Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-cand-3_06-cv-04435/USCOURTS-cand-3_06-cv-04435-16/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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Stipulation to Shorten Time SEC v. Reyes, No. C-06-4435 CRB 

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 SUSAN F. LA MARCA (Cal. Bar No. 215231) 

 lamarcas@sec.gov

JOHN S. YUN (Cal. Bar No. 112260) 

 yunj@sec.gov

WILLIAM T. SALZMANN (Cal. Bar No. 205808) 

 salzmannw@sec.gov

JENNIFER L. SCAFE (Cal. Bar No. 194649) 

scafej@sec.gov 

Attorneys for Plaintiff 

SECURITIES AND EXCHANGE COMMISSION 

44 Montgomery Street, Suite 2600 

San Francisco, California 94104 

Telephone: (415) 705-2500 

Facsimile: (415) 705-2501 

UNITED STATES DISTRICT COURT 

NORTHERN DISTRICT OF CALIFORNIA 

SAN FRANCISCO DIVISION 

SECURITIES AND EXCHANGE COMMISSION,

 Plaintiff, 

 vs. 

GREGORY L. REYES, ANTONIO CANOVA, 

and STEPHANIE JENSEN, 

 Defendants. 

Civil Action No. C-06-4435 CRB 

STIPULATION AND [PROPOSED] 

ORDER TO SHORTEN TIME 

PURSUANT TO L.R. 6-2 

Date: March 23, 2007 

Time: 10:00 a.m. 

Courtroom: 8 

Case 3:06-cv-04435-CRB Document 188 Filed 03/19/07 Page 1 of 3
Stipulation to Shorten Time SEC v. Reyes, et al., No. C-06-4435 CRB

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STIPULATION

 

 Pursuant to Local Rule 6-2, Plaintiff Securities and Exchange Commission (the 

“Commission”) and Defendant Gregory L. Reyes, by and through their respective counsel of record, 

hereby stipulate and move this Court for an order shortening time to brief and hear the 

Commission’s Motion to Compel Production of Documents filed concurrently with this Stipulation. 

 By its Motion to Compel, the Commission seeks the production of certain documents from 

Defendant Reyes’ expert witnesses whose declarations support Defendants’ pending Motion for 

Partial Summary Judgment on the Element of Materiality. The Commission submits that, in order to 

avoid prejudice, it requires the Court to resolve the issue sufficiently before the Commission’s 

depositions of the experts, currently noticed for the weeks of March 26 and April 2. The 

Commission’s opposition to Defendants’ Motion for Partial Summary Judgment is due by April 20, 

2007. Counsel for Defendant Reyes has agreed to the Commission’s request for an expedited 

briefing and hearing schedule. 

 The Commission and Defendant Reyes have each once previously requested the Court to 

hear a motion on shortened time. The relief requested by this Stipulation will not require any 

alteration of the schedule in this case. 

 The parties have stipulated to the following schedule for briefing and hearing the abovereferenced motion: 

1. The Commission shall file and serve its Motion to Compel on March 12, 2007. 

2. Defendant Reyes shall file and serve his opposition to the Motion to Compel on 

or before March 19, 2007 at noon. 

3. The Commission shall file and serve its reply brief on or before March 21, 2007. 

4. The hearing on the Motion to Compel shall take place on March 23, 2007 at 

10:00 a.m. 

Case 3:06-cv-04435-CRB Document 188 Filed 03/19/07 Page 2 of 3
Stipulation to Shorten Time SEC v. Reyes, et al., No. C-06-4435 CRB

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The parties request that the Court adopt the above stipulated schedule as the Order of this 

Court. 

 

 Respectfully submitted, 

Dated: March 12, 2007 /s/_______________________

Jennifer L. Scafe 

 Attorney for Plaintiff 

 SECURITIES AND EXCHANGE COMMISSION 

Dated: March 12, 2007 /s/_______________________

Jack P. DiCanio 

SKADDEN, ARPS, SLATE, MEAGHER 

& FLOM LLP 

 Attorney for Defendant 

 GREGORY L. REYES 

 I, Jennifer L. Scafe, am the ECF User whose ID and password are being used to file this 

Stipulation and [Proposed] Order to Shorten Time Pursuant to L.R. 6-2. In compliance with General 

Order X.B., I hereby attest that Jack DiCanio has concurred in this filing. 

Dated: March 12, 2007 /s/_______________________

Jennifer L. Scafe 

 Attorney for Plaintiff 

 SECURITIES AND EXCHANGE COMMISSION 

ORDER

 PURSUANT TO STIPULATION, IT IS SO ORDERED. 

Dated: March _____, 2007 _______________________ Hon. Charles R. Breyer 

 UNITED STATES DISTRICT JUDGE 

 

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UNITED STATES DISTRICT COURT

NORTHERN DISTRICT OF CALIFORN

I

A

IT IS SO ORDERED

Judge Charles R. Breyer

Case 3:06-cv-04435-CRB Document 188 Filed 03/19/07 Page 3 of 3