Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-cand-3_16-cv-05312/USCOURTS-cand-3_16-cv-05312-3/pdf.json

Nature of Suit Code: 850
Nature of Suit: Securities, Commodities, Exchange
Cause of Action: 28:1332 Diversity-Breach of Fiduciary Duty

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STIPULATION AND [PROPOSED] ORDER REGARDING LEAD CASE NO. 3:16-CV-05312-RS 

CASE SCHEDULE AND TEMPORARY STAY OF ACTION

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ROBBINS ARROYO LLP 

BRIAN J. ROBBINS (190264) 

brobbins@robbinsarroyo.com 

GEORGE C. AGUILAR (126535) 

gaguilar@robbinsarroyo.com 

ASHLEY R. RIFKIN (246602) 

arifkin@robbinsarroyo.com 

600 B Street, Suite 1900 

San Diego, CA 92101 

Telephone: (619) 525-3990 

Facsimile: (619) 525-3991 

Lead Counsel for Plaintiffs 

WILSON SONSINI GOODRICH & ROSATI 

Professional Corporation 

STEVEN M. SCHATZ (SBN 118356) 

sschatz@wsgr.com 

KATHERINE L. HENDERSON (SBN 242676) 

khenderson@wsgr.com 

650 Page Mill Road 

Palo Alto, CA 94304 

Telephone: (650) 493-9300 

Facsimile: (650) 493-6811 

Attorneys for Defendants 

UNITED STATES DISTRICT COURT 

NORTHERN DISTRICT OF CALIFORNIA 

IN RE SUNPOWER CORPORATION 

SHAREHOLDER DERIVATIVE 

LITIGATION

Lead Case No. 3:16-cv-05312-RS 

(Consolidated with Case Nos. 5:16-cv05381-RS and 3:16-cv-05988-RS) 

STIPULATION AND [PROPOSED] 

ORDER REGARDING CASE SCHEDULE 

AND TEMPORARY STAY OF ACTION This Document Relates To:

ALL ACTIONS

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STIPULATION AND [PROPOSED] ORDER REGARDING LEAD CASE NO. 3:16-CV-05312-RS 

CASE SCHEDULE AND TEMPORARY STAY OF ACTION

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Plaintiffs Bernard Stern, Peter Moscone, and Melvin Brenner (collectively, "Plaintiffs"), 

defendants Thomas H. Werner, Charles D. Boynton, Bernard Clément, Ladislas Paszkiewicz, 

Daniel Lauré, Catherine A. Lesjak, Thomas R. McDaniel, Pat Wood III, Arnaud Chaperon, Denis 

Giorno, Jean-Marc Otero del Val, and Humbert de Wendel (the "Individual Defendants"), and 

nominal defendant SunPower Corporation ("SunPower" and, collectively with the Individual 

Defendants, "Defendants"), by and through their undersigned counsel, hereby stipulate as follows: 

WHEREAS, Plaintiffs filed separate shareholder derivative actions on behalf of SunPower 

and against the Individual Defendants in this Court between September 16 and October 17, 2016; 

WHEREAS, Plaintiffs and Defendants (together, the "Parties") stipulated to the 

consolidation of Plaintiffs' derivative actions (the "Consolidated Action") and the appointment of 

lead counsel, which was approved and entered by the Court on November 15, 2016 (the 

"Consolidation Order"); 

WHEREAS, the Consolidation Order provides, among other things, that the Parties would 

meet and confer regarding a schedule for the Consolidated Action, including the filing of a 

consolidated complaint or designation of an operative complaint by Plaintiffs; 

WHEREAS, there are two securities fraud class actions brought on behalf of a putative class 

of SunPower shareholders and asserting claims arising from facts common to the Consolidated 

Action currently pending in this Court captioned Bristow v. SunPower Corp., et al., Case No. 3:16-

cv-04710-RS and Patel v. SunPower Corp., et al., Case No. 3:16-cv-04915-RS (collectively, the 

"Securities Action"); 

WHEREAS, on December 9, 2016, this Court entered an order consolidating the related 

Securities Action and appointing lead plaintiff and lead counsel; 

WHEREAS, it is anticipated that lead plaintiff will file a consolidated complaint in the 

Securities Action and that defendants will file a motion to dismiss the consolidated complaint; 

WHEREAS, the Parties have been engaged in discussions regarding scheduling and the 

possible coordination of the Consolidated Action with the Securities Action; and 

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STIPULATION AND [PROPOSED] ORDER REGARDING LEAD CASE NO. 3:16-CV-05312-RS 

CASE SCHEDULE AND TEMPORARY STAY OF ACTION

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WHEREAS, the Parties agree that, given the unique circumstances of this Consolidated 

Action and the factually related Securities Action, it is in the best interests of SunPower to 

temporarily stay this action pending resolution of the anticipated motion to dismiss in the related 

Securities Action; 

NOW THEREFORE, IT IS HEREBY STIPULATED AND AGREED by the Parties, 

through their respective counsel of record, as follows: 

1. Plaintiffs shall either file a consolidated complaint or designate a complaint as 

operative on or before January 13, 2017. 

2. Following the filing or designation of a complaint by Plaintiffs as described above, 

this Consolidated Action shall remain stayed pending resolution of the anticipated motion to dismiss 

in the Securities Action. 

3. Within thirty (30) days of entry of an order on the motion to dismiss in the Securities 

Action, the Parties shall submit a proposed schedule for further proceedings in this Consolidated 

Action. 

IT IS SO STIPULATED. 

Dated: December 13, 2016 ROBBINS ARROYO LLP 

s/ George C. Aguilar 

GEORGE C. AGUILAR 

Brian J. Robbins 

George C. Aguilar 

Ashley R. Rifkin

600 B Street, Suite 1900 

San Diego, CA 92101

Telephone: (619) 525-3990 

Facsimile: (619) 525-3991 

brobbins@robbinsarroyo.com

gaguilar@robbinsarroyo.com

arifkin@robbinsarroyo.com

Lead Counsel for Plaintiffs

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STIPULATION AND [PROPOSED] ORDER REGARDING LEAD CASE NO. 3:16-CV-05312-RS 

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Dated: December 13, 2016 WILSON SONSINI GOODRICH & ROSATI 

Professional Corporation

s/ Steven M. Schatz 

STEVEN M. SCHATZ 

Steven M. Schatz

Katherine L. Henderson

650 Page Mill Road

Palo Alto, CA 94304

Telephone: (650) 493-9300 

Facsimile: (650) 493-6811 

sschatz@wsgr.com

khenderson@wsgr.com 

Attorneys for Defendants SunPower Corporation, 

Thomas H. Werner, Charles D. Boynton, Bernard 

Clément, Ladislas Paszkiewicz, Daniel Lauré, 

Catherine A. Lesjak, Thomas R. Mcdaniel, Pat 

Wood III, Arnaud Chaperon, Denis Giorno, JeanMarc Otero del Val, and Humbert de Wendel 

I, George C. Aguilar, am the ECF User whose ID and password are being used to file this 

Stipulation and [Proposed] Order Regarding Case Schedule and Temporary Stay of Action. In 

compliance with Civil L.R. 5-1(i), I hereby attest that concurrence in the filing of this document has 

been obtained from each of the other signatories. 

s/ George C. Aguilar 

GEORGE C. AGUILAR 

PURSUANT TO STIPULATION, IT IS SO ORDERED. 

DATED: 

HONORABLE RICHARD SEEBORG 

UNITED STATES DISTRICT JUDGE 

12/13/16

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