Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-cand-3_04-cv-02401/USCOURTS-cand-3_04-cv-02401-4/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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LERACH COUGHLIN STOIA GELLER 

 RUDMAN & ROBBINS LLP 

WILLIAM S. LERACH (68581) 

JONAH H. GOLDSTEIN (193777) 

DAVID W. MITCHELL (199706) 

401 B Street, Suite 1600 

San Diego, CA 92101 

Telephone: 619/231-1058 

619/231-7423 (fax) 

Lead Counsel for Plaintiffs 

UNITED STATES DISTRICT COURT 

NORTHERN DISTRICT OF CALIFORNIA 

In re BUSINESS OBJECTS S.A SECURITIES 

LITIGATION

This Document Relates To: 

ALL ACTIONS. 

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Master File No. C-04-2401-MJJ 

CLASS ACTION

STIPULATION OF VOLUNTARY 

DISMISSAL AND [PROPOSED] ORDER 

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STIP OF VOLUNTARY DISMISSAL AND [PROPOSED] ORDER - C-04-2401-MJJ - 1 -

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THE PARTIES, BY AND THROUGH THEIR COUNSEL OF RECORD, stipulate as 

follows: 

WHEREAS, on January 7, 2005, plaintiff City of Pontiac Policeman’s and Fireman’s 

Retirement System filed the Consolidated Complaint for Violations of Federal Securities Laws (the 

“Complaint”) in this action against Business Objects S.A., Bernard Liautaud, James Tolonen and 

John Olsen (collectively “defendants”); 

WHEREAS, plaintiff and its counsel have decided to voluntarily dismiss this action with 

prejudice; 

WHEREAS, defendants stipulate to this dismissal; 

WHEREAS, the matter has not been certified as a class action and the Court dismissed 

plaintiffs’ Complaint by Order of July 27, 2005; 

WHEREAS, under Fed. R. Civ. P. 41(a)(1), plaintiff is entitled to dismiss this action upon 

stipulation of the parties: “Subject to the provisions of Rule 23(e), of Rule 66, and of any statute of 

the United States, an action may be dismissed by the plaintiff without order of the court . . . (ii) by 

filing a stipulation of dismissal signed by all parties who have appeared in the action”; 

WHEREAS, since this case involves a putative class action, this Court has an obligation, 

under Fed. R. Civ. P. 23(e), to ensure that the rights of the absent putative class members are not 

prejudiced; 

WHEREAS, the principal purpose of Fed. R. Civ. P. 23(e) is to prevent defendants from 

paying consideration to the named plaintiff in return for the dismissal of the action without 

consideration being paid to absent putative class members. See Diaz v. Trust Territory of Pac. 

Islands, 876 F.2d 1401, 1408-11 (9th Cir. 1989). No such danger exists here, as neither plaintiff nor 

counsel has received or will receive any consideration for dismissal; 

WHEREAS, because a class has not been certified, no prejudice to absent putative class 

members will result from dismissal of the Complaint; and 

IT IS HEREBY STIPULATED AND AGREED, by and through the parties’ respective 

counsel, and subject to the Court’s approval, that this action shall be dismissed under the following 

terms and conditions: 

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1. The parties agree that plaintiff will dismiss his claims with prejudice, under Fed. R. 

Civ. P. 41(a), and this dismissal is with prejudice only as to plaintiff City of Pontiac Policeman’s and 

Fireman’s Retirement System. 

2. No party will contend that the other party (or its counsel) has violated Fed. R. Civ. P. 

11 in connection with this matter. The parties agree to bear their own costs in connection with this 

matter, and no party or their counsel shall seek reimbursement from or pursue any action or claim 

against any other party or their counsel for any fees, costs, expenses, damages or otherwise of any 

sort in connection with the filing, prosecution, defense or dismissal of this action or the events that 

are the subject of this action and that the parties and their counsel finally and forever release, 

relinquish and discharge each other for all claims (including unknown claims), arising out of, in any 

way relating to, or in connection with the institution, prosecution, assertion or resolution of this case. 

IT IS SO STIPULATED. 

DATED: September 8, 2005 LERACH COUGHLIN STOIA GELLER 

 RUDMAN & ROBBINS LLP 

WILLIAM S. LERACH 

JONAH H. GOLDSTEIN 

DAVID W. MITCHELL 

/s/ Jonah H. Goldstein 

JONAH H. GOLDSTEIN 

401 B Street, Suite 1600 

San Diego, CA 92101 

Telephone: 619/231-1058 

619/231-7423 (fax) 

Lead Counsel for Plaintiffs 

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STIP OF VOLUNTARY DISMISSAL AND [PROPOSED] ORDER - C-04-2401-MJJ - 3 -

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DATED: September 8, 2005 WILSON SONSINI GOODRICH & ROSATI, 

P.C.

DOUGLAS CLARK 

lsl Douglas J. Clark

DOUGLAS J. CLARK 

650 Page Mill Road 

Palo Alto, CA 94304-1050 

Telephone: 650/493-9300 

650/493-6811 (fax) 

Attorneys for Defendants BUSINESS OBJECTS 

S.A., BERNARD LIAUTAUD, JOHN OLSEN 

and JIM TOLONEN 

I, Jonah H. Goldstein, am filing this Stipulation of Voluntary Dismissal and [Proposed] 

Order. In compliance with General Order 45.X.B, I hereby attest that Douglas J. Clark has 

concurred in this filing. 

 LERACH COUGHLIN STOIA GELLER 

 RUDMAN & ROBBINS LLP 

/s/ Jonah H. Goldstein 

JONAH H. GOLDSTEIN 

* * * 

O R D E R 

Pursuant to the parties’ stipulation, the above-captioned matter is dismissed with prejudice. 

IT IS SO ORDERED. 

DATED: _________________________ 

THE HONORABLE MARTIN J. JENKINS 

UNITED STATES DISTRICT JUDGE 

S:\CasesSD\Business Objects\STP00023960.doc 

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