Zoe K. Beiser (SBN 332155) QUINN EMANUEL URQUHART & SULLIVAN LLP 865 South Figueroa Street, 10th Floor Los Angeles, CA 90017 Telephone: (213) 443-3000 Facsimile: (213) 443-3100 harryolivar@quinnemanuel.com zoebeiser@quinnemanuel.com 11 Attorneys for Defendant Sequoia Capital 6 7 8 9 12 By /s/ Christin Hill Jordan Eth (SBN 121617) Christin Hill (SBN 247522) MORRISON & FOERSTER LLP 425 Market St. San Francisco, CA 94105 Telephone: (415) 268-7000 Facsimile: (415) 268-7522 jeth@mofo.com chill@mofo.com 13 14 15 16 17 18 Attorneys for Defendant Nikon Corporation 19 20 By /s/ Evan L. Seite Evan L. Seite (SBN 274641) Keith E. Eggleton (SBN 159842) WILSON SONSINI GOODRICH & ROSATI Professional Corporation 650 Page Mill Road Palo Alto, CA 94304 Telephone: (650) 493-9300 Facsimile: (650) 565-5100 eseite@wsgr.com keggleton@wsgr.com 21 22 23 24 25 26 Attorneys for Defendants Celesta Capital f/k/a WRVI Capital, Walden Riverwood GP, LLC, Walden Riverwood Ventures, L.P., WIIG Communications Management LLC, WRV-BLI LLC, WRV-BLI II, LLC, WRV-BLI III LLC, 27 28 STIP. AND ORDER RE: MOT. TO DISMISS HEARING - 4 Case No. 4:21-cv-09497-HSG 50251770.1 Case 4:21-cv-09497-HSG Document 145 Filed 03/02/23 Page 6 of 8 1 WRV-BLI IV, LLC, WRV GP II, LLC, and WRV II, L.P. 2 3 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 STIP. AND ORDER RE: MOT. TO DISMISS HEARING - 5 Case No. 4:21-cv-09497-HSG 50251770.1 Case 4:21-cv-09497-HSG Document 145 Filed 03/02/23 Page 7 of 8 ATTESTATION PURSUANT TO CIVIL LOCAL RULE 5-1(h)(3) 1 2 3 4 5 6 7 I, Lucas E. Gilmore, am the ECF User whose identification and password are being used to file the foregoing STIPULATION AND [PROPOSED] ORDER REGARDING HEARING ON DEFENDANTS’ MOTIONS TO DISMISS. In compliance with Civil Local Rule 5-1(h)(3), I hereby attest that all signatories have concurred in this filing. DATED: March 2, 2023 By: /s/ Lucas E. Gilmore Lucas E. Gilmore (SBN 250893) 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 STIP. AND ORDER RE: MOT. TO DISMISS HEARING - 6 Case No. 4:21-cv-09497-HSG 50251770.1 Case 4:21-cv-09497-HSG Document 145 Filed 03/02/23 Page 8 of 8 1 ORDER 2 PURSUANT TO STIPULATION, IT IS SO ORDERED. 3 4 3/2/2023 Dated: ____________________ 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 STIP. AND ORDER RE: MOT. TO DISMISS HEARING - 7 Case No. 4:21-cv-09497-HSG 50251770.1 ______________________________ Hon. Haywood S. Gilliam, Jr.
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