Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-cand-3_16-cv-02480/USCOURTS-cand-3_16-cv-02480-1/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 DEFERRING RESPONSE AND VACATING CMC

CASE NO. 3:16-CV-2480-CRB

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ANNA ERICKSON WHITE (CA SBN 161385)

AWhite@mofo.com

ROBERT L. CORTEZ WEBB (CA SBN 274742)

RWebb@mofo.com

SU-HAN WANG (CA SBN 284863)

SWang@mofo.com

MORRISON & FOERSTER LLP

425 Market Street

San Francisco, California 94105-2482

Telephone: 415.268.7000

Facsimile: 415.268.7522

Attorneys for Defendants

Sunrun Inc., Lynn Jurich, Bob Komin, Edward Fenster, Jameson 

McJunkin, Gerald Risk, Steve Vassallo, Richard Wong, Beau 

Peelle, Eren Omer Atesmen, Reginald Norris, William Elmore, 

Foundation Capital VI, L.P., and Foundation Capital 

Management Co. VI, LLC

UNITED STATES DISTRICT COURT

NORTHERN DISTRICT OF CALIFORNIA

SAN FRANCISCO DIVISION

CAROLE LEE GREENBERG, Individually and 

on Behalf of All Others Similarly Situated,

Plaintiff,

v.

SUNRUN INC., LYNN JURICH, BOB KOMIN, 

EDWARD FENSTER, JAMESON MCJUNKIN, 

GERALD RISK, STEVE VASSALLO, 

RICHARD WONG, BEAU PEELLE, EREN 

OMER ATESMEN, REGINALD NORRIS, 

WILLIAM ELMORE, FOUNDATION 

CAPITAL VI, L.P., FOUNDATION CAPITAL 

MANAGEMENT CO. VI, LLC, CREDIT 

SUISSE SECURITIES (USA) LLC, GOLDMAN, 

SACHS & CO., MORGAN STANLEY & CO. 

LLC, MERRILL LYNCH, PIERCE, FENNER & 

SMITH INCORPORATED, RBC CAPITAL 

MARKETS, LLC, KEYBANC CAPITAL 

MARKETS INC., and SUNTRUST ROBINSON 

HUMPHREY, INC.,

Defendants.

Case No. 3:16-cv-2480-CRB

CLASS ACTION

STIPULATION AND ORDER 

EXTENDING DEFENDANTS’ 

RESPONSE DEADLINE 

PENDING APPOINTMENT OF 

LEAD PLAINTIFF AND LEAD 

COUNSEL AND VACATING

INITIAL CASE MANAGEMENT 

CONFERENCE 

[CIV L.R. 6-1(A)]

[CIV L.R. 7-12]

Judge: Hon. Charles R. Breyer

Courtroom: 6, 17th Floor

Case filed: May 6, 2016

Trial date: None set

Case 3:16-cv-02480-CRB Document 25 Filed 06/08/16 Page 1 of 5
STIPULATION AND [PROPOSED] ORDER DEFERRING RESPONSE AND VACATING CMC

CASE NO. 3:16-CV-2480-CRB 1

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All parties, through their undersigned counsel, hereby submit this Stipulation deferring 

Defendants’ deadlines to respond to the complaint pursuant to Civil Local Rule 6-1(a), and 

vacating the initial case management conference.

RECITALS

WHEREAS, on May 6, 2016, the above-captioned class action complaint was filed in this 

Court. (Dkt. 1.) The complaint alleges violations of the federal securities laws by Sunrun Inc. 

(“Sunrun”), certain of Sunrun’s directors, officers, and employees, as well as the underwriters of 

Sunrun’s initial public offering;

WHEREAS, upon commencement of this action, an initial case management conference 

was set for August 5, 2016 at 8:30 AM. (Dkt. 3);

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

1995, 15 U.S.C. § 78u-4 et seq. (the “Reform Act”). Among other things, discovery is 

automatically stayed pending resolution of a motion to dismiss;

WHEREAS, pursuant to the provisions of the Reform Act and Civil Local Rule 23-1, 

motions for appointment of lead plaintiff and lead counsel are due by July 26, 2016;

WHEREAS no meaningful litigation activity is expected in this action until after the Court 

appoints a lead plaintiff and lead counsel, at which point an amended complaint is likely to be 

filed by the appointed lead plaintiff and lead counsel;

WHEREAS, after an operative complaint is filed or designated, defendants anticipate 

filing motions to dismiss that complaint;

WHEREAS counsel for the undersigned parties agree that deferring the response 

deadlines for all defendants until after the Court appoints a lead plaintiff and lead counsel 

pursuant to the Reform Act is prudent and will conserve party and judicial resources;

WHEREAS the parties further agree that an initial case management conference, attendant 

deadlines, and related ADR procedures are premature and should be deferred until the initial case 

management conference is reset following appointment of a lead plaintiff and lead counsel by the 

Court.

Case 3:16-cv-02480-CRB Document 25 Filed 06/08/16 Page 2 of 5
STIPULATION AND [PROPOSED] ORDER DEFERRING RESPONSE AND VACATING CMC

CASE NO. 3:16-CV-2480-CRB 2

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STIPULATION

NOW, THEREFORE, the undersigned hereby stipulate, subject to Court approval as to 

the resetting of the Case Management Conference, as follows:

1. Defendants agree to accept service, through counsel, to the extent they have not 

yet been served;1

2. Defendants shall have no obligation to respond to the complaint until after the 

Court appoints a lead plaintiff and lead counsel;

3. Counsel for the defendants will meet and confer with the court-appointed lead 

counsel within fourteen days after the Court makes its appointment to discuss a schedule for the 

filing of any amended complaint and defendants’ responses, including their currently anticipated 

motions to dismiss; and

4. The Case Management Conference that is presently scheduled for August 5, 2016, 

is hereby vacated and shall be reset in connection with the setting of the briefing schedule on 

defendants’ anticipated motions to dismiss. The related deadlines, including ADR requirements, 

shall be deferred until after an initial case management conference is reset.

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 1 Undersigned counsel’s acceptance of service of the complaint is without prejudice to and 

without waiver of any defenses, objections or arguments in this matter or any other matter, except 

as to sufficiency of service of process.

Case 3:16-cv-02480-CRB Document 25 Filed 06/08/16 Page 3 of 5
STIPULATION AND [PROPOSED] ORDER DEFERRING RESPONSE AND VACATING CMC

CASE NO. 3:16-CV-2480-CRB 3

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IT IS SO STIPULATED

Dated: June 6, 2016

POMERANTZ LLP

By: /s/ Jennifer Pafiti 

Attorneys for Plaintiff Carole Lee 

Greenberg

Jennifer Pafiti (SBN 282790) 

468 North Camden Drive

Beverly Hills, CA 90210

Telephone: 818.532.6499

jpafiti@pomlaw.com

Dated: June 6, 2016

MORRISON & FOERSTER LLP

By: /s/ Anna Erickson White 

Attorneys for the Sunrun Defendants

Dated: June 6, 2016

SHEARMAN & STERLING LLP

By: /s/ Patrick D. Robbins 

Attorneys for the Underwriter Defendants 

Patrick D. Robbins (SBN 152288)

535 Mission Street, 25th Floor

San Francisco, CA 94105

Telephone: 415.616.1100

Facsimile: 415.616.1199

Email: probbins@shearman.com

ORDER

PURSUANT TO STIPULATION, IT IS SO ORDERED

Dated: June 8, 2016

____________________________________

Hon. Charles R. Breyer

United States District Judge

Case 3:16-cv-02480-CRB Document 25 Filed 06/08/16 Page 4 of 5
STIPULATION AND [PROPOSED] ORDER DEFERRING RESPONSE AND VACATING CMC

CASE NO. 3:16-CV-2480-CRB 4

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ATTESTATION

I, Anna Erickson White, am the ECF User whose ID and password are being used to file 

this STIPULATION AND [PROPOSED] ORDER EXTENDING DEFENDANTS’ 

RESPONSE DEADLINE PENDING APPOINTMENT OF LEAD PLAINTIFF AND LEAD 

COUNSEL AND VACATING INITIAL CASE MANAGEMENT CONFERENCE. In 

compliance with Civil L.R. 5-1, I hereby attest that Jennifer Pafiti and Patrick D. Robbins

concurred in this filing.

/s/ Anna Erickson White

Case 3:16-cv-02480-CRB Document 25 Filed 06/08/16 Page 5 of 5