Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-cand-4_16-cv-05541/USCOURTS-cand-4_16-cv-05541-7/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 REGARDING DEFENDANT JOHN G. STUMPF’S RESPONSE TO THE

CONSOLIDATED COMPLAINT LEAD CASE NO. 3:16-CV-05541-JST

Grant P. Fondo (181530) 

gfondo@goodwinlaw.com 

Lloyd Winawer (157823) 

lwinawer@goodwinlaw.com

GOODWIN PROCTER LLP 

135 Commonwealth Drive 

Menlo Park, CA 94025 

Tel: (650) 752-3100 

Fax: (650) 853-1038 

Richard M. Strassberg (pro hac vice) 

rstrassberg@goodwinlaw.com 

GOODWIN PROCTER LLP 

The New York Times Building 

620 Eighth Avenue 

New York, NY 10018 

Tel: (212) 813-8800 

Fax: (212) 355-3333 

[Additional counsel identified on signature 

page] 

Attorneys for Defendant 

John G. Stumpf

UNITED STATES DISTRICT COURT 

NORTHERN DISTRICT OF CALIFORNIA 

IN RE WELLS FARGO & COMPANY 

SHAREHOLDER DERIVATIVE 

LITIGATION 

This Document Relates To: 

ALL ACTIONS. 

Lead Case No. 3:16-cv-05541-JST

(Consolidated with Nos. 3:16-cv-05592; 3:16- 

cv-05745; 3:16-cv-05817; 3:16-cv-05915; 3:16-

cv-06262; 3:16-cv-06624; and 3:16-cv-06631) 

STIPULATION AND [PROPOSED] ORDER 

REGARDING DEFENDANT JOHN G. 

STUMPF’S RESPONSE TO THE 

CONSOLIDATED COMPLAINT 

Courtroom: 9, 19th Floor 

Judge: Hon. Jon S. Tigar

Case 4:16-cv-05541-JST Document 138 Filed 06/05/17 Page 1 of 6
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STIPULATION AND [PROPOSED] ORDER REGARDING DEFENDANT JOHN G. STUMPF’S RESPONSE TO THE

CONSOLIDATED COMPLAINT LEAD CASE NO. 3:16-CV-05541-JST

Pursuant to Local Civil Rule 6-2 and 7-12, Lead Plaintiffs Fire and Police Pension 

Association of Colorado and The City of Birmingham Retirement and Relief System (“Lead 

Plaintiffs”) and Defendant John G. Stumpf, by and through their undersigned counsel of record, 

hereby agree and stipulate as follows: 

WHEREAS, on February 8, 2017, the Court entered an order setting the briefing schedule on 

Defendants’ motion to dismiss the Consolidated Complaint on the threshold issue of demand futility, 

while preserving Defendants’ right to assert other defenses, including by motion or otherwise, after 

the Court’s consideration of Defendants’ demand futility motion to dismiss [Dkt. 81]; 

WHEREAS, on February 24, 2017, Lead Plaintiffs filed their Consolidated Amended 

Verified Stockholder Derivative Complaint (“Complaint”) [Dkt. 83]; 

WHEREAS, on March 17, 2017, Defendant Wells Fargo & Co. filed a motion to dismiss the 

Complaint for failure to adequately plead demand futility [Dkt. 99], which was fully briefed and 

subsequently argued before this Court on May 4, 2017; 

WHEREAS, on May 4, 2017, the Court issued an order denying in part and granting in part 

Defendant Wells Fargo & Co.’s motion to dismiss [Dkt. 129], holding that Plaintiffs had adequately 

pled demand futility; 

WHEREAS, on May 30, 2017, the Court issued an order approving a stipulation among all 

parties in this action and ordering that Defendants shall move to dismiss or otherwise respond to the 

Complaint on or before June 5, 2017; 

WHEREAS, it is anticipated that certain Defendants will file motions to dismiss the 

Complaint on June 5, 2017; 

WHEREAS, counsel for Lead Plaintiffs and Mr. Stumpf have met and agreed that in the 

event that Mr. Stumpf does not join in any motion to dismiss filed by any Defendant on or before 

June 5, 2017, justification and good cause exists for extending until June 30, 2017 the date by which 

Mr. Stumpf shall file an answer to the Complaint. 

NOW THEREFORE, IT IS HEREBY STIPULATED AND AGREED, between Lead 

Plaintiffs and Mr. Stumpf, by and through their respective counsel, that in the event that Mr. Stumpf 

Case 4:16-cv-05541-JST Document 138 Filed 06/05/17 Page 2 of 6
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STIPULATION AND [PROPOSED] ORDER REGARDING DEFENDANT JOHN G. STUMPF’S RESPONSE TO THE

CONSOLIDATED COMPLAINT LEAD CASE NO. 3:16-CV-05541-JST

does not join in any Defendant’s motion to dismiss the Complaint on or before June 5, 2017, Mr. 

Stumpf shall file an answer to the Complaint on or before June 30, 2017. 

Dated: June 2, 2017 GOODWIN PROCTER LLP 

By: /s/ Lloyd Winawer

Grant P. Fondo (181530) 

gfondo@goodwinlaw.com 

Lloyd Winawer (157823) 

lwinawer@goodwinlaw.com 

GOODWIN PROCTER LLP

135 Commonwealth Drive 

Menlo Park, CA 94025 

Tel: (650) 752-3100 

Fax: (650) 853-1038 

Richard M. Strassberg (pro hac vice) 

rstrassberg@goodwinlaw.com 

GOODWIN PROCTER LLP 

The New York Times Building 

620 Eighth Avenue 

New York, NY 10018 

Tel: (212) 813-8800 

Fax: (212) 355-3333 

Attorneys for Defendant 

John G. Stumpf

Dated: June 2, 2017 LIEFF CABRASER HEIMANN & BERNSTEIN, LLP 

By: /s/ Richard M. Heimann (with permission)

Richard M. Heimann (063607) 

rheimann@lchb.com 

Joy A. Kruse (142799) 

jakruse@lchb.com 

Katherine C. Lubin (259826) 

kbenson@lchb.com 

LIEFF CABRASER HEIMANN & 

BERNSTEIN, LLP 

275 Battery Street, 29th Floor 

San Francisco, CA 94111-3339 

Telephone: (415) 956-1000 

Facsimile: (415) 956-1008 

Case 4:16-cv-05541-JST Document 138 Filed 06/05/17 Page 3 of 6
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STIPULATION AND [PROPOSED] ORDER REGARDING DEFENDANT JOHN G. STUMPF’S RESPONSE TO THE

CONSOLIDATED COMPLAINT LEAD CASE NO. 3:16-CV-05541-JST

 Steven E. Fineman (140335) 

sfineman@lchb.com 

Daniel P. Chiplock (pro hac vice application to 

be filed) 

dchiplock@lchb.com 

Nicholas Diamand (pro hac vice) 

ndiamand@lchb.com 

Michael J. Miarmi (pro hac vice) 

mmiarmi@lchb.com 

LIEFF CABRASER HEIMANN & 

BERNSTEIN, LLP 

250 Hudson Street, 8th Floor 

New York, NY 10013-1413 

Telephone: (212) 355-9500 

Facsimile: (212) 355-9592 

Attorneys for Plaintiff Fire & Police Pension 

Association of Colorado and Co-Lead Counsel

 Maya Saxena (pro hac vice) 

msaxena@saxenawhite.com 

Joseph E. White, III (pro hac vice) 

jwhite@saxenawhite.com 

Lester R. Hooker (241590) 

lhooker@saxenawhite.com 

Jorge A. Amador (237800) 

jamador@saxenawhite.com 

Adam D. Warden (Pro hac vice application to 

be filed) 

awarden@saxenawhite.com 

Dianne M. Anderson (103670) 

danderson@saxenawhite.com 

SAXENA WHITE P.A. 

5200 Town Center Circle, Suite 601 

Boca Raton, FL 33486 

Telephone: (561) 394-3399 

Facsimile: (561) 394-3382 

Steven B. Singer (Pro hac vice application to 

be filed)

4 West Red Oak Lane, Suite 312 

White Plains, NY 10604 

Telephone: (914) 437-8551 

Facsimile: (888) 631-3611 

ssinger@saxenawhite.com 

Attorneys for Plaintiff The City of 

Birmingham Retirement and Relief System 

and Co-Lead Counsel 

 

Case 4:16-cv-05541-JST Document 138 Filed 06/05/17 Page 4 of 6
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STIPULATION AND [PROPOSED] ORDER REGARDING DEFENDANT JOHN G. STUMPF’S RESPONSE TO THE

CONSOLIDATED COMPLAINT LEAD CASE NO. 3:16-CV-05541-JST

ATTORNEY ATTESTATION 

I, Lloyd Winawer, hereby attest, pursuant to Local Civil Rule 5-1(i)(3) that I obtained the 

concurrence of all of the above-listed counsel in filing this document. 

DATED: June 2, 2017 /s/ Lloyd Winawer 

 Lloyd Winawer 

 

Case 4:16-cv-05541-JST Document 138 Filed 06/05/17 Page 5 of 6
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STIPULATION AND [PROPOSED] ORDER REGARDING DEFENDANT JOHN G. STUMPF’S RESPONSE TO THE

CONSOLIDATED COMPLAINT LEAD CASE NO. 3:16-CV-05541-JST

ORDER 

THE FOREGOING STIPULATION IS APPROVED AND IT IS SO ORDERED. 

Dated: 

 THE HONORABLE JON S. TIGAR 

UNITED STATES DISTRICT JUDGE 

June 5, 2017

Case 4:16-cv-05541-JST Document 138 Filed 06/05/17 Page 6 of 6