Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-cand-3_16-cv-05314/USCOURTS-cand-3_16-cv-05314-2/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] SCHEDULING ORDER

CASE NO. 3:16-CV-05314-JST

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BLEICHMAR FONTI & AULD LLP

LESLEY E. WEAVER

1999 Harrison Street, Suite 670

Oakland, CA 94612

Telephone: (415) 445-4003

Facsimile: (415) 445-4020

Email: lweaver@bfalaw.com

Liaison Counsel

MOTLEY RICE LLC

GREGG S. LEVIN (admitted pro hac vice)

28 Bridgeside Blvd.

Mt. Pleasant, SC 29464

Telephone: (843) 216-9000

Facsimile: (843) 216-9450

Email: glevin@motleyrice.com

Lead Counsel for the Class

[Additional counsel appear on signature page]

UNITED STATES DISTRICT COURT

NORTHERN DISTRICT OF CALIFORNIA

SAN FRANCISCO DIVISION

DORIS SHENWICK, et al.,

Plaintiff,

v.

TWITTER, INC., et al.,

Defendants.

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Case No. 3:16-cv-05314-JST

STIPULATION AND [PROPOSED] 

SCHEDULING ORDER AND REQUEST 

TO ASSOCIATE ADDITIONAL COUNSEL

CLAIRE DEGENHARDT, Individually and on 

Behalf of All Others Similarly Situated,

Plaintiff,

v.

TWITTER, INC., RICHARD COSTOLO and 

ANTHONY NOTO,

Defendants.

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Case No. 3:16-cv-05439-JST

Case 3:16-cv-05314-JST Document 80 Filed 01/18/17 Page 1 of 4
STIPULATION AND [PROPOSED] SCHEDULING ORDER 1

CASE NO. 3:16-CV-05314-JST

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Pursuant to Civil Local Rule 7-12, the parties, lead plaintiff KBC Asset Management NV 

(“KBC” or “Lead Plaintiff”) and defendants Twitter, Inc., Richard Costolo, and Anthony Noto 

(collectively, “Defendants”), by and through their undersigned counsel of record, submit the following 

stipulation and proposed order:

WHEREAS, on December 22, 2016, the Court held a hearing on pending motions to appoint 

Lead Plaintiff and Lead Counsel and to consolidate two related securities fraud cases, ECF No. 71;

WHEREAS, on the same day, the Court issued a written order granting KBC’s motion for 

appointment as Lead Plaintiff, approving its selection of Motley Rice LLC (“Motley Rice”) as Lead 

Counsel and Bleichmar Fonti & Auld LLP as liaison counsel, and consolidating Shenwick v. Twitter, 

No. 3:16-cv-05314, with Degenhardt v. Twitter, No. 3:16-cv-05439, ECF No. 72;

WHEREAS, during the December 22, 2016 hearing, the Court ordered the parties to submit by 

January 13, 2017 a stipulated or competing proposed case schedule(s), said schedule(s) to include a date 

for an initial case management conference (“CMC”), and to address Lead Plaintiff’s intent to associate 

certain counsel, ECF No. 71;

WHEREAS, the parties have met, conferred, and agreed on a proposed schedule;

NOW THEREFORE, the parties hereby agree and stipulate to the following:

1. Lead Plaintiff shall file a Consolidated Amended Complaint no later than March 2, 2017;

2. An initial CMC shall be scheduled for April 19, 2017 at 2:00 p.m.; 

3. Defendants’ Motion to Dismiss Plaintiffs’ Consolidated Amended Complaint (“Motion 

to Dismiss”) shall be filed on or before May 2, 2017;

4. Lead Plaintiff’s opposition to Defendants’ Motion to Dismiss shall be filed on or before 

June 21, 2017;

5. Defendants’ Reply Memorandum in support of their Motion to Dismiss shall be filed on 

or before August 7, 2017; and

6. The hearing on Defendants’ anticipated Motion to Dismiss shall be scheduled for 

Thursday, September 14, 2017 at 2:00 p.m. 

Case 3:16-cv-05314-JST Document 80 Filed 01/18/17 Page 2 of 4
STIPULATION AND [PROPOSED] SCHEDULING ORDER 2

CASE NO. 3:16-CV-05314-JST

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OTHER MATTERS

During the December 22, 2016 hearing, Lead Counsel mentioned its intent to associate Robbins 

Geller Rudman & Dowd LLP (“Robbins Geller”) in this case to work at Lead Plaintiff and Lead 

Counsel’s direction in light of Robbins Geller’s extensive investigation and development of the case 

which work product would be needlessly duplicative and expensive to replicate. Lead Counsel’s 

association of additional counsel will not increase fees or costs potentially borne by the putative class.

Defendants take no position on Lead Counsel’s request to associate Robbins Geller.

Dated: January 13, 2017 Respectfully submitted,

BLEICHMAR FONTI & AULD LLP

By: /s/ Lesley E. Weaver

Lesley E. Weaver

1999 Harrison Street, Suite 670

Oakland, CA 94612

Telephone: (415) 445-4003

Facsimile: (415) 445-4020

Email: lweaver@bfalaw.com

Joseph A. Fonti (admitted pro hac vice)

7 Times Square, 27th Floor

New York, NY 10036

Telephone: (212) 789-1340

Facsimile: (212) 205-3960

Email: jfonti@bfalaw.com

Liaison Counsel

MOTLEY RICE LLC

Gregg S. Levin (admitted pro hac vice)

28 Bridgeside Blvd.

Mt. Pleasant, SC 29464

Telephone: (843) 216-9000

Facsimile: (843) 216-9450

Email: glevin@motleyrice.com

Lead Counsel for the Class

Dated: January 13, 2017 SIMPSON THACHER & BARTLETT LLP 

By: /s/ Simona G. Strauss

Simona G. Strauss

Case 3:16-cv-05314-JST Document 80 Filed 01/18/17 Page 3 of 4
STIPULATION AND [PROPOSED] SCHEDULING ORDER 3

CASE NO. 3:16-CV-05314-JST

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2475 Hanover Street

Palo Alto, CA 94304

Telephone: (650) 251-5000

Facsimile: (650) 251-5002

Email: sstrauss@stblaw.com

SIMPSON THACHER & BARTLETT LLP 

Jonathan K. Youngwood (admitted pro hac vice)

425 Lexington Ave

New York, NY 10017-3954

Telephone: (212) 455-2000

Facsimile: (212) 455-2502

Email: jyoungwood@stblaw.com

Attorneys for Defendants Twitter, Inc., Anthony 

Noto, and Richard Costolo

I, Lesley E. Weaver, am the ECF User whose ID and password are being used to file this 

Stipulation and [Proposed] Scheduling Order and Request to Associate Additional Counsel. In 

compliance with Civil Local Rule 5-1(i)(3), I hereby attest that Simona G. Strauss has concurred in this 

filing. 

/s/ Lesley E. Weaver

Lesley E. Weaver

Pursuant to Stipulation, the foregoing schedule is adopted by the Court. In addition, the Court 

approves Lead Counsel’s association of Robbins Geller Rudman & Dowd LLP.

IT IS SO ORDERED.

DATED: ___________________ ________________________________

THE HONORABLE JON S. TIGAR

UNITED STATES DISTRICT JUDGE

January 18, 2017

Case 3:16-cv-05314-JST Document 80 Filed 01/18/17 Page 4 of 4