Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-cand-3_09-cv-04291/USCOURTS-cand-3_09-cv-04291-5/pdf.json

Nature of Suit Code: 850
Nature of Suit: Securities, Commodities, Exchange
Cause of Action: 28:1332 Diversity-Securities &amp; Exchange Commission Act

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FENWICK & WEST LLP ATTORNEYS AT LAW

SAN FRANCISCO

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STIPULATION AND [PROPOSED] ORDER 

TEMPORARILY STAYING ACTION

LEAD CASE NO. 09-cv-04291-MMC 

SUSAN S. MUCK (CSB NO. 126930) 

smuck@fenwick.com

JENNIFER BRETAN (CSB NO. 233475) 

jbretan@fenwick.com

FENWICK & WEST LLP 

555 California Street, 12th Floor 

San Francisco, California 94104 

Telephone: (415) 875-2300 

Facsimile: (415) 281-1350 

JAY L. POMERANTZ (CSB NO. 209869) 

jpomerantz@fenwick.com

FELIX S. LEE (CSB NO. 197084) 

flee@fenwick.com

FENWICK & WEST LLP

Silicon Valley Center 

801 California Street 

Mountain View, California 94041

Telephone: (650) 988-8500 

Facsimile: (650) 938-5200

Attorneys for Defendants Victor Viegas, Clent 

Richardson, Stephen Ambler, Anne DeGheest, John 

Hodgman, Emily Liggett, Jack Saltich, Robert Van 

Naarden and Immersion Corporation 

UNITED STATES DISTRICT COURT 

NORTHERN DISTRICT OF CALIFORNIA 

SAN FRANCISCO DIVISION 

IN RE IMMERSION CORPORATION 

DERIVATIVE LITIGATION 

This Document Relates To:

 ALL ACTIONS 

Lead Case No. 5:09-cv-04291-MMC 

 (Derivative Action) 

STIPULATION AND [PROPOSED] 

ORDER TEMPORARILY STAYING 

ACTION

(Civil L.R. 7-12) 

Judge: The Honorable Maxine M. Chesney

; DIRECTING PARTIES TO FILE

JOINT STATUS REPORT

Case 3:09-cv-04291-MMC Document 38 Filed 05/03/10 Page 1 of 3
FENWICK & WEST LLP ATTORNEYS AT LAW

SAN FRANCISCO

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STIPULATION AND [PROPOSED] ORDER 

TEMPORARILY STAYING ACTION 1 LEAD CASE NO. 5:09-cv-04291-MMC 

WHEREAS, this action is a consolidated shareholder derivative action seeking to assert 

claims on behalf of Immersion Corporation (“Immersion”) against certain of Immersion’s current 

and former officers and directors (the “Federal Derivative Action”);

WHEREAS, there is currently a related consolidated securities class action pending in the 

United States District Court, Northern District of California (the “Securities Action”) as well as a 

shareholder derivative action pending in the Superior Court of California, County of Santa Clara 

(the “State Derivative Action”); 

WHEREAS, Defendants anticipate that one or more motions to dismiss the consolidated 

complaint in the Securities Action will be filed on or about June 8, 2010; 

WHEREAS, the parties to the above-captioned action believe that a resolution of such 

motions to dismiss in the Securities Action may affect this action; 

WHEREAS, pursuant to a March 10, 2010 Order Temporarily Staying Action, the State 

Derivative Action was stayed until discovery commences in the Securities Action, the Federal 

Derivative Action, or until the Securities Action is dismissed with prejudice pursuant to Federal 

Rules of Civil Procedure, Rule 12(b)(6), whichever occurs first; and

WHEREAS, pursuant to the Court’s January 21, 2010 Order Setting Schedule for Filing 

of Consolidated Derivative Complaint and Responses Thereto (“Scheduling Order”), Plaintiffs’ 

Consolidated Derivative Complaint is currently due on May 10, 2010; 

IT IS ACCORDINGLY STIPULATED, pursuant to Civil L.R. 7-12, by and between 

undersigned counsel for the Parties that: 

(i) In light of the unique circumstances of this case, the parties believe that it is in the 

interest of judicial economy and efficiency to conserve and coordinate their 

resources at this time by agreeing to temporarily stay this action until discovery 

commences in the Securities Action or until the Securities Action is dismissed 

with prejudice pursuant to Federal Rules of Civil Procedure, Rule 12(b)(6), 

whichever occurs first; 

(ii) When the temporary stay is lifted, the parties will meet and confer and notify the 

Court of a proposed filing and briefing schedule with regard to Plaintiffs’ filing of 

Case 3:09-cv-04291-MMC Document 38 Filed 05/03/10 Page 2 of 3
Further, the parties are

DIRECTED to file a joint status report no later than December 3, 2010.

May 3, 2010

Case 3:09-cv-04291-MMC Document 38 Filed 05/03/10 Page 3 of 3