Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-cand-3_07-cv-03360/USCOURTS-cand-3_07-cv-03360-2/pdf.json

Nature of Suit Code: 850
Nature of Suit: Securities, Commodities, Exchange
Cause of Action: 09:0010 Petition to Vacate Arbitration Award

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ST ANLEY G. HILTON, SBN 65990

LA W OFFICES OF STANLEY G. HILTON

2 ST A VROS3589~ao1.com

580 Califomia Street

3 San Francisco, Califomia 94104

Telephone: (415) 786-4821

4 Facsimile: (415) 439-4963

5 Attomeys for Plaintiff REGINA JIMENEZ

6 GIBSON, DUN & CRUTCHER LLP

ETHAN D. DETTMER, SBN 196046

7 EDettmer~gibsondunn.com

One Montgomery Street

8 San Francisco, Califomia 94104

Telephone: (415) 393-8200

9 Facsimile: (415) 986-5309

10 Attomeys for Defendant FINANCIAL INDUSTRY

REGULATORY AUTHORITY, INe. f/k/a

11 NATIONAL ASSOCIATION

OF SECURITIES DEALERS, INe.

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EDGERTON AND WEAVER LLP

13 SAMUEL Y. EDGERTON III, SBN 127156

SEdgerton~edgertonweaver.com

14 2615 Pacific Coast Hwy., Suite 300

Hermosa Beach, Califomia 90254

15 Telephone: (310) 937-2066

Facsimile: (310) 937-2064

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Attomeys for Defendants LA WRENCE IRA PROZAN

17 DBA PROZAN FINANCIAL SERVICES,

MULTI-FINANCIAL SECURITIES CORP.

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UNITED STATES DISTRICT COURT

FOR THE NORTHERN DISTRICT OF CALIFORNIA

SAN FRANCISCO DIVISION

REGINA JIMENEZ, CASE NO. 07-03360-MJJ

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Plaintiff, JOINT STATUS STATEMENT,

STIPULATION AND

(PROPOSED) SCHEDULING ORDER

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v.

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NATIONAL ASSOCIATION OF SECURITIES

DEALERS, LAWRENCE IRA PROZAN DBA

PROZAN FINANCIAL SERVICES, MULTIFINANCIAL SECURITIES CORP.,

Defendants.

Gibson, Dunn &

Crutcher LLP 1

JOINT STATUS STATEMENT, STIPULATION AND (PROPOSED) ORDER Case No. C 0703360 MJJ

Case 3:07-cv-03360-JSW Document 8 Filed 10/11/07 Page 1 of 5
Gibson, Dunn &

Crutcher LLP

1 This Court entered an "Order re Status Statement" on October 1, 2007 (dkt. # 6) directing the

2 parties to "file a joint statement detailing the current status of this action." Ibid. (emphasis omitted).

3 The parties hereby file this statement pursuant to that Order.

4 On July 30,2007, the parties to this matter, plaintiff Regina Jimenez, defendant Financial

5 Industry Regulatory Authority, Inc., formerly known as National Association of Securities Dealers,

6 Inc. ("NASD")l, and defendants Lawrence Ira Prozan DBA Prozan Financial Services and Multi7 Financial Securities Corporation (together, "Multi-Financial") (NASD and Multi-Financial are

8 referred to collectively herein as "Defendants"), entered into a stipulation agreeing to the following:

9 1 ) Ms. Jimenez wanted to amend her original complaint in this matter because

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a final arbitration award was entered in the underlying arbitration, after her

original complaint was filed.

12 2) The Defendants' responses to Ms. Jimenez's original complaint were not yet

13 due to be filed with the Court in the instant case.

14 3) Because Ms. Jimenez and the Defendants wished to avoid unnecessary

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expense and inconvenience, the Defendants did not need to answer or

otherwise respond to Ms. Jimenez's original complaint, and could instead

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respond solely to any amended complaint that Ms. Jimenez may fie.

4) Ms. Jimenez agreed to file and serve her amended complaint in this matter,

if any, on or before August 10, 2007.

5) The Defendants would answer or otherwise respond to Ms. Jimenez's

21 amended complaint (if any) on or before September 7, 2007.

22 Based on the parties' stipulation to the above matters, the Court entered the stipulation as an

23 Order of the Court on August 4,2007 (dkt. #4). As of the date of this filing, Ms. Jimenez has not

24 filed an amended complaint.

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On July 30,2007, NASD changed its name to Financial Industry Regulatory Authority, Inc.

For ease of reference, this statement continues to use the name "NASD."

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JOINT STATUS STATEMENT, STIPULATION AND (PROPOSED) ORDER Case No. C 07 03360 MJJ

Case 3:07-cv-03360-JSW Document 8 Filed 10/11/07 Page 2 of 5
Gibson, Dunn &

Crutcher LLP

1 Ms. Jimenez nevertheless still desires to file an amended complaint, and in light of this, the

2 parties stipulate as follows, and respectfully request that the Court enter an Order accordingly:

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1 ) Ms. Jimenez may fie her amended complaint in this matter, if any, on or

before October 22,2007.

2) If Ms. Jimenez does file a timely amended complaint, Defendants may

answer or otherwise respond on or before November 19, 2007.

3) If Ms. Jimenez fails to file a timely amended complaint, this matter will be

dismissed, with prejudice, and the Court's file closed.

All scheduled Court dates and deadlines in this matter, with the exception

of the scheduled Case Management Conference, should be vacated until

such time that Defendants' motions to dismiss are heard and decided.

4)

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5) Counsel for Multi-Financial has a jury trial scheduled to proceed on

October 30, 2007, the date on which the Court has set the Case

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Management Conference, and through the following week. Thus the

parties respectfully request that the Case Management Conference be

16 rescheduled for a date during the week of November 12, 2007.

17 SO STIPULATED.

18 DATED: October _,2007

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LAW OFFICES OF STANLEY G. HILTON

By:

Stanley G. Hilton

21 Attomeys for Plaintiff REGINA JIMENEZ

22 DATED: October 9, 2007 GIBSON, DUN & CRUTCHER LLP

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By: Isl

Ethan D. Dettmer

25 Attomeys for Defendant NATIONAL ASSOCIATION

OF SECURITIES DEALERS, INe.

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JOINT STATUS STATEMENT, STIPULATION AND (PROPOSED) ORDER Case No. C 07 03360 MJJ

including the on Oct. 30, 2007

Case 3:07-cv-03360-JSW Document 8 Filed 10/11/07 Page 3 of 5
OCT -8-2007 10: 26A FROM:

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TO: 14159865309 P.3

Ms. Jimenez neverteless still desires to fie an amended complaint, and in light ofthis~ the

2 paries stipulate as follows, and respectflly reuest that the Court enter an Order accordingly:

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1) Ms. Jimenez may fie her amended complaint in this matter, ¡fany, on or

before October 22, 2007.

i f Ms. Jimenez does fie a timely amended complaintt Defendants may

answer or otherwise respond on or before November 19, 2007.

If Ms. Jimenez fails to file a timely amended complaint, this matter wil be

dismissed, with prejudice, and the Court's fie closed.

\il 'Si:hei.ultd Court i.atts and deadlines in this matter, with the exception

2)

3)

4)

,)fh: schcouleJ (asc rvlanageinent Conference, should be vacated until

-;Utii tim: that Dct~ndants motions to dismiss are heard and decided.

:i ) ';oU/lsellm Mulii-hnuni:ial has uJury LrÍal schedult:d to proceed on

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')ctùber 3t'. 200~. the date on which the Court has set the Case

V1li1i_1gell(nt c.Jntcrencc. and through the following week. Thus the

ia\tí~s tl...I),:cUìJlh rCLJu~M that the Case Management Conference be

-c~.\.:I,cdl'¡I',J fi.ir ~ .hut d~nint' th~ week of "November 12.2007.

SO STIP( I ., I .

DATED: October~ "-1'7

B)__

22 DATED: Ol;iobei .':,17

'\ITÜrJiçy.. fix Plaintiff REGINA JIMENEZ

GInc;ON. D1NN & CRUTCHER LLP

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B~: ___ .._____..

Ethan D. Dettmer

Attorn.:ys for DetCndant NATIONAL ASSOCIATION

or SECURITIES DEALERS, 1NC.

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10/08/2007 MON 11:33 (TX/RX NO 7259)

Case 3:07-cv-03360-JSW Document 8 Filed 10/11/07 Page 4 of 5
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Gibson. Dunn &

Crutcher LLP

1 DATED: October K-, 2007

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EDGERTON AND WEAVERLLP

,/)¡

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By:

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Attolleys for Defendants LAWRENCE RA PROZAN

DBA PROZAN FINANCIAL SER VICES,

MULTI-FINANCIAL SECURTIES CORP.

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9 PURSUANT TO STIPULATION, IT is SO ORDERED.

10 DATED:

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,2007

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The Honorable Martin 1. Jenkins

United States District Judge

1003 i 2593 JOOC

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JOINT STATUS STATEMENT, STIPULATION AND (PROPOSED) ORDER Case No. C 07 03360 MJJ

UNITED STATES DISTRICT COURT

NORTHERN DISTRICT OF CALIFORN

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A

Judge Martin J. Jenkins

10/11

Case 3:07-cv-03360-JSW Document 8 Filed 10/11/07 Page 5 of 5