Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-cand-4_07-cv-04073/USCOURTS-cand-4_07-cv-04073-4/pdf.json

Nature of Suit Code: 850
Nature of Suit: Securities, Commodities, Exchange
Cause of Action: 15:78m(a) Securities Exchange Act

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STIPULATION AND [PROPOSED] ORDER RE ADJOURNMENT OF CASE MANAGEMENT CONFERENCE;

CASE NO. C-07-04073 PJH

Joseph J. Tabacco, Jr. (SBN 75484)

E-mail: jtabacco@bermanesq.com

Nicole Lavallee (SBN 165755)

E-mail: nlavallee@bermanesq.com

BERMAN DeVALERIO PEASE TABACCO BURT & PUCILLO

425 California Street, Suite 2100

San Francisco, California 94104

Telephone: 415-433-3200

Telecopier: 415-433-6382

Local Counsel

Richard W. Cohen (admitted pro hac vice)

E-mail: rcohen@lowey.com

Barbara J. Hart

E-mail: bhart@lowey.com

David C. Harrison (admitted pro hac vice)

E-mail: dharrison@lowey.com

LOWEY DANNENBERG COHEN & HART, P.C.

One North Broadway, Suite 509

White Plains, New York 10601-2310

Telephone: 914-997-0500

Facsimile: 914-997-0035

Attorneys for Lead Plaintiff

MICHAEL L. RUGEN (Bar No. 85578)

Michael.Rugen@Hellerehrman.com

JOSHUA HILL (Bar No. 250842)

Joshua.Hill@Hellerehrman.com

HELLER EHRMAN LLP

333 Bush Street

San Francisco, CA 94104

Phone: (415) 772-6000

Facsimile: (415) 772-6268

Attorneys for Defendants

UNITED STATES DISTRICT COURT

NORTHERN DISTRICT OF CALIFORNIA

SAN FRANCISCO DIVISION

IN RE LUMINENT MORTGAGE CAPITAL, 

INC. SECURITIES LITIGATION,

______________________________________

This Document Relates To:

ALL ACTIONS.

Case No.: C-07-04073 PJH

STIPULATION AND [PROPOSED] 

ORDER REGARDING 

ADJOURNMENT OF CASE 

MANAGEMENT CONFERENCE

The Honorable Phyllis J. Hamilton

Case 4:07-cv-04073-PJH Document 129 Filed 03/20/08 Page 1 of 4
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STIPULATION AND [PROPOSED] ORDER RE ADJOURNMENT OF CASE MANAGEMENT CONFERENCE;

CASE NO. C-07-04073 PJH

This Stipulation is entered into by and among Lead Plaintiff The Southern Improvement 

Company, VSA, Inc. and Allen Dayton (collectively “Southern”), and Defendants Luminent 

Mortgage Capital, Inc. (“Luminent”) and certain Luminent officers and/or directors, by and through 

their respective attorneys of record.

WHEREAS, pursuant to the Court’s October 10, 2008 Order Consolidating Cases, the 

parties conferred regarding the schedule for filing the Consolidated Complaint and Defendants’ 

response(s) thereto;

WHEREAS, on January 3, 2008, the Court issued an order in which it, inter alia, 

established a schedule for Defendants’ response to the Consolidated Complaint, Plaintiffs’ 

opposition thereto and Defendants’ reply;

WHEREAS, that schedule provides that Defendants shall file and serve their motion(s) to 

dismiss by March 31, 2008;

WHEREAS, that schedule provides for additional briefing that will continue through June 

2008; 

WHEREAS, pursuant to Section 101 of the Private Securities Litigation Reform Act of 

1995, 15 U.S.C. § 78u-4(b)(3)B) “all discovery and other proceedings shall be stayed during the 

pendency of any motion to dismiss”;

WHEREAS, on November 9, 2007, pursuant to Local Rule 16-2, the Court issued an Order 

setting a Case Management Conference to be held on March 27, 2008 at 2:30 p.m., which time was 

subsequently amended to 1:30 p.m. by Order on March 10, 2008; and

WHEREAS, counsel for the parties conferred regarding adjourning the Case Management 

Conference pending resolution of the contemplated motion(s) to dismiss; 

Case 4:07-cv-04073-PJH Document 129 Filed 03/20/08 Page 2 of 4
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STIPULATION AND [PROPOSED] ORDER RE ADJOURNMENT OF CASE MANAGEMENT CONFERENCE;

CASE NO. CGC-07-466824

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IT IS HEREBY STIPULATED AND AGREED, BY AND AMONG THE 

UNDERSIGNED, ON BEHALF OF THEIR RESPECTIVE CLIENTS, SUBJECT TO COURT 

APPROVAL, AS FOLLOWS:

The Case Management Conference should be adjourned pending the scheduled briefing and 

resolution of the contemplated motion(s) to dismiss. The parties jointly request that the Court 

adjourn the March 27, 2008 Case Management Conference .

IT IS SO STIPULATED AND AGREED.

Dated: March 19, 2008 BERMAN DeVALERIO PEASE TABACCO 

BURT & PUCILLO

By: /s/ Nicole Lavallee

Nicole Lavallee

Local Counsel

Dated: March 19, 2008 LOWEY DANNENBERG COHEN & HART, 

P.C.

By: /s/ David C. Harrison

David C. Harrison

Lead Counsel and Attorneys for Lead Plaintiff and the 

Putative Class

Dated: March 19, 2008 HELLER EHRMAN LLP

By: /s/ Michael L. Rugen

Michael L. Rugen

Attorney for Defendants Luminent Mortgage Capital, 

Inc., S. Trezevant Moore, Jr., Christopher J. Zyda, and 

Gail Seneca

Case 4:07-cv-04073-PJH Document 129 Filed 03/20/08 Page 3 of 4
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STIPULATION AND [PROPOSED] ORDER RE ADJOURNMENT OF CASE MANAGEMENT CONFERENCE;

CASE NO. CGC-07-466824

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Pursuant to Stipulation, IT IS SO ORDERED.

DATED: 

The Hon. Phyllis J. Hamilton

United States District Judge

3/20/08

UNITED STATES DISTRICT COURT

NORTHERN DISTRICT OF CALIFORN

I

A

IT IS SO ORDERED

Judge Phyllis J. Hamilton

Case 4:07-cv-04073-PJH Document 129 Filed 03/20/08 Page 4 of 4