Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-cand-3_07-cv-06347/USCOURTS-cand-3_07-cv-06347-2/pdf.json

Nature of Suit Code: 160
Nature of Suit: Stockholder's Suits
Cause of Action: 28:1332 Diversity-Stockholders Suits

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STIPULATION AND [PROPOSED] ORDER ENLARGING DEFENDANTS’ TIME TO RESPOND

CASE NO. CV 07-6347 MHP 

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SULLIVAN

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CROMWELL LLP

Michael H. Steinberg (SBN 134179) 

(steinbergm@sullcrom.com) 

SULLIVAN & CROMWELL LLP 

1888 Century Park East 

Los Angeles, California 90067 

Telephone: (310) 712-6600 

Facsimile: (310) 712-8800 

Brendan P. Cullen (SBN 194057) 

(cullenb@sullcrom.com) 

Scott C. Hall (SBN 232492) 

(halls@sullcrom.com) 

Sverker K. Högberg (SBN 244640) 

(hogbergs@sullcrom.com) 

SULLIVAN & CROMWELL LLP 

1870 Embarcadero Road 

Palo Alto, California 94303 

Telephone: (650) 461-5600 

Facsimile: (650) 461-5700 

Attorneys for Defendants VERIFONE HOLDINGS, INC., 

DOUGLAS G. BERGERON, JAMES C. CASTLE, LESLIE G. 

DENEND, ALEX W. (PETE) HART, ROBERT B. HENSKE, 

EITAN RAFF, CHARLES R. RINEHART, COLLIN E. ROCHE, 

CRAIG A. BONDY, and BARRY ZWARENSTEIN 

UNITED STATES DISTRICT COURT 

NORTHERN DISTRICT OF CALIFORNIA 

CHARLES R. KING, derivatively on behalf 

of VERIFONE HOLDINGS, INC., 

 Plaintiff, 

v. 

DOUGLAS G. BERGERON, JAMES C. 

CASTLE, LESLIE G. DENEND, ALEX W. 

(PETE) HART, ROBERT B. HENSKE, 

EITAN RAFF, CHARLES R. RINEHART, 

COLLIN E. ROCHE, CRAIG A. BONDY, 

and BARRY ZWARENSTEIN, 

 Defendants, 

-andVERIFONE HOLDINGS, INC., 

 Nominal Defendant. 

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Case No. CV 07-6347 MHP 

STIPULATION AND [PROPOSED] ORDER 

ENLARGING DEFENDANTS’ TIME TO 

RESPOND 

Judge: The Hon. Marilyn H. Patel 

Courtroom: 15 

This case is related to IN RE VERIFONE 

HOLDINGS, INC. SECURITIES 

LITIGATION, Master File No. C 07-6140 

MHP 

Case 3:07-cv-06347-MHP Document 32 Filed 04/16/08 Page 1 of 5
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WHEREAS on December 14, 2007, Charles R. King (“Plaintiff”) filed a Verified 

Derivative Complaint for Breach of Fiduciary Duty styled King v. Bergeron et al. (the “Complaint”) 

against nominal defendant VeriFone Holdings, Inc. (“VeriFone”) and individual defendants Douglas G. 

Bergeron, James C. Castle, Leslie G. Denend, Alex W. (Pete) Hart, Robert B. Henske, Eitan Raff, 

Charles R. Rinehart, Collin E. Roche, Craig A. Bondy, and Barry Zwarenstein (collectively, 

“Defendants”); 

WHEREAS a Stipulation and Order was entered by the Court on February 29, 2008 

giving Defendants until April 10, 2008 to move or otherwise respond to the Complaint, without 

prejudice to Defendants’ right to move the Court before the April 10, 2008 deadline for additional time 

to answer, plead or otherwise respond to the Complaint; 

WHEREAS shortly before and after the Stipulation and Order was entered by the Court, 

three additional derivative complaints were filed — Hilborn v. Bergeron, et al., Case No. CV 08-1132, 

filed February 26, 2008, Patel v. Bergeron, et al., Case No. CV 08-1133, filed February 26, 2008, and 

Lemmond, et al. v. Bergeron, et al., Case No. CV 08-1301, filed March 5, 2008; 

WHEREAS on March 19, 2008, the Court entered an order relating the Hilborn, Patel, 

and Lemmond actions to the instant action; 

WHEREAS on March 18, 2008, Plaintiff filed a Motion to Consolidate Related 

Shareholder Derivative Actions and Appoint Lead Plaintiff and Lead Counsel, and on March 19, 2008, 

plaintiff in Patel v. Bergeron, et al. filed a Motion to Consolidate Related Actions, Appoint Lead 

Plaintiff and Lead Counsel (collectively, “Consolidation Motions”); 

WHEREAS the hearing date for the Consolidation Motions is currently scheduled for 

April 28, 2008; 

WHEREAS Plaintiff and Defendants agree that an amended consolidated complaint will 

likely be filed; 

Case 3:07-cv-06347-MHP Document 32 Filed 04/16/08 Page 2 of 5
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NOW THEREFORE, IT IS HEREBY STIPULATED AND AGREED, between Plaintiff, 

by and through his counsel, and Defendants, by and through their counsel, that: 

1. Defendants shall not be required to move or otherwise respond to any complaint 

in this action until after the Court rules on the Consolidation Motions, and that any motion or response 

shall be filed in accordance with a briefing schedule that will be set at or after the April 28, 2008 hearing 

on the Consolidation Motions. 

2. Defendants will not oppose any effort by Plaintiff to seek leave to file a 

consolidated amended complaint within 90 days of the April 28, 2008 hearing. 

IT IS SO STIPULATED. 

Date: April 11, 2008 

/s/ Brendan P. Cullen

Brendan P. Cullen (SBN 194057) 

Scott C. Hall (SBN 232492) 

Sverker K. Högberg (SBN 244640) 

SULLIVAN & CROMWELL LLP 

1870 Embarcadero Road 

Palo Alto, California 94303 

Telephone: (650) 461-5600 

Facsimile: (650) 461-5700 

Michael H. Steinberg (SBN 134179) 

SULLIVAN & CROMWELL LLP 

1888 Century Park East 

Los Angeles, California 90067 

Telephone: (310) 712-6600 

Facsimile: (310) 712-8800

Attorneys for VERIFONE HOLDINGS, 

INC., DOUGLAS G. BERGERON, 

JAMES C. CASTLE, LESLIE G. 

DENEND, ALEX W. (PETE) HART, 

ROBERT B. HENSKE, EITAN RAFF, 

CHARLES R. RINEHART, COLLIN E. 

ROCHE, CRAIG A. BONDY, and 

BARRY ZWARENSTEIN 

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I, Brendan P. Cullen, am the ECF user whose User ID and Password are being used to 

file this STIPULATION AND [PROPOSED] ORDER FOR WAIVER OF SERVICE OF SUMMONS AS 

TO ALL DEFENDANTS AND AS TO NOMINAL DEFENDANT VERIFONE HOLDINGS, INC. In 

compliance with General Order 45, X.B, I hereby attest that the other signatories listed have concurred 

in this filing. 

Dated: April 11, 2008 

/s/ Brendan P. Cullen

Brendan P. Cullen (SBN 194057) 

SULLIVAN & CROMWELL LLP 

1870 Embarcadero Road 

Palo Alto, California 94303 

Telephone: (650) 461-5600 

Facsimile: (650) 461-5700

Attorneys for VERIFONE HOLDINGS, 

INC., DOUGLAS G. BERGERON, 

JAMES C. CASTLE, LESLIE G. 

DENEND, ALEX W. (PETE) HART, 

ROBERT B. HENSKE, EITAN RAFF, 

CHARLES R. RINEHART, COLLIN E. 

ROCHE, CRAIG A. BONDY, and 

BARRY ZWARENSTEIN 

Dated: April 11, 2008 

/s/ Arthur L. Shingler III

Arthur L. Shingler III (SBN 181719) 

SCOTT + SCOTT LLP 

600 B Street, Suite 1500 

San Diego, California 92101 

Telephone: (619) 233-4565 

Facsimile: (619) 233-0508 

David R. Scott 

SCOTT + SCOTT LLP 

108 Norwich Avenue, P.O. Box 192 

Colchester, Connecticut 06415 

Telephone: (860) 537-5537 

Facsimile: (860) 537-4432 

Attorneys for CHARLES R. KING 

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ORDER 

THE FOREGOING STIPULATION 

IS APPROVED AND IS SO ORDERED. 

Dated: 

 THE HONORABLE MARILYN H. PATEL

UNITED STATES DISTRICT JUDGE 

4/15/2008

U

NITED STATES DISTRICT COURT

NORTHERN DISTRICT OF CALIFORNIA

IT IS SO ORDERED

Judge Marilyn H. Patel

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