Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-cand-3_18-cv-05080/USCOURTS-cand-3_18-cv-05080-5/pdf.json

Nature of Suit Code: 850
Nature of Suit: Securities, Commodities, Exchange
Cause of Action: 15:77 Securities Fraud

---

STIPULATION TO TEMPORARILY

STAY LITIGATION

SEC V. ROTHENBERG, ET AL. 

CASE NO. 3:18-CV-05080-JST-DMR 

1 

2 

3 

4 

5 

6 

7 

8 

9 

10 

11 

12 

13 

14 

15 

16 

17 

18 

19 

20 

21 

22 

23 

24 

25 

26 

27 

28 

C. DABNEY O’RIORDAN (Cal. Bar No. 205158) 

ERIN E. SCHNEIDER (Cal. Bar No. 216114) 

 schneidere@sec.gov 

JEREMY E. PENDREY (Cal. Bar No. 187075) 

 pendreyj@sec.gov 

E. BARRETT ATWOOD (Cal. Bar No. 291181) 

 atwoode@sec.gov 

ANDREW J. HEFTY (Cal. Bar No. 220450) 

 heftya@sec.gov 

SECURITIES AND EXCHANGE COMMISSION 

44 Montgomery Street, Suite 2800 

San Francisco, CA 94104 

T: (415) 705-2500 

F: (415) 705-2501 

ERIC M. BROOKS (Cal. Bar No. 209153) 

 brookse@sec.gov 

SECURITIES AND EXCHANGE COMMISSION 

33 Arch Street, 23rd Floor 

Boston, MA 02110-1424 

(617) 573-8900 

SECURITIES AND EXCHANGE COMMISSION, 

 Plaintiff, 

 vs. 

MICHAEL B. ROTHENBERG, and 

ROTHENBERG VENTURES LLC (f/k/a 

FRONTIER TECHNOLOGY VENTURE CAPITAL 

LLC and ROTHENBERG VENTURES 

MANAGEMENT COMPANY, LLC), 

 Defendants. 

Case No. 3:18-cv-05080-JST-DMR

STIPULATION AND 

[PROPOSED] ORDER TO 

TEMPORARILY STAY 

LITIGATION 

Honorable Jon S. Tigar 

Honorable Donna M. Ryu 

HEARING: August 29, 2019 

at 2:00 p.m., Courtroom 9, 

19th Floor, 450 Golden Gate 

Avenue, San Francisco, CA 

UNITED STATES DISTRICT COURT 

NORTHERN DISTRICT OF CALIFORNIA 

SAN FRANCISCO DIVISION 

Case 3:18-cv-05080-JST Document 46 Filed 01/18/19 Page 1 of 4
STIPULATION TO TEMPORARILY

STAY LITIGATION 1 SEC V. ROTHENBERG, ET AL. CASE NO. 3:18-CV-05080-JST-DMR 

1 

2 

3 

4 

5 

6 

7 

8 

9 

10 

11 

12 

13 

14 

15 

16 

17 

18 

19 

20 

21 

22 

23 

24 

25 

26 

27 

28 

WHEREAS, pursuant to the Court’s Scheduling Order (ECF No. 30) (“Scheduling Order”), the 

parties are to complete fact discovery by April 1, 2019, exchange expert disclosures on April 23, 2019, 

and complete expert discovery by June 3, 2019, and Plaintiff Securities and Exchange Commission (the 

“SEC”) is to file its motion to determine amounts of disgorgement and civil monetary penalties due 

(“SEC’s Motion”) by July 1, 2019; 

WHEREAS, pursuant to the Scheduling Order, the hearing on the SEC’s Motion is set for 

August 29, 2019, at 2:00 p.m.; 

WHEREAS, pursuant to the Court’s Settlement Conference Order (ECF No. 41) (“Settlement 

Conference Order”), the parties are required to attend an in-person Settlement Conference on June 14, 

2019, at 11:00 a.m. before Magistrate Judge Ryu, and also have a settlement conference call on February 

21, 2019 (ECF No. 40); 

WHEREAS, the SEC served written discovery on Defendants Michael B. Rothenberg and 

Rothenberg Ventures LLC (“Defendants”) on December 18, 2018, and Defendants’ responses are due 

January 17, 2019; 

WHEREAS, Defendants served written discovery on the SEC on January 5, 2019, and the SEC’s 

responses are due February 4, 2019; 

WHEREAS, on January 14, 2019, Defendants requested a 30-day extension of time to respond 

to the SEC’s written discovery on the basis of (i) travel conflicts during the December holidays, (ii) 

counsel for Defendants, Marc Fagel, subsequently announcing his forthcoming retirement, and (iii) 

Defendants are now seeking new counsel; 

WHEREAS, due to a lapse in appropriations, the SEC shut down as of December 27, 2018, and 

most personnel have been furloughed, and are prohibited from working except in very limited 

circumstances; 

WHEREAS, the parties previously sought one modification of the time for deadlines related to 

the Settlement Conference (see ECF No. 39) and have not sought any modifications of the Scheduling 

Order; 

ACCORDINGLY, it is HEREBY STIPULATED by and between the undersigned parties that 

the current deadlines for responses to written discovery are extended by 30 days, and for the foregoing 

Case 3:18-cv-05080-JST Document 46 Filed 01/18/19 Page 2 of 4
STIPULATION TO TEMPORARILY

STAY LITIGATION 2 SEC V. ROTHENBERG, ET AL. CASE NO. 3:18-CV-05080-JST-DMR 

1 

2 

3 

4 

5 

6 

7 

8 

9 

10 

11 

12 

13 

14 

15 

16 

17 

18 

19 

20 

21 

22 

23 

24 

25 

26 

27 

28 

reasons, the parties respectfully stipulate to and request the Court stay this case until the shutdown ends, 

at which time the SEC suggests that the parties meet and confer to determine whether to propose a 

revised Civil Case Management Plan and Scheduling Order, and whether to propose modifications to the 

Settlement Conference Order, within seven (7) days of the SEC reopening. 

IT IS SO STIPULATED. 

Dated: January 17, 2019 Respectfully submitted, 

/s/ E. Barrett Atwood E. Barrett Atwood 

Andrew J. Hefty 

Eric M. Brooks 

Attorneys for Plaintiff 

SECURITIES AND EXCHANGE COMMISSION 

/s/ Marc J. Fagel _ 

Marc J. Fagel 

GIBSON, DUNN & CRUTCHER 

555 Mission Street, Suite 3000 

San Francisco, CA 94105 

Attorney for Defendants 

Michael B. Rothenberg and Rothenberg Ventures LLC 

[PROPOSED] ORDER 

PURSUANT TO STIPULATION, IT IS SO ORDERED. 

DATED: 

 Hon. Jon S. Tigar 

 UNITED STATES DISTRICT JUDGE 

 

January January 18, 18, 2019 2018

Case 3:18-cv-05080-JST Document 46 Filed 01/18/19 Page 3 of 4
STIPULATION TO TEMPORARILY

STAY LITIGATION 3 SEC V. ROTHENBERG, ET AL. CASE NO. 3:18-CV-05080-JST-DMR 

1 

2 

3 

4 

5 

6 

7 

8 

9 

10 

11 

12 

13 

14 

15 

16 

17 

18 

19 

20 

21 

22 

23 

24 

25 

26 

27 

28 

ATTESTATION 

 I, E. Barrett Atwood, am the ECF User whose identification and password are being used to 

file this Stipulation and Proposed Order. I hereby attest that each of the above parties or their 

representatives concurs in this filing. 

Dated: January 17, 2019 /s/ E. Barrett Atwood 

E. Barrett Atwood 

Attorney for Plaintiff 

SECURITIES AND EXCHANGE COMMISSION 

Case 3:18-cv-05080-JST Document 46 Filed 01/18/19 Page 4 of 4