Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-cand-3_15-cv-02290/USCOURTS-cand-3_15-cv-02290-1/pdf.json

Nature of Suit Code: 410
Nature of Suit: Antitrust
Cause of Action: 15:1 Antitrust Litigation

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STIPULATION AND [PROPOSED] ORDER 

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[SUBMITTING COUNSEL ON SIGNATURE 

PAGE] 

UNITED STATES DISTRICT COURT 

NORTHERN DISTRICT OF CALIFORNIA 

SAN FRANCISCO DIVISION 

JOHN NYPL, et al., 

 Plaintiffs, 

 v. 

JPMORGAN CHASE & CO., et al., 

 Defendants. 

Case No. 3:15-cv-02290-VC 

STIPULATION AND [PROPOSED] 

ORDER REGARDING SERVICE OF THE 

FIRST AMENDED CLASS ACTION 

COMPLAINT; SETTING A SCHEDULE 

FOR DEFENDANTS TO MOVE TO 

TRANSFER VENUE; AND PRESERVING 

ALL DEFENSES

Case 3:15-cv-02290-VC Document 21 Filed 08/20/15 Page 1 of 8
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Plaintiffs John Nypl, Lisa McCarthy, MAD Travel, Inc. a.k.a. Travel Leaders, Valarie Jolly, 

Go Everywhere, Inc., William Rubinsohn d.b.a. Rubinsohn Travel (collectively, “Plaintiffs”); and 

Defendants J.P. Morgan Chase & Co., J.P. Morgan Chase N.A., Bank of America NA, HSBC 

Finance Corporation, HSBC Bank USA, HSBC North America Holdings, Inc., HSBC Holdings plc, 

Citigroup, Inc., UBS AG, Barclays PLC, Royal Bank of Scotland (collectively, “Defendants”), so as 

to conserve both party and judicial resources, by and through their respective counsel, hereby 

stipulate as follows: 

WHEREAS, Plaintiff Nypl filed a class action complaint for violations of the Sherman Act, 

the California Cartwright Act, and the California Unfair Competition Law (the “Complaint”) on May 

21, 2015; 

WHEREAS, the Plaintiffs filed the first amended class action complaint for violations of the 

Sherman Act (the “First Amended Complaint”) on June 11, 2015; 

WHEREAS, on May 28, 2015, the Court entered an Order directing the parties to file a Joint 

Case Management Statement by August 18, 2015, and to appear for a Case Management Conference 

at 10:00 am on August 25, 2015; 

WHEREAS, none of the Defendants in this action has been served with the Complaint or with 

the First Amended Class Action Complaint; 

WHEREAS, Defendants assert that class actions based on similar allegations are pending 

before the Honorable Lorna G. Schofield in the United States District Court for the Southern District 

of New York under the caption In re Foreign Exchange Benchmark Rates Antitrust Litigation, Case 

No. 13-cv-7789; 

WHEREAS, after the Defendants are served with the First Amended Class Action Complaint, 

the Defendants intend to move to transfer venue from this Court to the United States District Court 

for the Southern District of New York pursuant to 28 U.S.C. § 1404 or § 1406 for this action to be 

consolidated with the In re Foreign Exchange Benchmark Rates Antitrust Litigation, Case No. 13-cv7789, and the Plaintiffs intend to oppose Defendants’ motions; 

Case 3:15-cv-02290-VC Document 21 Filed 08/20/15 Page 2 of 8
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WHEREAS, the Defendants wish to clarify that by entering into this Stipulation and by 

moving to transfer venue, they do not waive any defense or motion under Fed. R. Civ. P. 12, 

including motions challenging jurisdiction and the sufficiency of the complaint; 

AND WHEREAS, the Plaintiffs and Defendants have conferred and agreed that pursuant to 

and in consideration for the terms of this Stipulation, and subject to the Court’s approval (1) counsel 

for Defendants will accept service of the First Amended Complaint on behalf of their client(s); (2) no 

Defendant waives any defense, including personal jurisdiction, by entering into this Stipulation or 

moving to transfer venue; (3) all deadlines for Rule 12 motions or responsive pleadings are stayed 

pending the resolution of the Defendants’ motions to transfer venue; (4) Defendants do not waive 

their right to file any Rule 12 motions in this action after motions to transfer venue have been 

decided; and (5) if the Court denies the Defendants’ motions to transfer venue, the parties will confer 

to establish a mutually agreeable schedule for Defendants to either move to dismiss or respond to the 

First Amended Complaint. 

THEREFORE, THE PARTIES, BY AND THROUGH THEIR RESPECTIVE 

UNDERSIGNED COUNSEL, HEREBY STIPULATE, AND THE COURT ORDERS AS 

FOLLOWS: 

1. Service of the First Amended Complaint on the Defendants shall be effective as of the 

date of the entry of the Order granting this Stipulation. Neither the Defendants’ acceptance of such 

service nor the Defendants’ agreement to this Stipulation shall constitute a waiver of any other 

defense, including, but not limited to the defense of lack of personal jurisdiction. 

2. All deadlines for the Defendants to respond to the First Amended Complaint shall be 

stayed pending resolution of the Defendants’ motions to transfer venue. Defendants have not waived 

their right to file any Rule 12 motions in this action. 

3. The Defendants’ motions to transfer venue must be filed no later than 20 days after the 

entry of this Order. Such motions will be noticed for hearing, pursuant to Civil Local Rule 7-3, on 

the first mutually agreeable hearing date after filing of the motions. 

Case 3:15-cv-02290-VC Document 21 Filed 08/20/15 Page 3 of 8
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4. If the Court denies the Defendants’ motions to transfer venue, the parties will confer 

and propose a mutually agreeable schedule to the Court for Defendants to either move to dismiss or 

respond to the First Amended Complaint. 

DATED: August 14, 2015 GIBSON, DUNN & CRUTCHER LLP 

By: /s/ Joel S. Sanders 

Joel S. Sanders 

555 Mission Street, Suite 3000 

San Francisco, CA 94105-2933 

Telephone: (415) 393-8200 

Facsimile: (415) 393-8206 

jsanders@gibsondunn.com 

Attorneys for Defendant UBS AG 

DATED: August 14, 2015 SKADDEN, ARPS, SLATE, MEAGHER & FLOM LLP 

By: /s/ Peter E. Greene 

Peter E. Greene 

Boris Bershteyn 

Peter S. Julian 

Four Times Square 

New York, NY 10036 

Telephone: (212) 735-3000 

Facsimile: (212) 735-2000 

peter.greene@skadden.com 

boris.bershteyn@skadden.com 

peter.julian@skadden.com 

Douglas A. Smith 

300 South Grand Avenue, Suite 3400 

Los Angeles, CA 90071 

Telephone: (213) 687-5000 

Facsimile: (213) 687-5600

Attorneys for Defendants JPMorgan Chase & Co. and 

JPMorgan Chase Bank, N.A. 

5. The case management conference is rescheduled to October 27, 2015. The case 

management statement is due 7 days before the CMC.

Case 3:15-cv-02290-VC Document 21 Filed 08/20/15 Page 4 of 8
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DATED: August 14, 2015 SHEARMAN & STERLING LLP 

By: /s/ Stephen D. Hibbard 

Stephen D. Hibbard (SBN 177865) 

525 Market Street, Suite 1500 

San Francisco, CA 94105 

Telephone: (415) 616-1100 

Facsimile: (415) 616-1199 

shibbard@shearman.com 

Adam S. Hakki 

Richard F. Schwed 

Jeffrey J. Resetarits 

599 Lexington Avenue 

New York, New York 10022 

Telephone: (212) 848-4000 

Facsimile: (646) 848-7179 

ahakki@shearman.com 

rschwed@shearman.com 

jeffrey.resetarits@shearman.com 

Attorneys for Defendants Bank of America Corporation 

and Bank of America, N.A. 

DATED: August 14, 2015 LOCKE LORD LLP 

By: /s/ Regina J. McClendon 

Regina J. McClendon 

44 Montgomery Street, Suite 2400 

San Francisco, CA 94104 

Telephone: (415) 318-8804 

rmcclendon@lockelord.com 

Attorneys for Defendants HSBC Finance Corporation, 

HSBC Bank USA, N.A., HSBC North America 

Holdings, Inc., and HSBC Holdings plc 

DATED: August 14, 2015 COVINGTON & BURLING LLP 

By: /s/ Tammy Albarrán 

Tammy Albarrán 

One Front Street 

San Francisco, CA 94111-5356 

Case 3:15-cv-02290-VC Document 21 Filed 08/20/15 Page 5 of 8
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Telephone: (415) 591-7066 

talbarran@cov.com 

Andrew A. Ruffino 

The New York Times Building 

620 Eighth Avenue 

New York, New York 10018 

Telephone: (212) 841-1000 

aruffino@cov.com 

Alan M. Wiseman 

Thomas A. Isaacson 

Andrew D. Lazerow 

One City Center 

Washington, D.C. 20004 

Telephone: (202) 662-6000 

awiseman@cov.com 

tisaacson@cov.com 

alazerow@cov.com 

Attorneys for Defendant Citigroup Inc. 

DATED: August 14, 2015 DAVIS POLK & WARDWELL LLP 

By: /s/ Neal A. Potischman 

Neal A. Potischman (SBN 254862) 

1600 El Camino Real 

Menlo Park, CA 94025 

Telephone: (650) 752-2000 

Facsimile: (650) 752-2111 

neal.potischman@davispolk.com 

Joel M. Cohen 

450 Lexington Avenue 

New York, New York 10017 

Telephone: (212) 450-4000 

Facsimile: (212) 450-4800 

joel.cohen@davispolk.com 

Attorneys for Defendant The Royal Bank of 

Scotland plc

DATED: August 14, 2015 SULLIVAN & CROMWELL LLP 

By: /s/ Adam S. Paris 

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Adam S. Paris 

John D. Echeverria 

1888 Century Park East 

Los Angeles, California 90067-1725 

Telephone: (310) 712-6600 

Facsimile: (310) 712-8800 

parisa@sullcrom.com 

echeverriaj@sullcrom.com

Attorneys for Defendant Barclays Bank PLC 

DATED: August 14, 2015 ALIOTO LAW FIRM 

By: /s/ Joseph M. Alioto 

Joseph M. Alioto 

Theresa D. Moore 

Jamie Miller 

One Sansome Street, Suite 3500 

San Francisco, CA 94104 

Telephone: (415) 434-8900 

Facsimile: (415) 434-9200 

jmiller@aliotolaw.com 

tmoore@aliotolaw.com 

Attorneys for Plaintiffs John Nypl, Lisa McCarthy, 

MAD Travel, Inc. a.k.a. Travel Leaders, Valarie Jolly, 

Go Everywhere, Inc., William Rubinsohn d.b.a. 

Rubinsohn Travel

DATED: August 14, 2015 LAW OFFICES OF LINGEL H. WINTERS 

By: /s/ Lingel H. Winters 

Lingel H. Winters, Esq. 

275 Battery Street, Suite 2600 

San Francisco, California 94111 

Telephone: (415) 398-2941 

Facsimile: (415) 393-9887 

sawmill2@aol.com 

Attorney for Plaintiffs John Nypl, Lisa McCarthy, MAD 

Travel, Inc. a.k.a. Travel Leaders, Valarie Jolly, Go 

Everywhere, Inc., William Rubinsohn d.b.a. Rubinsohn 

Travel

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PURSUANT TO STIPULATION, IT IS SO ORDERED. 

DATED: _________________ 

____________________________________ 

HONORABLE VINCE CHHABRIA 

UNITED STATES DISTRICT JUDGE 

August 20, 2015

UNITED STATES DISTRICT COURT

NORTHERN DISTRICT OF CALIFORN

I

A

IT IS SO ORDERED

AS MODIFIED

Judge Vince Chhabria

Case 3:15-cv-02290-VC Document 21 Filed 08/20/15 Page 8 of 8