Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-cand-5_06-cv-04310/USCOURTS-cand-5_06-cv-04310-6/pdf.json

Nature of Suit Code: 160
Nature of Suit: Stockholder's Suits
Cause of Action: 28:1331 Fed. Question

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COOLEY GODWARD LLP

ATTORNEYS AT LA W

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1. CASE NO. C06-04310 JF

COOLEY GODWARD KRONISH LLP

JOHN C. DWYER (136533) (dwyerjc@cooley.com)

GRANT P. FONDO (181530) (gfondo@cooley.com)

AARON F. OLSEN (224947) (aolsen@cooley.com)

Five Palo Alto Square

3000 El Camino Real

Palo Alto, CA 94306-2155

Telephone: (650) 843-5000

Facsimile: (650) 857-0663

Attorneys for Defendants

BING YEH, YAW WEN HU, DEREK BEST, 

MICHAEL BRINER, JEFFREY GARON, PAUL LUI, 

ISAO NOJIMA, CHEN TSAI, TSUYOSHI TAIRA, 

YASUSHI CHIKAGAMI, RONALD CHWANG, 

and Nominal Defendant 

SILICON STORAGE TECHNOLOGY, INC..

UNITED STATES DISTRICT COURT

NORTHERN DISTRICT OF CALIFORNIA

In re SILICON STORAGE TECHNOLOGY, 

INC., DERIVATIVE LITIGATION

Master File No. C06-04310 JF

STIPULATION AND [PROPOSED] ORDER 

REGARDING BRIEFING SCHEDULE

This Document Relates To:

ALL ACTIONS.

WHEREAS, on February 12, 2007 the parties met in San Francisco in an attempt to 

informally resolve this litigation;

WHEREAS, on March 8, 2007 the Court granted the parties’ stipulation to extend the 

time for all defendants to respond to the consolidated amended shareholder derivative complaint 

that was filed on October 30, 2006 (the “First Amended Consolidated Complaint”) until May 1, 

2007; 

WHEREAS, on March 15, 2007 nominal defendant Silicon Storage Technology, Inc. 

(“SST”) publicly announced that the Chair of its Audit Committee will conduct a voluntary

review of its historical stock option grant practices covering the time from its initial public 

offering in 1995 through the current fiscal year;

/ / /

**E-filed 4/27/07** --------------

Case 5:06-cv-04310-JF Document 40 Filed 04/27/07 Page 1 of 4
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2.

CASE NO. C06-04310 JF

WHEREAS, it is not expected that this investigation will be concluded for several 

months;

WHEREAS, the Court presently has a Case Management Conference scheduled in this 

matter on May 11, 2007;

WHEREAS, the parties have agreed to continue the date of the Case Management 

Conference and respectfully request the Court to continue the hearing to August 10, 2007 at 10:30 

a.m.;

WHEREAS, after SST publicly announces the results of the investigation into the 

historical stock option grant practices, Plaintiffs intend to file a second amended consolidated 

complaint (the “Second Amended Consolidated Complaint”); and,

WHEREAS, the parties wish to preserve the resources of both the Court and the 

respective parties; 

IT IS HEREBY STIPULATED by and between the undersigned:

1. Defendants shall have no obligation to respond to the First Amended Consolidated 

Complaint;

2. Plaintiffs shall have twenty-one (21) days after SST announces the results of the 

investigation to file a Second Amended Consolidated Complaint;

3. Defendants shall move to dismiss, or otherwise respond to, Plaintiffs’ Second 

Amended Consolidated Complaint within twenty-eight (28) days of filing of Plaintiffs’ Second 

Amended Consolidated Complaint;

4. Plaintiffs shall file any opposition to Defendants’ motion(s) to dismiss within 

twenty-eight (28) days of filing of Defendants’ motion(s) to dismiss; 

5. Defendants shall file any reply to Plaintiffs’ opposition within ten (15) days of 

filing of Plaintiffs’ opposition; and

6. No later than August 3, 2007, the parties shall file with the Court a Joint Case 

Management Statement. In the event that, as of August 3, 2007, SST’s review of its historical 

stock option grant practices covering the time from its initial public offering in 1995 through the 

current fiscal year is incomplete, the Statement shall include a report by Defendants of the thenCase 5:06-cv-04310-JF Document 40 Filed 04/27/07 Page 2 of 4
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3.

CASE NO. C06-04310 JF

current status of SST’s review of its historical stock option grant practices.

IT IS SO STIPULATED.

Dated: April 26, 2007 COOLEY GODWARD KRONISH LLP

/S/

Aaron F. Olsen

ATTORNEYS FOR NOMINAL DEFENDANT 

SILICON STORAGE TECHNOLOGY, INC. 

AND THE INDIVIDUAL DEFENDANTS

JOHN C. DWYER 

GRANT P. FONDO 

AARON F. OLSEN

Five Palo Alto Square

3000 El Camino Real

Palo Alto, CA 94306-2155

Case 5:06-cv-04310-JF Document 40 Filed 04/27/07 Page 3 of 4
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4.

CASE NO. C06-04310 JF

Dated: April 26, 2007 BRAMSON, PLUTZIK, MAHLER & 

BIRKHAEUSER, LLP

/S/

L. Timothy Fisher

LIAISON COUNSEL FOR PLAINTIFFS

L. Timothy Fisher

Alan R. Plutzik

2125 Oak Grove Road, Suite 120

Walnut Creek, CA 94598

SCHIFFRIN BARROWAY

TOPAZ & KESSLER, LLP

Eric L. Zagar

Robin Winchester

Michael J. Hynes

James H. Miller

280 King of Prussia Road

Radnor, PA 19087

CO-LEAD COUNSEL FOR PLAINTIFFS

WOLF HALDENSTEIN ADLER FREEMAN & 

HERZ, LLP

Betsy C. Manifold

Francis M. Gregorek

Rachele R. Rickert

750 B Street, Ste 2770

San Diego, CA 92101

CO-LEAD COUNSEL FOR PLAINTIFFS

DANZIGER, SHARPRIO & LEAVITT

Douglass Leavitt

150 S. Independence Mall West, Ste 1050

6

th and Chestnut Streets

Philadelphia, PA 19106

COUNSEL FOR PLAINTIFF B. BAZARGANI

ORDER

PURSUANT TO STIPULATION AND FOR GOOD CAUSE SHOWN HEREIN, IT IS 

SO ORDERED

DATED: _______________ ______________________________

Judge of the U.S. District Court

538323 v1/SD

4/27/07 JEREMY FOGEL

Case 5:06-cv-04310-JF Document 40 Filed 04/27/07 Page 4 of 4