Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-cand-3_08-cv-01510/USCOURTS-cand-3_08-cv-01510-101/pdf.json

Nature of Suit Code: 850
Nature of Suit: Securities, Commodities, Exchange
Cause of Action: 15:77 Securities Fraud

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STIPULATION AND [PROPOSED] ORDER FOR EXPEDITED BRIEFING AND HEARING

CASE NO. C-08-01510-WHA

DARRYL P. RAINS (CA SBN 104802)

EUGENE ILLOVSKY (CA SBN 117892)

MORRISON & FOERSTER LLP

755 Page Mill Road

Palo Alto, California 94304-1018

Telephone: 650.813.5600

Facsimile: 650.494.0792

Email: DRains@mofo.com 

CRAIG D. MARTIN (CA SBN 168195)

DOROTHY L. FERNANDEZ (CA SBN 184266)

MORRISON & FOERSTER LLP

425 Market Street

San Francisco, California 94105-2482

Telephone: 415.268.7000

Facsimile: 415.268.7522

Attorneys for defendants The Charles Schwab Corporation, 

Charles Schwab & Co., Inc., Charles Schwab Investment 

Management, Inc., Schwab Investments, Charles R. Schwab, 

Evelyn Dilsaver, Randall W. Merk, George Pereira, 

Matthew Hastings, Mariann Byerwalter, Donald F. Dorward, 

William A. Hasler, Robert G. Holmes, Gerald B. Smith, 

Donald R. Stephens, and Michael W. Wilsey

UNITED STATES DISTRICT COURT

NORTHERN DISTRICT OF CALIFORNIA

SAN FRANCISCO DIVISION

IN RE CHARLES SCHWAB CORP. 

SECURITIES LITIGATION

Master File No. C-08-01510-WHA

CLASS ACTION

STIPULATION AND [PROPOSED] 

ORDER FOR EXPEDITED 

BRIEFING AND HEARING 

Date: N/A

Time: N/A

Judge: Hon. William H. Alsup

Case 3:08-cv-01510-WHA Document 743 Filed 05/04/10 Page 1 of 5
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STIPULATION AND [PROPOSED] ORDER FOR EXPEDITED BRIEFING AND HEARING

CASE NO. C-08-01510-WHA

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WHEREAS, on May 10, 2010, the parties are scheduled to begin a bench trial on Count 

IV of plaintiffs’ Second Consolidated Amended Complaint for violation of California Business & 

Professions Code §§ 17200 et seq.;

WHEREAS, on May 3, 2010, the individual Schwab defendants are filing an unopposed 

Motion for Summary Judgment Re Section 17200 Claim (“Motion”), requesting summary 

judgment in their favor on plaintiffs’ section 17200 claim;

WHEREAS, under Local Rule 7-2(a) defendants may not notice the Motion to be heard in 

less than thirty-five days, which would require the hearing to be held after the trial;

WHEREAS, the deadline for filing dispositive motions in this case was set by the Court as 

February 11, 2010;

WHEREAS, the parties agree that a decision by the Court on defendants’ Motion will 

likely narrow the issues to be presented at trial; 

WHEREAS, the Court has ordered various extensions of time in this case, including 

orders — extending the time to file responses to complaints, extending the time to file a 

consolidated complaint, changing the class certification briefing schedule, continuing the date of 

a settlement conference, and extending the fact and expert discovery deadlines;

WHEREAS, this Stipulation for Expedited Briefing and Hearing will have no effect on 

other proceedings in the case and will not change any Court-ordered deadlines;

WHEREAS, the parties have agreed to a schedule for expedited briefing and hearing on 

the Motion;

IT IS HEREBY STIPULATED AND AGREED among the undersigned parties, subject to 

Court approval, as follows:

1. The individual defendants will file their Motion on May 3, 2010; 

2. Plaintiffs will not oppose defendants’ Motion;

Case 3:08-cv-01510-WHA Document 743 Filed 05/04/10 Page 2 of 5
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STIPULATION AND [PROPOSED] ORDER FOR EXPEDITED BRIEFING AND HEARING

CASE NO. C-08-01510-WHA

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3. The Court will hear defendants’ Motion on May 10, 2010 at 7:30 a.m., or as soon 

thereafter as the Court may order. IT IS SO STIPULATED.

Dated: May 3, 2010 DAVID BAYLESS

TAMMY ALBARRAN

AILEEN WHEELER

PAUL WATKINS

COVINGTON & BURLING LLP

By: /s/ Tammy Albarran

 Tammy Albarran

Attorneys for Defendant

Kimon P. Daifotis

Dated: May 3, 2010 DARRYL P. RAINS

EUGENE ILLOVSKY

CRAIG D. MARTIN

DOROTHY L. FERNANDEZ

MORRISON & FOERSTER LLP

By: /s/ Darryl P. Rains

Darryl P. Rains

Attorneys for Defendants The Charles 

Schwab Corporation, Charles Schwab & Co., 

Inc., Charles Schwab Investment 

Management, Inc., Schwab Investments, 

Charles R. Schwab, Evelyn Dilsaver, Randall 

W. Merk, George Pereira, Matthew Hastings, 

Mariann Byerwalter, Donald F. Dorward, 

William A. Hasler, Robert G. Holmes, 

Gerald B. Smith, Donald R. Stephens, and 

Michael W. Wilsey

Case 3:08-cv-01510-WHA Document 743 Filed 05/04/10 Page 3 of 5
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STIPULATION AND [PROPOSED] ORDER FOR EXPEDITED BRIEFING AND HEARING

CASE NO. C-08-01510-WHA

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* * *

IT IS SO ORDERED.

Dated: May ___, 2010

WILLIAM H. ALSUP

UNITED STATES DISTRICT JUDGE

Dated: May 3, 2010 STEVE W. BERMAN

SEAN R. MATT

ERIN K. FLORY

LISA M. HASSELMAN

ROBERT F. LOPEZ

REED R. KATHREIN

PETER E. BORKON

HAGENS BERMAN SOBOL SHAPIRO LLP

By: /s/ Sean R. Matt

Sean R. Matt

Attorneys For Lead Plaintiffs

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U

NITED STATES DISTRICT COURT

NORTHERN DISTRICT OF CALIFORNIA

IT IS SO ORDERED

Judge William Alsup

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STIPULATION AND [PROPOSED] ORDER FOR EXPEDITED BRIEFING AND HEARING

CASE NO. C-08-01510-WHA

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ECF ATTESTATION

I, Darryl P. Rains, am the ECF User whose ID and password are being used to file this

STIPULATION AND [PROPOSED] ORDER FOR EXPEDITED

BRIEFING AND HEARING

In compliance with General Order 45, X.B., I hereby attest that Tammy Albarran and 

Sean R. Matt have concurred in this filing.

Dated: May 3, 2010 MORRISON & FOERSTER LLP

By: /s/ Darryl P. Rains

Darryl P. Rains

Case 3:08-cv-01510-WHA Document 743 Filed 05/04/10 Page 5 of 5