Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-cand-4_16-cv-00892/USCOURTS-cand-4_16-cv-00892-1/pdf.json

Nature of Suit Code: 160
Nature of Suit: Stockholder's Suits
Cause of Action: 28:1332 Diversity-Breach of Fiduciary Duty

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STIPULATION AND [PROPOSED] ORDER CONSOLIDATING 

DERIVATIVE ACTIONS, APPOINTING LEAD COUNSEL FOR 

PLAINTIFFS, AND STAYING PROCEEDINGS

Case No. 5:16-CV-00892-YGR

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JOHNSON & WEAVER, LLP

FRANK J. JOHNSON (174882)

frankj@johnsonandweaver.com

600 West Broadway, Suite 1540

San Diego, CA 92101

Telephone: (619) 230-0063

Facsimile: (619) 255-1856

Attorneys for Plaintiff Arthur Goldstein

[Additional counsel appear on signature page]

UNITED STATES DISTRICT COURT

NORTHERN DISTRICT OF CALIFORNIA

SHELDON SCHWARTZ Derivatively On 

Behalf of NIMBLE STORAGE

Plaintiff,

v.

SURESH VASUDEVAN, VARUN MEHTA,

FRANK CALDERONI, JAMES J. GOETZ, 

WILLIAM D. JENKINS, JR., JERRY M. 

KENNELLY, PING LI, WILLIAM J. 

SCHROEDER, ANUP V. SINGH, DANIEL T. 

LEARY, UMESH MAHESHWARI,

Defendants,

-andNIMBLE STORAGE, INC., a Delaware 

corporation,

Nominal Defendant.

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Case No. 5:16-CV-00892-YGR

STIPULATION AND [PROPOSED] 

ORDER CONSOLIDATING 

DERIVATIVE ACTIONS, APPOINTING 

LEAD COUNSEL FOR PLAINTIFFS, 

AND STAYING PROCEEDINGS

Filed: February 23, 2016

[Caption continued on next page.]

Case 4:16-cv-00892-YGR Document 18 Filed 06/14/16 Page 1 of 9
STIPULATION AND [PROPOSED] ORDER CONSOLIDATING 

DERIVATIVE ACTIONS, APPOINTING LEAD COUNSEL FOR 

PLAINTIFFS, AND STAYING PROCEEDINGS

Case No. 5:16-CV-00892-YGR

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ARTHUR GOLDSTEIN, derivatively and on 

behalf of NIMBLE STORAGE, INC.,

Plaintiff,

v.

SURESH VASUDEVAN, ANUP V. SINGH, 

FRANK CALDERONI, JAMES J. GOETZ, 

WILLIAM D. JENKINS, JR., JERRY M. 

KENNELLY, PING LI, VARUN MEHTA, 

WILLIAM J. SCHROEDER, DANIEL T. 

LEARY and UMESH MAHESHWARI,

Defendants,

-andNIMBLE STORAGE, INC., a Delaware 

corporation,

Nominal Defendant.

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Case No. 5:16-CV-02238-YGR

Filed: April 26, 2016

Case 4:16-cv-00892-YGR Document 18 Filed 06/14/16 Page 2 of 9
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STIPULATION AND [PROPOSED] ORDER CONSOLIDATING 

DERIVATIVE ACTIONS, APPOINTING LEAD COUNSEL FOR 

PLAINTIFFS, AND STAYING PROCEEDINGS

Case No. 5:16-CV-00892-YGR

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WHEREAS, there are presently two shareholder derivative actions currently pending in 

this district against the Individual Defendants,1 who are certain current and former directors and 

officers of nominal defendant Nimble Storage, Inc. (“Nimble”) (Nimble, together with the 

Individual Defendants, being collectively referred to herein as “Defendants”): Schwartz v. 

Vasudevan, et al., Case No. 5:16-cv-00892-YGR; and Goldstein v. Vasudevan, et al., Case 

No. 5:16-CV-02238-YGR (together, the “Derivative Actions”);

WHEREAS, three putative class actions alleging violations of the federal securities laws 

filed against Nimble and certain Nimble officers were also filed and are pending in this district:

Vikramkumar v. Nimble Storage, Inc., et al., Case No. 4:15-cv-05803-YGR; Guardino v. Nimble 

Storage, Inc., et al, Case No. 3:15-cv-05991-YGR; and Madhani v. Nimble Storage, Inc., et al., 

Case No. 4:16-cv-00629-YGR (collectively, “the Securities Class Action”);

WHEREAS, on March 28, 2016, the Court entered an “Order Granting Arkansas Teacher 

Retirement System’s Motion for Consolidation, Appointment as Lead Plaintiff, and Approval of 

Selection of Counsel” (Doc. No. 69); 

WHEREAS, on May 12, 2016, the Court entered a Related Case Order in the Securities 

Class Action (Doc. No. 84), relating and reassigning the Schwartz Action and the Securities Class 

Action to this Court;

WHEREAS, on May 16, 2016, the Court entered a Related Case Order in the Securities 

Class Action (Doc. No. 88), relating and reassigning the Goldstein Action and the Securities Class 

Action to this Court;

WHEREAS, while the Derivative Actions assert different claims for liability, they 

involve some of the same parties and factual allegations as the Securities Class Action;

WHEREAS, defendants named in the Securities Class Action plan to file a motion to 

dismiss the Securities Class Action;

 

1 The “Individual Defendants” include Suresh Vasudevan, Varun Mehta, Frank Calderoni, 

James J. Goetz, William D. Jenkins, Jr., Jerry M. Kennelly, Ping Li, William J. Schroeder, 

Anup V. Singh, Daniel T. Leary, and Umesh Maheshwari.

Case 4:16-cv-00892-YGR Document 18 Filed 06/14/16 Page 3 of 9
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STIPULATION AND [PROPOSED] ORDER CONSOLIDATING 

DERIVATIVE ACTIONS, APPOINTING LEAD COUNSEL FOR 

PLAINTIFFS, AND STAYING PROCEEDINGS

Case No. 5:16-CV-00892-YGR

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WHEREAS, in an effort to assure consistent rulings and decisions and the avoidance of 

unnecessary duplication of effort, the undersigned counsel for the parties submit this renewed 

stipulation to consolidate the Derivative Actions; 

WHEREAS, Johnson & Weaver, LLP and Lifshitz & Miller seek to be designated as

Lead Counsel in the Derivative Actions, once consolidated, and Defendants take no position with 

respect to such designation; and

WHEREAS, based upon the circumstances unique to this case, and to avoid the 

unnecessary expenditure of judicial resources before resolution of the anticipated motion to 

dismiss the Securities Class Action, the parties to this action have further agreed, subject to this 

Court’s approval, to stay the consolidated action, including motions practice and discovery, in a 

manner substantially similar to the Order Regarding Response to Complaint and Stay of 

Litigation entered in the Schwartz Action on April 20, 2016.

WHEREFORE, the parties, through their undersigned counsel, hereby agree, stipulate, 

and respectfully request that the Court enter an Order as follows:

1. The following actions shall be consolidated for all purposes, including pre-trial 

proceedings and trial, into one action (the “Consolidated Derivative Action”):2

Case Name Case No. Filing Date

Schwartz v. Vasudevan, et al. 5:16-CV-00892-YGR February 23, 2016

Goldstein v. Vasudevan, et al. 5:16-CV-02238-YGR April 26, 2016

2. Every pleading filed in the Consolidated Derivative Action, or in any separate 

action included herein, must bear the following caption: 

 

2 For clarity, the Securities Class Action should not be consolidated with the Derivative Actions. 

While the actions are related under Civil Local Rule 3-12, they are not suitable for consolidation 

because, among other reasons, the Securities Class Action alleges violations of the federal 

securities laws against Nimble, whereas the Derivative Actions bring claims purportedly on 

behalf of Nimble. 

Case 4:16-cv-00892-YGR Document 18 Filed 06/14/16 Page 4 of 9
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STIPULATION AND [PROPOSED] ORDER CONSOLIDATING 

DERIVATIVE ACTIONS, APPOINTING LEAD COUNSEL FOR 

PLAINTIFFS, AND STAYING PROCEEDINGS

Case No. 5:16-CV-00892-YGR

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UNITED STATES DISTRICT COURT

NORTHERN DISTRICT OF CALIFORNIA

IN RE NIMBLE STORAGE, INC. 

DERIVATIVE LITIGATION,

This Document Relates To:

 ALL ACTIONS. 

 

Lead Case No.: 5:16-cv-00892-YGR

(Derivative Action)

3. The files of the Consolidated Derivative Action will be maintained in one file 

under Lead Case No.: 5:16-cv-00892-YGR.

4. Lead Counsel for plaintiffs for the conduct of the Consolidated Derivative Action 

is designated as follows: 

JOHNSON & WEAVER, LLP

FRANK J. JOHNSON

600 West Broadway, Suite 1540

San Diego, CA 92101

Telephone: (619) 230-0063

Facsimile: (619) 255-1856

-andLIFSHITZ & MILLER

JOSHUA M. LIFSHITZ

821 Franklin Ave., Suite 209

Garden City, NY 11530

Telephone: (516) 493-9780

Facsimile: (516) 280-7376

5. The parties agree that plaintiffs’ Lead Counsel has authority to speak for plaintiffs 

in matters regarding pre-trial procedure, trial, and settlement negotiations and shall make all work 

assignments in such manner as to facilitate the orderly and efficient prosecution of this litigation 

and to avoid duplicative or unproductive effort.

6. The parties agree that plaintiffs’ Lead Counsel will be responsible for coordinating 

all activities and appearances on behalf of plaintiffs and for the dissemination of notices and 

orders of this Court. The parties further agree that no motion, request for discovery, or other pretrial or trial proceedings will be initiated or filed by any plaintiffs except through plaintiffs’ Lead 

Counsel. 

Case 4:16-cv-00892-YGR Document 18 Filed 06/14/16 Page 5 of 9
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STIPULATION AND [PROPOSED] ORDER CONSOLIDATING 

DERIVATIVE ACTIONS, APPOINTING LEAD COUNSEL FOR 

PLAINTIFFS, AND STAYING PROCEEDINGS

Case No. 5:16-CV-00892-YGR

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7. The parties agree that Defendants’ counsel may rely upon all agreements made 

with plaintiffs’ Lead Counsel, or other duly authorized representative of plaintiffs’ Lead Counsel, 

and such agreements will be binding on plaintiffs.

8. This Order shall apply to each purported derivative action arising out of the same 

or substantially the same transactions or events as the Nimble Derivative Actions, which is 

subsequently filed in, removed to, or transferred to this Court.

9. When a case that properly belongs as part of the Consolidated Derivative Action is 

hereafter filed in this Court or transferred here from another court, counsel shall promptly call to 

the attention of the Clerk of the Court the filing or transfer of any case that might properly be 

consolidated as part of the Consolidated Derivative Action.

10. The parties agree to stay the Consolidated Derivative Action until the earlier of

either of the following events: (i) the Securities Class Action is dismissed with prejudice; or 

(ii) Defendants file an answer in the Securities Class Action.

11. Defendants shall have no obligation to respond to the complaints filed in either of 

the Derivative Actions so long as the case remains stayed.

12. In the event that any discovery is provided or produced by Defendants to plaintiffs

in any related derivative action purportedly brought on behalf of Nimble arising from similar facts 

as the instant action, Defendants will at or about the same time notice plaintiffs and provide

copies of that discovery to plaintiffs in the Consolidated Derivative Action, provided that the 

parties have executed and the Court has entered a protective order.

13. Plaintiffs will have thirty (30) days from when the Securities Class Action is 

dismissed with prejudice or Defendants file an answer in the Securities Class Action to enter into 

a stipulation with Defendants and/or seek leave to file an amended derivative complaint or, in the 

alternative, designate an operative complaint. Defendants will answer, move against, or

otherwise respond to the amended derivative complaint or the designated operative complaint as 

the case may be within forty-five (45) days after plaintiffs file an amended derivative complaint 

or designate an operative complaint. 

Case 4:16-cv-00892-YGR Document 18 Filed 06/14/16 Page 6 of 9
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STIPULATION AND [PROPOSED] ORDER CONSOLIDATING 

DERIVATIVE ACTIONS, APPOINTING LEAD COUNSEL FOR 

PLAINTIFFS, AND STAYING PROCEEDINGS

Case No. 5:16-CV-00892-YGR

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14. Defendants shall notify Lead Counsel for plaintiffs in the Consolidated Derivative 

Action of any formal settlement meetings, mediations, or settlement conferences that might be 

held in any currently filed, subsequently filed, or threatened derivative actions that are based on 

the same or substantially similar allegations as made in the Consolidated Derivative Action.

15. By entering into this stipulation, the parties do not waive any rights or defenses, 

procedural or otherwise, not specifically addressed herein, and reserve their respective rights to 

file any application, request or motion with the Court they deem appropriate once this case is no 

longer deferred.

16. At any time during which the prosecution of this Consolidated Derivative Action is 

stayed pursuant to the Order, any party may file a motion with the Court seeking to modify the 

terms of the Order, which may be opposed by any other party.

IT IS SO STIPULATED. 

Dated: June 10, 2016 JOHNSON & WEAVER, LLP

FRANK J. JOHNSON

By: /s/Frank J. Johnson

FRANK J. JOHNSON

600 West Broadway, Suite 1540

San Diego, CA 92101

Telephone: (619) 230-0063

Facsimile: (619) 255-1856

frankj@johnsonandweaver.com

Attorneys for Plaintiff Arthur Goldstein

Case 4:16-cv-00892-YGR Document 18 Filed 06/14/16 Page 7 of 9
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STIPULATION AND [PROPOSED] ORDER CONSOLIDATING 

DERIVATIVE ACTIONS, APPOINTING LEAD COUNSEL FOR 

PLAINTIFFS, AND STAYING PROCEEDINGS

Case No. 5:16-CV-00892-YGR

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Dated: June 10, 2016 REICH RADCLIFFE & KUTTLER LLP

MARC G. REICH

ADAM T. HOOVER

By: /s/ Marc G. Reich

MARC G. REICH

4675 MacArthur Court, Suite 550

Newport Beach, CA 92660

Phone: (949) 975-0512

Facsimile: (949) 208-2839

mgr@reichradcliffe.com

adhoover@reichradcliffe.com

LIFSHITZ & MILLER

JOSHUA M. LIFSHITZ

821 Franklin Ave., Suite 209

Garden City, NY 11530

Telephone: (516) 493-9780

Facsimile: (516) 280-7376

Attorneys for Plaintiff Sheldon Schwartz

Dated: June 10, 2016 FENWICK & WEST LLP

FELIX S. LEE

MICHAEL DAVIS-WILSON

DEBORAH KANG

By: /s/ Felix S. Lee

FELIX S. LEE

Silicon Valley Center

801 California Street

Mountain View, CA 94041

Telephone: (650) 988-8500

Facsimile: (650) 938-5200

flee@fenwick.com

mdaviswilson@fenwick.com

dkang@fenwick.com

FENWICK & WEST

SUSAN S. MUCK

MICHAEL S. DICKE

555 California Street, 12th Floor

San Francisco, CA 94104

Telephone: (415) 875-2300

Facsimile: (415) 281-1350

smuck@fenwick.com

mdicke@fenwick.com

Attorneys for Defendants

Case 4:16-cv-00892-YGR Document 18 Filed 06/14/16 Page 8 of 9
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STIPULATION AND [PROPOSED] ORDER CONSOLIDATING 

DERIVATIVE ACTIONS, APPOINTING LEAD COUNSEL FOR 

PLAINTIFFS, AND STAYING PROCEEDINGS

Case No. 5:16-CV-00892-YGR

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SIGNATURE ATTESTATION

I am the ECF user whose identification and password are being used to file the foregoing 

Joint Stipulation and Proposed Order Temporarily Deferring Prosecution of Derivative Action. In 

compliance with Local Rule 5-1(i)(3), I hereby attest that concurrence in the filing of this 

document has been obtained.

Dated: June 10, 2016 /s/ Frank J. Johnson

Frank J. Johnson

PURSUANT TO STIPULATION, IT IS SO ORDERED.

Dated: June , 2016

HON. YVONNE GONZALEZ ROGERS

UNITED STATES DISTRICT JUDGE

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Case 4:16-cv-00892-YGR Document 18 Filed 06/14/16 Page 9 of 9