Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-cand-4_16-cv-05541/USCOURTS-cand-4_16-cv-05541-8/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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1 STIPULATION AND PROPOSED ORDER 

CASE NO. 3:16-CV-05541-JST

Richard M. Heimann (063607)

rheimann@lchb.com 

Joy A. Kruse (142799) 

jakruse@lchb.com 

Katherine C. Lubin (259826) 

kbenson@lchb.com 

LIEFF CABRASER HEIMANN & 

BERNSTEIN, LLP 

275 Battery Street, 29th Floor 

San Francisco, CA 94111-3339 

Telephone: (415) 956-1000 

Facsimile: (415) 956-1008 

Attorneys for Plaintiff Fire & Police 

Pension Association of Colorado and CoLead Counsel

Maya Saxena (pro hac vice) 

msaxena@saxenawhite.com 

Joseph E. White, III (pro hac vice) 

jwhite@saxenawhite.com 

Lester R. Hooker (241590) 

lhooker@saxenawhite.com 

Jorge A. Amador (237800) 

jamador@saxenawhite.com 

SAXENA WHITE P.A. 

5200 Town Center Circle, Suite 601 

Boca Raton, FL 33486 

Telephone: (561) 394-3399 

Facsimile: (561) 394-3382 

[Additional Counsel on Signature Page] 

Attorneys for Plaintiff The City of 

Birmingham Retirement and Relief System 

and Co-Lead Counsel

UNITED STATES DISTRICT COURT 

NORTHERN DISTRICT OF CALIFORNIA 

IN RE WELLS FARGO & COMPANY 

SHAREHOLDER DERIVATIVE 

LITIGATION 

Lead Case No. 3:16-cv-05541-JST

STIPULATION AND [PROPOSED] 

ORDER REGARDING PLAINTIFFS’ 

RESPONSE TO DEFENDANTS’ 

MOTIONS TO DISMISS _ 

The Honorable Jon S. Tigar 

WHEREAS, on February 8, 2017, the Court entered an order setting the briefing schedule 

on Defendants’ motion to dismiss the Consolidated Complaint on the threshold issue of demand 

futility [Dkt. 81]; 

Case 4:16-cv-05541-JST Document 148 Filed 06/15/17 Page 1 of 8
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2 STIPULATION AND PROPOSED ORDER 

CASE NO. 3:16-CV-05541-JST

WHEREAS, the February 8, 2017 order preserved Defendants’ right to assert other 

defenses, including by motion or otherwise, after the Court’s consideration of Defendants’ 

demand futility motion to dismiss; 

WHEREAS, on February 24, 2017, Lead Plaintiffs Fire and Police Pension Association of 

Colorado and The City of Birmingham Retirement and Relief System filed their Consolidated 

Amended Verified Stockholder Derivative Complaint [Dkt. 83]; 

WHEREAS, on March 17, 2017, Defendants filed their motion to dismiss for failure to 

adequately plead demand futility [Dkt. 99], which Plaintiffs opposed on April 3, 2017 [Dkt. 115] 

and Defendants replied to on April 14, 2017 [Dkt. 116]; 

On May 4, 2017, the Court held argument on Defendants’ motion to dismiss on demand 

futility grounds, and the same day denied in part and granted in part Defendants’ motion to 

dismiss [Dkt. 129], holding that Plaintiffs had adequately pled demand futility; 

WHEREAS, on May 23, 2017, the parties submitted a stipulation and proposed briefing 

schedule for any remaining motions to dismiss pursuant to Federal Rule of Civil Procedure 12 

that Defendants intended to make [Dkt. 134], which the Court entered on May 30, 2017 [Dkt. 

135]; 

WHEREAS, on June 5, 2017, certain Defendants filed a total of five motions to dismiss 

pursuant to Rule 12 [Dkts. 139, 140, 141, 143, 144] and Defendant Stumpf filed a notice of 

joinder to certain of those motions [Dkt. 145]; 

NOW THEREFORE, IT IS HEREBY STIPULATED AND AGREED, between Lead 

Plaintiffs, by and through their counsel, and Defendants, by and through their counsel, that 

Plaintiffs will respond to Defendants’ motions in a single opposition brief, not to exceed 70 

pages. The 70 pages is less than the total number of pages for Defendants’ motions to dismiss (78 

pages). 

Dated: June 14, 2017 LIEFF CABRASER HEIMANN & BERNSTEIN, LLP 

By: /s/Richard M. Heimann 

Case 4:16-cv-05541-JST Document 148 Filed 06/15/17 Page 2 of 8
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3 STIPULATION AND PROPOSED ORDER 

CASE NO. 3:16-CV-05541-JST

Richard M. Heimann (063607) 

rheimann@lchb.com 

Joy A. Kruse (142799) 

jakruse@lchb.com 

Katherine C. Lubin (259826) 

kbenson@lchb.com 

LIEFF CABRASER HEIMANN & BERNSTEIN, LLP 

275 Battery Street, 29th Floor 

San Francisco, CA 94111-3339 

Telephone: (415) 956-1000 

Facsimile: (415) 956-1008 

 Steven E. Fineman (140335)

sfineman@lchb.com 

Daniel P. Chiplock (pro hac vice application to be filed) 

dchiplock@lchb.com 

Nicholas Diamand (pro hac vice) 

ndiamand@lchb.com 

Michael J. Miarmi (pro hac vice) 

mmiarmi@lchb.com 

LIEFF CABRASER HEIMANN & BERNSTEIN, LLP 

250 Hudson Street, 8th Floor 

New York, NY 10013-1413 

Telephone: (212) 355-9500 

Facsimile: (212) 355-9592 

Attorneys for Plaintiff Fire & Police Pension Association 

of Colorado and Co-Lead Counsel

Case 4:16-cv-05541-JST Document 148 Filed 06/15/17 Page 3 of 8
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4 STIPULATION AND PROPOSED ORDER 

CASE NO. 3:16-CV-05541-JST

 Maya Saxena (pro hac vice)

msaxena@saxenawhite.com 

Joseph E. White, III (pro hac vice) 

jwhite@saxenawhite.com 

Lester R. Hooker (241590) 

lhooker@saxenawhite.com 

Jorge A. Amador (237800) 

jamador@saxenawhite.com 

Adam D. Warden (Pro hac vice application to be filed) 

awarden@saxenawhite.com 

Dianne M. Anderson (CA Bar No. 103670) 

danderson@saxenawhite.com 

SAXENA WHITE P.A. 

5200 Town Center Circle, Suite 601 

Boca Raton, FL 33486 

Telephone: (561) 394-3399 

Facsimile: (561) 394-3382 

Steven B. Singer (Pro hac vice application to be filed) 

SAXENA WHITE P.A.

4 West Red Oak Lane, Suite 312 

White Plains, NY 10604 

Telephone: (914) 437-8551 

Facsimile: (888) 631-3611 

ssinger@saxenawhite.com 

Attorneys for Plaintiff The City of Birmingham 

Retirement and Relief System and Co-Lead Counsel 

 GOODWIN PROCTER LLP 

By: /s/ Richard M. Strassberg Richard M. Strassberg (pro hac vice) 

(rstrassberg@goodwinlaw.com) 

GOODWIN PROCTER LLP 

620 8th Avenue 

New York, NY 10018 

Telephone: (212) 813-8800 

Facsimile: (212) 355-3333 

Grant P. Fondo

(gfondo@goodwinlaw.com) 

GOODWIN PROCTER LLP 

135 Commonwealth Drive 

Menlo Park, CA 94025 

Telephone: (650) 752-3100 

Facsimile: (650) 853-1038 

Attorneys for Defendant John G. Stumpf

Case 4:16-cv-05541-JST Document 148 Filed 06/15/17 Page 4 of 8
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5 STIPULATION AND PROPOSED ORDER 

CASE NO. 3:16-CV-05541-JST

CLARENCE DYER & COHEN LLP 

By: /s/Nancy L. Clarence Nanci L. Clarence 

(nclarence@clarencedyer.com) 

Josh A. Cohen 

(jcohen@clarencedyer.com) 

CLARENCE DYER & COHEN LLP 

899 Ellis Street 

San Francisco, CA 94109 

Telephone: (415) 749-1800 

Facsimile: (415) 749-1694 

Attorneys for Defendant Timothy J. Sloan

 ARGUEDAS, CASSMAN & HEADLEY, LLP

By: /s/Ted W. Cassman 

Cristina C. Arguedas 

(arguedas@achlaw.com) 

Laurel L. Headley 

(headley@achlaw.com) 

Ted W. Cassman 

(cassman@achlaw.com) 

ARGUEDAS, CASSMAN & HEADLEY, LLP 

803 Hearst Avenue 

Berkeley, California 94710 

Telephone: (510) 845-3000 

Facsimile: (510) 845-3003 

Attorneys for Defendant Michael J. Loughlin

WILLIAMS & CONNOLLY LLP 

By: /s/Enu A. Mainigi Enu A. Mainigi (pro hac vice forthcoming) 

(emainigi@wc.com) 

WILLIAMS & CONNOLLY LLP 

725 Twelfth Street, N.W. 

Washington D.C. 20005 

Telephone: (202) 434-5000 

Facsimile: (202) 434-5029 

Attorneys for Defendant Carrie Tolstedt

Case 4:16-cv-05541-JST Document 148 Filed 06/15/17 Page 5 of 8
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6 STIPULATION AND PROPOSED ORDER 

CASE NO. 3:16-CV-05541-JST

SHEARMAN & STERLING LLP 

By: /s/Jaculin Aaron Jaculin Aaron 

(jaaron@shearman.com) 

SHEARMAN & STERLING LLP 

599 Lexington Avenue 

New York, NY 10022 

Telephone: (212) 848-4000 

Facsimile: (212) 848-7179 

Attorneys for Defendants John D. Baker II, Elaine L. 

Chao, John S. Chen, Lloyd H. Dean, Elizabeth A. Duke, 

Susan E. Engel, Enrique Hernandez, Jr., Donald M. 

James, Cynthia H. Milligan, Federico F. Peña, James H. 

Quigley, Stephen W. Sanger, Susan G. Swenson and 

Suzanne M. Vautrinot

RAMSEY & EHRLICH LLP 

By: /s/Miles Ehrlich Miles Ehrlich 

(miles@ramsey-ehrlich.com) 

Ismail Ramsey 

(izzy@ramsey-ehrlich.com) 

RAMSEY & EHRLICH LLP 

803 Hearst Avenue 

Berkeley, CA 94710 

Telephone: (510) 548-3600 

Facsimile: (510) 291-3060 

Attorneys for Defendant John R. Shrewsberry

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7 STIPULATION AND PROPOSED ORDER 

CASE NO. 3:16-CV-05541-JST

ATTESTATION PURSUANT TO GENERAL ORDER 45

I, Richard M. Heimann, in compliance with General Order 45, Section X(B), 

hereby attest that I obtained the concurrence of all of the above-listed counsel in filing this 

document. 

DATED: June 14, 2017 /s/ Richard M. Heimann 

 Richard M. Heimann 

Case 4:16-cv-05541-JST Document 148 Filed 06/15/17 Page 7 of 8
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8 STIPULATION AND PROPOSED ORDER 

CASE NO. 3:16-CV-05541-JST

ORDER 

38568$177267,38/$7,21IT IS SO ORDERED. 

Dated: 

 THE HONORABLE JON S. TIGAR 

UNITED STATES DISTRICT JUDGE 

June 15, 2017

Case 4:16-cv-05541-JST Document 148 Filed 06/15/17 Page 8 of 8