Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-cand-5_04-cv-04802/USCOURTS-cand-5_04-cv-04802-1/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 

AZRA Z. MEHDI (220406) 

MONIQUE C. WINKLER (213031) 

SHANA E. SCARLETT (217895) 

100 Pine Street, Suite 2600 

San Francisco, CA 94111 

Telephone: 415/288-4545 

415/288-4534 (fax) 

– and – 

WILLIAM S. LERACH (68581) 

401 B Street, Suite 1600 

San Diego, CA 92101 

Telephone: 619/231-1058 

619/231-7423 (fax) 

Lead Counsel for Plaintiff 

UNITED STATES DISTRICT COURT 

NORTHERN DISTRICT OF CALIFORNIA 

SAN JOSE DIVISION 

In re IMPAX LABORATORIES, INC. 

SECURITIES LITIGATION 

This Document Relates To: 

ALL ACTIONS. 

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Master File No. C-04-4802-JW 

CLASS ACTION

STIPULATION AND [PROPOSED] ORDER 

REGARDING FILING THE FIRST 

AMENDED COMPLAINT 

U

NITED STATES DISTRICT COURT

NORTHERN DISTRICT OF CALIFORNIA

IT IS SO ORDERED

Judge James Ware

Case 5:04-cv-04802-JW Document 55 Filed 09/02/05 Page 1 of 6
STIP AND [PROPOSED] ORDER RE FILING THE FIRST AMENDED COMPLAINT - C-04-4802-JW - 1 -

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WHEREAS, lead plaintiff United Food & Commercial Workers Union Local 655, AFL-CIO, 

Food Employers Joint Pension Plan filed a Consolidated Complaint for Violation of Sections 10(b) 

and 20(a) of the Securities Exchange Act of 1934 (“Complaint”) on June 7, 2005; 

WHEREAS, defendants moved to dismiss the Complaint on July 27, 2005; 

WHEREAS, the last day for lead plaintiff to oppose defendants’ motion to dismiss is on or 

before September 9, 2005; 

WHEREAS, since the filing of the Complaint and defendants’ motion to dismiss, new facts 

have come to light which lead plaintiff wishes to add to its current complaint, including among other 

things: (a) a press release issued on June 20, 2005 regarding Impax Laboratories, Inc.’s (“Impax”) 

intent to increase its credit facility; (b) a press release issued on June 27, 2005 that Impax had 

privately placed $75 million of 3.5% senior subordinated convertible debentures, with the proceeds 

used to repay Impax’s 1.250% convertible senior subordinated debentures; (c) a press release issued 

on August 3, 2005, providing additional details on Impax’s restatement, its ongoing delays in filing 

its quarterly and annual filings with the Securities and Exchange Commission (“SEC”), its request 

for advice from the Office of the Chief Accountant of the SEC regarding Impax’s revenue 

recognition policies; and (d) a press release issued on August 5, 2005 regarding Impax’s delisting 

from the National Association of Securities Dealers Automated Quotation System Stock Exchange; 

WHEREAS upon learning of these new facts, in the interest of conserving resources of the 

parties and the Court, rather than engage in futile briefing on existing motions to dismiss, lead 

plaintiff requested and defendants agreed to stipulate to the filing of an amended complaint; and 

WHEREAS in the interests of efficiency, the parties have agreed that lead plaintiff will not 

file its opposition to the motion to dismiss the Complaint on September 9, 2005, but will instead file 

the First Amended Complaint which shall serve as the operative complaint in this litigation. 

IT IS STIPULATED AND AGREED, pursuant to Rule 6(b) of the Federal Rules of Civil 

Procedure, Civil L.R. 6-1(b), and Civil L.R. 6-2, by the parties through their undersigned counsel of 

record as follows: 

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1. Given the additional allegations to be added to the First Amended Complaint, 

defendants will have a total of 30 pages for their motion to dismiss, and lead plaintiff will have a 

total of 30 pages in opposing the motion to dismiss. 

2. Lead plaintiff will not file its opposition to the motion to dismiss the Complaint on 

September 9, 2005. 

3. Lead plaintiff will file the First Amended Complaint on or before September 9, 2005. 

4. Defendants will file their motion to dismiss on or before October 7, 2005. 

5. Lead plaintiff will file its opposition to defendants’ motion to dismiss on or before 

November 4, 2005. 

6. Defendants will file their reply to lead plaintiff’s opposition to motion to dismiss on 

or before November 29, 2005. 

7. The hearing on defendants’ motion to dismiss, scheduled for October 31, 2005 at 9:00 

a.m., and the Case Management Conference set for October 31, 2005 at 10:00 a.m. will now be 

scheduled for December 12, 2005 at 9:00 a.m., or any other date convenient to the Court. 

8. The parties agree that any further amendments to the First Amended Complaint will 

be upon leave of or pursuant to Court order. 

IT IS SO STIPULATED. 

DATED: September 2, 2005 LERACH COUGHLIN STOIA GELLER 

 RUDMAN & ROBBINS LLP 

AZRA Z. MEHDI 

MONIQUE C. WINKLER 

SHANA E. SCARLETT 

/ S / 

SHANA E. SCARLETT 

100 Pine Street, Suite 2600 

San Francisco, CA 94111 

Telephone: 415/288-4545 

415/288-4534 (fax) 

Case 5:04-cv-04802-JW Document 55 Filed 09/02/05 Page 3 of 6
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LERACH COUGHLIN STOIA GELLER 

 RUDMAN & ROBBINS LLP 

WILLIAM S. LERACH 

401 B Street, Suite 1600 

San Diego, CA 92101 

Telephone: 619/231-1058 

619/231-7423 (fax) 

Lead Counsel for Plaintiff 

DATED: September 2, 2005 BLANK ROME LLP 

JOSEPH O. CLICK 

/ S / 

JOSEPH O. CLICK 

600 New Hampshire Ave. NW 

Washington, DC 20037 

Telephone: 202/772-5966 

202/572-8361 (fax) 

BINGHAM MCCUTCHEN LLP 

DALE BARNES 

Three Embarcadero Center 

San Francisco, CA 94111 

Telephone: 415/393-2522 

415/393-2286 (fax) 

Counsel for Defendants 

I, Shana Scarlett, am the ECF User whose ID and password are being used to file this 

Stipulation and [Proposed] Order Regarding Filing the First Amended Complaint. In compliance 

with General Order 45, X.B., I hereby attest that Joseph O. Click of Blank Rome LLP has concurred 

in this filing. 

* * * 

O R D E R 

PURSUANT TO STIPULATION, IT IS SO ORDERED. 

DATED: _________________________ 

THE HONORABLE JAMES WARE 

UNITED STATES DISTRICT JUDGE 

T:\CasesSF\IMPAX Labs\STP00023961.doc 

/s/ James Ware 9/02/05

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DECLARATION OF SERVICE BY MAIL AND FACSIMILE

I, the undersigned, declare: 

1. That declarant is and was, at all times herein mentioned, a citizen of the United States 

and employed in the City and County of San Francisco, over the age of 18 years, and not a party to 

or interested party in the within action; that declarant’s business address is 100 Pine Street, 

Suite 2600, San Francisco, California 94111. 

2. That on September 2, 2005, declarant served the STIPULATION AND 

[PROPOSED] ORDER REGARDING FILING THE FIRST AMENDED COMPLAINT by 

depositing a true copy thereof in a United States mailbox at San Francisco, California in a sealed 

envelope with postage thereon fully prepaid and addressed to the parties listed on the attached 

Service List. Declarant also served the parties by facsimile. 

3. That there is a regular communication by mail between the place of mailing and the 

places so addressed. 

I declare under penalty of perjury that the foregoing is true and correct. Executed this 2nd 

day of September, 2005, at San Francisco, California. 

/ S / 

MONINA O. GAMBOA 

Case 5:04-cv-04802-JW Document 55 Filed 09/02/05 Page 5 of 6
Service List - 9/1/2005

Page 1 of 1

(04-0553)

IMPAX LABS (LEAD)

Counsel For Defendant(s)

Dale E. Barnes, Jr.

Three Embarcadero Center, Suite 1800

San Francisco, CA 94111

415/393-2000

415/393-2286(Fax)

Bingham McCutchen LLP

Joseph O. Click

600 New Hampshire Avenue, N.W., 11th 

Floor

Washington, DC 20037

202/944-3000

202/944-3068(Fax)

Blank Rome LLP

Counsel For Plaintiff(s)

Azra Z. Mehdi

Monique C. Winkler

Shana E. Scarlett

100 Pine Street, Suite 2600

San Francisco, CA 94111-5238

415/288-4545

415/288-4534(Fax)

Lerach Coughlin Stoia Geller Rudman & 

Robbins LLP

William S. Lerach

401 B Street, Suite 1600

San Diego, CA 92101-4297

619/231-1058

619/231-7423(Fax)

Lerach Coughlin Stoia Geller Rudman & 

Robbins LLP

Case 5:04-cv-04802-JW Document 55 Filed 09/02/05 Page 6 of 6