Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-cand-3_05-cv-04518/USCOURTS-cand-3_05-cv-04518-29/pdf.json

Nature of Suit Code: 850
Nature of Suit: Securities, Commodities, Exchange
Cause of Action: 28:1331 Fed. Question: Securities Violation

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SF-#1368276-v1-Wells_-_Stipulation_.DOC Stipulation Re: Class Certification 

 No. C-05-04518-WHA

PILLSBURY WINTHROP SHAW PITTMAN LLP 

BRUCE A. ERICSON #76342 

CLIFFORD C. HYATT #196458 

DAVID L. STANTON #208079 

JACOB R. SORENSEN #209134 

RYAN TAKEMOTO #221169 

50 Fremont Street 

Post Office Box 7880 

San Francisco, CA 94120-7880 

Telephone: (415) 983-1000 

Facsimile: (415) 983-1200 

bruce.ericson@pillsburylaw.com 

Attorneys for Defendants 

WELLS FARGO & COMPANY, 

WELLS FARGO INVESTMENTS, INC. and 

H.D. VEST INVESTMENT SECURITIES, INC. 

[ADDITIONAL COUNSEL LISTED ON SIGNATURE PAGES] 

UNITED STATES DISTRICT COURT 

NORTHERN DISTRICT OF CALIFORNIA 

SAN FRANCISCO DIVISION 

RONALD SIEMERS, Individually And On 

Behalf Of ALL OTHERS SIMILARLY 

SITUATED, 

 Plaintiff, 

 vs. 

WELLS FARGO & COMPANY, et al., 

 Defendants. 

 No. C-05-04518-WHA 

CLASS ACTION (PSLRA) 

STIPULATION RE: CLASS 

CERTIFICATION SCHEDULE; 

AND [PROPOSED] ORDER 

[Civ. L.R. 6-2; As requested by 

Dkt. 210] 

Honorable William H. Alsup 

Case 3:05-cv-04518-WHA Document 217 Filed 01/29/2007 Page 1 of 4
 Case 3:05-cv-04518-WHA Document 219 Filed 01/30/07 Page 1 of 4
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SF-#1368276-v1-Wells_-_Stipulation_.DOC -1- Stipulation Re: Class Certification 

 No. C-05-04518-WHA

RECITALS 

A. In an Order dated January 23, 2007, the Court stated it was “inclined to 

postpone for a few weeks the motion for class certification,” which is currently scheduled 

to be filed on February 8, 2007, and asked counsel to “meet and confer and submit a 

proposed schedule” for class certification. Dkt. 210, filed Jan. 23, 2007. 

B. Counsel have conferred at some length about this subject and reached 

agreement on the schedule proposed below. 

C. The discussions took time not so much because of differences of opinion as 

because of these considerations: 

1. The parties’ desire to hold the settlement conference after some more 

discovery, during the briefing on the motion and before oral argument on class certification; 

2. The limited number of dates that Magistrate Judge Spero has available for 

settlement conferences (he is not available in March or the week of April 9-13); and 

3. Unavoidable commitments of several of the chief trial lawyers for the 

various parties (e.g., an arbitration and several pre-paid non-refundable trips: one lawyer 

has a prepaid non-refundable out-of-country trip March 28-April 3, and another lawyer has 

an arbitration March 26-30 and an out-of-state trip April 9-15). 

STIPULATION 

NOW THEREFORE, all parties, thorough their respective counsel of record, agree 

and stipulate to the following schedule (subject to the Court’s approval): 

1. March 9, 2007: Plaintiff(s) to e-file and e-serve class certification motion. 

2. March 30, 2007: Defendants to e-serve but not file oppositions to class 

certification motion. 

3. April 2, 2007: All parties to e-serve and deliver to Magistrate Judge Spero’s 

chambers (but not file) their settlement conference statements. [This deadline is included 

at the request of Magistrate Judge Spero.] 

4. April 16, 2007, 9:30 a.m.: Settlement conference before Magistrate Judge 

Spero. [This date and time has been approved by Magistrate Judge Spero.] 

Case 3:05-cv-04518-WHA Document 217 Filed 01/29/2007 Page 2 of 4
 Case 3:05-cv-04518-WHA Document 219 Filed 01/30/07 Page 2 of 4
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SF-#1368276-v1-Wells_-_Stipulation_.DOC -2- Stipulation Re: Class Certification 

 No. C-05-04518-WHA

5. April 19, 2007: Plaintiff(s) to e-file and e-serve reply in support of class 

certification motion; and Defendants to e-file without changes the oppositions they e-served 

on March 30, 2007. 

6. May 3, 2007, 8 a.m.: Oral argument on class certification motion. 

Dated: January 29, 2007. PILLSBURY WINTHROP SHAW PITTMAN LLP 

BRUCE A. ERICSON 

CLIFFORD C. HYATT 

DAVID L. STANTON 

JACOB R. SORENSEN 

RYAN TAKEMOTO 

50 Fremont Street 

Post Office Box 7880 

San Francisco, CA 94120-7880 

By /s/ Bruce A. Ericson 

Bruce A. Ericson 

Attorneys for Defendants 

WELLS FARGO & CO., WELLS FARGO INVESTMENTS, LLC 

and H.D. VEST INVESTMENT SECURITIES, INC. 

Dated: January 29, 2007. HOWARD RICE NEMEROVSKI CANADY FALK & RABKIN 

A PROFESSIONAL CORPORATION 

GILBERT R. SEROTA 

PATRICIA J. MEDINA 

JASON M. SKAGGS 

Three Embarcadero Center, 7th Floor 

San Francisco, CA 94111-4024 

By /s/ Gilbert R. Serota 

 Gilbert R. Serota 

Attorneys for Defendants 

WELLS FARGO FUNDS MANAGEMENT, LLC, WELLS 

CAPITAL MANAGEMENT INCORPORATED, WELLS 

FARGO FUNDS DISTRIBUTOR, LLC, WELLS FARGO 

FUNDS TRUST and STEPHENS INC. 

Dated: January 29, 2007. GUTRIDE SAFIER LLP 

MICHAEL R. REESE 

230 Park Avenue, Suite 963 

New York, New York 10169 

GUTRIDE SAFIER LLP 

ADAM J. GUTRIDE 

SETH A. SAFIER 

835 Douglass Street 

San Francisco, CA 94114 

By ___/s/ Michael Reese______ _ 

Michael Reese 

Attorneys for COURT-APPOINTED LEAD PLAINTIFF 

Case 3:05-cv-04518-WHA Document 217 Filed 01/29/2007 Page 3 of 4
 Case 3:05-cv-04518-WHA Document 219 Filed 01/30/07 Page 3 of 4
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SF-#1368276-v1-Wells_-_Stipulation_.DOC -3- Stipulation Re: Class Certification 

 No. C-05-04518-WHA

DECLARATION PURSUANT TO GENERAL ORDER 45, § X.B

I, BRUCE A. ERICSON, hereby declare pursuant to General Order 45, § X.B, that I 

have obtained the concurrence in the filing of this document from each of the other 

signatories listed above. 

I declare under penalty of perjury that the foregoing declaration is true and correct. 

Executed on January 29, 2007, at San Francisco, California. 

/s/ Bruce A. Ericson 

[PROPOSED] ORDER 

Pursuant to the foregoing stipulation, and good cause appearing, 

IT IS HEREBY ORDERED that the parties adhere to the following schedule (absent 

further order of the Court): 

1. March 9, 2007: Plaintiff(s) to e-file and e-serve class certification motion. 

2. March 30, 2007: Defendants to e-serve but not file oppositions to class 

certification motion. 

3. April 2, 2007: All parties to e-serve and deliver to Magistrate Judge Spero’s 

chambers (but not file) their settlement conference statements. 

4. April 16, 2007, 9:30 a.m.: Settlement conference before Magistrate Judge 

Spero. 

5. April 19, 2007: Plaintiff(s) to e-file and e-serve reply in support of class 

certification motion; and Defendants to e-file without changes the oppositions they e-served 

on March 30, 2007. 

6. May 3, 2007, 8 a.m.: Oral argument on class certification motion. 

Dated: January __, 2007. 

 

 Hon. William Alsup 

 United States District Judge 

Case 3:05-cv-04518-WHA Document 217 Filed 01/29/2007 Page 4 of 4

30

U

NITED STATES DISTRICT COURT

NORTHERN DISTRICT OF CALIFORNIA

IT IS SO ORDERED

Judge William Alsup

Case 3:05-cv-04518-WHA Document 219 Filed 01/30/07 Page 4 of 4