Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-cand-3_08-cv-01510/USCOURTS-cand-3_08-cv-01510-3/pdf.json

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

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Case No. CV-08-01510-WHA

STIPULATION EXTENDING TIME TO RESPOND TO COMPLAINT AND [PROPOSED] ORDER

sf-2518211

DARRYL P. RAINS (CA SBN 104802)

THOMAS R. PLUMMER (CA SBN 240758)

MORRISON & FOERSTER LLP

755 Page Mill Road

Palo Alto, California 94304-1018

Telephone: 650.813.5600

Facsimile: 650.494.0792

Email: DRains@mofo.com

CRAIG D. MARTIN (CA SBN 168195) 

STUART C. PLUNKETT (CA SBN 187971)

KEVIN A. CALIA (CA SBN 227406)

MORRISON & FOERSTER LLP

425 Market Street

San Francisco, California 94105-2482

Telephone: 415.268.7000

Facsimile: 415.268.7522

Attorneys for Defendants

The Charles Schwab Corporation, Charles Schwab & Co. Inc., 

Charles Schwab Investment Management, Inc., Charles R. 

Schwab, Evelyn Dilsaver, Randall W. Merk, and George Pereira

UNITED STATES DISTRICT COURT

NORTHERN DISTRICT OF CALIFORNIA

SAN FRANCISCO DIVISION

MIKE LABINS, on behalf of himself and all 

others similarly situated,

Plaintiff,

v.

THE CHARLES SCHWAB CORPORATION, 

CHARLES SCHWAB & CO. INC., CHARLES 

SCHWAB INVESTMENT MANAGEMENT, 

INC., CHARLES R. SCHWAB, EVELYN 

DILSAVER, RANDALL W. MERK and 

GEORGE PEREIRA,

Defendants. Case No. CV-08-01510-WHA

CLASS ACTION

STIPULATION AND 

[PROPOSED] ORDER

EXTENDING TIME TO 

RESPOND TO COMPLAINT

Related Cases:

Hageman, CV-08-01733 WHA

Glasgow, CV-08-01936 WHA

Flanzraich, CV-08-01994 WHA

Pai, CV-08-02058 WHA

Case 3:08-cv-01510-WHA Document 40 Filed 05/30/08 Page 1 of 4
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Case No. CV-08-01510-WHA

STIPULATION EXTENDING TIME TO RESPOND TO COMPLAINT AND [PROPOSED] ORDER 1

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WHEREAS, Plaintiff commenced this Action by filing a complaint dated March 18, 2008 

(the “Complaint”); 

WHEREAS, the Complaint asserts claims under Sections 11, 12(a)(2) and 15 of the 

Securities Act of 1933 (the “Securities Act”) on behalf of a purported class; 

WHEREAS, seven other actions have been filed since March 18, 2008, involving identical 

claims and substantially overlapping parties and those actions are pending in the United States 

District Courts for the Northern District of California, the District of Massachusetts and the 

Southern District of New York; 

WHEREAS, motions to consolidate these actions into a single action and to appoint a lead 

plaintiff were filed on May 16 and May 19, 2008; 

WHEREAS, the parties understand that the lead plaintiff in these actions will file a 

consolidated complaint;

WHEREAS, the parties agree that defendants should respond to the consolidated 

complaint filed by lead plaintiff and not to the individual complaints in the related actions;

WHEREAS, Defendants’ response date in this action is currently May 30, 2008, and this 

is the first request made for an extension of time; and

WHEREAS, the parties have agreed to a schedule that extends Defendants’ time to 

respond to the complaint until after a consolidated complaint has been filed. IT IS HEREBY STIPULATED AND AGREED among the undersigned parties as 

follows:

1. Defendants shall not be required to answer or otherwise respond to the Complaint;

2. Defendants shall answer or otherwise respond to a consolidated complaint on a 

schedule to be agreed upon with the lead plaintiff, or set by the Court.

SO STIPULATED.

Case 3:08-cv-01510-WHA Document 40 Filed 05/30/08 Page 2 of 4
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Case No. CV-08-01510-WHA

STIPULATION EXTENDING TIME TO RESPOND TO COMPLAINT AND [PROPOSED] ORDER 2

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* * *

IT IS SO ORDERED.

Dated: May ___, 2008

WILLIAM H. ALSUP

UNITED STATES DISTRICT JUDGE

Dated: May 29, 2008 DARRYL P. RAINS

CRAIG D. MARTIN

STUART C. PLUNKETT

KEVIN A. CALIA

THOMAS R. PLUMMER

MORRISON & FOERSTER LLP

By: /s/ Stuart C. Plunkett

Stuart C. Plunkett

Attorneys for Defendants

The Charles Schwab Corporation, Charles 

Schwab & Co. Inc., Charles Schwab 

Investment Management, Inc., Charles R. 

Schwab, Evelyn Dilsaver, Randall W. Merk 

and George Pereira

Dated: May 29, 2008 REED R. KATHREIN

PETER E. BORKON

HAGENS BERMAN SOBOL SHAPIRO LLP

By: /s/ Peter R. Borkon

Peter R. Borkon

Attorneys For Plaintiff

Mike Labins

30

U

NITED STATES DISTRICT COURT

NORTHERN DISTRICT OF CALIFORNIA

IT IS SO ORDERED

Judge William Alsup

Case 3:08-cv-01510-WHA Document 40 Filed 05/30/08 Page 3 of 4
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Case No. CV-08-01510-WHA

STIPULATION EXTENDING TIME TO RESPOND TO COMPLAINT AND [PROPOSED] ORDER 3

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I, Stuart C. Plunkett, am the ECF User whose ID and password are being used to file this 

Stipulation and [Proposed] Order Extending Time To Respond To Complaint. In compliance 

with General Order 45, X.B., I hereby attest that Peter R. Borkon has concurred in this filing.

Dated: May 29, 2008 MORRISON & FOERSTER LLP

Attorneys for Defendants

By: /s/ Stuart C. Plunkett

Stuart C. Plunkett

Attorneys for Defendants

The Charles Schwab Corporation, Charles 

Schwab & Co. Inc., Charles Schwab 

Investment Management, Inc., Charles R. 

Schwab, Evelyn Dilsaver, Randall W. Merk 

and George Pereira

Case 3:08-cv-01510-WHA Document 40 Filed 05/30/08 Page 4 of 4