Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-cand-3_17-cv-06956/USCOURTS-cand-3_17-cv-06956-6/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

CONTINUING INITIAL CASE MANAGEMENT

CONFERENCE - (CASE NO. 3:17-CV-06956-EMC) 

JAMES N. KRAMER (SBN 154709) 

jkramer@orrick.com 

ALEXANDER K. TALARIDES (SBN 268068) 

atalarides@orrick.com 

SUZETTE J. BARNES (SBN273116) 

sbarnes@orrick.com 

ORRICK, HERRINGTON & SUTCLIFFE LLP 

The Orrick Building 

405 Howard Street 

San Francisco, CA 94105-2669 

Telephone: (415) 773-5700 

Facsimile: (415) 773-5759 

Attorneys for PayPal Holdings, Inc., 

Daniel H. Schulman and John D. Rainey, Jr. 

[additional counsel on signature page] 

UNITED STATES DISTRICT COURT 

NORTHERN DISTRICT OF CALIFORNIA 

RONALD SGARLATA, Individually and on 

Behalf of All Others Similarly Situated, 

 Plaintiffs, 

vs. 

PAYPAL HOLDINGS, INC., DANIEL H. 

SCHULMAN, JOHN D. RAINEY JR., and 

HAMED SHAHBAZI, 

 Defendants. 

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Case No. 3:17-cv-06956-EMC 

STIPULATION AND [PROPOSED] 

ORDER CONTINUING INITIAL CASE 

MANAGEMENT CONFERENCE

Case 3:17-cv-06956-EMC Document 55 Filed 04/25/18 Page 1 of 4
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- 1 - 

STIPULATION AND [PROPOSED] ORDER

CONTINUING INITIAL CASE MANAGEMENT

CONFERENCE - (CASE NO. 3:17-CV-06956-EMC) 

WHEREAS, on March 5, 2018, the Court continued the Initial Case Management 

Conference (“CMC”) from March 8, 2018 to April 19, 2018, and set the deadline for the parties 

to file a joint CMC Statement to April 12, 2018; 

WHEREAS, on March 29, 2018, the parties filed a joint CMC Statement; 

WHEREAS on March 30, 2018 and April 6, 2018, the Court ordered that (i) Interim CoLead Plaintiffs shall file an amended complaint by June 12, 2018; (ii) Defendants shall file their 

responses to the amended complaint within thirty (30) days after the filing of the amended 

complaint; (iii) if any Defendant moves to dismiss the amended complaint, Interim Co-Lead 

Plaintiffs’ oppositions shall be due within thirty (30) days after the filing of the motion(s) to 

dismiss; and (iv) any replies shall be due within twenty (20) days after the filing of Interim CoLead Plaintiffs’ opposition; 

WHEREAS, on April 6, 2018, the Court continued the CMC from April 19, 2018 to April 

26, 2018; 

WHEREAS, this action is governed by the Private Securities Litigation Reform Act of 

1995 (“PSLRA”), under which all “discovery and other proceedings” are automatically stayed 

pending determination of any motion(s) to dismiss, 

WHEREAS the parties have met and conferred, and agree to continue the CMC until after 

the Court has decided any and all motion(s) to dismiss any amended complaint filed by Interim 

Co-Lead Plaintiffs. 

NOW THEREFORE, the undersigned parties hereby stipulate and agree, and respectfully 

request, that the Court enters an order as follows: 

1. The April 26, 2018 CMC is continued until after the Court decides any and all 

motion(s) to dismiss any amended complaint filed by Interim Co-Lead Plaintiffs. 

Case 3:17-cv-06956-EMC Document 55 Filed 04/25/18 Page 2 of 4
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- 2 - 

STIPULATION AND [PROPOSED] ORDER

CONTINUING INITIAL CASE MANAGEMENT

CONFERENCE - (CASE NO. 3:17-CV-06956-EMC) 

Dated: April 23, 2018 JAMES N. KRAMER

ALEXANDER K. TALARIDES 

SUZETTE J. BARNES 

Orrick, Herrington & Sutcliffe LLP 

/s/ Alexander K. Talarides 

ALEXANDER K. TALARIDES 

Attorneys for Defendants 

PayPal Holdings, Inc., Daniel H. Schulman, and John 

D. Rainey, Jr. 

I, Alexander K. Talarides, am the ECF user whose ID and password are being used to file 

this Stipulation and [Proposed] Order Continuing Initial Case Management Conference. In 

compliance with General Order 45, X.B., I hereby attest that Jay L. Pomerantz has concurred in 

this filing. 

Dated: April 23, 2018 JAY L. POMERANTZ

Fenwick & West LLP 

/s/ Jay L. Pomerantz 

 JAY POMERANTZ 

Counsel for Defendant Hamed Shahbazi

I, Alexander K. Talarides, am the ECF user whose ID and password are being used to file 

this Stipulation and [Proposed] Order Continuing Initial Case Management Conference. In 

compliance with General Order 45, X.B., I hereby attest that Patrick V. Dahlstrom has concurred 

in this filing. 

Dated: April 23, 2018 JENNIFER PAFITI

JEREMY A. LIEBERMAN 

PATRICK V. DAHLSTROM 

LOUIS C. LUDWIG 

Pomerantz LLP 

/s/ Patrick V. Dahlstrom 

PATRICK V. DAHLSTROM 

Counsel for Interim Co-Lead Plaintiff Michael Eckert

Case 3:17-cv-06956-EMC Document 55 Filed 04/25/18 Page 3 of 4
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- 3 - 

STIPULATION AND [PROPOSED] ORDER

CONTINUING INITIAL CASE MANAGEMENT

CONFERENCE - (CASE NO. 3:17-CV-06956-EMC) 

I, Alexander K. Talarides, am the ECF user whose ID and password are being used to file 

this Stipulation and [Proposed] Order Continuing Initial Case Management Conference. In 

compliance with General Order 45, X.B., I hereby attest that Jonathan Stern has concurred in 

this filing. 

Dated: April 23, 2018 LAURENCE ROSEN

JONATHAN STERN 

The Rosen Law Firm, P.A. 

/s/ Jonathan Stern 

 JONATHAN STERN 

Counsel for Interim Co-Lead Plaintiff Edwin Bell

[PROPOSED] ORDER

Pursuant to the Stipulation of the Parties, IT IS SO ORDERED.

Dated: __________________ ________________________________________ 

The Honorable Edward M. Chen 

UNITED STATES DISTRICT JUDGE 

The CMC is reset

from 4/26/18 to 8/30/18 at 9:30 a.m. Joint CMC statement shall be 

filed by 8/23/18. 

 4/25/2018

U

NITED STATES DISTRICT COURT

NORTHERN DISTRICT OF CALIFORNIA

IT IS SO ORDERED

AS MODIFIED

Judge Edward M. Chen

Case 3:17-cv-06956-EMC Document 55 Filed 04/25/18 Page 4 of 4