Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-cand-3_07-cv-02986/USCOURTS-cand-3_07-cv-02986-4/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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United States District Court

For the Northern District of California

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IN THE UNITED STATES DISTRICT COURT

FOR THE NORTHERN DISTRICT OF CALIFORNIA

DANIEL FEUER, individually and on behalf

of all others similarly situated,

Plaintiff,

 v.

TELIK, INC., Michael M. Wick, M.D., and

CYNTHIA BUTITTA,

Defendants. /

AND RELATED ACTIONS.

 /

No. C 07-02986 WHA

ORDER (1) SCHEDULING HEARING

ON MOTIONS TO APPOINT LEAD

PLAINTIFF, (2) REQUESTING

INFORMATION FROM LEAD

PLAINTIFF CANDIDATES, AND (3)

SETTING BRIEFING SCHEDULE

All motions to appoint a lead plaintiff shall be heard on SEPTEMBER 13, 2007, at

2:00 P.M. in Courtroom No. 9, 19th Floor, 450 Golden Gate Avenue, San Francisco, California. 

As opposed to “group” candidates, the Court wishes to evaluate the qualifications of single

investors, either institutional investors or individuals, to serve as lead plaintiff. See In re

Network Assocs., Inc., Sec. Litig., 76 F. Supp. 2d 1017, 1019–27 (N.D. Cal. 1999) (Alsup, J.). 

The Court is particularly interested in considering single investors with large losses and in

evaluating their experience in managing litigation. Any “group” of movants must narrow its

candidates to one or two single investors and file answers to the appended questionnaire by

AUGUST 23, 2007, including the certification called for therein. Each candidate must attend the

hearing on September 13, 2007, and be prepared to answer questions.

Case 3:07-cv-02986-WHA Document 11 Filed 07/30/07 Page 1 of 2
United States District Court

For the Northern District of California

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All motions to appoint lead plaintiff must be timely filed under 15 U.S.C. 78u-4(a)(3)

and must be supplemented by the appended questionnaire and certification. All opposition

briefs shall be filed and served by SEPTEMBER 4, 2007. Any opposition briefs shall be filed and

served by SEPTEMBER 7, 2007, and shall not exceed ten pages. Each party shall submit only

one opposition brief, responding to all other pending motions, and only one reply brief. All

questionnaires and other submissions shall be served both electronically and by mail on all

counsel named on the service list for all of the related actions. 

If any movant has already filed a timely notice for appointment before receiving this

order, then the movant must file and serve a supplement to its submission in accordance with

this order by AUGUST 23, 2007.

Applications for class counsel shall be deferred until the lead plaintiff has been

appointed.

IT IS SO ORDERED.

Dated: July 30, 2007. WILLIAM ALSUP

UNITED STATES DISTRICT JUDGE

Case 3:07-cv-02986-WHA Document 11 Filed 07/30/07 Page 2 of 2